Tuesday, July 22, 2014
Top Entrepreneur News

Mon, 21 Jul 2014 23:00:00 -0500

Shun haphazard management, break the inertia of old habits and set up the dynamics for success.

Mon, 21 Jul 2014 22:30:00 -0500

A CEO who can't turn off that business persona for the nonwork parts of life may encounter a bountiful set of serious problems.

Mon, 21 Jul 2014 22:00:00 -0500

That feeling of being unfettered on the Internet is an illusion but some basic legal documents will make it virtually real.

Mon, 21 Jul 2014 21:30:00 -0500

Those college kids running errands, unburdened by your senior staff's decades of experience, can’t help but have a fresh perspective.

Mon, 21 Jul 2014 21:00:00 -0500

The impulse may be to rush to market, but taking the time to understand your potential customers will go a long way.

Mon, 21 Jul 2014 20:30:00 -0500

Zero hour contracts, already common in UK and Europe, are likely to catch on in the US.

Mon, 21 Jul 2014 20:30:00 -0500

It's a vulgar, panicky and needy habit.

Mon, 21 Jul 2014 20:19:00 -0500

Hasbro and the online marketplace Shapeways said their team-up marks the first time that a major global company has opened up its intellectual property for fan-made products.

Mon, 21 Jul 2014 20:00:00 -0500

Here are five must-read books that show what entrepreneurial success really takes, and how we can apply the principles of the best to our business.

Mon, 21 Jul 2014 19:30:00 -0500

Sharpen your game as customers are becoming more knowledgeable and higher-quality goods are being sold online.

Mon, 21 Jul 2014 19:00:00 -0500

Big Data offers tantalizing opportunities that can be seized with the right tools and culture.

Mon, 21 Jul 2014 18:30:00 -0500

The stamina and values of veterans are major assets for every employer. Helping them make the transition from military life to civilian employment is the right thing to do.

Mon, 21 Jul 2014 18:28:00 -0500

Your pooch may finally be able to contribute to household expenses if it snags this highly paw-veted position.

Mon, 21 Jul 2014 18:00:00 -0500

The unblinking vigilance required to protect data systems is creating opportunity for job seekers and entrepreneurs.

Mon, 21 Jul 2014 16:36:00 -0500

A supplier to the fast-food chains in China has been accused of using expired meat and allowing unhygienic practices.

Mon, 21 Jul 2014 16:30:00 -0500

The difference between success and failure often comes down to these actions.

Mon, 21 Jul 2014 16:23:00 -0500

After taking a leap of faith 22 years ago, Susan and Dan Manwaring have opened 14 Batteries Plus Bulbs stores.

Mon, 21 Jul 2014 16:19:00 -0500

Speaking at a business conference in Paraguay, Mexican telecommunications billionaire Carlos Slim called for a 'radical overhaul' of the traditional workweek paradigm.

Mon, 21 Jul 2014 16:11:00 -0500

Turns out, America's airline companies have the world's most uncomfortable seats. Yay.

Mon, 21 Jul 2014 16:00:00 -0500

A worker group is filing charges against franchisees and McDonald's as a joint employer, setting a precedent that could have broad ripple effects.

Mon, 21 Jul 2014 16:00:00 -0500

A strong equity position supports the notion that the owner is likely to protect the investment and repay borrowed funds.

Mon, 21 Jul 2014 15:43:00 -0500

The NBA star has partnered with former NBC executive Stuart Goldfab to create M7 Tech Partners, a venture capital firm that will invest in early-stage startups.

Mon, 21 Jul 2014 15:35:00 -0500

The Ritot team set out to raise $50,000 through crowdfunding and has earned it almost eight times over.

Mon, 21 Jul 2014 15:30:00 -0500

It’s important not to overlook the power of small steps and single interactions that can solidify and share your brand with others.

Mon, 21 Jul 2014 15:00:00 -0500

Whether you run a small company or a large corporation, changing a culture should be done with care, or risk an implosion.

Mon, 21 Jul 2014 15:00:00 -0500

Get a thriving company off the ground with this plan.

Mon, 21 Jul 2014 14:30:00 -0500

If you've launched and are running your own business, give yourself a pat on the back with this affirming list.

Mon, 21 Jul 2014 14:00:00 -0500

It can be tough selling a whole new concept, so consider following the lead of another company and making improvements.

Mon, 21 Jul 2014 13:30:00 -0500

New tech solutions enable companies to launch campaigns on their own portal when raising money.

Mon, 21 Jul 2014 13:15:00 -0500

Even the cryptocurrency's biggest boosters admit it is probably too early to be useful to the mainstream.

Mon, 21 Jul 2014 13:00:00 -0500

Target's recent decision to ban guns along with other brands, such as Starbucks, Chili's and Sonic, brings with it impassioned reactions from both sides of the issue.

Mon, 21 Jul 2014 13:00:00 -0500

New Orleans-based meal-experience company Dinner Lab depends on participants giving their honest feedback on every course.

Mon, 21 Jul 2014 12:30:00 -0500

There's only so much you can control, but it's how you act that usually determines your circumstances.

Mon, 21 Jul 2014 12:22:00 -0500

There is nothing "fun" about fundraising. I am going through it now...

Mon, 21 Jul 2014 12:00:00 -0500

Why are you feeling so sleep deprived? Here are some practical tips for mastering your sleep and having more energy.

Mon, 21 Jul 2014 11:00:00 -0500

Want to get advice from an industry leader? Here's how to do it the right way.

Sun, 20 Jul 2014 20:00:00 -0500

Entrepreneurs are busy folks. Doing these workouts outside the gym can help keep you on a fitness track.

Sun, 20 Jul 2014 18:00:00 -0500

Lessons from the master of horror can apply to startups, too.

Sun, 20 Jul 2014 18:00:00 -0500

A look at what you should do with your 401(k) if you are unemployed.

Sat, 19 Jul 2014 20:00:00 -0500

Weedmaps is establishing itself as the go-to portal for a new market.

Sat, 19 Jul 2014 16:00:00 -0500

Success in the gym, as with most things in life, comes down to mastering the basics.

Sat, 19 Jul 2014 14:00:00 -0500

Professors doing original research and entrepreneurs looking for the next great innovation have much in common.

Fri, 18 Jul 2014 23:00:00 -0500

Training can ensue in a variety of settings short of the college campus.

Fri, 18 Jul 2014 22:30:00 -0500

Millennials can be a fickle bunch. Here are three strategies you need to be using to market your content to this demographic.

Fri, 18 Jul 2014 22:00:00 -0500

With the Internet full of websites, it is hard to get people to find your business and engage with it. Here are five tips on how to make your website copy come alive.

Fri, 18 Jul 2014 21:30:00 -0500

Whether you've yet to build an online presence or it is lacking, follow this guide and start gaining customers.

Fri, 18 Jul 2014 21:00:00 -0500

With a Facebook business site, a little elbow grease and guts, it's possible to launch a business. Don't wait for perfection.

Fri, 18 Jul 2014 20:30:00 -0500

Money is helpful when you launch your company but hustle and lots of work can get you rolling.

Fri, 18 Jul 2014 20:00:00 -0500

Uber, Airbnb and TaskRabbit are growing in popularity and should continue to rise. Now's the time to look at your business and see if you can follow those companies' paths.

Fri, 18 Jul 2014 19:00:00 -0500

The buck shouldn't always stop with the CEO but, when it does, there are practical ways to come to the best decision.

Fri, 18 Jul 2014 18:35:00 -0500

The crowdfunding platform got organized and made its lunchtime team-building routine into a few lines of computer code.

Fri, 18 Jul 2014 18:30:00 -0500

Hold fast when the naysayers unleash a barrage of discouragement. It makes it even better when you succeed.

Fri, 18 Jul 2014 18:03:00 -0500

One of the world's largest couriers has been accused of conspiring to deliver prescription drugs on behalf of illegal Internet pharmacies.

Fri, 18 Jul 2014 18:00:00 -0500

Some of the companies that are expected to falter next year are headed by entrepreneurs you're very familiar with.

Fri, 18 Jul 2014 18:00:00 -0500

Hip startup employees have been known to enjoy digital entertainment at work, but does it actually have a positive effect on employees?

Fri, 18 Jul 2014 17:30:00 -0500

Follow these nine steps to get a fair deal that both parties are comfortable with.

Fri, 18 Jul 2014 17:00:00 -0500

Weary travelers should ward off the impulse to retreat to their hotel room. Instead descend on the lucrative business nexus.

Fri, 18 Jul 2014 17:00:00 -0500

Productivity expert Jason Womack explains why every startup should communicate its email protocol to employees.

Fri, 18 Jul 2014 16:30:00 -0500

Physical or emotional harassment persists when no one speaks up or sets boundaries.

Fri, 18 Jul 2014 16:13:00 -0500

Businesses owned by women are booming in the South. Check out this infographic to see how your state matches up.

Fri, 18 Jul 2014 15:52:00 -0500

This European country has reigned supreme as the most innovative in the world for the past four years, according to a new report.

Fri, 18 Jul 2014 15:36:00 -0500

The line between social network and ecommerce platform is looking increasingly blurred.

Fri, 18 Jul 2014 15:30:00 -0500

Often, entrepreneurs and executives really don't disconnect when they take vacations – a habit that can make a so-called relaxing time stressful

Fri, 18 Jul 2014 15:00:00 -0500

While every leadership style is different, every boss should steer clear of these negative traits.

Fri, 18 Jul 2014 14:30:00 -0500

Customers are skeptical of the marketing they don't ignore entirely but people trust their own experience. Make if friendly and they love your brand.

Fri, 18 Jul 2014 14:00:00 -0500

In today’s hyper-smart and sensitive culture, “brand” is bigger, and more valuable, than ever.

Fri, 18 Jul 2014 13:30:00 -0500

Why did Apple really acquire the Dr. Dre-led company, which audiophiles argue develops inferior products?

Fri, 18 Jul 2014 13:00:00 -0500

Your venture doesn't have to take over your life. Follow this list and have the time to do the things you want.

Fri, 18 Jul 2014 12:30:00 -0500

And you thought plain black was the darkest color known to man. Blink again.

Fri, 18 Jul 2014 12:00:00 -0500

Before setting out on your next business venture, do a personal inventory of yourself to see where you stand.

Fri, 18 Jul 2014 11:30:00 -0500

Never fall into the trap of believing this is easy way to avoid paying taxes or taking personal responsibility for your actions.

Fri, 18 Jul 2014 11:00:00 -0500

Entrepreneurs' drive to be on the edge of innovation is leading to a new market for super-food slurries that aim to revolutionize eating as we know it.

Thu, 17 Jul 2014 22:00:00 -0500

Your business growth could be restricted by some familiar trains of thought.

Thu, 17 Jul 2014 21:30:00 -0500

These apps can aid the tedious and onerous task of getting venture capitalists to budge and fund your company's budget.

Thu, 17 Jul 2014 21:00:00 -0500

Top-notch customer service doesn't need to be costly. Here are three ways new ventures can provide amazing service without breaking the bank.

Thu, 17 Jul 2014 20:30:00 -0500

Various definitions of the word needlessly complicates what should be a simple mandate and increases pressure in the workplace.

Thu, 17 Jul 2014 20:07:00 -0500

The decision creates a new crime of 'being too highly ranked' on a search engine, the blogger says.

Thu, 17 Jul 2014 20:00:00 -0500

Develop a winning web strategy with these six suggestions that should pull in more customers.

Thu, 17 Jul 2014 19:44:00 -0500

The $5 billion photo-pinning site just rolled out 'Interests,' a new way to find and follow pins you dig.

Thu, 17 Jul 2014 19:30:00 -0500

Don't spend so much time preparing for love, or launching a business, dive in and gain the experience.

Thu, 17 Jul 2014 19:00:00 -0500

Only one person will get the job but make sure every candidate has good things to say about how you treated them.

Thu, 17 Jul 2014 18:30:00 -0500

Be your company's ambassador by sharing posts that will encourage your followers' engagement.

Thu, 17 Jul 2014 18:00:00 -0500

If everyone had fast, accurate access to the marketed lease rate and square footage information, would efficiency rise?

Thu, 17 Jul 2014 17:30:00 -0500

Here's how to avert communication breakdowns when tech folks must build a new app or gadget to the specs of those who don't code.

Thu, 17 Jul 2014 17:18:00 -0500

If you are looking to build engagement with customers, email addresses are gold.

Thu, 17 Jul 2014 17:15:00 -0500

Introductions are vital to good networking. Here are 7 ways to not screw it up.

Thu, 17 Jul 2014 17:10:00 -0500

Amid some iffy publicity and legal issues, accommodation-rental start up startup Airbnb rolls out a rebrand and receives a less than stellar response.

Thu, 17 Jul 2014 17:00:00 -0500

Advice on developing a culture and strategy that breeds revenue from the chief revenue officer of Hubspot, which pulled in $77 million last year.

Thu, 17 Jul 2014 16:30:00 -0500

For startups, patent trolls can be a major headache. Make sure you remain abreast of patent risk to avoid litigation with trolls.

Thu, 17 Jul 2014 16:12:00 -0500

The service, which will offer 600,000 titles and thousands of audiobooks for a monthly fee of $9.99, takes aim at book subscription forerunners Oyster and Scribd.

Thu, 17 Jul 2014 16:00:00 -0500

How to temper a co-worker who smashes everyone's ideas.

Thu, 17 Jul 2014 15:42:00 -0500

The accommodation-rental site relaunched its website and rolled out a new logo. The logo, in particular, has been met with some pretty vitriolic feedback.

Thu, 17 Jul 2014 15:30:00 -0500

The founder of skincare line S.W. Basics discusses how she has to sacrifice clients in order to gain others and how to deal with it.

Thu, 17 Jul 2014 15:12:00 -0500

Sales at KFC and Taco Bell boosted Yum Brands to a solid second quarter, while Pizza Hut struggled to keep up.

Thu, 17 Jul 2014 15:00:00 -0500

The Virgin Group founder attributes his success to being open to all possibilities.

Thu, 17 Jul 2014 14:45:00 -0500

Graphic recording is a budding industry that helps companies foster creative thinking at meetings and events.

Thu, 17 Jul 2014 14:30:00 -0500

Even while we are still learning, leadership growth requires us to encourage, mentor and coach team members.

Thu, 17 Jul 2014 14:15:00 -0500

This founder of a cell phone recycling company the tools that help him and his team run his business while on the road.

Thu, 17 Jul 2014 14:00:00 -0500

Valuing customers, trusting employees and staying focused on the vision are what we should be doing, or at least resume doing.

Thu, 17 Jul 2014 13:30:00 -0500

There are many ways to get on journalists' radar. One of the easiest is to piggyback on severe weather.

Tue, 22 Jul 2014 06:25:00 -0500

At the time of Philip Seymour Hoffman’s death, there were at least 7 Tips From Philip Seymour Hoffman’s Estate. Now, five months later, court documents reveal more yet seem to confirm that Mr. Hoffman may have wanted it this way. No matter how tax inefficiencies may cause bean counters like me to shudder, this was Mr. Hoffman’s money and he could do with it what he chose.

Tue, 22 Jul 2014 01:47:00 -0500

The worst kept secret in the technology industry right now is that the next iPhones will be delivered with bigger screens this September, coming in 4.7 and 5.5-inch sizes. But if reports out of the Far East are to be believed, the new iPhone won't just be bigger it will be huge -- for Apple that is. How so? The Wall Street Journal reports Apple is asking its suppliers to build 70-80 million new iPhones by year end. That represents an increase of up to 60% from last year's orders for the iPhone 5s and 5c, which totaled 50-60 million.

Tue, 22 Jul 2014 01:40:00 -0500

On a job search you need all the power you can muster. It isn't easy out there pounding the pavement, or staying at home and filling out endless job application forms. It's hard to get through a job search without a moderate-to-severe mojo drop. You wonder why it's taking so long, and rage against whoever invented keyword-searching algorithms. A job search is isolating, and causes you to doubt yourself. You need all the resources you can gather!

Mon, 21 Jul 2014 20:50:00 -0500

 has confirmed it's buying the mobile ad exchange Flurry, a move that could augment Yahoo's still-waning position in the mobile advertising market. The companies did not disclose financial details but reports have cited a purchase price of several hundred million dollars.

Mon, 21 Jul 2014 16:37:00 -0500

Last week I was at a conference for the Force United consortium, which is focused on helping companies build their software on the Salesforce1 Platform. The founders include Kenandy, ServiceMax and Apttus (I recently wrote a profile on Apttus).

Mon, 21 Jul 2014 15:00:00 -0500

Last week Microsoft laid off 18,000 employees, representing about 14% of its workforce. has never had a layoff this big in its history. The move makes a big statement about the company’s future. And Salesforce.com should be worried.

Mon, 21 Jul 2014 13:47:00 -0500

Hollywood is increasingly in the business of making movies with disposable actors -- performers who are almost interchangeable and easily replaced. The special effects and bombastic action sequences required for the modern blockbuster cost many millions of dollars. Any money studios can save by casting less-famous actors is money that can go to the bottom line. And if those actors can be easily swapped out in sequels, all the better. A disposable actor doesn't really have the leverage to demand a big pay hike.

Mon, 21 Jul 2014 13:00:00 -0500

I recently caught up with James Altucher, who is the new voice of the self-help genre. His latest book, that he co-authored with his wife Claudia Azula Altucher, is called The Power of No: Because One Little Word Can Bring Health, Abundance, and Happiness. James is the author of several other books, including the bestseller Choose Yourself. His blog, The Altucher Confidential, has attracted more than 15 million readers since its launch in 2010. He has started and run more than 20 companies, and sold several of those businesses for large exits. He has also run venture capital funds, hedge funds, angel funds, and currently sits on the boards of several companies. In addition, James hosts the extremely popular weekly podcast series "The James Altucher Show", where he's interviewed everyone from Tim Ferriss to Adam Carolla about a variety of topics, ranging from health to entrepreneurship.

Mon, 21 Jul 2014 11:59:00 -0500

At the Germany-based Adidas Group, management believes that learning should be “light, desirable, and fun.” That’s according to Matthias Malessa, the company’s Chief Human Resources Officer and one of the pioneers of a brand new, innovative learning and development platform that debuts today.

Fri, 18 Jul 2014 17:02:00 -0500

Amazon has launched the mooted read all you can manage service and called it Kindle Unlimited. It costs, sadly for the US only at present, $9.99 a month and gives unlimited access to some 600,000 titles. Various people have various ideas about all of this. My colleague Michael Humphrey points us to David Byrne's worries about such all you can eat artistic delivery systems. HuffPo rather sneeringly argued that Amazon wants you to pay $120 a year for a library ticket. Which is true but also what sparks this little, not entirely and wholly serious, thought on public policy.

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Networking Grows A Business
By Ray Yono :: Saturday, January 19, 2008 :: 17040 Views :: Article Rating :: Business & Finance, Chaldean American Professionals

When Joseph Garmo attended a Chaldean wedding, he never imagined that he would hear the benefits of his own product begin shared by a fellow guest. 

There at the table, says Garmo, another guest seated with the group began to share his excitement for a new product our firm developed to help reduce check cashing fraud.  "It was like a totally unsolicited sales pitch" for the Michigan-based firm helping the Chaldean community deal with the rash of check fraud.  “The Michigan economy is horrible. Add low morals with a poor economy and you get lots and lots of crime,” says Garmo.  “Chaldeans in large part are victims of these crimes and not much is done to help them.  We wanted to change that.”

Garmo explains how the table guest began what would continue on as a 15- to 20-minute discussion between the guests at the table about his company's product. “It was hard to keep quiet, but I did.  I wanted to hear what they would say,” he says. “I wanted to learn if our idea could make a difference.”

It was also the moment he realized the power of his connections. He hadn't spent a dime on marketing his product and before him was a table filled with his target market discussing his Check cashing prevention system.  Listening to the Chaldean business talk, Garmo realized where the guest had learned about his product. 

How did he do it?

Like many successful Chaldean entrepreneurs, Garmo tapped an age-old marketing technique: networking. Garmo had long attended the traditional Chaldean gatherings like funerals and weddings.  However, when invited to join a professional networking group called  CAP (Chaldean American Professionals) things dramatically changed for Garmo. 

CAP is a networking organization of Chaldean professionals that collaborate and share expertise as well as work to build new business.  The group meets monthly at the Chaldean community hall in Southfield.  Garmo decided to carve out a few hours to meet and network with other Michigan professionals.  It turned out to be a great decision.

At the meeting Garmo shared a few sample check scanner devices that connect to a computer.  The device scans the check, connects to the various banks to ensure there are sufficient funds, and confirms that the holder of the check has the right to cash the note.  The device also scans the fingerprint and drivers license of the customer, all of which run an immediate background check on the customer for outstanding issues. 

Garmo gave out a few of the devices, which seemed to have traveled from one person to another.  “I never thought it would get such great attention.  From that one network meeting, the news about the new product traveled very fast,” says Garmo.   “The few people I knew had a much longer list of people in the check cashing business.  Plus, I learned a great deal about their businesses and what they would like to see in future upgrades.”        

For professional Chaldean entrepreneurs -- especially those new to a specific industry -- utilizing community contacts and cultivating new ones via networking can lead not only to future sales but also to the value obtained by learning more about a specific industry. After all, knowing who the go-to people are at various companies is never as good as an introduction from a colleague they regularly lunch with.

The Chaldean American Professionals offer ten tips to help Chaldean entrepreneurs successfully network:

Keep in mind that networking is about being genuine and authentic, building trust and relationships, and seeing how you can help others as much as you would like them to help you. 

Ask yourself what your goals are in participating in networking meetings so that you will pick groups that will help you get what you are looking for. Some meetings are based more on learning or volunteering rather than on strictly making business connections.  Groups like the Chaldean American Professionals are strictly about making business connections.

Visit as many groups as possible that spark your interest. Notice the tone and attitude of the group. Do the people sound supportive of one another? Does the leadership appear competent? Many groups will allow you to visit two times before joining.

Hold volunteer positions in organizations. This is a great way to stay visible and give back to groups that have helped you.

Ask open-ended questions in networking conversations. This means questions that ask who, what, where, when, and how as opposed to those that can be answered with a simple yes or no. This form of questioning opens up the discussion and shows listeners that you are interested in them.

Become known as a powerful resource for others. When you are known as a strong resource, people remember to turn to you for suggestions, ideas, names of other people, etc. This keeps you visible to them.

Have a clear understanding of what you do and why, for whom, and what makes you special or different from others doing the same thing. In order to get referrals, you must first have a clear understanding of what you do that you can easily articulate to others.

Be able to articulate what you are looking for and how others may help you. Too often people in conversations ask, "How may I help you?" and no immediate answer comes to mind.

Follow through quickly and efficiently on referrals you are given. When people give you referrals, your actions are a reflection on them. Respect and honor that and your referrals will grow.

Call those you meet who may benefit from what you do and vice versa. Express that you enjoyed meeting them, and ask if you could get together and share ideas.