Remove Banking Remove Finance Remove Prioritization Remove Profitability
article thumbnail

3 Lessons from A Founder of 2 Million-Dollar Companies

Hubspot Sales

Most of these companies focus on the Spanish-dominant immigrants and their pain points, such as the distrust of banks or the struggle with English. Source: SUMA Wealth pitch deck SUMA also helps young Latinos navigate the stressful finances of dating , through a partnership with Latino dating app Chispa (part of Match.com).

article thumbnail

Design Thinking Driven Problem Solving and Innovation

Flevy

Some examples of where design thinking has been successfully applied in government, non-profits, and industries include: Healthcare: Design thinking can be used to improve patient experiences, create better medical devices, and develop new healthcare services that meet patients’ needs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

31 Funding Resources for Black-Owned Businesses

Hubspot Sales

Less access to banking in Black communities and a history of discriminatory lending practices have made it harder for Black founders to secure loans or financial assistance. Accion International is a global, non-profit micro-lender that provides financing to disadvantaged populations. Union Bank. Accion International.

article thumbnail

6 Ways to Get Your Business "Investor Ready"

Hubspot Sales

Luckily, a bank loan isn't your only option these days. Since they're in high demand, they can be picky in where they choose to invest — which usually means prioritizing established businesses over startups. Debt crowdfunding: With this type of crowdfunding, you borrow money from other individuals instead of a bank.

article thumbnail

“Funding squeeze” does not spell doom and gloom for startups seeking VC

Zendesk

As an alternative, startups are turning to revenue-based debt financing to fund their growth. What is revenue-based debt financing? Revenue-based debt financing is an alternative to equity-based financing—equity in the company in exchange for cash, which is most common—collateral-debt financing, or venture-debt financing.

Finance 52
article thumbnail

Ethics of AI in CX

Zendesk

But as we know, “With great power comes great responsibility”—businesses and individuals must commit to prioritizing the ethics of AI in CX to create a safe and positive experience for all. Whether at a national or organizational level, prioritizing AI ethics can help ensure the safety of businesses and individuals.

article thumbnail

The Ultimate Guide to Entrepreneurship

Hubspot Sales

Entrepreneurship is the process of starting (or improving upon) a business with the ultimate goal of making a profit. Prioritize learning over earning (at least in the beginning). Instead, profits are reinvested. Small business loans provide an established source of financing that favors more traditional business models.