On the MIT Entrepreneurship Center website, there is a great collection of entrepreneurial advice and tips from friends and alumni of the school. My favorite quip comes from Bart Stuck, now the Managing Director of Signal Lake Venture Fund, L.P.: “Make sure the wire transfer happened; anything less than that is non-binding. “
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Nolo: If you want to go into the business of putting naked body parts on display, chances are that you’ll have to deal with local zoning restrictions that govern where adult-oriented businesses may be located. Check with the planning department or other similar office in your city, or in your county if you’re in an
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Jeff Cornwall: “The Kauffman Foundation has released its latest report on entrepreneurship that is part of its Global Entrepreneurship Monitoring project. United States Global Entrepreneurship Monitor 2003 Report, by Maria Minitti and William D. Bygrave, offers more evidence of the robust nature of our entrepreneurial economic recovery. ‘Entrepreneurship in the United States continues to thrive
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Joseph Kowal: “If you’re going into business on the Internet, you MUST automate everything possible – right from the start. Why? I’ll let a little story about my personal experience answer that question… When I first got into the whole online business thing, I had visions of raking in piles of cash while I played
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CNN: You’ve opted to stay home to care for the kids. But you wouldn’t mind making some extra income during those hours between sending your charges off to school and picking them up again. You’re certainly not alone. Women own more than 6 million small businesses and 5 million women with children under 18 worked
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Fortune: “Chemical Bank’s ad campaign announced the start of the revolution in 1969: ‘On Sept. 2, our bank will open at 9:00 and never close again!’ On that day at the Rockville Centre branch at 10 North Village Avenue on Long Island, customers who possessed plastic cards with magnetic stripes no longer had to wait
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Welcome to this week’s edition of the Carnival of the Capitalists. We’ve got a big show for you today: In An Alternative View Of Organizations in the Future, Gautam Ghosh speculates that in the future, organizations won’t organize for the long term. Russel Buckley compares Sun CEO Scott McNealy to Louis XIV of France in
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Jeremy Wright: “Sometimes it’s easy to forget what’s important. Some people will dismiss this essay by my friend Mattias Johansson as trivial, naive and simplistic and it’s likely those people who need to read it the most.” Read Mattias’s essay: Why I love doing business. A reminder to myself why I do what I do.
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Duct Tape Marketing: “One of the greatest opportunities open to the small business owner is duplication. Look, you’re an expert a something right, I mean, people pay you for your knowledge, skill, advice, or ability to listen to and solve their problems.”
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Startup Journal: From an initial investment of $120,000, Ms. Robinson and her partners — though she’s now the sole owner — built an agency that today places about 300 nannies a year and charges a flat fee of $3,500 for its services, along with a $395 application fee (both are paid by the families); the
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