Empowering People
& Revitalizing the Community

Guerrilla Marketing It's About Knowing Your Customers In A Crowded Marketplace

Posted on 3/24/2016 by Ray Lamboy in LAEDA News

Entrepreneurs assembled at LAEDA Headquarters to learn about Guerrilla Marketing, effective ways of marketing your business and its products and services, fundamentals of marketing, and how to shop around for advertising, low cost or no cost high pact marketing tactics. Raymond L. Lamboy, President and Chief Executive Officer of LAEDA shared his expertise in the marketing strategies and disclosed many factors people could not even imagine.

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Anatomy of the Pitch: Selling Your Business in 60 seconds

Posted on 3/23/2016 by Ray Lamboy in LAEDA News

On Monday, March 14, 2016, our EDTP students had their class on Business Plan VII with Raymond L. Lamboy, LAEDA’s President & Chief Executive Officer. The Business Plan VII class teaches the essentials of the elevator pitch, and how it should gain the attention of prospect investors in a short time. The elevator pitch should be a summary of yourself and your business, a ”hook” or highlight the unique part of the business, and three proving statements of your business’ distinctive features. Mr. Lamboy started the session with a presentation that taught the students the elements and importance of the elevator pitch. After the presentation, each of the students practiced their sixty-second elevator pitch and received critique from their classmates and LAEDA’s staff on how to improve their pitch. Then, students performed their pitch a second time. Mr. Lamboy explained that when delivering your pitch, it is important to not put so much information so people can easily follow and understand the message you are intending to deliver. Mr. Lamboy encouraged the students to “be comfortable with their role in the company when making the pitch and think of what they really want to accomplish when giving your pitch to prospect investors.”

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A Moment with Our EDTP Graduates: Meet Gregory and Derek Brock

Posted on 3/22/2016 by Ray Lamboy in LAEDA News

Gregory and Derek Brock are the owners and operators of Mutual Taxi & Limousine, and graduates of LAEDA’s Entrepreneurial Development Training Program. We had a chance to sit down with them to ask both of them about their experience with entrepreneurship and LAEDA's training program.

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Team Building: Learning to Work and Achieve Together

Posted on 3/7/2016 by EDTP Coordinator

Last Monday March 1st, 2016, our current EDTP students had their class on Team Building with Fonda Wynn. Fonda, as we affectionately call her at LAEDA, is the owner of Wynn Development Consultants and a long-time instructor for the Entrepreneurial Development Training Program (EDTP). The Team Building class is one of the favorite ones because Fonda teaches students how to create and foster an environment that promotes good relationships and team building.

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A Moment with an EDTP Graduate: Meet Xiomara Babilonia-Still

Posted on 3/1/2016 by Ray Lamboy in LAEDA News

Xiomara Babilonia-Still is an Artist, Owner of XS Artistry, and a graduate of LAEDA’s Entrepreneurial Development Training Program. We had a chance to sit down with her to ask her about her experience with entrepreneurship and LAEDA’s training program.

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Credit Card Processing Isn’t Just About Credit Cards Anymore!

Posted on 3/1/2016 by Ray Lamboy in LAEDA News

Aspiring entrepreneurs and business owners assembled at LAEDA Headquarters to learn about credit card processing and the risks business owners face in swiping that credit card. Joe Fallon of Fulton Financial Corporation shared his expertise in the merchant services area and opened a lot of eyes.

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