PROFIT FIRST

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You get what you focus on. In business, it means focusing on profit.

A business without profit will die.   Being passionate about your work may keep you in the game longer, but without profit you are still losing money. You have to keep business expenses in control. There isn’t a shortcut that allows you to succeed if don’t have a clear path to profitability for your company.    Every business may go through short cycles when expenses exceed income, but allowing it to happen repeatedly without making adjustments is the definition of insanity – doing the same thing over and over without making changes, expecting a different result. Continue reading

A Blast from the Past

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Not all business ideas are new!

Do you remember the era where you could sign up for a membership and every month a vinyl record was delivered right to your door? It’s that time again! Vinyl Me, Please is a record of the month club that believes in the power of the album as an art form. Each month they press an LP album exclusively for their members. It arrives with an album-inspired art print and pairing recipe. They claim to be a great way to build your vinyl collection. They highlight new artists, essential releases from artists you may never have heard of before, as well as a healthy dose of must-have reissues from decades past. If you have missed your vinyl collection and need to start one again, or need new material to add to your collection, this back-again business may be for you. www.vinylmeplease.com Continue reading

Grant Funds Awarded to the CBI

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We’re excited! The CBI has been awarded grant funds by the Launch Tennessee Creative Communities Grants program. The Creative Communities Grant initiative was created to connect rural and underserved populations with entrepreneurial education, tools and resources. The funds will be used for a number of programs by the end of the grant period, June 30th, 2017. Continue reading

Entrepreneurs Among Our Founding Fathers

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We all think about Thomas Jefferson and Benjamin Franklin being true entrepreneurs before the word was even in use. But what about the other Founding Fathers?

In an 1829 book, Lives of the Signers to the Declaration of Independence by Rev. Charles A. Goodrich we learn more. As it turns out, most of those who signed the Declaration of Independence were entrepreneurs. Continue reading

MakerGirl Comes to the CBI!

Calling all 1st – 6th Grade Girls

A group of students from University of Illinois are touring the country this summer with MakerGirl Mobile with a mission to encourage young girls to become leaders in Science, Technology, Engineering and Math (STEM) fields through 3D printing. Roane State Community College’s Cumberland Business Incubator will be hosting the group on July 15th. Registration is limited to 20 girls from 1st through 6th grade. Continue reading

Helping Veteran Dreams Come True

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Memorial Day, a time to honor all vets. Did you know that Cumberland County has one of the highest concentration of veterans in the 95 counties of Tennessee? Continue reading

Altered Ego Design – A Maker Space Business

We are excited to have Christien Fontaine of Altered Ego Design creating his custom laser cut arts and automotive accessories at the CBI Maker Space. Christien owns the same Full Spectrum laser that we have in the Maker Space and has been making some of his creations and volunteering to help others learn what the laser can do. Continue reading

Your Invitation to Pitch Night

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The Cumberland Business Incubator invites the community to attend the Crash Course MBA Accelerator Pitch Night, May 3rd at 6pm, Roane State Community College, 2569 Cook Road, Crossville. Presenting will be the participants completing the 15 week long Crash Course MBA program. Pitch Night is the final night of the program where the accelerator participants will share their ideas with the community, answer questions and accept feedback.

Participants in Pitch Night will include: Continue reading

How to Use Birdseed to Get Clients & Customers

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I think it was a scene in a movie, but something made me think about how that scene related to getting clients and customers.  Picture in your mind you are watching people in a park feeding the birds.

Children are chasing after the birds trying to catch them.  Almost every child eventually starts to chase the birds. It was quite amusing because the birds always scattered away! Camera pans and now we’re watching the adults interacting with the birds and noticed something fascinating… Continue reading

6 Things Successful Entrepreneurs Do Daily

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Success in entrepreneurship is not an end destination. It’s to be the best version of yourself every day as you work with and communicate with those around you and provide services and products to your customers. We are a constant work in progress that requires some daily effort. The “laptop in the coffee shop” version of entrepreneurship may only exist for a very few. Continue reading