Friday, September 19, 2014
Top Entrepreneur News

Fri, 19 Sep 2014 19:30:00 -0500

When we teach our children the value and fragility of their personal reputation they learn who they are, regardless of what others think.

Fri, 19 Sep 2014 19:15:00 -0500

Even as technology makes it easier to connect, communication is disjointed. Fake friendships abound. Nonetheless, genuine ties can be forged in business and leisure.

Fri, 19 Sep 2014 19:00:00 -0500

Chances are you’re not maximizing one of the easiest routes to communicate vital information to your customers.

Fri, 19 Sep 2014 19:00:00 -0500

As content has become the currency of the modern sales professional, there’s a content format that’s proving incredibly valuable for those who want to stand out.

Fri, 19 Sep 2014 18:51:00 -0500

Initially priced at $68, shares of the Chinese tech titan opened at $92.70 this morning in what is officially the largest U.S.-based IPO of all time.

Fri, 19 Sep 2014 18:30:00 -0500

A patient, systematic program to improve your underperformers is the quickest and least expensive way to improve company results.

Fri, 19 Sep 2014 18:19:20 -0500

The line of people out front of Apple's flagship store was completely ridiculous.

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

Implementing strong client boundaries helps keep everyone focused.

Fri, 19 Sep 2014 17:45:00 -0500

Many companies are investing in Facebook campaigns despite changes to its organic reach.

Fri, 19 Sep 2014 17:30:00 -0500

The creation of innovative products and processes is much too important to companies and entire economies to be left to chance.

Fri, 19 Sep 2014 17:30:00 -0500

See the life of Apple's innovative, brilliant founder in a picture timeline.

Fri, 19 Sep 2014 17:23:00 -0500

The lone visionary is the ideal of entrepreneurial mythology but one of the world's largest tech companies has done notably well with bifurcated leadership.

Fri, 19 Sep 2014 17:00:00 -0500

Most entrepreneurs have lots of ideas but few of them are able to successfully execute that one idea that makes all the difference.

Fri, 19 Sep 2014 16:30:00 -0500

Your business might be small, but its look and feel doesn’t have to be. Hiring outside help is quick and effective.

Fri, 19 Sep 2014 16:15:00 -0500

The site's most popular stars are being paid to produce new content as other channels seek to court them.

Fri, 19 Sep 2014 16:08:00 -0500

The popular photo-sharing platform will no longer shut down.

Fri, 19 Sep 2014 16:00:00 -0500

It’s important for leaders to set the 'organizational guardrails' that foster a single, uniformed direction.

Fri, 19 Sep 2014 15:54:00 -0500

Home Depot's cyberattack put 56 million credit cards at risk, significantly more than Target's breach.

Fri, 19 Sep 2014 15:30:00 -0500

It's not so much what the best marketers know but how they view the elements of the campaign.

Fri, 19 Sep 2014 15:04:00 -0500

With the announcement of Larry Ellison's stepping down, here are three tips for companies considering having co-ceos.

Fri, 19 Sep 2014 15:00:00 -0500

How does any entrepreneur know what ventures to pursue, and which ones are best left behind?

Fri, 19 Sep 2014 15:00:00 -0500

Empire-building lessons from one of the world's most entrepreneurial chefs.

Fri, 19 Sep 2014 14:30:00 -0500

If you thought you needed more charismatic friends to have a social-maven driving your sales, think again.

Fri, 19 Sep 2014 14:15:00 -0500

RocketSpace CEO and founder Duncan Logan shares how space and one’s peers impact a company’s final product.

Fri, 19 Sep 2014 14:15:00 -0500

Clear out the mental clutter and the day’s distractions to focus on what you think is important.

Fri, 19 Sep 2014 14:00:00 -0500

With traditional retailers merging and ecommerce startups growing quickly, this particular industry isn't getting much sleep these days.

Fri, 19 Sep 2014 13:30:00 -0500

According to estimates, the country is second to Silicon Valley for new companies. Here are three things that may be driving that.

Fri, 19 Sep 2014 13:19:00 -0500

This new social network makes sure you’re rubbing virtual elbows with people as well-to-do as you are. The cost to join: $9,000.

Fri, 19 Sep 2014 13:00:00 -0500

The recently-deceased comedian taught a brilliant lesson about personal branding that we should all take to heart.

Fri, 19 Sep 2014 13:00:00 -0500

Check out the news business owners need to know for the week that was.

Fri, 19 Sep 2014 12:30:00 -0500

If you aspire to be a successful entrepreneur, the only way you're going to achieve that is by focusing on one thing and doing it better than anyone else.

Fri, 19 Sep 2014 12:00:00 -0500

I was always aggressive and relentless -- until a series of Zen-like moments helped me move to a different level that changed how I operated.

Fri, 19 Sep 2014 11:30:00 -0500

Looking for a way to support her six kids as a single mom, Nusha Pelicano discovered Orange Leaf Frozen Yogurt by chance.

Thu, 18 Sep 2014 23:00:00 -0500

AdWords is such a powerful advertising medium that people think they can't get it wrong. That's a serious error.

Thu, 18 Sep 2014 22:30:00 -0500

You’re only as good as the number of people using and, more importantly, paying for what you built.

Thu, 18 Sep 2014 22:00:00 -0500

Why get a personal secretary when your smartphone can organize your day, your minutes, your business trips and even your clutter?

Thu, 18 Sep 2014 21:30:00 -0500

The best way to tell somebody how to do better is to begin by telling them what they are doing well.

Thu, 18 Sep 2014 21:21:00 -0500

For this billionaire entrepreneur, work is the breakfast of champions.

Thu, 18 Sep 2014 21:15:00 -0500

A real estate executive realizes that by finding a perch to work inside each of her company's branch offices, she can be more effective and build more productive relationships.

Thu, 18 Sep 2014 21:00:00 -0500

The non-profit, along with businesses, can utilize three secrets of customer-relationship management software to effectively follow up on leads.

Thu, 18 Sep 2014 20:33:28 -0500

Virtual reality, take me away. Because overpriced in-flight cocktails and noise-cancelling headphones aren’t enough anymore.

Thu, 18 Sep 2014 20:33:00 -0500

The company's co-founder will move to the board of directors. Two co-CEOs have been named to replace him.

Thu, 18 Sep 2014 20:30:00 -0500

One entrepreneur explains how she was able to get the perfect URL for her startup and what lessons she learned along the way.

Thu, 18 Sep 2014 20:14:00 -0500

…But it sure makes life easier, the self-made billionaire says. Why? With it comes freedom.

Thu, 18 Sep 2014 20:00:00 -0500

Recreate the rhythms of your long years of schooling to succeed in the marathon of building your business.

Thu, 18 Sep 2014 20:00:00 -0500

Advance your company’s legacy by transforming it. Tread carefully with key constituency groups.

Thu, 18 Sep 2014 19:54:00 -0500

Americans are obsessed with their Internet, which makes it sting all the worse that the companies that provide Internet are expensive, unresponsive and because of their relative monopoly, in no hurry to improve their operations.

Thu, 18 Sep 2014 19:45:00 -0500

The high stakes make this type of transaction entirely unique. Know how to proceed wisely.

Thu, 18 Sep 2014 19:30:00 -0500

Sticky social situations can unglue the surest business deal. Here’s how to make sure they don’t.

Thu, 18 Sep 2014 19:15:00 -0500

The Amazon founder's Blue Origin aerospace outfit will develop rocket engines for the United Launch Alliance -- a joint venture between Lockheed Martin and Boeing that creates spacecraft for the U.S. government.

Thu, 18 Sep 2014 19:15:00 -0500

Prompt everyone to contribute their ideas to have a richer harvest.

Thu, 18 Sep 2014 19:00:00 -0500

It can be stressful when you have to make important decisions regarding your business. But to get ahead of the game, it is a necessity.

Thu, 18 Sep 2014 18:56:00 -0500

The online retailer reportedly outbid Google and two other companies that had their eye on the new and valuable generic top-level domain.

Thu, 18 Sep 2014 18:45:00 -0500

Here's to a broader, more generous definition of the oft-used career term.

Thu, 18 Sep 2014 18:39:00 -0500

Next month, the city will start charging renters a 14 percent occupancy tax on behalf of its hosts.

Thu, 18 Sep 2014 18:30:00 -0500

As the leader, barking orders, stealing the spotlight and enforcing your own agenda isn't the way to get employees excited about working with you.

Thu, 18 Sep 2014 18:15:00 -0500

You may never hop out of morning with a smile plastered on your face, but you can make it a bit easier.

Thu, 18 Sep 2014 18:15:00 -0500

Our experts explain how positioning yourself as an expert can help maximize your site for search.

Thu, 18 Sep 2014 18:00:00 -0500

Pay-per-click marketing is fraught with confusion, mistakes and a lot of wasted cash. But when you get it right, PPC can be indispensable. Here’s some insight and some tips.

Thu, 18 Sep 2014 17:48:00 -0500

Vietnamese sandwich concept Banh Shop promises to change its logo after Vietnamese-Americans called out Taco Bell's parent company for the red star design.

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

If accepted into an program, it means mentorship, classes and training from those who have been there and done that.

Thu, 18 Sep 2014 17:05:00 -0500

Digital sales are on the decline in the country, while CD sales are still going strong.

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

You might not know it right now, but once you discover it, it’s time to take on your quest.

Thu, 18 Sep 2014 16:53:00 -0500

As Apple continues to investigate its own high-profile hack, CEO Tim Cook wrote an open letter to customers assuring their private data is safe.

Thu, 18 Sep 2014 16:33:00 -0500

The vast record of information stored on Apple devices will only be available to users who possess a four-digit passcode.

Thu, 18 Sep 2014 16:30:00 -0500

You've most likely encountered them while conducting business: Those who just talk without taking actions. Here are some tips to deal with them.

Thu, 18 Sep 2014 16:12:00 -0500

Included are two devices under $100 as well as an all-new operating system, called 'Sangria.'

Thu, 18 Sep 2014 16:00:00 -0500

Think proven concept, not big brand, when buying a franchise.

Thu, 18 Sep 2014 15:52:00 -0500

Venture capitalist Peter Thiel's recent comments about marijuana use at Twitter underscore a more widespread problem.

Thu, 18 Sep 2014 15:40:00 -0500

The new functionality will allow users to deepen their connection with funders, in addition to giving them a way to keep raising money, the company says.

Thu, 18 Sep 2014 15:30:00 -0500

New product and service concepts are stifled by the process of taking them to market. If you can prove a demand, however, the next steps become much less intimidating.

Thu, 18 Sep 2014 15:00:00 -0500

Entrepreneurs need to be stoic about the long odds against a new business thriving but it's also true that the greatest successes of our time started small.

Thu, 18 Sep 2014 15:00:00 -0500

A new book highlights how executive presence and gravitas can bridge the gap between performance and success.

Thu, 18 Sep 2014 14:45:00 -0500

For extraordinary results, test, measure, tweak. Don't stop.

Thu, 18 Sep 2014 14:00:00 -0500

It is nearly rude not to examine all the social-media clues we glean about people with whom a good relationship is important.

Thu, 18 Sep 2014 13:30:00 -0500

A silent drag on many organizations is employees who feel disconnected from company decision making and inhibited bringing problems to light.

Thu, 18 Sep 2014 12:30:00 -0500

It starts with changing your mindset, then following through with consistent action.

Thu, 18 Sep 2014 12:00:00 -0500

A recent Gallup poll proclaimed that social media marketing has little effect on whether people buy products, but it may not tell the whole story.

Thu, 18 Sep 2014 11:30:00 -0500

When Nathan Coombs retired from the military, DreamMaker Bath and Kitchen's company culture convinced him that the franchise was the right fit.

Thu, 18 Sep 2014 11:00:00 -0500

The entrepreneurs behind footwear startup Jack Erwin had no experience in shoes. Now, they're steering a million-dollar shoe brand.

Wed, 17 Sep 2014 22:15:00 -0500

A new CEO seeks to make dramatic changes without disarming the staff. Here's what he did.

Wed, 17 Sep 2014 22:00:00 -0500

These folks, while sometimes underappreciated, forge the links and tell the stories.

Wed, 17 Sep 2014 21:30:00 -0500

When a court case threatens your business, consider taking the following steps.

Wed, 17 Sep 2014 21:12:00 -0500

Your ability to earn customer trust is what’s going to separate you from the competition -- so don’t slack.

Wed, 17 Sep 2014 21:00:00 -0500

If you want to be competitive, your product better look great and be intuitive.

Wed, 17 Sep 2014 20:45:00 -0500

To scale rapid growth within an organization, emerging leaders must be actively identified and developed.

Wed, 17 Sep 2014 20:30:00 -0500

To get ahead of the competition, find the customers that will be most interested in your product or service.

Wed, 17 Sep 2014 20:15:00 -0500

Entrepreneurs, investors and executives weigh in.

Wed, 17 Sep 2014 20:00:00 -0500

Entrepreneurs are often caught in a bind trying to prioritize between personal health and the needs of their companies. Here are some tips on making everyday life less stressful.

Wed, 17 Sep 2014 19:30:00 -0500

Choosing the sole purpose your statement rests on will be the toughest decision you'll make with your branding.

Wed, 17 Sep 2014 19:15:00 -0500

Most sales and business professionals have had the experience of placing a sales call or email pitch and hearing nothing back. Here are some tricks to crafting the perfect 'follow-up' email.

Wed, 17 Sep 2014 19:15:00 -0500

What's the most strategic way to casually market your idea to someone? Can it really be done in 30 seconds?

Wed, 17 Sep 2014 19:00:00 -0500

Whether you’re the CEO of a venture-backed startup writing a letter to investors about the current state of business or crafting the perfect job description to hire your first employee, your ability to communicate through the written word matters.

Wed, 17 Sep 2014 18:45:00 -0500

Every business has a story. Companies just need to figure out how to tell it in a compelling way.

Wed, 17 Sep 2014 18:43:00 -0500

A new report shows that most of the world’s billionaires made the majority of their wealth themselves.

Wed, 17 Sep 2014 18:37:00 -0500

Nearly 70 percent of millennials experience 'fear of missing out' – and it's influencing their purchasing decisions.

Wed, 17 Sep 2014 18:30:00 -0500

There’s a lot to learn from so many years in business. Here are a few of the most important things I've picked up along the way.

Wed, 17 Sep 2014 18:00:00 -0500

It doesn't matter whether you are just starting out or if you have years of experience. Making sure you have the right attitude and approach is vital.

Wed, 17 Sep 2014 17:45:00 -0500

Smartwatches aren't new, but Apple just may have the answers to the three important questions on user adoption of these devices.

Wed, 17 Sep 2014 17:30:00 -0500

If you’re one of the millions getting tax credits to help pay health-insurance premiums under Obamacare, you might want to do some tax planning now or you might be in for an unwelcome surprise.

Fri, 19 Sep 2014 16:18:00 -0500

The largest IPO in US history has put a new person on top of China's richest.

Fri, 19 Sep 2014 15:23:00 -0500

For the most part here in the UK, pre-orders for the iPhone when collecting from the Apple Store itself were pretty hassle-free. I queued for about 20 minutes and 10 minutes after that I was walking out the store with my 64GB Space Grey iPhone 6. Those turning up on [...]

Fri, 19 Sep 2014 12:07:00 -0500

VideoIt’s finally here, the iPhone 6 is going on sale around the world and eager customers are queuing up outside of Apple stores to join the day-one gang. Broadcasters have been following events and interviewing those mad enough to queue up for days, and researchers have been surveying the thoughts [...]

Fri, 19 Sep 2014 11:42:00 -0500

The iPhone 6 is the best iPhone yet, but it isn't perfect.

Thu, 18 Sep 2014 17:43:00 -0500

Social media is how we interact with friends, family, co-workers, brands, and media. It is a wonder, then, that so many of today’s executives are so hesitant to use this form of communication on a regular basis. It is time to practice more and read less.

Thu, 18 Sep 2014 16:03:00 -0500

Happiness in the workplace is something of a double-edged sword. Yes, having happy employees is critical to the success of any company, but there are plenty of ways that bending over backwards to put a smile on your workers’ faces can backfire. As with everything else, balance is key.

Thu, 18 Sep 2014 14:00:00 -0500

Columbus, Ohio, was supposed to be just a temporary stop in 2006 on the way East for Josh and Niki Quinn, a place to save money and plan their new business. After years of living in Los Angeles, where they launched the wholesale wallets and accessories brand Maxine Dear, the [...]

Thu, 18 Sep 2014 13:05:00 -0500

The reality is that only a fraction of a percent of all Americans has student loan debt that is truly beyond their ability to repay. Media stories make it sound like a crisis, but that doesn’t make it one. Here are the facts.

Wed, 17 Sep 2014 20:53:00 -0500

Visit almost any anti-GMO website and you will find alarming headlines about the alleged dangers of GMO foods. They kill pigs, cows and sheep on farms and in lab studies! Humans are next! "Monsanto’s GMO Feed Creates Horrific Physical Ailments in Animals," screams a typical article, in AlterNet, a popular anti-GMO site. It [...]

Mon, 15 Sep 2014 17:21:00 -0500

If robots can be encoded with artificial, emotional intelligence and it is greater than what you and your team have to offer to guests, you will be out of work. And emotional intelligence in robots is closer than you’d think.

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Where Less Tax Burden Flow - Chaldean Businesses Go
By David Najor :: Monday, December 22, 2008 :: 18742 Views :: Article Rating :: Business & Finance, Government & Society

California, USA – Chaldeans in California grow worrisome as the state’s debt skyrockets.  “They will tax the people to death in this state,” says Abrahim Bajoka, owner of an Arco Gas Station.  “Tax! Tax! Tax!  The more money they take from us the less we can grow, hire new people, or buy new products to sell.  This is basic business.  What is wrong with this state?”

Bajoka’s aggravation is not rare.  Taxpayer groups in the “Fruit & Nut” state are also fuming and vowing to go to court to initiate a referendum to halt nearly $10 billion in recent tax increases Democrats passed in a secret special session last Thursday. 

Lawmakers across the nation are shocked at the extraordinary parliamentary maneuver.   California Democrats circumvented a constitutional provision requiring a two-thirds vote in the state legislature to raise taxes by using their simple majority. “What they are telling small business owners is that we don’t want you in our state,” says Bajoka.  “The hard workers get taxed and the lazy get fed.  This is all wrong.”

So which are the best low-tax states welcoming new business leaders and encouraging economic growth?  Just follow the trail of Chaldeans….

Chaldeans are wisely picking the low tax states to expand their franchises or establish new businesses.  Lower taxes gives businesses more cash to spend exploring new business ideas, product lines, marketing, and research.  Kicking less money up to Uncle Sam also helps business owners better cope with changing estimations of expenses due to regulatory fuel and energy costs. 

Bajoka says that whatever taxes a business is required to pay will simply be passed to the customers by increasing the cost of products.  However, higher prices means less buying, which means less production and manufacturing or a slowing of the economy.  “Customers will buy less.  They can’t afford as much because government forces the prices to go up.  This is not the time to raise taxes.” 

Tax Foundation President Scott Hodge reported a study that shows Americans will spend more on taxes in 2008 than on food, clothing, and housing combined. The report went on to say that in 2008, Americans worked 74 days to pay their federal taxes and 39 days more to cover state and local levies.

Outside of leaving the country, the most one can do about Federal taxes is vote the right people into office.  But the state and local tax burden varies considerably by location. The most expensive state and local taxes are typically sales and excise taxes (14 days' pay), property taxes (12 days' pay), and income tax (10 days' pay).

U.S. News cranked recently sifted through more than 2,000 U.S. places to find locales that have relatively low taxes but also offer amenities important to small business owners like a reasonable cost of living and fine recreational and cultural choices. Many of the low-tax havens have no state sales tax, like Billings, Mont., or no state income tax, like Sioux Falls, S.D.

There's nothing like zero tax to make your business dollar go further. 

Chaldeans are well aware of one low-tax retirement gem, Stafford, Texas, a suburb of Houston.  The place has been booming with new businesses because of the suburb’s move to entirely eliminate its property tax in 1995. Texas is also one of seven states with no income tax. (The others are Alaska, Florida, Nevada, South Dakota, Washington, and Wyoming.) Stafford also has the lowest sales tax in the Houston area.

Chaldeans are also moving to Florida and Las Vegas.  The business-friendly tax structure of the states has kept the states doing amazingly well in comparison to states like Michigan, Illinois, and California are drowning.  Both Florida and Nevada have slashed government budgets instead of taking the short-term easy way out and tax residents and businesses. 

There is one state the our native desert dwellers have yet to invade.  The most tax-friendly state for businesses is Alaska. The geographically largest state in the union is the only one without any kind of income or sales tax and pays residents to live in their state.

Alaska residents with at least one year in the state receive annual Alaska Permanent Fund dividends. The state’s governor was able to secure an incredibly high payout for Alaskan residents of $3,269 in 2008, but even more typical dividends have been nothing to scoff at, ranging from $827 to $1,964 over the past two decades.

Who knows maybe Chaldeans will venture out into polar bear country?  Michigan Chaldeans won’t have much of a problem dealing with the frigid winds, snowy roads, and icy car doors - not as long as they keep the tea warm.