Archive for December, 2008

Entrepreneurial at any age

Wednesday, December 31st, 2008

The Toilet Paper Entrepreneur has a truly inspiring post featuring the stories of five entrepreneurs, who started their careers late in life and kept going well into their “golden years.”

The secret of success

Monday, December 29th, 2008

After having interviewed over 500 people, such as architect Frank Gehry and media mogul Rupert Murdoch, Richard St. John reveals what leads to success — in 3 minutes and 8 words.

Who are the innovators of 2008?

Friday, December 26th, 2008

The Economist recently bestowed its annual Innovation Awards. 2008’s honorees, among others, are: Wikipedia’s Jimmy Wales, Bill and Melinda Gates for their philanthropic work, and YouTube’s Steve Chen and Chad Hurley.

Best business blogs in 2008

Wednesday, December 24th, 2008

Business Pundit has compiled a list of 2008’s best business blogs. The winning blogs cover, among other fields, entrepreneurship, economics, franchising, IT and technology, marketing, advertising, and leadership.

Lessons from the Madoff and Blagojevich scandals

Monday, December 22nd, 2008

On the recent political and economic scandals: At Ideoblog Larry Ribstein discusses why the SEC did not catch onto Bernie Madoff’s investment fraud scheme. And Tom Kirkendall at Houston’s Clear Thinkers ponders the responsibility of the investors who were defrauded. Finally, Risky Business‘s Matt Bandyk explains why neither Madoff nor Illinois Governor Rod Blagojevich, who is accused of attempting to sell the senate seat left vacant after Senator Obama’s presidential election victory, are “entrepreneurs.”

Which U.S. states have the best policy environment for entrepreneurship?

Friday, December 19th, 2008

The Small Business & Entrepreneurship Council released its annual Small Business Survival Index for 2008 (PDF). The index ranks states’ policy environment with respect to entrepreneurship. This year the top five states with the friendliest policy environment are: South Dakota, Nevada, Wyoming, Florida and Washington.

Meanwhile, a Forbes article discusses how states’ licensing regulations can stifle entrepreneurship and competition by erecting barriers to entry in various professions.

What states are best adapted to the New Economy?

Wednesday, December 17th, 2008

The 2008 State New Economy Index, a project of the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation, ranks Massachusetts, Washington, Maryland, Delaware and New Jersey highest in terms of their ability to “effectively compete nationally and globally.” The index evaluates states based on indicators in five categories: knowledge jobs, globalization, economic dynamism, transformation to a digital economy, and technological innovation capacity.

What is the best digital state?

Monday, December 15th, 2008

The 2008 Digital State Survey, which is conducted every two years by the Center for Digital Government, ranks Utah at the top of states delivering government services electronically. As a Utah resident, you can go online to, for instance, renew your drivers’ license, purchase fishing and hunting licenses, order birth, marriage, divorce and death certificates, submit an adoption or foster parent application, or renew your business registration. Rounding out the top five digital states are Michigan, Virginia, Arizona and California.

The survey also found that “[m]ore than a quarter of states created wikis for sharing collaborative information. Ninety percent of states use really simple syndication (RSS) feeds to broadcast information to interested users and 72 percent use podcasts within executive branch agencies. Half of the states use text messaging, 46 percent use mash-ups and 44 percent use blogs.”

The FDA Globalization Act’s effect on small business

Friday, December 12th, 2008

The Atlasphere features an interview with entrepreneur Kimberly Wingfield, whose web-based business Serpentine Hair sells sulfate-free hair care products. Ms. Wingfield discusses the effect the FDA Globalization Act of 2008 would have on smaller companies like hers.

How money reflects value

Wednesday, December 10th, 2008

At Small Business Trends, John Jantsch has an insightful post about how negative perceptions about money can affect a business negatively. Feeling uneasy about wanting to make money can “wreak havoc on the ability for a business to grow and prosper…. [Y]our pricing and the way you communicate how you expect to conduct professional relationships speaks volumes about value.”