Don Poffenroth paged through a magazine on a flight several years ago when an article grabbed his attention: Entrepreneurs could use 401(k) savings to start a business without getting hit by taxes and early-withdrawal penalties, according to a story in USA TODAY. He and a partner had drawn up plans for a gin, vodka and […]
Entrepreneurs Turn To 401(k)s To Fund Start-Ups Read More »
Entrepreneur magazine decided to look back at some wacky ideas that went boom and bust in an instant. Are there lessons to be learned? Certainly. Do they help predict if, in the long run, the new ideas will be brilliant or harebrained? Sorry, only time will tell. Another fad that soon fizzled? Meal prep kitchen
Where Are They Now? Dinner Services Read More »
When the daughter of a good friend passed away in 2008, entrepreneur Scott Wilson could have sent flowers, instead he paid tribute in his own way, doing what knows best — making t-shirts. A clothing manufacturer in San Marcos, CA for more than 30 years, Wilson screen-printed a photo of his friend’s daughter on the
T-shirts With A Twist Read More »
Helen Stephens opened Our Fun House in Middlesbrough in 2008 to cater for parties and after-school activities for under-12s as well as offering adventure and educational play for toddlers, reports The Journal. She said: “I can’t deny that it was difficult to start up a business in the recession. A lot of people said we
Fun Never Stops For Fun House Entrepreneur Read More »
A home-based business doesn’t get started in a day. I was able to set up my website quickly, but I didn’t make my first sale until a little more than a month after I launched IWearYourShirt.com. When I first started, I really had no Twitter following, either. But I said to myself that as long
Home Biz Advice: IWearYourShirt.com Read More »
South Florida, home to industry giant Bacardi U.S.A., has become a magnet for upstart brands and U.S. launches of international products, reports The Miami Herald. The region is itself a choice cocktail in which to test-market a new drink — a gateway location, a SoBe chic tourist economy, celebrities galore, a wide range of ethnicities
Entrepreneurs Shake Up Liquor Industry Read More »
With the Justice League of America, some of the world’s most powerful superheroes banded together to fight crime. With the Start Project, some successful Silicon Valley entrepreneurs are banding together to start companies according to Brad Stone in the Bits blog at The New York Times. They’re not wearing costumes, but the idea is basically
The Justice League Of Entrepreneurs Read More »
Anthony Ha has an interesting story over at DigitalBeat about a new site called Blippy based on a pretty provocative idea – it allows users to share all the purchase information from one of their credit cards. Once you buy a movie ticket from Fandango or a cup of coffee from Starbucks, Blippy automatically publishes
Twitter For Your Credit Card Read More »
Ben Varadi is a master of child’s play. The 39-year-old spends most of his days testing, promoting and gabbing about toys, reports the World-Herald News Service. He teamed up with partners Ronnen Harary and Anton Rabie to create the Toronto-based toy company Spin Master. Now the third-largest toy company in North America, Spin Master is
Toy Company Starts From Scratch Read More »
Entrepreneur asked Rob Rohn and Dan Mermelstein, who started selling aftermarket auto accessories from their college dorm room, to share a few of the business insights they wish they’d known when they were just starting out in 2001. 1. Focus. 2. Different is not enough. 3. It’s who you know. 4. Hire smart. 5. Get
5 Things Every Startup Should Know Read More »
