What helps a new business succeed?
It’s a significant question, given that only 20% of businesses have a chance of still being open after the first 18 months. From cash flow to competition to lack of resources, entrepreneurs face a long list of inescapable challenges. Luckily, for every challenge, there’s a resource, from apps to software to support groups. One resource dedicated to helping new businesses thrive is Miller Lite Tap the Future, a competition designed to empower entrepreneurs by giving them a chance to win $100,000. As part of their effort to support entrepreneurs, Miller Lite got a group of business owners together and asked them to share their advice for holding true to their vision in the face of challenges. Given how each has seen success in the face of adversity, it's definitely worth listening to. The interviewees include:
- Daymond John, the founder, serial entrepreneur and investor from ABC's Shark Tank
- Avin Samtani, the co-creator of AquaVault, a lockbox that keeps your valuables safe at the beach
- Cathryn Lavery and Allen Brouwer,co-creators of Best Self Co, a company dedicated to creating productivity tools
- Patrice Banks, owner of Girls Auto Clinic, a mechanic that caters to women
- Sean O'Brien and Evan Wray, co-creators of Swyft Media, a mobile messaging and sticker system
Check out what they had to say here:
If you want to hear more about what these successful entrepreneurs had to say about holding true to their vision, you can check out individual interviews with each of them here.
If you're an entrepreneur that holds true to your ideals despite the naysayers, you have until April 14, 2017 to enter for your chance to win $100,000. To apply, go here.
This article is brought to you by Miller Lite, the original light beer.