News For Entrepreneurs – MARCH 16, 2009

Published by Mike Michalowicz (Google+)

Struggling AOL Lures Google Exec. Tim Armstrong

he News: The Wall Street Journal reports with Tim Armstrong becoming AOL's new chief executive, speculation has intensified that it may split from parent Time Warner Inc. Full report.

Why It Matters: AOL grew on aggressive marketing (remember all the AOL CD's in your mail), but collapsed on crappy customer service.  Can Armstrong get back to the ultimate in marketing -- excellent customer service?

International Space Station Almost Hit By Space Junk

The News: TG Daily reports a 5-inch piece of an old rocket engine recently came within striking distance of the International Space Station (ISS). Full report.

Why It Matters: OK this one is a start, my dear entrepreneur friend, but this is why it matters:  What junk are you leaving around in your business, that is going to come back to haunt you?


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Padlock Company Fighting Pirates

The News: CNN reports on the "stupid simple" padlock innovation invented by Wordlock and its fight to defend from pirates. Full report.

Why It Matters: Patents are expensive.  Defending a patent is "stupid expensive."

Phobias Can Hold Back Entrepreneurs

The News: CNN reports on how a successful entrepreneur is limited because of his fear of flying - aviophobia - is paralyzing him. Full report.

Why It Matters: Success and failure is a mind game.


Compiled by Mike Michalowicz, Author of The Toilet Paper Entrepreneur

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