Samsung Galaxy S4 Mini: 5 Things to Know
After the Samsung Galaxy S4 release, Samsung will likely release another Samsung Galaxy S4, a smaller version called theSamsung Galaxy S4 Mini. Samsung has already seemingly confirmed the Galaxy S4 Mini for arrival and we now want to take a closer look at what to expect from the smaller version of Samsung’s flagship.
Last year, Samsung announced the Samsung Galaxy S3 at a massive launch event in London during the month of May. The event was strictly about the Galaxy S3 and its new software and there were no signs of another Galaxy S3 smartphone that would launch later in the year. That phone of course was the Samsung Galaxy S3 Mini, a smaller, less powerful version of the Samsung Galaxy S3 for those that were turned off by the size and price of the larger version.
Given the success of the Galaxy S3, which has sold over 40 million times around the world, it’s no surprise that Samsung has announced a successor in the form of the Galaxy S4 which arrived earlier this month in New York City. And, given the launch of the smaller Galaxy S3 Mini and rumors of a cheaper iPhone for later this year, it’s not surprising to hear that Samsung has a new Samsung Galaxy S4 Mini up its sleeve.
Shortly before the Galaxy S4 launch, there were rumors that Samsung was cooking up a Galaxy S4 Mini. Like the Galaxy S3 event though, the Galaxy S4 launch event came and went without a miniature arrival, the spotlight steadfastly focused on the larger model.
Just a few days after the Galaxy S4 emerged however, the Galaxy S4 Mini, or what appeared to be the Galaxy S4 Mini, emerged in specs and photos showing it next to the larger Samsung Galaxy S4. And like the Galaxy S4, there is already quite a bit of anticipation behind the arrival of the Galaxy S4 Mini especially now that Samsung has seemingly confirmed it for launch after the Galaxy S4.
So with a Galaxy S4 arrival just ahead in the distance, it’s time to take a look at five things consumers should know about the smaller Galaxy S4 ahead of its release.
Cheaper Price Tag
The first thing that consumers should expect from the Samsung Galaxy S4 Mini is a cheaper price tag from the price of the Samsung Galaxy S4. Due to its size and the fact that Samsung wants to make it appealing to emerging markets in order to combat the iPhone, and quite possibly a cheaper iPhone that’s rumored for later this year, the price of the Galaxy S4 Mini will undercut the price of the Galaxy S4.
By how much, it’s not yet known but currently, the Samsung Galaxy S4 is going for £580.00 SIM-free in the United Kingdom so we expect the Galaxy S4 Mini to be far less than that in order to stay appealing and counter-act many of the cheaper Android phones, and otherwise, that are currently on the market.


However getting the right source of funding is slightly more complex. Each source of capital has its own unique advantages and disadvantages.
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Your family and friends want to see you succeed and may even want a stake in your potential goldmine for themselves. However using family and friends as a source of raising money can be problematic. It can create a strain that can ruin personal relationships. It is also worth remembering that over 50% of small businesses fail in their first five years often because of factors completely outside of the control of the owners. Make sure that you are not borrowing money that they can’t afford to lose. Put any lending agreement in writing with the terms clearly laid out even if it is a “friendly” loan.
Credit cards should be viewed as a temporary measure between getting your business started and obtaining other financing such as a bank loan. Given the hefty 10 – 20% plus interest rates on many credit cards they are generally not a good source of loan term capital. That said credit cards have been used by many entrepreneurs when their was no other options available. In the mid 1990s the founders of Google initially funded the company using credit cards. While the founders maxed out their credit cards they used the funds wisely, purchasing second-hand computers instead of new ones and open source software instead of off the shelf.
One of the most common ways that people raise capital for their small business is through a bank loan. Your banker may request that you have your loan guaranteed by the Small Business Association before approval. The SBA is a government agency who will guarantee up to 80% of the value of the loan for applicants which meet their criteria. Alternatively you may be able to offer some other form of security such as your home to get your loan approved.
Second mortgages are also referred to as home equity lines of credit. These loans tap into the locked up equity you may have in your home. To calculate how much you may be able to borrow for a second mortgage take the value of your home and deduct the value of any outstanding mortgage. Be aware some lenders may only lend only up to 70 – 80% of the fair value of the home. One of the biggest advantages of using a second mortgage is that the interest rate tends to be lower than with others form of financing. This is because the bank knows it can always recover the value of the loan by foreclosing on your property if you are not able to meet your interest payments.
Venture capitalists aim to invest in early stage businesses with high growth potential. Traditionally venture capitalists received equity in the business in exchange for funding it. However these days they typically demand a mixture of equity and debt financing.
You might not have the money to get your business started but maybe you know someone who does. Of the Inc top 500 businesses, 28% received seed funding from a co-founder.
Guy Kawasaki is a Silicon Valley venture capitalist, bestselling author, and Apple Fellow. He was one of the Apple employees originally responsible for marketing the Macintosh in 1984.