Advice

Inventors, Pick Your Industry

BusinessWeek: Nothing beats “mailbox money” when it comes to boosting your bottom line. That’s when you license an idea, innovation, or invention to another company in return for a royalty payment. Each quarter, magically, a royalty check shows up in your mailbox with a gross margin of 100%. There has never been a better time

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Biz Trends You Cannot Ignore

USA Today has a list of seven business trends you cannot afford to ignore. Here are just a few: The cloud. Although social media and mobile get more buzz, the great change-maker for small business comes from the cloud. Mobile. The mobile juggernaut continues in 2012, both for running your business and reaching customers. Analytics.

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Advice From The Man Behind DNS

Like many inventors, Paul Mockapetris never expected his little creation, the Internet Domain Name System (DNS), to grow the way it has. VentureBeat has recently shared some of his advice for startups. Do you think his tips are on point? Lesson 1: Simplicity is key Lesson 2: Have a plan you can actually explain Lesson

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Think Like a Consultant

photo credit: Marcin Wichary Today there are many businesses big and small who are in need of some advice and help in several different sectors of their company. Most of these businesses go on to spend money they really don’t have in order to hire a consultant to come in and fix their business. Today

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Improve Your Listening Skills

GetEntrepreneurial.com: In the business world, it pays to listen and know how to ask the right questions. Miscommunication and misunderstanding can lead to problems… unhappy customers, lost sales, excess inventory, misunderstood instructions, shoddy work, and disgruntled employees … all influencing your company’s bottom line. A good listener can build trust, empathy, and understanding by practicing

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