News For (Toilet Paper) Entrepreneurs – FEBRUARY 13, 2009

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 Apple's successful move to retailing. Full report.

Why It Matters: Gateway failed and Circuit City is now in bankruptcy.  Watch Microsoft closely to learn from their mistakes and/or successes.

YouTube Charging To Watch Videos

The News: InformationWeek reports YouTube is allowing a select group of partners to offer their videos as paid downloads through Google Checkout.  Full report.

Why It Matters: Advertisers won't pay for content that doesn't get tons of eyeballs.  This is Google's (owner of YouTube) attempt to generate revenue from highly niche videos.

Facebook Lawsuit Details Exposed, Due To Improper PDF Redacting

The News: InformationWeek reports redacted portions of a PDF transcript from a court hearing to determine Facebook's settlement with ConnectU were revealed. . Full report.

Why It Matters: Voyeurs - learn about some confidential details on Facebook.  Entrepreneurs - learn to avoid this mistake.


Tesla Getting It's Own $450M "Bailout"

The News: The Mercury News reports on Tesla Motors' announcement on its long-awaited $450 million loan from the federal government. Full report.

Why It Matters: Can radical innovation by a new start-up change the trend for American auto manufacturers?

Compiled by Mike Michalowicz, Author of The Toilet Paper Entrepreneur

 

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  • Rodney C

    Oh Microsoft, when will you ever learn?

  • http://www.teenentrepreneurblog.com Shonika Proctor, Teen Biz Coach

    Big business or solopreneur…everyone in some respect should consider the franchising of oneself especially if your primary service is your intellectual property.