Tuesday, October 21, 2014
Top Entrepreneur News

Tue, 21 Oct 2014 23:00:00 -0500

Maybe you're just presenting the quarterly financials but there's a story in there somewhere. That's what everybody wants to hear.

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

Whether intentional or not, a few misappropriated dollars here and there can easily add up and can be hard to detect.

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

Entrepreneurs' biggest enemies are not competition, the market or the economy.

Tue, 21 Oct 2014 21:30:00 -0500

A mentor can be an entrepreneur's secret weapon, offering not only expertise but also a rolodex of valuable connections. Here is how to find one – and not break the bank.

Tue, 21 Oct 2014 21:15:00 -0500

You did the hard work of making the first networking connection (the meeting or phone call). Now don't squander the power of those moments.

Tue, 21 Oct 2014 21:00:00 -0500

Whether a company is expanding beyond 10 employees or 50, living through the transition can be a challenge. Proper planning can help.

Tue, 21 Oct 2014 20:45:00 -0500

Writing down your goals and reviewing them daily are critical for success.

Tue, 21 Oct 2014 20:30:00 -0500

The CEO of a marketing and sales software company used a business trip as an opportunity to bond with his 18 year old.

Tue, 21 Oct 2014 20:15:00 -0500

Yes, women can comprise a greater proportion of your company's leadership team.

Tue, 21 Oct 2014 20:14:44 -0500

Our latest conference in the New York area highlights the challenges of modern branding.

Tue, 21 Oct 2014 20:00:00 -0500

To continually have a pipeline of potential leads, salespeople have to always be prospecting.

Tue, 21 Oct 2014 19:48:00 -0500

FBI officials warn business owners and the financial sector to stay vigilant.

Tue, 21 Oct 2014 19:45:00 -0500

Apple's new payments system, Apple Pay, has launched. This is exactly how easy it is to set up and use.

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

There's a big opportunity in expanding your business to more than one location. But it can be a disaster if you haven't prepared right.

Tue, 21 Oct 2014 19:20:00 -0500

Put simply, no. Splitting the roles saves money and improves a company’s performance. So why isn't Corporate America listening?

Tue, 21 Oct 2014 19:13:00 -0500

Little is known about the company's augmented reality product.

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

There is no contradiction between realizing financial security is crucial to happiness and that money really isn't everything.

Tue, 21 Oct 2014 18:45:00 -0500

Career and professional growth don't just arrive at your doorstep without your taking the leap.

Tue, 21 Oct 2014 18:30:00 -0500

Having strong social and analytical skills is crucial for both leaders and their employees. They promote problem-solving ability and the ability to work together as a group.

Tue, 21 Oct 2014 18:10:00 -0500

Parents are outraged over the toy chain's bizarre decision to sell drug-dealing action figures.

Tue, 21 Oct 2014 18:00:00 -0500

While every business can advertise on Facebook, not every business should. Find out what makes Facebook ads a good choice for your company.

Tue, 21 Oct 2014 17:45:00 -0500

While the hoverboard's actual capabilities are limited, the project is intended to get people interested in applications for hover technology that extend beyond the board.

Tue, 21 Oct 2014 17:45:00 -0500

Reviving a once-hot app is tricky. Foursquare, the darling of mobile check-ins, is hoping to lure new users in the old-fashioned way: with ads.

Tue, 21 Oct 2014 17:33:00 -0500

Soon, Indiegogo users will be able to fund campaigns with the mere tap of their Touch ID buttons.

Tue, 21 Oct 2014 17:30:00 -0500

Losing a client is a disappointment. But it can also be a growth opportunity if you truly listen, learn, and embrace the new possibilities that present themselves.

Tue, 21 Oct 2014 17:17:00 -0500

The 8-year-old San Francisco startup Brightroll helps leading brands target their video ads for the web's biggest video publishers.

Tue, 21 Oct 2014 17:15:00 -0500

The right chat at the right time can lead to a fresh idea, a new friendship or a long-lasting business relationship.

Tue, 21 Oct 2014 17:00:00 -0500

Plus take a helpful quiz to determine if your business might benefit from ads on the social network.

Tue, 21 Oct 2014 17:00:00 -0500

Life's too short to just stay where you are instead doing everything possible to live a better life.

Tue, 21 Oct 2014 16:52:00 -0500

The fast-food giant is struggling to retain customers domestically and abroad.

Tue, 21 Oct 2014 20:42:00 -0500

Samsung upgrades the Galaxy S5 and the new 'Galaxy S5 Plus' is a rocket ship.

Tue, 21 Oct 2014 20:09:00 -0500

"The great thing about capitalism is that it's a system that works," says Danny Meyer, the restaurateur and founder of Union Square Hospitality Group. "And there's nothing in the doctrine of capitalism that says you need to be a greedy bastard."

Tue, 21 Oct 2014 19:16:00 -0500

By David Cearley Gartner, Inc. Gartner’s top 10 strategy technology trends have the potential for significant impact on organizations in the next three years. While this doesn’t mean adoption and investment in all of the trends will occur at the same rate, companies should make deliberate decisions about them during the next [...]

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

Google's head of people operations, Laszlo Bock, explains how the giant search-engine company does its hiring.

Tue, 21 Oct 2014 17:57:00 -0500

VideoGoogle is pouring money into Magic Leap, a mysterious Florida company that does, well, something cool and visual that it calls "cinematic reality" and that others can't agree on how to describe. The funding, which was announced Tuesday and first reported a week ago by Re/code, isn't just surprising because of its size [...]

Tue, 21 Oct 2014 15:26:00 -0500

Toxic people defy logic. Some are blissfully unaware of the negative impact that they have on those around them, and others seem to derive satisfaction from creating chaos and pushing other people’s buttons. Either way, they create unnecessary complexity, strife, and worst of all stress. Studies have long shown that stress [...]

Tue, 21 Oct 2014 14:54:00 -0500

Many Destiny fans have found themselves "maxed out" on content lately. Either they've reached a high enough level for their own purposes and have put down the game and moved elsewhere, or they're stuck in a loop repeating the toughest aspects of the game over and over, squeezing the last [...]

Tue, 21 Oct 2014 13:32:00 -0500

Is what you’re doing at work today really the best thing for both your company and for you? Spare a few moments to gain some work perspective. You might discover you’re making some fatal mistakes, or even fourteen of them.

Tue, 21 Oct 2014 01:51:00 -0500

President Obama’s failed reset and his weak response to Putin’s War Against Ukraine stuck him with a reputation of indecisiveness and naïveté, reinforced by cumulating foreign policy failures. Obama, unlike Angela Merkel, members of Congress of both parties, and Hillary Clinton, still appears not to understand Putin’s global threat and his goal to destroy NATO. With one intense bill-of-particulars against Putin, Obama can outline his plan to stop Putin’s expansionism before it is too late. Such a move could save the last two years of Obama’s presidency.

Mon, 20 Oct 2014 14:14:00 -0500

Many sheriffs in states that recently passed gun-control laws have signed letters saying they are opposed to the laws, saying the gun bans won’t make America safer. Some even say they won’t enforce these new laws. This has gotten some press. What hasn’t been reported is the very governors in [...]

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Depressing Michigan Economy Driving Alcohol Sales
By David Najor :: Sunday, February 15, 2009 :: 13059 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.”