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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