Archive for August, 2009

Ready to Say Bye-Bye to Your Boring Bio? Here’s How

Saturday, August 15th, 2009

[from Biznik, written by Nancy Juetten]

Tough economic times have created opportunities for people to exit corporate life to start businesses of their own.

That means the timing is perfect to stand out and attract more of the right clients by creating a winning bio that makes ideal customers stand up and take notice. Now that social networking plays a powerful role in how people seek new clients, new jobs, and new ways to be of service, telling one’s story so others will listen is essential.

Many people struggle with this challenge. Whether they are overcome with humility, find it difficult to put pen to paper to say what needs to be said, or can’t seem to find the right, well chosen words to make the most of the web page assigned to their executive photo, the fact remains that telling a winning story about how you contribute to the marketplace is crucial in today’s marketplace.

…Once you write your bio, ask yourself an important question. If your ideal customer were to land on your bio page first before meeting you in person, shaking your hand, or having any experience with your company, product, or service, would he/she like what was said enough to click to other pages of your website, pick up the phone, send you an email, or request a meeting? If the answer is “no,” go back to the drawing board and try again.

Read the entire article

Need funding? Find a foreign investor who wants a U.S. visa

Tuesday, August 11th, 2009

[By Lisa Lerer, for CNNMoney]
Invest $500,000, score a U.S. visa.
To find financing in a frozen economy, some entrepreneurs are turning to a little-known program for foreign investors.

(Fortune Small Business) — Hunting for capital in this frozen economy? Some legislators think an obscure immigration program could help.

A bipartisan group of senators is pushing to save the EB-5 visa program, scheduled to expire at the end of September. The program grants temporary visas to foreigners who invest at least $500,000 in distressed areas. If an investment creates at least 10 jobs for American workers, the temporary visa can become a permanent green card. Last year, 945 EB-5 immigrants invested more than $400 million in U.S. ventures.

Critics say it’s unfair that foreign investors can buy their way to the front of the immigration line. But local officials believe the program is a great way to infuse struggling areas with capital.

“It puts us on the map,” says Tim Sheehy, president of the Metropolitan Milwaukee Association of Commerce. “EB-5 gives foreign investors the opportunity to consider a market that they probably wouldn’t look at otherwise.”

Distressed areas that win “regional center” status from the U.S. government can market local ventures to overseas investors who become equity partners. Today there are 46 regional centers scattered across the country, offering investments in everything from Napa Valley vineyards to ethanol plants.

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