• Entrepreneurship: Will You Sink or Swim?
    Jan 13, 2020
    The intense interest today in starting your own business is reminiscent of the early dot-com days, when everyone thought they would spend a few dollars, quickly build a website, and wait for the bucks to start rolling in. Everyone of a certain age knows how well that worked out for most of those would-be entrepreneurs, but many young people haven’t taken the lessons of those frothy times to...
  • How Great Entrepreneurs Got Started
    Jan 06, 2020
    Nearly 20 years ago, after speaking at a conference in beautiful Pebble Beach, Calif., I happened to catch the keynote by a little-known entrepreneur from Japan, Masayoshi Son. I was struck by Son's bold vision for his young company, a software distributor named Softbank. Although Softbank - which had recently acquired the personal computer industry's biggest trade show (Comdex) and...
  • The Power of Mornings: Why Successful Entrepreneurs Get up Early
    Jan 02, 2020
    When running a business, it may seem like there are never enough hours in the day. Tapping into the power of mornings, a time of day when there are less demands, might be the key to increasing your productivity. For 15 years, Starbucks President Michelle Gaas has set her alarm for 4:30 a.m. to go running. Gretchen Ruben, popular author of The Happiness Project (Harper Perennial, 2011)...
  • 5 questions to ask before you quit and start a business
    Dec 17, 2019
    I've been in the agency world for over 23 years and over that time met countless executives, tired of the daily agency/client grind and dance, who've asked me if they should start their own agency. So far I've started two agencies (Shout and Daylight Partnership) and invested in a few businesses, so that makes me a serial entrepreneur I suppose. (But honestly, I don't know much.) So instead of...
  • What to Tell Employees During an Ownership Transition
    Dec 12, 2019
    Ownership transitions can be tricky. Don't exclude the backbone of the business--your employees. Once they've decided to sell, most good business owners' next thoughts focus on the impact of this decision on their employees and their welfare. After all, it's more than a simple business transaction they're making; an ownership transition has the ability to radically change an employee's...
  • How Alibaba Went From a Band of Thieves to a Huge E-Commerce Company
    Dec 11, 2019
    As Alibaba hurtles towards its history-in-the-making IPO, it's time to peel back the curtain and take a look at how the e-commerce company got its name. How do you name a global conglomerate? Internet entrepreneur Jack Ma was in a San Francisco coffee shop one day when he pulled his waitress over to ask what she knewabout Ali Baba. "Open Sesame," she responded. Encouraged, Ma took to the...
    Dec 04, 2019
    BONUSES AND PERKS MIGHT MAKE PEOPLE HAPPIER IN THE SHORT TERM, BUT THEY DON'T SOLVE THE UNDERLYING PROBLEM. HERE'S WHAT DOES. You know the saying "Money can’t buy happiness." You get it. But startup founders and CEOs still don’t seem to understand. When CEOs find out that their employees are unhappy, they throw money at the problem: They buy better furniture and give away fat bonuses....
  • Advantages and Disadvantages of Partnerships
    Dec 02, 2019
    There are a number of advantages to having a partnership. Some of these include: Partnerships are easy to establish. They can be established informally through the conduct of partners or formally by having the proposed partners enter into a partnership agreement. A partnership agreement will regulate the business of the partnership and the relationship between the partners including the...
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