Monthly Archives: August 2011

The Lifespan of the Little Blue Bird

31 August, 2011

By John McDonald, EO Winnipeg member and president of Canada’s Web Shop

Since its public release in July 2006, Twitter has blossomed from an SMS broadcasting service for a small company into one of the most important media of our time. Although it initially experienced difficulties in garnering the respect of the majority, (“why do I want to know what ____ had for lunch today??”) its current user-ship and buy-in from large corporations makes it impossible to ignore. That being said, things move fast in the Internet and technology world, and it is difficult to see where the profitability exists within Twitter for its owners and potential shareholders. Will Twitter still exist in two years?

Categories: general

Tags: member social media twitter

The Best (and Worst) States for Entrepreneurship

30 August, 2011

By Karen Axelton, recently featured on networksolutions.com

Are you considering moving your business to a new location, or just want to see how your state stacks up in comparison to others? The University of Nebraska-Lincoln’s Bureau of Business Research and Department of Economics recently released its State Entrepreneurship Index (SEI). This nationwide analysis and ranking system compares how states measure up in terms of business formation and innovation.

Categories: general

Tags: best and worst business entrepreneur start

Why Beijing is the Best Place on Earth to Start a Business

29 August, 2011

By Barry Moltz Small Business Speaker, Consultant, and Author, Barry Moltz

When I visited China last year, the industrial nature of the business people I met was very clear. Since the business world now has few geographic business boundaries, it is important to understand small business in China.

Last month, I interviewed Richard Robinson of the mobile apps and games makers, Youlu and Kooky Panda. Originally from Boston, he has been in Beijing for almost 20 years.

Richard believes that Beijing is one of the best places on earth to start a business even if you are an American. He lists these top five reasons:

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Categories: general

Tags: beijing business China entrepreneur international business interview startups

Infographic: Ode to Steve Jobs

25 August, 2011

In honor of Inc.’s Entrepreneur of the Decade, today we simply leave you with this infogrpahic, an Ode to Steve Jobs.

Categories: general

Tags: creative entrepreneur infographic

Avoiding International Tax Issues

24 August, 2011

By Tim Moore, EO Houston member and managing partner, TR Moore & Company, a Doeren Mayhew Firm

Not long ago, international business was the domain of large corporations. Today, the Internet, advances in freight and logistics, and other developments have made global markets accessible to even the smallest businesses.

But just because some barriers have been lowered doesn’t mean doing business internationally is easy. In fact, it’s a complex process that requires a company to establish the necessary infrastructure, develop an understanding of foreign cultures, and prepare for a new tax environment. Careful tax planning can help you set up your international business in a manner that minimizes worldwide taxes and maximizes cash flow. Considerations include:

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Categories: general

Tags: business credit EO member finance international tax

Entrepreneurial Expansion in Chile

23 August, 2011

By Luiz Paiz, an EO Guatemala member and Managing Director at Music Global S.A.

As an elite community of entrepreneurs, EO plays an integral role in the global business landscape. As members, we know that more than anyone.

I’m sure at some point you’ve flirted with the idea of expanding your business overseas or setting up shop in an exciting new country.

Well, for the past three or four months I’ve been working on establishing an EO chapter. I have met a lot of great people and occasionally have come across cool opportunities. Recently I found one that really spoke to the heart of entrepreneurship— Start-Up Chile. This program was founded by the Chilean government to kick-start their economy into first-world status. Their ultimate goal is to convert Chile into the entrepreneurial hub of Latin America by offering enterprising people like us an opportunity to start businesses there.

Categories: general

Tags: chile expansion startup

Groupon, Zynga, and Dropbox – Learning Company Culture from the Pros

22 August, 2011

By Kyle Lagunas, an HR analyst at .

Everyone loves perks, right? Catered lunches, an open vacation policy, and access to a concierge, all sound really nice – especially if you’re asking me to work 70 hours a week. Beyond the fun and games, though, how do you motivate your team and inspire loyalty every day? In recent years, the most successful start-ups have focused on offering their employees something more: a connection to the company. Three prominent startups – Groupon, Zynga and Dropbox – are each cultivating lasting company cultures, and I’ve taken a look to see what’s working and what’s not.

Categories: general

Tags: best practices company culture dropbox groupon kyle lagunas lesson learned software advice tips zynga

Concept Meets Code: 10 Tips for Entrepreneurs Dealing with Developers

22 August, 2011

By Tim Berry, President and Founder of

I’ve seen it too many times: starry-eyed, would-be Internet entrepreneur meets real developer, dream in hand. This is culture clash. More often than not, it ends up with wasted time, wasted money and dashed dreams. Concept meets computer code.

Categories: general

Tags: computer code entrepreneur technology tips

Management Strategies for Talent Retention

19 August, 2011

By Burton M. Goldfield, CEO of TriNet.

Hiring is indisputably a critical part of growing a business, but once you hire a great team it’s just as important (if not more so) to make sure they want to continue to work for your company. Through a handful of strategies, managers can improve talent retention and create a more employee-driven workplace.

Categories: general

Tags: best practices burton m. goldfield hiring leadership management tips trinet

6 Key Traits for Entrepreneurial Success

18 August, 2011

By Matthew Toren, recently featured on Blogtrepreneur.com.

Over the years, we have profiled a lot of successful entrepreneurs, and we’ve asked almost all of them for their definition of success. The range of answers is interesting, and it illustrates something that we all know: success is different for everyone.

For some, success must include having a boatload of money in the bank; for others, as long as their family is well cared for, they feel successful; and for a growing number of entrepreneurs, they can only think of themselves as successful if they are giving back and contributing to the world in some significant way.

Categories: general

Tags: best practices entrepreneur success tips

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Monthly Archives: August 2011