Here’s our weekly link roundup of small business buzz, musings and muchness. A curation of the best small business talk around the web.
Entrepreneurs at the Movies: The 10 Best Flicks
“The world of business and entrepreneurship always takes a lot of hard work and dedication. Sometimes it can be tempting to just give up, but perseverance pays off. The movies below provide different perspectives and stories on what the entrepreneurial journey looks like.” (Forbes)
Startups Offer Aid After Boston Marathon Attack
“Following yesterday’s explosions at the Boston Marathon that killed at least three people and injured more than 170, many in the business community are showing their support by facilitating aid and accommodations. Big business is lending a hand. Google made its Person Finder tool available so that the friends and families of runners and spectators could locate their loved ones. Likewise, American Airlines, Delta and British Airways are waiving penalties for customers who need to change their flights into or out of Boston within the next few days. Several startups are also offering support to victims and displaced marathoners…” (Entrepreneur)
Why a Liberal Education Creates Great Entrepreneurs
“When then-Apple CEO Steve Jobs introduced the iPad 2 in March 2011, the device and its characteristics weren’t the only things dominating the news cycle. In fact, one particular quote from Jobs’ speech proved to be somewhat controversial. ‘It’s in Apple’s DNA that technology alone is not enough,” he said. “It’s technology married with liberal arts, married with the humanities, that yields us the result that makes our heart sing, and nowhere is that more true than in these post-PC devices.’” (Huffington Post)
Managing the Three Clocks of Small Business
“‘Time Is On My Side,’ is the title of one of the classic rock ’n’ roll songs performed by Mick Jagger and the legendary English band, The Rolling Stones. This bold statement works in a song, but for small businesses … not so much. The reason is because of the complicated dynamic between time and our most precious asset, cash. In the marketplace, there are actually three different clocks at work that every business uses: one for operating expenses, one for sales and one for cash. Let’s take a look at how these three clocks impact your small business.” (Forbes)
How Entrepreneurs Can Push Through Procrastination
One of the toughest challenges of an entrepreneur in building a startup is the fact that there are so many things that you don’t know how to do, or don’t like to do. Things like raising money, building a business plan, or hiring and firing people. These aren’t fun, especially for a visionary. That’s when the curse of procrastination steps in. The result is that certain things just never seem to get done.” (Business Insider)
10 Surprising Assertions From Elite Entrepreneurs
Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. Yet I have found that serious entrepreneurs usually go way beyond these platitudes in their actions and thinking, and often won’t volunteer their real views, for fear of alienating “regular” people, and being branded a fanatic. In his new book “The Entrepreneur Mind,” by serial entrepreneur Kevin D. Johnson, he outlines 100 essential beliefs, insights, and habits of serious entrepreneurs.” (Forbes)
These Startups are Betting Everything on Bitcoin
“Charlie Shrem knew it would be difficult to convince investors to fund his startup, but he never expected that he’d have to beg on camera to raise the money he needed. Shrem launched an online service in mid-2011 called BitInstant that lets users convert dollars into Bitcoins. This was more than a year before the digital currency’s value skyrocketed into the triple digits and gained an incredible amount of media attention. Most investors — like most of the general public — either didn’t know what a Bitcoin was, or else didn’t take it very seriously.” (Mashable)
Entrepreneurs: If You’re In It For The Long-Term, Investors May Not Be Into You
“I am often asked by first time entrepreneurs with great ideas about when they should raise money, how much and from whom. I typically tell them it’s impossible for me to give guidance without doing a deep dive into their business model and personal financial situation. However, I have developed general thoughts on the subject that each budding entrepreneur can think about relative to their unique situation.” (Forbes)
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