To create a successful startup company you would need three things. To start with good people, make something customers would actually want and to spend as little money as possible. Although these things can help you, Global Entrepreneurship Week event’s like startup open competitions can help your business more.




Base on this article ( )  here are a few key points about it

Startup open is a competition to recognize start up companies who has have just started, or is about to start. The Global Entrepreneurship is the largest gathering of startup champions from around the world. The Congress allows these brilliant entrepreneurs to meet and network with each other, offering attendees a once in a lifetime opportunity.

Follow up question: Where can you go to get a little help and also some helpful business tips.

Well, in Goelaborate we can expand on your inventions and latest ideas and can publish them online by creating your own website. So  let us help you take the leap!

Ning- viral loop!

Much has been spoken about it and it is no longer news to anyone. You surely must be part of some social networks. But have you thought about creating your own social network? Relate to friends, or even, and why not, a corporate social network to meet their clients, exposing a web site with your product / service and listen to what your customers have to say about it. Even a great opportunity for new businesses to customers from different regions or different segments have the opportunity to meet and exchange experiences. On Ning this is possible! And this is its main diferencial.

Viral Expansion Loops is a type of engineering alchemy that, if done correctly, almost guarantees a self-replicating growth: a user becomes two, then four, eight, up to 1 million or more. Not much different from making a penny doubled every day for 30 days. After a week, you will have $ 0.64, in two weeks, R $ 81.92, on the thirtieth day, about $ 5.4 million. Amazing right?

The viral loops emerge as the most significant accelerator of business in Silicon Valley since the search engine, the mechanism on the web. They leverage many of the icons of Web 2.0, including Google, PayPal, YouTube, eBay, Facebook, MySpace, Digg, LinkedIn, Twitter and Flickr. But do not confuse viral loop with viral marketing, viral advertising can not be replicated, while, by definition, a viral loop must be replicated.

Ning Social Networking has grown automagically since it launched the Social Networks for Everything, free platform for building DIY social networking, in February 2007. In June, there were already 60,000 networks, in August, 80,000; the end of the year, 150,000, and today, more than 230,000. About 40% of Ning social networks originate outside the United States, and members from 176 countries have registered the service in several languages. The company estimates that this rate will be hosting in late 2010, some 4 million social networks with tens of millions of members, which means billions of page views (hits to a website page) daily.

Ning social networks, where users have comments, questions, photographs and videos, dealing with wide range of topics, from motorcycles to hospitals, from TV shows to customized cars. One of the most popular networks is that of 50 Cent, hip-hop of the U.S., has 107,000 members. A single Ning group can, in theory present what some already consider the most advanced marketing strategy developed in the world today.

The viral loop Ning, in theory, can serve as a platform for business, collectively, the networks represent an ever-expanding commercial universe.