Thursday, August 21, 2014
Top Entrepreneur News

Thu, 21 Aug 2014 19:30:00 -0500

Happy clients will not only buy more from you, they'll tell their friends.

Thu, 21 Aug 2014 19:15:00 -0500

If your company is expanding and adding new staffers, here's four steps to start them off on the right foot.

Thu, 21 Aug 2014 19:01:00 -0500

A new feature within Google Now offers users the ability to ‘Find alternate flights’ in the event of cancellation or delay.

Thu, 21 Aug 2014 19:00:00 -0500

"Unplanned downtime'' is so costly and common, there is no excuse for not having a plan to quickly be back in business.

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

Before you reach out to a public-relations firm, make sure you answer these three questions.

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

If your startup has started to stagnate after a couple of years, look no further for the cause than your leadership.

Thu, 21 Aug 2014 17:44:00 -0500

Increase employees' productivity and protect your company's data with these tips for building a safe 'bring your own device' plan.

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

Try these five tips to break your streak of throwing money at problems in the hope that they improve or go away.

Thu, 21 Aug 2014 17:06:00 -0500

For the first time, the accelerator program is actively recruiting startups outside the tech space.

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

Even though these staffers haven't started a company (yet), recognize their enterprising spirit.

Thu, 21 Aug 2014 16:30:00 -0500

A serial entrepreneur shares his insights on creating an organization that rocks.

Thu, 21 Aug 2014 16:29:00 -0500

The shipping giant's retail franchise was hit by a malware attack, potentially jeopardizing customer's identifying and financial information. Here's what you need to know.

Thu, 21 Aug 2014 16:00:00 -0500

For better returns, should you invest in businesses engaged in social responsibility, or those on the opposite end of the spectrum?

Thu, 21 Aug 2014 15:43:00 -0500

iPhones might soon be able to determine when and where a car has been parked, and then guide absentminded drivers back to their vehicles.

Thu, 21 Aug 2014 15:30:00 -0500

Important life and business lessons gleaned from an early 20th century poet.

Thu, 21 Aug 2014 15:00:00 -0500

This tip will de-clutter your brain and help you get down to business.

Thu, 21 Aug 2014 14:45:00 -0500

His home is in Chicago, his office in New York. Offerpop’s marketing head, Kevin Bobowski, talks about how he makes the most of his time in -- and out -- of the office.

Thu, 21 Aug 2014 14:30:00 -0500

Startups are notorious for having long hours, a lot of bumps in the road and many projects occurring simultaneously. When times get tough and your team is down, here are seven ways to keep them motivated.

Thu, 21 Aug 2014 14:15:00 -0500

Don’t let your product’s launch get in the way of building your business.

Thu, 21 Aug 2014 14:00:00 -0500

The risks may be high, but the rewards can be splendid, both monetary and intangible.

Thu, 21 Aug 2014 13:56:00 -0500

After becoming an Anago franchisee in Florida, Gloria Columna became the franchise's sole master franchisee in Puerto Rico, where she grew up.

Thu, 21 Aug 2014 13:30:00 -0500

To err is human, entrepreneurs included.

Thu, 21 Aug 2014 13:15:00 -0500

Don't let these common roadblocks slow down your startup's progress.

Thu, 21 Aug 2014 13:00:00 -0500

Staying competitive following Amazon's announcement of its first mobile card reader, Square unveils new features.

Thu, 21 Aug 2014 13:00:00 -0500

Jim Koch launched the Boston Beer Company from his kitchen table in 1984. Now, 30 years later, the leader of the craft brewing movement is doing more than $700 million in sales. Here’s what he learned about starting up.

Thu, 21 Aug 2014 12:30:00 -0500

An entrepreneur's passion must be tempered by one question. Will anybody buy the product?

Thu, 21 Aug 2014 12:00:00 -0500

A few basic things that can take your newsroom from pretty good to great: mobile optimization, multimedia, speed, and a few other features.

Thu, 21 Aug 2014 11:30:00 -0500

No one can be certain what social-media gambit will go viral but the mania for dumping icy water on each other offers helpful pointers.

Thu, 21 Aug 2014 11:00:00 -0500

Execute these low-cost strategies to get your business off the ground immediately.

Thu, 21 Aug 2014 10:30:00 -0500

Affordable, streamlined and closing in on 1,000 locations – can Chris Rondeau turn Planet Fitness into a mega-chain of McGyms?

Wed, 20 Aug 2014 23:00:00 -0500

Ready to share insights on a topic you're well versed in? You may fortify your company's reputation as well as your personal brand.

Wed, 20 Aug 2014 22:30:00 -0500

If there is one thing that holds people back each day from achieving high levels of success, it is fear. Here are a few ways to get past this emotion.

Wed, 20 Aug 2014 22:00:00 -0500

People working remotely can save an entrepreneur time. It's up to you to screen and manage them to suit your needs.

Wed, 20 Aug 2014 21:30:00 -0500

Don't let scary headlines keep you from pursuing opportunity overseas. Arm yourself with information and some basic precautions.

Wed, 20 Aug 2014 21:03:00 -0500

Blake Mycoskie will keep a 50 percent stake in the social-good shoe startup he founded.

Wed, 20 Aug 2014 21:00:00 -0500

Big, splashy, entirely-original ideas are great but entrepreneurs do something important, and prosper, just making life easier for people.

Wed, 20 Aug 2014 20:45:00 -0500

The law grants executors precisely the same access to digital information as they would possess for comparable physical documents.

Wed, 20 Aug 2014 20:30:00 -0500

Tracking your progress is important to self-improvement, but beware letting others be the referee.

Wed, 20 Aug 2014 20:12:00 -0500

Users can now use videos shot outside of Vine to use on their account.

Wed, 20 Aug 2014 20:12:00 -0500

The physical act of turning pages may help us recall plot events, a new study finds.

Wed, 20 Aug 2014 20:00:00 -0500

If you're looking for new customers, look no further than the people already using your product.

Wed, 20 Aug 2014 19:30:00 -0500

Used improperly, the web can be a black hole -- one in which you dump tens of thousands of dollars without results.

Wed, 20 Aug 2014 19:15:00 -0500

It's the bane of your work life. That crucial idea you have isn't being heard by a particular someone. Here are some tips on how to follow up.

Wed, 20 Aug 2014 19:00:00 -0500

When a valued employee leaves, it upsets the team and feels like getting dumped. But turnover happens when you hire smart, talented people.

Wed, 20 Aug 2014 18:30:00 -0500

Banish awkward office buzzwords and use these instead.

Wed, 20 Aug 2014 18:15:00 -0500

It's just like obscenity. You can recognize jerks but the definition is hard to put into words. It's even harder to keep them out of your business.

Wed, 20 Aug 2014 18:00:00 -0500

While executives and marketers rely on a whole lot of applications, software services and platforms to seal the deal, they may be underutilizing this secret weapon.

Wed, 20 Aug 2014 17:43:00 -0500

Up until now, your timeline was limited to tweets and retweets from people you follow. But that's all changing.

Wed, 20 Aug 2014 17:43:00 -0500

Uber's recent hiring is a wakeup call to those idealistic enough to believe they don't need to fight City Hall.

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

Recruiting top performers for your company can multiply its success.

Wed, 20 Aug 2014 17:18:00 -0500

The ridesharing company has released a feature that allows third-party companies like Trip Advisor, Starbucks and United Airlines to embed the Uber service into their own mobile applications.

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

When entrepreneurs just need to bring on temporary employees for short-term projects, what is the best approach -- 1099 or W2?

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

"People don't get rich by tip-toeing in with $100 investments all over the place."

Wed, 20 Aug 2014 16:42:00 -0500

Lemonis Fischer's $6.5 million bid for the cupcake chain went unchallenged by the public, meaning the final sale of the company is less than a week away.

Wed, 20 Aug 2014 16:30:00 -0500

Collect as much information as you can on your target market so you can create a rich statement and experience.

Wed, 20 Aug 2014 16:00:00 -0500

With his startup SwiftKey, Jon Reynolds is breathing new life into the act of typing on a keyboard.

Wed, 20 Aug 2014 16:00:00 -0500

With his startup Kiip, Brian Wong is connecting consumers with brands by rewarding engagement.

Wed, 20 Aug 2014 16:00:00 -0500

With his startup Everlane, Michael Preysman is cutting out the middleman markups from high quality fashion.

Wed, 20 Aug 2014 16:00:00 -0500

With her startup Getaround, Jessica Scorpio is connecting individual car owners with renters.

Wed, 20 Aug 2014 16:00:00 -0500

How they did it, and how you can, too.

Wed, 20 Aug 2014 15:47:30 -0500

AlleyNYC and Rapp are connecting startups with big businesses.

Wed, 20 Aug 2014 15:30:00 -0500

If your company culture hasn't yet embraced the power of social media, it is at risk of getting steamrolled by competitors. Here are four tips on staying in the game and building a more social business.

Wed, 20 Aug 2014 15:00:00 -0500

When things get tough, look to these three tips.

Wed, 20 Aug 2014 14:30:00 -0500

Chief financial officers increasingly are the executives charged with setting the stage for growth.

Wed, 20 Aug 2014 14:00:00 -0500

It all comes back to communication.

Wed, 20 Aug 2014 13:30:00 -0500

San Francisco-based Cruise Automation has created a new gadget that gives any car self-driving capabilities.

Wed, 20 Aug 2014 13:00:00 -0500

What if you die? What if you want to take a year-long sabbatical to Africa? Training and succession planning can ensure your company’s long-term survival.

Wed, 20 Aug 2014 12:30:00 -0500

No company can succeed in executing its bold strategies if the basics aren't being taken care of. Here's how to make sure you stay on track.

Wed, 20 Aug 2014 12:00:00 -0500

The better your site structure, the better your chance of higher ranking in the search engines.

Wed, 20 Aug 2014 11:30:00 -0500

In this issue, we celebrate our Young Millionaires. These are the faces and the inspiration of tomorrow.

Wed, 20 Aug 2014 11:30:00 -0500

Here's why Colleen McKenna became a Welcomemat Services franchisee after a 25 year career in PR and communications.

Wed, 20 Aug 2014 11:00:00 -0500

Business owners and employees can increase individual and organizational capacity and agility by focusing on these five key elements.

Wed, 20 Aug 2014 10:30:00 -0500

Some of the words of wisdom that guide my personal life have proved to be just as useful in the office.

Tue, 19 Aug 2014 23:00:00 -0500

Companies need to think deeply about their products and services to shape their profiles to enlist customer support

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

Just ask Target, General Motors and the Veterans Affairs Department

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

Considering launching a business? Remember this: You can phase in pursuing your entrepreneurship bid while still keeping that day job.

Tue, 19 Aug 2014 21:30:00 -0500

Complex purchases aren’t so much about a product or service as they are about an outcome, a trajectory, a solution or a promise. To gain the right offer from a vendor, ask the right questions and look in the right places.

Tue, 19 Aug 2014 21:00:00 -0500

To take your operation to the next level, consider these powerful questions.

Tue, 19 Aug 2014 20:30:00 -0500

An entrepreneur devoted to innovation and protection of intellectual property lets loose about patent trolls and the patent system that enables them.

Tue, 19 Aug 2014 20:05:00 -0500

Kids already use Gmail and they're obsessed with YouTube. Now Google wants to make it legit, as in legal.

Tue, 19 Aug 2014 20:04:00 -0500

David Plouffe, President Obama's former campaign manager and White House adviser, will now oversee global branding, communications and policy for

Tue, 19 Aug 2014 20:00:00 -0500

Licensing is a potentially lucrative path for product development and marketing but also a complex, often fraught, partnership.

Tue, 19 Aug 2014 19:30:00 -0500

Thinking about quitting your job and going into business all by yourself? Read this first and reconsider.

Tue, 19 Aug 2014 19:00:00 -0500

There is nothing like a few meetings with insincere, boastful investors to encourage your embrace of the lean startup strategy.

Tue, 19 Aug 2014 18:45:00 -0500

Ballmer said he plans to devote much of his attention to the Los Angeles Clippers basketball team, which he recently bought for $2 billion.

Tue, 19 Aug 2014 18:30:00 -0500

Whether you see it or not, culture is a big deal for several reasons, including your employees' satisfaction.

Tue, 19 Aug 2014 18:26:00 -0500

Google's YouTube appears set to take on Spotify and Pandora.

Tue, 19 Aug 2014 18:05:00 -0500

The COO of Lyft is leaving the company, taking his entire operations staff with him.

Tue, 19 Aug 2014 18:00:00 -0500

Grow your first-time customers into loyal brand followers with these techniques.

Tue, 19 Aug 2014 17:30:00 -0500

How you can cast aside your writer's block and write more prolifically.

Tue, 19 Aug 2014 17:29:00 -0500

The Coolest -- a cooler that comes equipped with a rechargeable blender for mixed drinks, a smartphone charger and other goodies -- is currently the second most funded project in the crowdfunding site’s history.

Tue, 19 Aug 2014 17:23:00 -0500

It's called Swing Copters, and it looks just as frustratingly difficult to play as Flappy Bird.

Tue, 19 Aug 2014 17:00:00 -0500

Gender bias holds back women in their careers but also keeps men at work instead of with their families. Each person must decide, how much more is there to life than making a living?

Tue, 19 Aug 2014 16:48:00 -0500

As Google celebrates the 10-year anniversary of its IPO, here's a look at the challenges that lie ahead.

Tue, 19 Aug 2014 16:30:00 -0500

If you want to find the best keywords for your business, avoid these all-too-common missteps.

Tue, 19 Aug 2014 16:15:00 -0500

Do it right, and a trade show can lead to more funding, new customers and lots of buzz.

Tue, 19 Aug 2014 16:00:00 -0500

While many people may jump on the stealth-mode bandwagon, often they are doing so for the wrong reason. Here are the two times when founders should consider stealth mode.

Tue, 19 Aug 2014 15:35:00 -0500

Getting screwed is part of the game, but it doesn't have to happen as often as it does.

Tue, 19 Aug 2014 15:30:00 -0500

If your employees don't feel recognized for their work, don't get proper feedback and are overworked, your office will soon turn toxic.

Tue, 19 Aug 2014 15:15:00 -0500

True to his ways, the former Microsoft CEO knows how to get the crowd riled up.

Thu, 21 Aug 2014 14:41:00 -0500

Angelo Mozilo, the co-founder of Countrywide Financial, is the face of the biggest federal government settlement in history.

Thu, 21 Aug 2014 13:34:00 -0500

Apple HealthKit will launch with the iPhone 6, but it has medical professionals worried.

Thu, 21 Aug 2014 12:52:00 -0500

The circus that has been masquerading as the sale of the Buffalo Bills has received three non-binding bids to date, each below $900 million, according to two sources familiar with the sale of the National Football League team. Both of these sources are not directly involved in the sale as [...]

Thu, 21 Aug 2014 12:14:00 -0500

Sony itself is surprised by the massive success of the PS4 so far. But given the long wait, the low price and the base of gamers it could draw on, maybe it shouldn't have been. Still, keeping the momentum won't be easy.

Thu, 21 Aug 2014 12:12:00 -0500

The beheading of American journalist James Foley by Islamic State militants has drawn revulsion and highlighted the dangers experienced by reporters in conflicts, especially freelance reporters without the backing of major news organisations. According to the Committee to Protect Journalists (CPJ), Syria has been the the most dangerous country in the [...]

Thu, 21 Aug 2014 03:59:00 -0500

You can lob resumes and application forms into the Black Hole recruiting portals all day long, and it won't move your job search forward. If there's one thing job-seekers know, it's that trying to get a job through the talent-repelling Applicant Tracking Systems most organizations now employ is a total [...]

Wed, 20 Aug 2014 20:38:00 -0500

Despite of its lack of innovative features, the PlayStation 4 continues to outsell the Xbox One and Wii U.

Wed, 20 Aug 2014 13:59:00 -0500

The Green Bay Packers take the top spot on our list of The NFL's Best Fans.

Wed, 20 Aug 2014 12:00:00 -0500

"Spending money was the theme, but it’s made me conscious that what I spend my time, energy and money on is interchangeable.... It’s a spiritual outcome, which I didn’t expect at all."

Tue, 19 Aug 2014 12:00:00 -0500

VideoThe Internet is alight with the Ice Bucket Challenge, a silly joke that's being shared on social media by billionaires. Facebook founder Mark Zuckerberg dumped a bucket of ice on his head. He was followed by Microsoft founder Bill Gates, who, in a playful video, built a contraption to do [...]

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Depressing Michigan Economy Driving Alcohol Sales
By David Najor :: Sunday, February 15, 2009 :: 12777 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.”