Archive for January 10th, 2005
Small Business Effects on the US Economy
The estimated 23.7 million small businesses in the United States: Have generated 60 to 80 percent of net new jobs annually over the last decade Employ 50 percent of the country’s private workforce Represent more than 97 percent of all the exporters of goods Represent more than 99.7 percent of all employers Generate a majority [...]
→ burgerking.com The Burger King Corporation uses over 50 years of experience as it moves proudly into the future. As a brand, their company has never been stronger. Whether it’s their Executive Team or each individual employee across thousands of locations, they strive to serve their customers consistently. What started with one restaurant in Miami [...]
Parking Lot Investment “Indicatrs”
Ross Mayfield: My uncle was a guru on wall street when I asked him where I should invest my paper route money. He said to visit the parking lots of Silicon Valley companies during the weekend. If the parking lot was full, there was a good chance they were close to a breakthrough or release. [...]
Phat Investor is a great new categorized directory of business and financial weblogs. In a chat last Friday, the webmaster explained that the site was an outgrowth of his overflowing bookmarks. The typical financial site is built on too much hype, he said, but there are a lot of smart people out there who can [...]
Identifying Good Business Opportunities
The Entrepreneurial Mind: Most successful entrepreneurs don’t simply “enter a market.” They build off of their experience, their knowledge, their education, and their skills. Successful entrepreneurs find some need in the market that is not being met that they have the knowledge, skills, and experience to satisfy for their customers. Maybe it is an area [...]
Who Brags About Your Business?
Tom Asacker: I’ve often wondered: If your employees won’t boast about your business to their friends, why the hell would you expect it from your customers? via Michael Cage.
Carnival of the Capitalists is up Odyssey of the Mind.
Cheap Wine, or Why They Don’t Grow Apples in Manhattan
Philip Greenspun: “Wine down here in Chile ranges in price from $1 to $3 per bottle. I’ve been drinking these and some luxury ($7) Chilean wines and, to my uneducated palette, they compare favorably to wines tasted in California’s Napa Valley on a recent long weekend out there. The Napa wines were $30-50/bottle. So the [...]
About.com: “Passive income, on the other hand, is income that does not require your direct involvement. Some kinds of passive income you may be familiar with include owning rental property, royalties on an invention or creative work, and network marketing. If you want to earn more, work less, and have a decent retirement, you’re going [...]
First Impressions: Time is (Not) on Your Side
Hello, My Name is Scott: Because they are based on instinct and emotion; and because they are usually correct; first impressions people form about you will probably stay in their minds forever. People put pressure on themselves to behave consistently with their own existing commitments. And as the great poet William Hazlit said, “First impressions [...]
My Business: “Small-business owners may celebrate when a giant retailer like the local Wal-Mart decides to move away. But many small shops may be more dependent on the big box than they realize. How do they cope when the giant leaves town?”
An Inventor’s Chance of Success
Patent Pending: “Sometimes an inventor asks about their chance of success. If they are using an invention promotion company, I would say their chance of success would be better if they bought lottery tickets.” via Rob Hyndman and Russ Krajec.
