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Insights from Leading Entrepreneurs

12 August, 2010

Top Entrepreneurial News of the Day

  • Six Ways to Avoid Capital Gains Tax| Forbes.com: Pity that poor billionaire Philip Anschutz. He tried to cash out of positions in Anadarko and Union Pacific without having to pay immediate tax on the appreciation. The IRS gave him a good slapping around, and so far he’s losing in court, too.
  • : “What makes an entrepreneur a good salesperson is their passionate, unassailable, unshakeable belief inside that the prospect needs whatever they’re selling,” says Joel Goldstein of Goldstein Group Communications in Solon, Ohio.
  • How to Make More Manufacturers | Inc.com: Plenty of Americans have the desire to make actual stuff, not just software. What they lack are the tools.
  • Don’t Panic. Growth is Still Growth | CNNMoney.com: Investors need to follow the immortal words of the 80’s one-hit wonder Frankie Goes to Hollywood: Relax.

Categories: general

12 August, 2010

A Framework for Ethical Decision Making

Contributed by Badre Alam, CEO of Badre Alam Traders, a complete trading house located in Pakistan.

To make good, ethical decisions requires a trained sensitivity to ethical issues, a practiced method for exploring the aspects of a decision, and weighing the impacts of a course of action. A method for ethical decision making is absolutely essential for building an ethical business environment. Here are some key questions to consider when assessing the ethical nature of your environment:

Recognize an Ethical Issue

  • Is there something wrong personally, interpersonally or socially? Could the conflict, the situation or the decision be damaging to the community, influence other businesses or make a finite position that speaks for itself?
  • Does the issue go beyond legal or institutional concerns? What does it do to people, who have dignity, rights, and hopes for a better life together?

(more…)

Categories: general

Tags: advice badre alam bold business decisions ethics small business

11 August, 2010

How Good Are You at Change?

Contributed by Ariane de Bonvoisin, author of “The First 30 Days: Your Guide to Making any Change Easier,” and founder and CEO of First 30 Days, Inc.

Change is the one constant, guaranteed thing to happen in life. Just think about all of the changes you may have already been through: divorce, illness, starting a company, losing a loved one, becoming a parent, moving, changing jobs, graduating and so on. The core of who you are is wrapped up in changes you’ve made and faced.

And yet, we all find change to be hard— we resist it, are overwhelmed or don’t know how to make it easier. The good news is that while we can’t avoid change, we can become better at navigating the transitions that arise in our lives, personally and professionally.

(more…)

Categories: general

Tags: advice ariane de bonvoisin bold business career change relationships successful business

11 August, 2010

Top Entrepreneurial News of the Day

  • Small Business Lending: The Squeeze Goes On | BusinessWeek.com: Banks had ambitious small business lending goals for 2010, but they’re having a hard time finding worthy creditors with solid expansion plans.
  • Four International Blunders to Avoid | WomenEntrepreneur.com: If you’re serious about having an international component to your business, make sure you don’t run afoul of these four major misconceptions about international business.
  • China Output Growth Weakens; Inflation Accelerates | Bloomberg.com: China’s industrial output rose the least in 11 months, retail sales growth eased and new loans climbed less than estimated, adding to signs that a slowdown in the world’s third-biggest economy is deepening.
  • Firms Spend More–Carefully | WSJ.com: Companies in the U.S. are stepping up purchases of equipment and software at the fastest pace since the late 1990s.

Categories: general

10 August, 2010

Top Entrepreneurial News of the Day

  • Finding Calm in the Unknown | Forbes.com: Bag a bundle taking a company public and you can be forgiven for lining up tee times for the rest of your days. Jeff Green wouldn’t think of it.
  • Making a Family-Run Business Work | Entrepreneur.com: Home-based businesses and family-operated businesses each have their own minefields of potential problems, but the one pitfall they share is the blurring of boundaries.
  • Five Ideas to Stimulate the Economy | CNNMoney.com: Despite the $787 billion stimulus plan Congress passed in 2009 following the financial crisis, it’s been a painfully weak economic recovery.
  • How Facebook and Twitter are Changing the Business World. And How They Aren’t. | FastCompany.com: I heard through the Tweetvine that Twitter, Facebook, and YouTube are changing the world, creating entirely new ways of reaching customers and doing business.

Categories: general

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