News For (Toilet Paper) Entrepreneurs – FEBRUARY 27, 2009

Published by Mike Michalowicz (Google+)

Overwhelmed Banks Post First Loss Since 1990

The News: The AP reports the nation's banks lost $26.2 billion in the last three months of 2008, the first quarterly deficit in 18 years. Full report.

Why It Matters: Don't expect to get loans for your business without a fight.

Entrepreneurs Polled On Their Future Prospects

The News: CNN Money polled small business owners to see how they're doing. Full report.

Why It Matters: Check out the second slide, nearly 80% of business owners are confident they are going to survive this economy.

Pooper Police Sniffing Out Dog Turd Owners

The News: CNN reports on a new invention that allows municipalities to find ogs (and their owners) who ignore pooper-scooper rules. Full report.

Why It Matters: Leverage human nature... it is easy to be lazy.  Start a business that does the clean up for them.

3 Year Old Girl Raised By Dogs

The News: Mail Online reports a three-year-old girl has been found being cared for by dogs while her alcoholic mother neglected her. Full report.

Why It Matters: Who will be the first entrepreneur to make this into a movie?


Compiled by Mike Michalowicz, Author of The Toilet Paper Entrepreneur

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Category: Updates
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  • http://www.hispanicslearn.com Patricio Quezada

    Mike you have too much time to be analyzing media articles. I know I hate them. Good post though. I’m going to continue popping in here. Also I’ve tried to contact you. I couldn’t post a review. I need to buy something on Amazon to do that. So if you want you can send me some money and I’ll purchase something and then post a review :) .

  • Mike Michalowicz

    @Patricio – Yes, I do have too much time. Thanks for offering to do an Amazon review… too bad you need to buy something. Maybe you can get your girl a copy of the TPE as a Valentine’s day gift. I hear the chicks go crazy over it.

    - Mike

  • http://valentineteddybear.org/ JOHNNY

    Only A Couple Weeks left Till Valentines! Happy Holidays and thanks for the post!