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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