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Is Your Startup Story Worth $10,000?

Something every entrepreneur or small business owner has in common is that they have a story. Whether you quit your job in the middle of the recession (like me!) or you went from garage to glory in three years, we all have a startup story that is unique and inspiring to others. And now we all have the chance to win $10,000 simply for telling it.

Oh, you’re paying attention now, aren’t you? ;)

Hiscox, the small business insurance specialists, are challenging entrepreneurs, SMBs and consultants to share their startup stories for the chance to win $10,000 and other prizes through their MyStartUpStory Contest. What compelled Hiscox to put together a contest like this?

Hiscox’s Director of Small Business Insurance, Kevin Kerridge, said:

“The stories we hear on a daily basis from our customers and prospects are inspiring, and we wanted a way to share these and hear from other small businesses about how they got started and overcame challenges along the way. The submissions we’ve seen so far show the sheer will and determination of the U.S. small business owner and offer some advice for getting over the challenges that are part of every new business.”

To enter the contest, entrants have the choice of submitting a 500-word essay or a 2- to 5-minute video describing their startup and offering small business advice. Entries will be judged on their responses to the following questions:

  • What does your business do?
  • Why did you start your business?
  • What is the best advice you’ve received?
  • What are the biggest challenges you’ve faced?
  • How did you overcome these challenges?
  • What is the biggest lesson you learned from these challenges?

All submissions will be featured on the Hiscox Small Business Insurance Facebook page during the contest. Small business owners can also check the company’s Facebook page to find inspiration from the startup stories of entrepreneurs like Pete Cashmore (Mashable), David Karp (Tumblr) and others.

In addition to the $10K grand prize, the second- and third-place winners are eligible to win business essentials like a possible iPad, printer/copier/scanner, an office chair and other small business tools, as well as a free ticket to an upcoming small business conference from a list provided by Hiscox.

While the prizes surely sweeten the pot, the contest represents a great way for small business owners to share their personal experiences running a startup and to motivate those reading them.

According to Kevin:

“The MyStartUpStory contest is an opportunity not only for businesses to win prizes, but also to publicize their business and share their advice through our Facebook page, small business blog, Twitter account and other marketing channels. I think entrepreneurs will benefit from seeing others who have come through the tough times and lived to talk about it and share their experiences through this contest.”

If you want a chance at the loot, the contest runs through November 7, and is open to all U.S. small business owners and entrepreneurs. Full details can be found on the Hiscox Facebook Page.

Good luck!

From Small Business Trends

Is Your Startup Story Worth $10,000?

View full post on Small Business News, Tips, Advice – Small Business Trends

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If you found out tomorrow that $10,000 had been willed to you, but only for spending on marketing your business online,…

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Research and Markets: US Health Supplement Stores Report: 5,000 Companies Operating about 10,000 Stores with Combined…

TradingMarkets News for Research and Markets: US Health Supplement Stores Report: 5,000 Companies Operating about 10,000 Stores with Combined Annual Rev
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Why 10,000 People Have Taken The Entrepreneur’s Pledge

If you’re an entrepreneur, you’ve probably sacrificed a lot to be your own boss — security, maybe money, free time, fringe benefits. All to chase that dream of self-determination, of unleashing your creativity on the world, of letting your light shine.

Now, the Ewing Marion Kauffman Foundation, which focuses on entrepreneurship, has created a way to stand up and tell the world why you do it all. It’s called The Entrepreneur’s Pledge, it’s part of the foundation’s Build A Stronger America movement, and more than 10,000 people have already taken it. 

Before I get into why people are taking the pledge, here’s a copy of it:

I am an Entrepreneur. 
  I am following a dream, pursuing an opportunity, taking charge of my own destiny. 
  I am bringing something of value to society, making a job for myself and for others, and creating wealth that benefits my family, my community, my country, my world. 
  I am one of a movement of millions of entrepreneurs and innovators who made America great, and who will continue to keep our economy going…and growing. 
  I am what I am because many people have helped me along on this journey. 

Therefore:

I will tell my story, sharing my successes and failures, so that others taking the entrepreneurial path can learn. 
  I will strive to mentor an aspiring entrepreneur. 
  I will make my voice heard by those who make policy decisions that affect me and my business. 
  I will appreciate and celebrate my accomplishments, and the accomplishments of all my fellow entrepreneurs. 
  I will give back to the society that helped me to be successful. 
  I will Build a Stronger America.


Entrepreneurs are busy people. Why have so many taken the time to sign this pledge? Is it the cool video Kauffman made about it, which you can see below? 

<object width=”640″ height=”385″><param name=”movie” value=”http://www.youtube.com/v/6jvp0qxEZic&amp;hl=en_US&amp;fs=1″></param><param name=”allowFullScreen” value=”true”></param><param name=”allowscriptaccess” value=”always”></param><embed src=”http://www.youtube.com/v/6jvp0qxEZic&amp;hl=en_US&amp;fs=1″ type=”application/x-shockwave-flash” allowscriptaccess=”always” allowfullscreen=”true” width=”640″ height=”385″></embed></object>

Well… the video is uplifting, but I don’t know if that’s necessarily it.
As a solo, home-based business owner myself — one who’s interviewed a lot of successful entrepreneurs — I have a theory. 
An entrepreneur’s life is, very often, a lonely one. It’s so easy to feel like you’re the only one facing these challenges, confronting these problems, struggling to make payroll, sweating to keep the doors open. The feeling of satisfaction you get when it all works and the business succeeds…you’re usually so busy it’s hard to find the time to cultivate peers who’d support and applaud your progress. So it’s lonely when business is down, and can be lonely when it’s up, too.
The pledge gives entrepreneurs a chance to unite. To feel part of something big — which they are. Entrepreneurs’ startup companies are the engine that creates most of the jobs in this country — which they do, a recent Kauffman Foundation study showed.
Why do you think so many business owners have signed the Entrepreneur’s Pledge? Will you sign it? Leave a comment and let us know your reaction.

View full post on Entrepreneur.com – Daily Dose

Student business idea wins $10,000 – Education and Schools

Five teams will compete in a reality-show style showdown, pitching their business ideas to real investors. The businesses they’ll pitch range…
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