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In The News
Growthink Named Strategic Advisor to Sonoma Risk Insurance Agency
August 30, 2010 - Los Angeles, CA - Growthink has been selected as a strategic advisor to Sonoma Risk Management, a Los Angeles based insurance agency dedicated to providing innovative and affordable litigation insurance to individuals, businesses, and corporations. Its policies are underwritten by Zurich North America, a leading global insurance carrier.
Based in Los Angeles, with regional offices planned for the Midwest, Southwest, Southeast, and Northeast, Sonoma Risk is comprised of a skilled management team of seasoned professionals within the legal and insurance industries.
For more information go to http://www.sonomarisk.com
Growthink's work on behalf of Sonoma includes advice and assistance regarding various strategic alternatives, including outside financing and growth through strategic acquisitions. To learn more about Growthink's work on behalf of Sonoma Risk, please contact Ashumi Kothary at ashumi.kothary@growthink.com.
Growthink Advises Trees for Children on Venture Philanthropy Strategy
August 6, 2010 - Los Angeles, CA - Growthink has been mandated as the strategic business planning and fundraising partner for Make a Mark Foundation's Trees for Children Initiative.
Make a Mark was established in 1993 as a non-profit foundation sponsored by The Noel Group, and with the help of supporters is focused its efforts on the looming orphan crisis.
As a result of the devastating AIDS pandemic, millions of orphans and vulnerable children are being left to fend for themselves. Make a Mark is working with a coalition of partners to support lasting and sustainable business solutions to the growing orphan crisis
Trees for Children is currently active in the Nyumbani Village, Kitui Kenya, where they are currently undertaking a 10-year project to plant a dry-land adapted tree species, Melia Volkensii, on 500 acres of land - 50 acres every year. Melia is an indigenous high-value tree species that will be sold as logs or timber products upon maturity. The trees are being watered with solar pumps and drip irrigation to insure they will survive the arid weather. The revenues generated will be enough to care for one village and also help plant more trees to benefit other AIDS orphans. At the end of 10 years, the 300,000 trees planted will have offset tons of carbon emissions and improved the microclimate of the surrounding areas. Trees For Children – Kenya is a long-term strategy for sustainability that will provide funding indefinitely for current and future intergenerational villages. It is a concept Make a Mark hopes the entire world will embrace.
Growthink is currently acting as a strategic advisor to Trees for Children, helping to complete a business plan and define their fundraising strategy. Please contact Tristan Sigerson or Brittany Lawson at Growthink at (310) 846-5000 for more information or Contact Sasha Gainullin at Make a Mark - info@makeamark.com - to learn how you can help.
Growthink Launches Crowdfunding Formula
July 6, 2010 - In 1957, the venture capital industry was born.
But in 2010, a brand new funding source arose that’s going to blow venture capital out of the water.
Within the next year, over 100 TIMES more companies will raise money from this new source than will raise venture capital.
What is this revolutionary new funding source?
It’s called Crowdfunding.
According to Growthink President Dave Lavinsky, “Crowdfunding is the most significant new fundraising tactic for entrepreneurs in 53 years. Because Crowdfunding is about raising money from friends, acquaintances and the general internet “crowd,” for the first time ever, there are more people giving out money then entrepreneurs seeking money. This changes everything!”
The bad news is that since Crowdfunding is so new, most entrepreneurs don’t know how to raise it and fail when they try.
That’s why Growthink just completed a comprehensive training course called Crowdfunding Formula, to teach entrepreneurs how to successfully raise money via crowdfunding.
Among other things, Crowdfunding Formula lays out the 14 steps that entrepreneurs must follow to raise Crowdfunding dollars.
You can learn more about Crowdfunding Formula here.
Bovie Medical Corporation (NYSE Amex: BVX) Names Growthink As Strategic Advisor
May 10, 2010 - Bovie Medical Corporation (NYSE Amex: BVX) announced today that it has retained Growthink Securities, Inc. to assist Bovie as its strategic consulting, business planning and financial advisor in connection with developing various sales and marketing strategies, any potential financing and/or sale transaction, related to one or more of Bovie’s medical device product lines. Click here to learn more.
Growthink Advising Reno-Tahoe Winter Games on 2022 Olympic Bid
April 1, 2010 - 50 years ago, Squaw Valley, California played host to one of the most treasured and revered Olympic games in history
Now, half a century later, the opportunity to craft another chapter in the region's rich Olympic heritage is upon us.
There is a strong probability that the Unites States will submit a region for consideration to host the 2022 Winter Games, and right now Reno-Tahoe region is positioned to be the clear front-runner.
The Reno Tahoe Winter Games Coalition has been working diligently to prepare for this opportunity. Influential regional leaders, such as the Coalition’s Chair Nevada Lieutenant Governor Brian Krolicki and Squaw Valley Ski Corporation’s Nancy Cushing believe that Reno - Tahoe will once again successfully host the Olympics. Growthink has recently been retained by the coalition to assist in preparing a business plan and an overall bid strategy. Click here to learn more.
Growthink Sponsors Agriculture 2.0
February 26, 2010 - Growthink is sponsoring a Agriculture 2.0, an event focused on building networks and knowledge in sustainability. Click here to learn more.
Growthink Listed Among 100 Fastest-Growing Companies in Los Angeles
December 7, 2009 - Growthink was listed among the Top 100 Fastest Growing Companies in Los Angeles, as published in the Los Angeles Business Journal.
The list was created by measuring revenue growth from 2006 through 2008. Growthink was ranked as the #66 fastest-growing company, with revenue growth of over 60% during this time period.
Growthink Co-Founder Dave Lavinsky Featured on DigitalMediaBuzz.com
December 2, 2009 - Growthink's co-founder Dave Lavinsky was recently interviewed by Digital Media Buzz about web startups and business planning ("Web Startup 101: Get a Business Plan").
Read the full article here.
Growthink Co-Founder Dave Lavinsky Featured on CNN.com
October 29, 2009 - Growthink's co-founder Dave Lavinsky was featured in a recent CNN.com article about business grants ("Free Cash for Your Business").
Here's an excerpt from the article:
The not-for-profit side usually offers different or less comprehensive products and services than the for-profit, says Dave Lavinsky, president of Growthink in New York City, a consultancy that assists startups in developing business plans and raising capital. A for-profit children's theatre company, for example, could have a non-profit arm teaching after-school drama programs.
No matter what grant you apply for, remember that the cash is usually earmarked for funding specific projects or products -- not entire companies. If you want free money, be prepared to adapt. "A lot of times business owners will modify their business based on funding opportunities," Lavinsky notes.
You can read the full article here.
Growthink Co-Founder Dave Lavinsky Featured on BusinessWeek.com
October 12, 2009 - Growthink's co-founder Dave Lavinsky was featured in a recent BusinessWeek.com article about entrepreneurship in the sports industry ("Starting a Sports Merchandise Store").
Asked about the business planning process, Dave stressed the importance of analyzing your competition. Dave was quoted as saying:
"Is there really a need for this store? Who else is currently selling these items—local sports stadiums and national retailers like Champs? If there is no directly competing store in your area, maybe there is no market."
You can read the full article here.
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