Archive for January 28th, 2009
Inventor Hopes To “Hook-Set” Fishermen With His Updated Version Of The Tip-Up
Anyone who has gone ice fishing will likely recognize a tip-up flag system when they see it. If a fish nibbles, the flag pops up to alert the fisherman and the rest is history. However, the Hook-Set Tip-Up will not only alert someone to a fish bite but it will help set the hook and [...]
Ten Sleep, Wyoming: Internet Hub
photo credit: Birdfreak.com Even though I live in a small town with only a small tourist-based economy, with the internet you’re never too remote to start a business. Ten Sleep, Wyoming, population 350, is just as wired as anywhere else and is home to a new business that is teaching English to South Koreans. Eleutian [...]
photo credit: RedGlow82 The key to success in a small business is to focus on your niche to the exclusion of all else. Too often, small business owners want to ne all things to all people, especially at the beginning when revenue is small and a potential clients asks if you can do something for [...]
photo credit: pasotraspaso When I was a kid, my mother and most of my friend’s mothers worked outside of the home. My wife’s mother, on the other hand was a housewife. In those days, women who stayed home often supplemented the household income by making and selling crafts and tasty treats. Today stay at home [...]
photo credit: SqueakyMarmot There are proper way to cut costs in your business, because believe it or not, certain cuts are worse than no cuts at all. When cutting costs and looking the difficult choice of letting some people go, make sure your making the right choice for the better of the company. Rather then [...]
KSN.com: In just days a new federal law goes into effect, which will virtually shut down the craft industry. The law, aimed at protecting children, requires all items for kids, including those made by local artisans, be tested for lead. The problem is that those tests are expensive and it’s sparked a class action lawsuit [...]
Stay-At-Home Mom Utilizes Free Time To Lead Internet Startup To Record Sales
PR Web: Castle Ink’s CEO, Lauren Elward, is not your typical housewife. A mom by day, teacher by trade, and entrepreneur by night, there’s nothing typical about her. Five years ago Elward, when not creating lesson plans for the high school English classes that she was teaching, started to brainstorm and draw up business plans [...]
Toilet Paper is Not Recession Proof?
photo credit: powerbooktrance There are some things that you just assume are recession proof. Toilet paper seems like something that people just need to continue buying regardless. I mean, it’s not like people are going to use yesterday newspaper, right? Or are they? Advertising Age is reporting that sales of toilet paper are down 5.5% [...]
Inc.: Matt Rutledge launched Woot.com based on a simple concept: The site would sell only one product a day until the inventory ran out or the clock struck midnight, whichever came first. Rutledge saw it as a way to unload overstocked merchandise from his Dallas-based wholesale consumer electronics business. From the start, the site prided [...]
Trading Real Money For Virtual Goods
The Wall Street Journal: In Asia people have been paying real money for virtual goods for years. It is the primary business model for games and Internet companies in China and Korea, far more important that advertising. We’re starting to see similar behavior in the U.S., also led here by online games and social networks. [...]
Entrepreneur Finds Frozen Niche
Bradenton Herald: When Kate Grayson moved to town in the summer of 2004, she didn’t have many people in her career circle with whom to network. The area was flush with Realtors and mortgage brokers feeding on the frenzy of the housing boom. Grayson, on the other hand, was the operator of a cryogenic repository. [...]
5 Trends Affecting Female-Run Bizs
Inc.: 1. Major advances in Technology and Communication. 58% of women CEOs of million dollar companies consider technology as vital to the company’s survival, both as a means of production as well as communication. 2. Importance of Self-branding. Acquiring clients is as much about selling yourself as it is about selling your product. Nowadays, with [...]
SCORE: 1. The first thing to do with a new idea is to get a patent. 2. If my product has not been on the market before, I can patent it. 3. Having a patent stops others from copying or imitating my product. 4. Getting a patent is something I can do quickly, at low [...]
