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David Waring
Works at Marc Waring Ventures
Attended East Carolina University
Lives in New York, NY
203 followers|18,370 views
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David Waring

Questions & Crowdsourcing  - 
 
Looking into Mobile Credit Card Processors like Square and Intiut Gopayment.  Any advice from those with experience on which is the best option?
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David K. Whitlock's profile photoCYRIL Rocero's profile photoDavid Waring's profile photoIO Part Base Computer Repair Services's profile photo
12 comments
 
Hello, I would love to share Affordable Merchant Services. Anovia Payments " will give you a $100 visa gift card for your time. Simply visit this link: http://bizconnect.shopacnrep.com/smallbusiness/merchant-services.aspx
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David Waring

Small Business Topics  - 
 
Just finished researching the best CRM software for small businesses and am curious to see what the community uses?  

I have used Salesforce at bigger organizations but dicided not to include them here.  I feel that products specifically designed for small businesses are better and more cost efficient.  I was especially impressed with insightly.  Has anyone used it?

http://fitsmallbusiness.com/best-small-business-crm-software/
What you need to know to choose the best small business CRM software for you. Insightly vs. Zoho vs. Nimble reviewed and compared.
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Rob Gordon's profile photoFrank Watson's profile photoDavid Waring's profile photoDennis D. McDonald's profile photo
6 comments
 
Thanks +Frank Watson I have used both Zoho and Salesforce for more than a year at different companies as well.  I found that Zoho did everything that I needed that salesforce did and was a lot cheaper.  I think a lot of businesses were using Zoho for the same reason, but also becuase they were the only people that were really targeting the smaller businesses.  It seems now however that zoho is trying to move up market by adding a whole lot of functions in.  If you are a medium to large business that could be great, but for the small business of less than 10 I think it just makes it more confusing.  That's why I think Nimble and Insightly are better now for small businesses.  Would be interested to hear what others think as well. 
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David Waring

Questions & Crowdsourcing  - 
 
Is offline networking now less valuable than it was before the internet?

I am going to make the case that it is.  Before the internet if you wanted to hear the opinion of knowledgable experts you had to go see them speak at an event, spend time with them one on one, or hope that they wrote a book.  

Now I can get advice from the world's top business leaders with the click of a mouse for free on places like youtube.  This is one reason I feel that offline networking is now less valuable, but that's not the only reason.

The second reason is that it is generally much easier to zero in on the people that you want to know, and to get them to talk to you online than it is in person.  

Do you feel that offline networking is more, less, or just as valuable as before the internet?
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Dan Crask's profile photoJeffrey Foxworthy's profile photoDavid Waring's profile photoAIRR Media's profile photo
6 comments
 
Thanks for the comments guys and gals some great stuff to think about. 

+AIRR Media I agree that in person networking events can be good but I also think it's important to consider the true cost which is not really the money but the time they suck up. 

+Dan Crask It's interesting that you bring up dating becuase I think that is another area where the time you need to spend offline is drastically reduced by the online tools available to zero in on potential matches.  Obviously there has to be an offline element there too though :)   Sounds like we are on the same side of the info gathering opinion.

+Nishadha Silva Thanks Nishadha but I will take the other side of that.  I think it's much easier to quickly find out who someone is wether they are credible online than offline.  

+Rebecca Quinn Thanks Rebecca.  The one area that I think online will never replace is that personal connection that you feel when you meet someone in person.  That is why I still think offline networking is valuable, I just don't think it is as valuable as it was before the internet.  

+Jeffrey Foxworthy Thanks Jeff I agree that there is a lot more misinformation out there with the internet but I also think it's a lot easier to find the good information than it was before the internet.  

Thanks again to everyone who commented would love to continue the conversation and here other's opinions as well. 
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My business partner wrote the below article on email marketing, and we are debating how many small businesses are actually using email marketing successfully.  Would appreciate insights from the community on wether or not you use email marketing and why.  
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Wayne Liew's profile photoDavid Waring's profile photoAIRR Media's profile photoLime Consultancy's profile photo
4 comments
 
Thanks +AIRR Media and +Wayne Liew good tips!  Any other small businesses out there using email marketing successfully?
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David Waring

Internet / Web / Social  - 
 
Ever Wondered How LinkedIN Makes Money?  We did too so we looked it up.  Anything in this chart surprising to anyone?
A full breakdown of the different revenu streams showing how LinkedIn makes money. You might be surprised at their number 1 revenu stream.
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BuiltRiteBleachers.com's profile photosohel rana's profile photo
 
I did wonder that, thanks for sharing +David Waring 
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Have him in circles
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David Waring

Marketing & Sales  - 
 
What successful strategies have you used to get press for your business?

Here is a list of 25 ways to get press that we put together and would like to ad to: http://fitsmallbusiness.com/how-to-get-press-for-your-business/
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David Waring

Small Business Topics  - 
 
We have been researching small business loan data and discovered some pretty shocking data on the low level of SBA lending to African Americans.

Only 2% of the total dollar amount of SBA loans made go to African Americans.  http://bit.ly/1sMO9DR

Does this come as a surprise to others as well?
A significant portion of SBA 7A loans (28%) go to businesses owned by minority ethnic groups. However it's probably not the group you think.
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The Logo Company's profile photoDavid Waring's profile photoAsime Fisher's profile photoHoward Lee's profile photo
8 comments
 
Sorry to hear that Howard.  I know that the SBA doesn't normally back new business loans though.  From my experience they generally only back loans to existing businesses with around 2 years of solid cashflows. 
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David Waring

Small Business Topics  - 
 
We have spent the last week research SBA 504 Loans and these are particularly interesting for small business owners who want to purchase real estate for their business.  

Very low interest rates and you can roll the cost of equipment and other improvements into the loan.  By owning the building you can also rent out a portion of it to other tenants.  Seems like a pretty good deal all around that we weren't aware of.  

More here:  http://fitsmallbusiness.com/sba-504-loan/
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David Waring

Questions & Crowdsourcing  - 
 
Do you use accounting software in your business or do you just keep a notebook or spreadsheet?  If you use softwarwe which accounting software do you use? 
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Ulrich Faircloth's profile photoRuth Wood's profile photoDavid Waring's profile photoKenny Laidlaw's profile photo
8 comments
 
Thanks for all the great feedback everyone. There are several mentioned here that I have not heard of before so will definitely check them out.  Comments on what other business owners in the community are using even if it's the same as ones mentioned above would be appreciated.  
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David Waring

Marketing & Sales  - 
 
Here is a list of online marketing resources I put together.  I hope the group finds these resources as useful as I have, and would appreciate any ideas on how we can improve it.  
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David Runyon's profile photoDavid Waring's profile photosohel rana's profile photoOTTO PINEDA's profile photo
7 comments
 
Thanks +Lisa Olson That's much appreciated we will take all the social media love we can get!
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People
Have him in circles
203 people
elsy bello's profile photo
Tom Waring's profile photo
Kathy Lien's profile photo
Education
  • East Carolina University
    Corporate Finance, 1997 - 2001
Basic Information
Gender
Male
Work
Employment
  • Marc Waring Ventures
    Managing Partner, 2011 - present
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Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
New York, NY
Previously
Roanoke Rapids, NC - Miami, FL
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