JANUARY 29, 2009 – The News That Matters To (Toilet Paper) Entrepreneurs
Tears Flow As Yet Another Small Business Struggles To Stay Afloat
The News: The Wall Street Journal reports on Summitville Tiles’ gathering on Wednesday morning to layoff 59 employees. The owner asked for volunteers to quit to help cushion the blow for others. 7 left on their own accord. Full report.
Why It Matters: It is a heart wrenching story being played out across the entire globe. Owners and employees, alike, are showing true courage. This company will succeed. Learn from it.
In-N-Out Burger Better Than McDonalds?
The News: The Wall Street Journal reports that consumers rate In-N-Out Burger as a better fast food restaurant than McDonalds. Full report.
Why It Matters: I ate at an In-N-Out Burger on Monday, and yes it tastes better. But I still went to a McDonalds in my rush through the airport last night. You can lead on quality, but you can also lead in convenience or even in price. Both In-N-Out and McDonalds are winning.
Is Your Health (Insurance) Killing Your Business
The News: CNN reports on continually rising health insurance costs that are crushing small business. Full report.
Why It Matters: Read the second half of the article closely. Look for alternative ways to reduce costs.
Google And ISPs Fight Over The Internet Content You Can See
The News: Reuters reports Google unveiled a plan to determine if ISPs are inappropriately blocking or slowing consumer’s online access. Full report.
Why It Matters: Interesting. Freedom of speech being tackled by businesses instead of the government.
Compiled by Mike Michalowicz, Author of The Toilet Paper Entrepreneur
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Tags: 2009, entrepreneur news, January 29, owner news, small business news, The News That Matters To Entrepreneurs, toilet paper entrepreneur
January 29th, 2009
This blog also had the list of top 5 movies. If your employees think that “Office Space” is funny after working at your company, you are doing something wrong.
My wife doesn’t understand that movie and doesn’t think its funny… good for her. I love that movie and I have been there… bad for me. LOL.
February 6th, 2009
On the front page of an issue of Wall Street Journal this week there was an image showing 1000 people in line to apply for 35 jobs at the Miami Fire Department. It is quite sad to see that and puts reality of things into perspective.