The Entrepreneurial Mind

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  • Lessons from Brett
    I started, but then deleted, several posts about Brett Favre's retirement. Brian Leaf sent along a post by Jacqui Banaszynski about Brett from a journalist's blog called Poynter Online. Although she takes a journalist/editor slant, the lessons she takes from...


  • Entrepreneur Magazine Editor Resigns
    Rieva Lesonsky, Senior Vice President and Editorial Director of Entrepreneur magazine resigned this week. She told me that she is starting a new venture called SMB Connects. Its website askrieva.com should be live at the end of the month....


  • California Court Rules Home-School Parents must be Accredited
    Many home-based businesses are part of a life-style that can include home-schooling children. These "Mompreneurs" blend running a part-time home-based business with educating their children. The home-based business can be operated around the schooling schedule for the kids. If a...


  • The Power of Pricing, Continued
    The flip side of the pricing post I wrote yesterday involves what I call apologizing to the market. When we enter the market with prices well below the rest of the competitive landscape, we make a statement to the customer....


  • The Power of Pricing
    Part of how we communicate about our products it through our pricing. A new study about placebos reinforces the psychological power of pricing. From Science Daily: [Researchers] used a standard protocol for administering light electric shock to participants' wrists to...


  • Lessons From Politics on Exit Strategies
    Jim Verdonik has an essay at The Business Journal on ten lessons for wise exit strategies that entrepreneurs can learn from this year's presidential race. A sample: Campaigns and businesses can be bottomless pits. There's no sense throwing good money...


  • Texas versus Ohio
    From the Wall Street Journal: As Barack Obama and Hillary Clinton race around Ohio and Texas for tomorrow's primaries, they are telling a tale of economic woe. Yet the real story isn't how similar the two states are economically but...


  • Another Month, Another Student at Ideablob!
    Yet another Belmont student has put his idea in the mix for ideablob. This month's entrant is Lee Turley and his new business called TheSilverStreets.com: TheSilverStreets.com is a social networking site that is aimed at providing a central, national location...


  • A Policy Road-map that Works
    The Kauffman Foundation has issued a new report that reviews the most effective public policy to support entrepreneurial development. Their findings: ...[W]e find that the strongest consensus supports streamlining of local regulatory approvals and limits on progressive taxation at the...


  • New Breed of Social Entrepreneurs
    My column this week at the Tennessean is about the growing trend of social entrepreneurs in our culture: There is a new breed of entrepreneur in America. Rather than using entrepreneurship as a path to wealth, they are using it...


  • Belmont Business Program Makes Business Week Rankings
    Belmont's business program cracked the Top Undergraduate Business Programs in Business Week this year for the first time. We came in at 89th! The reason for our emergence into this elite list of schools: "music and entrepreneurship programs win raves."...


  • Happy Leap Day
    As an entrepreneur, I always hated the month of February. Why? Because it had 10% fewer days than many of the other months, which meant that it generated 10% less cash flow for my business. So in honor of the...


  • Targets for Regulatory Reform
    The SBA Office of Advocacy's Regulatory Review and Reform Initiative, or r3, is designed to identify and address existing federal regulations that should be revised because they are ineffective, duplicative, or out of date. r3 is a tool for small...


  • Independent Contractor versus Employee
    A sticky issue for many small employers revolves around who is an employee versus who is an independent contractor. Many smaller companies use independent contractors to keep employee expenses lower. Independent contractors are engaged for specific projects, so there are...


  • Another Resource from the Kauffman Foundation
    In addition to eVenturing, which I have referred to many times over the past couple of years, the Kauffman Foundation sponsors another good resource for those interested in entrepreneurship . The Entrepreneurial Research & Policy Network (ERPN) at the Social...


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