The casual resort-like setting at the Fountainbleu was a painterly backdrop for round three of the highly motivated and spirited newpreneurs as the Miami series kicked off. It was evident from the packed seats and rapid conversation that Tom Searcy’s insights and advice were sparking ideas for new sales methods on-the-spot. The networking continued long after the event was officially over.
After Chris from Laptop Lifts, Tommy from Sexlets, Celine from GiftAloft (*winner*), and Jonathan from Sole Bicycles (*winner*) presented their company’s story and product the Q&A centered on one core theme for the night — what are the ingredients for a successful small business?
Core Success Fundamentals:
- Work Ethic
What successful entrepreneurs have in common:
- Strategic vision for today, tomorrow and years to come
- Calculated planning to execute the strategic vision
- A way to reliably scale for growth
Hottest App in Miami: Bump (for networking)
Most Common Phrase: “Let’s LinkIn”
Best Tom Searcy Quote from @AlibabaTalk: “Making other people rich sucks.”
Alibaba.com “Aha!”: Ganged Sourcing. A fresh new business creating Cubano cultural tees sourcing blank white t-shirts from two different suppliers in two different countries to keep his cost of goods down met a screen printer who also needed tees—they’re going to pair up their buying to help save shipping costs and lower costs even further.