Tuesday, July 22, 2014
Top Entrepreneur News

Tue, 22 Jul 2014 23:00:00 -0500

Websites don't always require costly features, gimmicks or tricks to scale. Often it just comes down to good content.

Tue, 22 Jul 2014 22:30:00 -0500

Shared experiences and live interactions can build a bond that lasts, creating a customer for the long run.

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

After completing his challenge of taking 30 courses in 30 days, a businessman shares his insights.

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

An author hawking his books in the park provides some examples for strategies that can easily be adapted for your business.

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

More devices are expected to be connected at the end of the decade. Router-maker Belkin recently launched a new product line to get an early start.

Tue, 22 Jul 2014 20:45:00 -0500

The consumer tech giant beat on profit and missed on revenue in the third quarter.

Tue, 22 Jul 2014 20:30:00 -0500

Those "cult'' brands that sell without apparent effort share some basics, regardless of product or market.

Tue, 22 Jul 2014 20:21:39 -0500

The retailer will launch a line of head-to-toe outfits "best suited for different professions," including 'The Corporate Guy,' 'The Creative Guy,' and yes, 'The Startup Guy.'

Tue, 22 Jul 2014 20:00:00 -0500

The founder of startup Fusio-io used a technique that is critical to every entrepreneur in the world but seldom mastered.

Tue, 22 Jul 2014 19:50:00 -0500

The mobile ad and analytics company is one of Yahoo's most expensive acquisition to date under CEO Marissa Mayer.

Tue, 22 Jul 2014 19:41:00 -0500

Two courts disagree on whether the Internal Revenue Service can provide subsidies to those purchasing health insurance on the federal health insurance exchange.

Tue, 22 Jul 2014 19:30:00 -0500

Entrepreneurs seeking to market to educators would benefit from understanding how new apps and tools align with schools’ day-to-day needs.

Tue, 22 Jul 2014 19:00:00 -0500

Learn how to make your message stand out in the crowd by being fresh, relevant and interesting, and sharing and engaging with fellow community members.

Tue, 22 Jul 2014 18:33:00 -0500

There are several important factors to consider before you license your invention. Here's a handy overview to help you out.

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

Effective sales teams are the product of the culture within the team, across the company and including customers.

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

Using content is cheaper and more effective than traditional advertising. Here are three things your strategy should entail.

Tue, 22 Jul 2014 17:32:21 -0500

In this drawing, Apple's image for a smartwatch looks similar to other devices that are already out.

Tue, 22 Jul 2014 17:30:00 -0500

Tolerating interruptions is not the hallmark of a successful business leader.

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

The venture signals that YouTube stars with palpable buzz and inbuilt fan bases have become increasingly enticing to the world’s biggest music corporations.

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

These franchise founders are turning oddball menu offerings into serious business.

Tue, 22 Jul 2014 16:55:00 -0500

Eighty-five investors can now say they own part of The Hard Rock Hotel in downtown Palm Springs, Calif.

Tue, 22 Jul 2014 16:30:00 -0500

In the world of startups, entrepreneurs have very little time. To help organize tasks and responsibilities, consider these tips.

Tue, 22 Jul 2014 16:00:00 -0500

Do the following traits, characteristics and quirks describe you?

Tue, 22 Jul 2014 15:30:00 -0500

Setting an ambitious goal at your company can act as a magnet to the best employees, who will want to stick around to see it through.

Tue, 22 Jul 2014 15:15:00 -0500

Legal battles with franchisees, expired meat and another disappointing quarterly report: it's already been a hard week for McDonald's.

Tue, 22 Jul 2014 15:00:00 -0500

One of the top issues for business owners is finding time, so technology solutions are needed to ease the burden.

Tue, 22 Jul 2014 15:00:00 -0500

How asking ‘why’ can help you lock up the sale.

Tue, 22 Jul 2014 14:30:00 -0500

You design your environment, and how you do so says as much about you, your passion, commitment and leadership style as it does about your company culture.

Tue, 22 Jul 2014 14:00:00 -0500

Apoorva Mehta’s company, the grocery delivery service Instacart, just raised $44 million and is expanding rapidly.

Tue, 22 Jul 2014 13:30:00 -0500

To win at poker, consistently make the right bets on the right cards. Winning in business -- and in life -- is exactly the same.

Tue, 22 Jul 2014 13:00:00 -0500

You don't need a massive budget to create high-quality commercial-like videos. You just need an iPhone and a few tips.

Tue, 22 Jul 2014 12:30:00 -0500

Twitter can be a great way to connect with new personal and business contacts. Here are the ways I use the social network to my benefit.

Tue, 22 Jul 2014 12:00:00 -0500

When starting up, it's OK if you don't know what you're doing some of the time. Here's why you should always keep an open mind and keep learning.

Tue, 22 Jul 2014 11:30:00 -0500

Jim Koch has had the same title for the last three decades, but he's as excited as ever to go to work each day. Here's why.

Tue, 22 Jul 2014 11:30:00 -0500

Devang and Chaitali Kothari didn't realize that the biggest challenge in franchising would be learning to be good managers.

Tue, 22 Jul 2014 11:00:00 -0500

It's not always possible to bring a valued partner along to a presentation but it can better the odds at success.

Tue, 22 Jul 2014 11:00:00 -0500

Costumers judge your site first by how it looks and performs, then content.

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

Wed, 23 Jul 2014 00:35:00 -0500

 LTD (NYSE:HLF) has attracted a great deal of interest on Wall Street recently on the long and the short side of the market.

Tue, 22 Jul 2014 22:20:00 -0500

iPhone and iPad users have long been able to laud the superior security of their devices over rivals. But it seems one crucial aspect has been forgotten: what if the hacker is ?

Tue, 22 Jul 2014 20:54:00 -0500

There is one thing standing between TV and being the number one media player, and that's the enormous pile of money it's making. According to the firm, Apple TV has now made $1 billion in media sales. These are sales that the company can determine have come directly from people using their Apple TV to buy or rent movies and TV shows to watch on their TV. With it making that sort of cash, there's very little incentive for Apple to turn it into the device it has the potential to be. And it could be an amazing product quite easily.

Tue, 22 Jul 2014 20:54:00 -0500

An important part of being a leader is being credible – credibility is derived from your character and your competence. -- U.S. Marines Captain Angie Morgan I recently attended a one-day leadership conference hosted by The Quorum Initiative, a selective group of high-level corporate women devoted to creating more opportunities for women in the workplace. At the event, amongst an impressive and smart group of women across industries -- from finance and law to media and academia -- she participated in an inspiring workshop given by Angie Morgan, a former Marine Officer and co-author of the book, Leading From the Front: No-Excuse Leadership Tactics for Women, along with fellow Marine Captain Courtney Lynch, with whom Morgan also runs Lead Star, a leadership development consulting firm that has worked with companies from to to .

Tue, 22 Jul 2014 17:03:00 -0500

Hedge fund billionaire William Ackman promised to deliver a deathblow to from a Manhattan stage, but his long presentation on Tuesday bombed with investors and left the diet shake seller unscathed.

Tue, 22 Jul 2014 15:17:00 -0500

The title of this blog post is actually the favorite saying of serial entrepreneur, Steve Adams (thanks, Steve), and one of his heroes, Thomas .

Tue, 22 Jul 2014 12:45:00 -0500

Pinterest’s fastest growing retail brands — from Urban Outfitters to Kate Spade — all understand one thing: Image is king.

Tue, 22 Jul 2014 10:00:00 -0500

No matter how you slice the data, Chrysler is enjoying great success in the automotive world. At Kelley Blue Book we've watched shopper traffic across every Chrysler division (Chrysler, Dodge, Fiat, Jeep, and Ram) effectively double over the past two years. This is reflected in the automaker's sales, which have increased every month for the past 50 months, and also its market share, which bottomed out in 2009 at 8.95 percent but stands at 12.52 percent so far in 2014. That number is up nearly a full percentage point from the 11.56 percent market share it averaged in 2013. and it's the biggest single-year jump in Chrysler's market share since the Great Recession started, suggesting momentum is still building. Much of this success can be attributed to Sergio Marchionne's control and increased alignment between Chrysler and Fiat over the past 5 years, a fact reflected in the full merger of the automakers and a recent name change to Fiat Chrysler Automobiles.

Mon, 21 Jul 2014 20:28:00 -0500

Chipotle's still hotter than hot sauce.

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.

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Depressing Michigan Economy Driving Alcohol Sales
By David Najor :: Sunday, February 15, 2009 :: 12604 Views :: Article Rating :: Business & Finance

Michigan, USA – "They were buying a $10 bottle. Now they're buying a $6 bottle," said Mike Acho, owner of the Wine Cellar party store in Waterford. "People don't have the money. They're not working, but they still want the alcohol, so they buy the cheaper stuff."

Chaldean business leaders within the Merchants of Michigan association say the state is heading towards the cliff’s edge.  Michigan remains the worst state in country.  It has the highest unemployment rate in the country, a continually slumping economy and one of the highest foreclosure rates in the nation; experts say much of the increased drinking may be related to people trying to drown their sorrows. 

State records agree with the opinion sharing that more customers are choosing to drink at home instead of bars and restaurants.    Alcohol purchases nationwide have risen about 2%, total sales in Michigan have nearly doubled that, 3.5%, with residents of the Great Lakes State spending $895 million in 2007. The increase is in spite of a loss in the state's population of more than 46,000 people last year.

The state's Liquor Control Commission spokesman Ken Wozniak tells reporters that, “The 2008 numbers have not been compiled, but we can expect the increase to continue based on the data we're seeing so far."

The greatest increase in alcohol consumption in Michigan was in hard liquor, particularly vodka and whiskey, with residents purchasing -- and presumably consuming -- 282,270 more gallons than the year before.

Wine, too, is on the rise with an increase of 857,415 gallons purchased over the previous year. And people drank more mixed spirits, such as prepackaged rum drinks and wine coolers.

In contrast, beer consumption declined in keeping with a nationwide dip over the last several years that saw more drinkers gravitate toward trendy martini bars.

While beer still is the most popular alcoholic beverage -- Michiganders drank a whopping 204,239,944 gallons in 2007 -- it was a 1.8-million gallon decline over the year before, state officials said.
Bargain booze

And people appear to be shopping for bargains when it comes to stocking their home bars, opting for American brands over more expensive imports.

Blended American whiskey sales, for instance, increased -- though only 1% -- for the first time in 30 years, according to the Beverage Information Group, a Connecticut firm that tracks the industry. And American scotch brand sales increased for the first time in 20 years.

Chaldean convenient store owners are creatively working to help customers cope at risk of losing sales.  “Times are very bad in our state.  The mismanagement of our economy is very bad, but times will get better and customers who are trying to crawl into a bottle may not be able to crawl out when new leaders in Michigan makes things better,” says Karem Nafsu of Drive-In Liquor.  “I know my customers and their family.  Sometimes it takes someone like me that enough is enough, you have to go home and be with your family.”