July 2004

One Income Is Risky

David St Lawrence: “If a company has only one customer or only one product line, almost anyone with business experience would say that they are severely at risk, no matter how well they are doing. The same could be said for any individual, whether self-employed or not. When you put all of your eggs in

One Income Is Risky Read More »

Small Businesses More Optimistic

Kirsten Osolind of re:invention: “The National Federation of Independent Business, the nation’s largest small business advocacy group, announced today that its monthly small business optimism index reached 103, a record in the survey’s 18-year history. Nearly one-quarter of all businesses surveyed reported higher profits.”

Small Businesses More Optimistic Read More »

It Floats, On Purpose

Snark Hunting: “After years of insisting that Ivory soap’s ability to float was the product of a production error, Proctor and Gamble is now conceding that it was in fact due to a calculated marketing effort. This is just a one of the dirty little secrets revealed in Rising Tide: Lessons from 165 Years of

It Floats, On Purpose Read More »

Hardest Lessons Most Basic

Startup Journal: The hard lessons come from not paying attention to basic items, such as having solid contracts with suppliers, doing credit checks on customers or performing due diligence on potential employees, say business owners. These are the issues that can play havoc with your bank balance and bring your company to its knees. By

Hardest Lessons Most Basic Read More »