Posts for February, 2009

Overwhelmed Banks Post First Loss Since 1990 The News: The AP reports the nation’s banks lost $26.2 billion in the last three months of 2008, the first quarterly deficit in 18 years. Full report. Why It Matters: Don’t expect to get loans for your business without a fight. Entrepreneurs Polled On Their Future Prospects The News: CNN Money polled [...]  Read more »

Did you know…The average business never hears from 96% of unhappy customers. For every complaint received there are in fact 26 customers with problems, 6 of which are considered serious. An average customer with a problem tells 9-10 others, 13% tell 20 or more. – Bruce L. Katcher, Ph.D. Good help is hard to find. I [...]  Read more »

Saving California With Pot? The News: CNN Video reports that California is considering legalizing marijuana. Full report. Why It Matters: Holy smokes (pun intended), this could open a whole new industry. Small Business Loans Failure Rate Hits 12% The News: CNN Money reports the Small Business Administration’s loan guarantee program shows a sharp jump in the default rate. Full [...]  Read more »

The Entrepreneur & Author Peter Shankman, Founder of Help A Report Out (also know as HARO) Founded For How Much? In March of 2008, Peter started HARO for less than $1K.  Now it is the biggest service of its kind. By far. The Mission HARO connects journalists with sources, free of charge, every day, via an email newsletter. Favorite Food Pizza! Favorite Quote Fortune [...]  Read more »

A Huge Mirror Blocking The Sun Will Reverse Global Warming? The News: Popular Science reports on quick fix ideas to reversing global warming. Full report. Why It Matters: These ideas might not ever be used to fix global warming, but maybe you can “repackage” these ideas for your business. Flipping The Camcorder Industry The News: Fortune reports since launching [...]  Read more »

Fed Ready To Do Anything & Everything In This Crisis The News: Reuters reports the Federal Reserve stands ready to do everything in its power to combat the financial crisis and recession. Full report. Why It Matters: Prepare yourself for the absolute worst, and then do everything in your power to make it better. Who’s Making The Next [...]  Read more »

Another video by Mike Michalowicz, Author of The Toilet Paper Entrepreneur Did you read the one book that is actually helping entrepreneurs in this economy? Check it out now!. Subscribe to Toilet Paper Entrepreneur Blog! Just click on this, confirm you are a living human, and we’ll email you every time we have a [...]  Read more »

Google Ocean May Have Discovered Atlantis The News: TG Daily reports Google Ocean image of an underwater section of the Atlantic ocean at 31 15′15.53N 24 15′30.53W is drawing wide attention as a possible location of the lost city of Atlantis. Full report. Why It Matters: Google and a million other free internet tools are changing everything.  [...]  Read more »

<a href=”http://www.adimpact.com/” mce_href=”http://www.adimpact.com/”>Adimpact.com</a> How many times have you worried about something today? Five? Ten? Too many times to count? You may not even be conscious of it, and it doesn’t have to involve pacing or wringing of hands. Worrying can be a freak out, but it can also be a series of “what if” thoughts [...]  Read more »

New Accounting Law Will Let You Apply 2008 Losses Up To 5 Years In The Past The News: CNN Money reports that new stimulus law will For the 2008 tax year, the bill extends the carryback provision to five years. Full report. Why It Matters: Make sure your accountant is aware of all the changing tax law, [...]  Read more »

The Entrepreneur & Author Barry Moltz, Author of Bounce! The TPE Mission To inspire, motivate and consult business professionals and entrepreneurs. The Book Bounce! The guide to building resiliency and confidence to achieve your next great success. Favorite Quote Love everyone, trust a few and paddle your own canoe. Biggest Complaint Bad customer service and bailouts for large corporations. Sleeping When my wife turns out the [...]  Read more »

More Frauds, More Billions Lost The News: Forbes reports that the SEC says a Texas banker swindled billions selling CDs with improbable interest rates.. Full report. Why It Matters: Madoff, now these (alleged) crooks, there is more for sure.  There is big business in investigations. Berkshire Hathaway Loses $18 Billion In Holdings Value The News: CNN Money reports the [...]  Read more »

<a href=”http://www.adimpact.com/” mce_href=”http://www.adimpact.com/”>Adimpact.com</a> I was recently asked, “What would you tell a 1st time entrepreneur was the most important thing they could do to help them when starting out?” I am not trying to be a dick, but my answer is deceptively easy! The only thing to do is to work on yourself! Entrepreneurs are pioneers, [...]  Read more »

Apple Not Interested In Universal Phone Charger The News: AppleInsider reports although several iPhone partners joined an industry initiative to standardize mobile phone chargers, Apple may remain committed to its proprietary dock-connector interface. Full report. Why It Matters: An eternal entrepreneurial debate has been proprietary vs. open-source.  Watch this one play out. Michael Phelps Future Destroyed By Pot? The [...]  Read more »

And don’t forget to check out Cup Cake Kids! Another video by Mike Michalowicz, Author of The Toilet Paper Entrepreneur Did you read the one book that is actually helping entrepreneurs in this economy? Check it out now!.   Subscribe to Toilet Paper Entrepreneur Blog! Just click on this, confirm you are a living human, and we’ll [...]  Read more »

Small Startup Cashes In With iPhone Application The News: CNN Money reports Ocarina, billed as the first musical instrument for the iPhone, made “hundreds of thousands of dollars” in its first month per its founder Ge Wang. Full report. Why It Matters: If an iPhone flute can make hundreds of thousands, what could a iPhone drum set [...]  Read more »

Albuquerque, NM The Hotel: Sheraton Albuquerque Uptown Hotel The Location: 2600 Louisiana Boulevard NE, Albuquerque, NM 87110 Why It’s The Best: Newly re-imagined the hotel has over 17,000 sq. ft. of meeting space with wireless Internet access.  In addition, the Sheraton Albuquerque Uptown has introduced the Link @ Sheraton which provides complimentary computers, printers and high-speed Internet [...]  Read more »

Hotel Rooms For $1.50 A Night The News: CNN Video reports on hotels that are offering rooms for a $1.50 a night. Full report. Why It Matters: 20% of people who got the deal, extended their stay (at normal rates).  But there is a big bonus – the PR is overwhelming…. I mean, even you are reading [...]  Read more »

When is the last time you whipped up a batch of Kentucky Fried Chicken at home? Not the time you tried and nearly burned the kitchen down, the time you actually replicated the Colonel’s sacred original recipe? What’s that? You never quite pulled it off? How could you? You didn’t have the recipe. We all know the ingredients of the big food brands – read the label, smarty. But we don’t know the recipe.  Read more »

To Franchise Your Business Or Not The News: CNN reports on the consideration of franchising your successful business. Full report. Why It Matters: Regardless if you franchise or not, a scalable business needs to follow a franchise model.  Systems, systems, systems. Microsoft To Open Stores The News: Reuters reports Microsoft is scheduled to open branded stores to compete with [...]  Read more »

Photo Credit: Kristina B Did you know that one in three Americans now read a blog at least once a month, and blog readership as a whole increased 50% over the past year? Not only are there a lot of people out there reading blogs, they are taking action based on what they are reading. 50% [...]  Read more »

Coca-Cola Expecting Soda Sales To Increase In Russia The News: Reuters UK reports Coca-Cola stated it will invest $1.2 billion in Russia in the next 3 to 5 years, based upon expectations of increased carbonated drink sales during the economic crisis. Full report. Why It Matters: You don’t need to spend your money doing research on international [...]  Read more »

It’s not rocket science: Big challenges lead to big accomplishments; the bigger the challenge, the bigger the benefit. You know the drill. You don’t have to be reminded to think big – you hear it every day on Oprah. So…what’s the hold up? What’s stopping you from going for the pie in the sky?  Read more »

Recession Playbook For Entrepreneurs The News: CNN reports on one entrepreneur’s playbook of navigating the down economy, he has been through quite a few. Full report. Why It Matters: interesting read with lessons learned. House & Senate Disagree On How To Fix Small Biz The News: CNN Money reports on the House stimulus plan focused on increasing loan guarantees [...]  Read more »

The Entrepreneur Federico Calce, Founder of Federico Hair Salon Launched August 1990 The TPE Mission To bring out every woman’s inner beauty The Education Boccone College in Milano where I majored in architecture Favorite Food I’m Italian so, of course, it’s Italian pasta On The Job Challenge My hardest job is either working on a film set or during Fashion Week working with designers and models.  [...]  Read more »