An entrepreneur may have the best product in the world, but if he or she doesn’t accept credit cards, it can be a problem. That’s something St. Louis glass artist Jim McKelvey learned the hard way, and it’s also why he was inspired to create [...]
When Bill Gates’s children become adults, they’ll probably launch their own businesses.
And not just because of their father’s example. Entrepreneurial tendencies — including the ability to recognize business opportunities — are heavily influenced by genetic factors, according to a study co-directed by Scott Shane, a [...]
Renting a video from Redbox has always been cheap. The video rental company with the now ubiquitous red kiosks in supermarkets and other retailers charges $1 to pick up a disc, as long as you return it on time. But now one clever entrepreneur has figured out [...]
There’s a reason that some many motivated and talented entrepreneurs are attracted to food franchises. They’re some of the most visible and popular businesses in the world, dealing with broad swathes of the population in an easy-going and affordable way. They’re so popular, in fact, that convenience store franchises are [...]
The Kauffman foundation for entrepreneurship released a report titled “The Anatomy of an Entrepreneur”. It’s based on a survey of 549 company founders across a variety of industries, reports OnStartUps.com.
1. The average and median age of company founders when they started their current companies was 40.
2. [...]
Entrepreneur’s Journal reports that with the recession, the federal government implemented a variety of tax-saving programs to spur business.
But as should be expected, there are limits. Might some of the tax-breaks go away next year?
Net Operating Losses (NOLs): Typically, you can carry back NOLs two [...]
People are looking for new ways to make money for the family. Woman’s Day has a list of ways that some entrepreneurs have found to put a few extra dollars in their pockets, ranging from the ingenious to the downright weird.
Professional Christmas Tree-Light Installer
If you [...]
As a child, Jainarain Kissoon was constantly surrounded by the issue of divorce–just not in the conventional sense, reports Entrepreneur.
His mother was a divorce attorney, so the topic came up often. Still, it wasn’t until his mother’s cousin suffered through a painful divorce that something [...]
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 [...]
According to a story in Entrepreneur, Damian Cox spent most of his adult life working in hospitality and in his financial planning practice.
It wasn’t until a local distributor showed him an innovative new product that he started thinking about switching gears. The product, a small [...]
You’ve got a great idea and a plan to turn it into a business, writes Entrepreneur StartUps.
Now all you need are customers–and to get them, you need to spread the word about what you’re doing.
One problem: Your marketing budget makes your grade school allowance [...]
The Small Business and Entrepreneurship Council out of Oakton,Virginia has just released it's latest rankings report on your state-and how small business friendly it really is.
From their website;
The “Small Business Survival Index” is the most comprehensive measure of which states are truly friendly to small' [...]
Bonuses, parties, and gifts for clients are the hallmark of the holiday season. But small businesses that can’t afford the usual perks are getting creative instead, reports The Wall Street Journal.
According to American Express OPEN’s survey of 500 entrepreneurs, only 31 percent are giving year-end [...]
Sheryl Matthys was born to be in the spotlight. Entreprenuer reports that after graduating from Butler University, she worked for several TV and radio stations before moving to New York City to work on industrial videos as a commercial actress.
But it wasn’t until 2001, when [...]
When the world’s largest fragrance company showed Halle Berry a prototype bottle for her debut perfume, Berry said no. The simple rectangular design failed to convey her personality., reports Forbes.
She suggested an imprint of waves on the back of the bottle–to express a connection to nature–and [...]
Adults playing sports is nothing new, but sports leagues are the latest phenomenon, as they continue to expand in cities nationwide, reports Entrepreneur.
A 2004 report from the National Intramural-Recreational Sports Association found 75 percent of all college students participate in campus recreational sports. Fast forward to [...]
Suzanne Plafcan couldn’t find real-estate space for her Clix Portrait Studio franchise right away, reports Entrepreneur.
So instead of waiting, she opened just the event-photography side of the business in March 2008. “It turned out to be the best thing I could have ever done,” she says. [...]
Kimberly Aya’s career choice was an easy one. When she was just 8 years old, she started designing cakes for her chocolate-loving father–and she hasn’t stopped since, according to a story in Entrepreneur magazine.
So her first order of business upon returning home to Michigan was [...]
Small business success is a challenging endeavor, but you are not alone.
For every entrepreneur out there, there are hundreds of small business counselors out there in most big population areas offering advice and insight how to get your business of the ground.
Harmony Kaiser has a salon, but has been spending her days off driving to a lab in Beaver County and making deliveries to retailers, reports The Pittsburgh Post-Gazette.
Kaiser is ignoring the economic downturn and pouring her extra funds and time into launching new businesses on [...]
Like many great mom entrepreneurs before her, Michelle Brandriss’ business began out of frustration. She was looking for a customizable kids label that would fit her specific needs and found herself unsatisfied with the options available. Instead of settling for something that didn’t quite fit what she [...]
San Diego Business Journal Online:
Carlsbad housewife-turned-entrepreneur Stacey Ross has taken the informality of a neighborhood mothers group to the Internet to build a thriving new business.
Her enterprise, sandiegobargainmama.com, offers up a plethora of local bargains, discounts and handy tips, all targeting the market for nonworking [...]
Toronto-based Sprouter is an online community that allows small business owners and entrepreneurs to share links, ask questions and share expertise with their peers, reports trendspotter Springwise.
Whereas most social networks focus on connecting users with people they already know, the premise behind Sprouter is [...]
As any entrepreneur who’s spent some time trying to understand the venture capital universe will tell you, VCs typically invest locally, reports Fast Company.
The logic goes like this: Having startups to invest in nearby makes it easier for both parties to interact, get guidance, brainstorm, [...]
In a study just released, and brought to my attention via M Booth And Associates in New York City, there is clear evidence of the impact of this recession on the world entrepreneur community.
The Organisation for Economic Co-operation and Development (OECD) wrote that;"Our
Back in late May, Franchise Direct launched its sixth international franchise portal, Franchise Direct Canada. A few months in and we’re delighted to be playing a role in matching Canadian entrepreneurs with top business opportunities.
There is no questioning the value of the Canadian franchise market. As we found through [...]
Entrepreneurs are forever learning from their own mistakes, so once in a while it’s nice to learn from someone else’s for a change.
Tech entrepreneur Neil Patel shares the story of his million-dollar mistake made while pursuing a web-hosting start-up.
Patel lists a number of things that [...]
