Archive for 'Small Business' Category
Weird Business Ideas That Actually Made Money
28 September 2006There’s a neat blog I just ran across called Uncommon Business. It’s really just a collection of news stories about people who started strange businesses and ended up having them work. It’s fun to browse through, and maybe you’ll find an idea or two of your own (or reassure yourself that the Combined Robot Nose [...]
How old should you be before you start your own business?
4 September 2006Businesspundit has a great post about the pros and cons of striking out on your own as either a young person or an older one. There are upsides and downsides to both, and he does a very good job both identifying these factors and going through some research data to see what kind of person [...]
The Internet - Magnifying the Old Rule That One Unhappy Customer Tells Ten People
13 August 2006Getting Out of Debt has posted about a bad customer experience at Blockbuster Video over at her blog. Basically, they lost a DVD in the store and claimed she’d never returned it. They took her card, cut it up, and then when they’d found the DVD again they refused to issue a new one without [...]
Using E-Bay to Supplement Your Business
4 August 2006CNN has a new article out on how to become a “PowerSeller” in E-bay - a designation for those who sell large volumes of merchandise and have generally satisfied customers. There are some good tips both for amatuers and for people trying to make a business out of it. The better ones:
1) Personalize your auctions [...]
Farrah Gray: Inspirational Story of a Millionaire at Age 14
4 August 2006This story is inspirational in a couple of ways: a guy became a millionaire, at age 14, while living in the projects of Chicago. He’s an adult now, and still a successful businessman who has made even more money with his business ventures. ABC News did a profile of him here.
It sounds like he went [...]
The Future of Small Business: Find a Niche
25 July 2006Anyone who is contemplating starting a small business ought to take a look at two books: The Long Tail by Chris Anderson and An Army of Davids by Glenn Reynolds, the Instapundit.
The two books both deal generally with the idea that the future of business will involve a lot more small businesses than we have today, [...]
Becoming a Chicken Entrepreneur
24 July 2006CNN Money has an article suggesting that it might be a better idea for prospective small business owners to start out while keeping their day jobs:
Over 50 percent of small businesses fail in the first year and 95 percent fail within the first five years, according to the Small Business Association. So it may be [...]
The Key to Small Business Success: Failure
15 July 2006One of the most oft-lamented facts of life about starting your own business is that the vast majority of them fail. A study described here in Business Week looked at traditional, brick-and-morter businesses over a 30 year period and found that nearly two-thirds failed within ten years of their founding. The rate is probably even [...]