Friday, July 31, 2015
Top Entrepreneur News

Thu, 30 Jul 2015 23:00:00 -0500

While there is no manual for being a leader, there are a few things entrepreneurs can do to help better steer the ship.

Thu, 30 Jul 2015 22:30:00 -0500

Instagram, Twitter, LinkedIn: Where do you customers hang out?

Thu, 30 Jul 2015 22:00:00 -0500

The home services market is enormous, yet there is not a lot of room for middle men.

Thu, 30 Jul 2015 21:30:00 -0500

If your plans are too detailed for your team's size, you're wasting everyone's time.

Thu, 30 Jul 2015 21:00:00 -0500

Borrowing against business assets are one way for small businesses to get the money they need to be bigger businesses.

Thu, 30 Jul 2015 20:45:00 -0500

The solutions to marketing dilemmas promised by the all-in-one software of decades past are finally here, but they aren't all-in-one.

Thu, 30 Jul 2015 20:30:00 -0500

How do you find that trustworthy company and how do you protect yourself from the laundry list of potential problems?

Thu, 30 Jul 2015 20:00:00 -0500

Growing a blog can be frustrating in the beginning. You need others to spread the word for you.

Thu, 30 Jul 2015 19:30:00 -0500

With Social Security benefits guaranteed to scale back within the next 20 years, millennials need to now save more than ever to maintain a decent standard of living in their golden years.

Thu, 30 Jul 2015 19:06:38 -0500

The majority of searches made from Europe are done through local versions of Google, the company argues.

Thu, 30 Jul 2015 19:00:00 -0500

There are emails that everyone dreads and others that customers get excited about seeing. What's the difference and how to you get your brand to be the one that builds anticipation?

Thu, 30 Jul 2015 18:30:00 -0500

Companies that tear down silos and encourage communication do better by every measure.

Thu, 30 Jul 2015 18:00:00 -0500

Stranger are often easier to manage and -- if needed -- fire.

Thu, 30 Jul 2015 17:30:00 -0500

Make a plan, suit up, punch fear in the face and jump! Sounds a lot like becoming an entrepreneur, right?

Thu, 30 Jul 2015 17:25:00 -0500

We still have a ways to go, but this is promising news.

Thu, 30 Jul 2015 16:42:00 -0500

Every part of the industry has been shaken up by this new era of doing better for less. But if the cost of new drugs continues to rise at this rate, any progress we make in other parts of the health ecosystem will be irrelevant.

Thu, 30 Jul 2015 15:14:00 -0500

(Photo by Michael Smith/Newsmakers) After surveying security experts and non-experts alike, three Google researchers identified some distinct discrepancies between the practices and recommendations of experts (defined as having studied or worked in computer security for at least five years) and non-experts, recruited from Amazon’s Mechanical Turk platform. I spoke with Micah Lee, a technologist [...]

Thu, 30 Jul 2015 14:00:00 -0500

I was going to do a piece this week talking about Tom Cruise movies that were actual flops over the last thirty years. But as I did the research and did the math, I came upon a fascinating problem. Tom Cruise has basically, in the time since he became a [...]

Thu, 30 Jul 2015 11:21:00 -0500

Yesterday saw the release of Microsoft's highly anticipated Windows 10 operating system. For the most part things went fairly smoothly as it was rolled out over Windows Update, but a few problems have raised their heads with people unable to update or activate their new OS. Here's a complete guide [...]

Thu, 30 Jul 2015 10:26:00 -0500

A new study concluded that utility-scale solar photovoltaic (PV) systems in the United States are more cost effective than rooftop PV systems in achieving the economic and policy benefits we all expect to come from the widespread use of solar energy. But it may not be so simple.

Thu, 30 Jul 2015 04:30:00 -0500

When you're working at a job you hate, it's easy to focus on the negative -- and who could blame you for that? Liz Ryan lays out the positives that a lousy job can give you. Make sure and grab all the good stuff you can before you leave!

Wed, 29 Jul 2015 21:21:00 -0500

Non-verbal cues can say it all.

Wed, 29 Jul 2015 16:48:00 -0500

You might also be surprised to learn that kindness carries with it a significant return on investment (ROI). Kindness is too often taken for weakness. It’s refreshing to see someone become so successful while maintaining a kind demeanor.

Wed, 29 Jul 2015 13:45:00 -0500

Stop thinking of Silicon Valley as an engineer's paradise. There's far more work for liberal arts majors -- who know how to sell and humanize.

Wed, 29 Jul 2015 12:00:00 -0500

Cars Daredevil Garage combines diecast collecting and toys-to-life game-play for Disney fans, while the new Precision Series raises the bar for movie accurate Cars vehicles and play-sets.

Wed, 29 Jul 2015 09:00:00 -0500

Organic agriculture is an unscientific, heavily subsidized marketing gimmick that misleads and rips off consumers. The federal government should stop promoting and subsidizing it.

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Depressing Michigan Economy Driving Alcohol Sales
By David Najor :: Sunday, February 15, 2009 :: 14723 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.” 

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