Inc. Magazine details how on March 16th, President Obama took aggressive steps to make more money available to SmallBusiness. He announced, that as part of his stimulus plan, the Treasury Department would lend money to brokers to “buy pools of SBA 7(a) loans in the secondary market,” thereby allowing small banks to have more money [...]
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There is no question that Twitter is the most discussed social tool of the past few months. It’s been explained, defined, valued and evaluated. An article by Gartner explores 4 ways that businesses can use Twitter: 1. As a public relations tool2. Employees to enhance and extend their personal reputations, and thereby the company’s reputation.3. [...]
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Once in a while, I come across a piece of technology that impresses me by its potential to profoundly affect our everyday lives. I recently came across one such technology, dubbed “The Sixth Sense” – created by MIT’s famed Media Lab – while watching a video podcast of TED, a conference series that I follow [...]
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At The Radical Clarity Group we’re big on planning. We believe that every company, no matter how big or small, needs a strong core story and clearly defined priorities to succeed. An article in the Wall Street Journal highlights the importance of planning. The WSJ states that a new study finds that entrepreneurs who engage [...]
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We talked about WoW yesterday; today we talk about WoM. Some consider that “word-of-mouth” marketing is the most effective form of advertising. Ivan Misner writes on Entrepreneur Magazine‘s blog about how word-of-mouth marketing can also be a double edge sword and “bite back.” Using the example of professional service providers, Misner explains how individuals often [...]
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We believe that a company must constantly evolve and challenge itself in order to remain successful. How can this be instilled in employees? In a Business Week article, John Hagel and John Seely Brown believe that the answer can be found in World of Warcraft, the massively multiplayer online game. From building teams to innovative [...]
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Christine Haskell blogs on Startup Nation about “The Experience Economy” a book by Joseph Pine and John Gilmore. In a nutshell, the authors argue that “those businesses that relegate themselves to the diminishing world of goods and services will be rendered irrelevant. To avoid this fate, [they] must learn to stage a rich, compelling experience.” [...]
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As we are buffeted by the ill winds of economic fortune, with bad news at every turn, it’s easy to freeze, to be afraid to take a step in any direction, let alone forward. You are afraid of making a mistake; afraid of doing something that will have an even further negative impact on your [...]
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In last Tuesday’s Wall Street Journal, Joseph Pereira wrote about a number of recent investments in consumer goods companies by VCs and private equity groups, which reflect, in his estimation, a trend of increasing investment in the segment. Pereira claims that “The big motivators in the consumer goods arena are interest in healthy living, fashion [...]
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It’s hard to fight the good fight every day. The economy is filled with bad news from AIG bonuses to the lack of lending by banks. For small business owners times can be especially tough. There is little room for error in business. Many days the deck seems to be stacked against you. Now, more [...]
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