JANUARY 22, 2009 – The News That Matters To (Toilet Paper) Entrepreneurs

A 'Nuclear Bomb' Dropped On Twitter

The News: BNet reports on the international embarrassment that came out of a Twitter comment.  A lesson in how to lose a major client. Full report.

Why It Matters: The world is watching what you say, so speak wisely.  By the way, I learned about this article through Twitter.

Mickey D's Getting A Fat Wallet, In Lean Times

The News: Time reports McDonald's is experiencing tremendous growth, as the entire restaurant industry is dying.  Full report.

Why It Matters: It is cheaper to make your own hamburger, but it isn't nearly as convenient.  Provide amazing convenience backed with competitive pricing, and you may become the McDonald's of your industry.

Make Millions Creating YouTube Video's (For Other People)

The News: Fortune SB reports that a rapidly growing business sector is web video.  Businesses that make YouTube 'infomercials' for other businesses are cashing in.  Full report.

Why It Matters: I have this one mostly figured out.  How about you?

Free Pornography, All You Can Consume... FREE!!!

The News: Reuters UK reports that the U.S. Supreme Court stated restrictions on Internet pornography is a violation of free-speech rights.  Full report.

Why It Matters: Sex sells.  Think about it... you are probably reading this because of the title (I had you at "free porn").

No Recession In The Virtual World

The News: San Francisco Business Times reports Second Life creator Linden Lab acquired two retailers that sell products in his virtual world.  Full report.

Why It Matters: Can you turn your business into a virtual retailer?  There is real money to be made, truly virtually.

Compiled by Mike Michalowicz, Author of The Toilet Paper Entrepreneur

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Category: Updates
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