Relevant Topics for Entrepreneurs

These are topics from recent news articles on subjects that an entrepreneur would find helpful

Brian Dunn, Best Buy CEO, Resigns Amid Internal Probe

April 11, 2012
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Brian Dunn, Best Buy CEO, Resigns Amid Internal Probe

This is a classic example of “if you stay long enough, you will continue to get promoted”. Brian Dunn should never have been promoted above a VP level. That is the extent of his competency. Once you get to the senior levels of a company, you need to be a strategic thinker. You need...

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RIM Q4 2011: BlackBerry Maker Misses Expectations; Sheds Some Execs

March 30, 2012
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RIM Q4 2011: BlackBerry Maker Misses Expectations; Sheds Some Execs

The issue with Blackberry/RIM is clearly one of a lost strategy and trying desperately to play catchup. Unfortunately Thorsten Hein does not have what it takes to fix the problem. As of this morning, RIM is going to focus on the enterprise market and move away from the consumer market. Obviously, the missteps of...

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The Anti-Walmart: The Secret Sauce of Wegmans Is People – The Atlantic

March 27, 2012
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I have to say that Wegman’s is a true retailer.  Most supermarkets are not retailers, they live off of there real estate.  People need to buy food so as long as you have a good site, you will do well until the competition moves in.  Wegman’s truly understands their customer, respects their customer and...

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Microsoft’s New IE9 Ad Is…Out There (VIDEO)

March 19, 2012
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Microsoft’s New IE9 Ad Is…Out There (VIDEO)

The problem I see with this approach from Microsoft is that so much time in the commercial is spent trying to make fun of itself and the remainder of the commercial is spent making fun of the subject. Not one feature or benefit was pointed out. Why is IE 9 quite good? What changed?...

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Building a Brand in the Age of Social Media

March 9, 2012
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Building a Brand in the Age of Social Media

It is an evolving consumer world today and what worked in the past is not working now or in the future.  The old brand building model is dead and a newer, leaner, flexible model has arrived.  One thing is for certain, every brand strategy is different. The new ways consumers connect with your brand...

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Customer Surveys: 5 Things You Need To Know

March 7, 2012
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Customer Surveys: 5 Things You Need To Know

I am all for keeping in touch with your customers. Surveys, however, should be fast, simple, targeted at a specific focus and reward the customer for participating. A constant stream of communication is really what we want to achieve in business and with social media making it easy, we should have a continual dialog...

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Business Owners Can Learn To Love Actuaries — While Still Hating Credit Scores

February 28, 2012
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Business Owners Can Learn To Love Actuaries — While Still Hating Credit Scores

It is true. The issue we have with small business borrowing money from banks is the strict lending restrictions the federal government has placed upon them. I find it disheartening to listen to the present administration speak about how they are lending to small businesses. it is patently false. The SBA is very willing...

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Venture Capital Sees Big Returns On Big Data

February 26, 2012
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Venture Capital Sees Big Returns On Big Data

What I am most happy about is that finally, the venture funding is flowing again. From 2009 until mid 2011, venture funding was looking more like traditional bank financing with venture funds looking for a safe investment. This is quite contrary to the whole concept of venture capital, which is high risk and high...

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Beyond Social Proof: Due Diligence 101

February 20, 2012
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Beyond Social Proof: Due Diligence 101

Throughout the years I have raised seed funding, startup funding and growth funding from structured and unstructur­ed sources. One thing I have learned is that everyone has different requests for Due Dilligence­. What is important to a Venture Capitalist may not be important to an Angel Investor or a Strategic Investor and individual­s are...

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Startup Rate At Lowest Point On Record

February 17, 2012
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Startup Rate At Lowest Point On Record

I have walked the entreprene­urial tightrope more times in my life than I care to admit. Every group setting I go to all I ever hear about are people unhappy in their jobs with a great idea for a product and they want the freedom to pursue their endeavor. The reality is that when...

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