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Unless you completely unplugged over the holidays, you know that if Democratic and Republican lawmakers could not bridge their differences on how best to reduce the nation's budget deficit and debt, the Budget Control Act of 2011 mandated a combination of spending cuts and tax increases to take effect January 1, 2013. While Washington kicked the can down the road on budget cuts, the cliff was avoided – but what does the deal mean for American entrepreneurs?
According to the latest index from the Small Business & Entrepreneurship Council, South Dakota has the most entrepreneur-friendly policy environment in the U.S. The U.S. Business Policy Index evaluates each of the states on 46 policy measures with an emphasis on taxes, regulatory burdens and government spending.
The 113th Congress was sworn into office on Thursday last week. There are 97 new members, but little change from the 112th. The Senate has 13 new members with the Democrats maintaining control -- increasing their edge to 55-45. The House of Representatives has 84 new members with the Republicans maintaining control -- slipping a few seats to outnumber Democrats 233-200.
The once easy choice for many of going from high school to some form of accredited higher education is becoming less of a forgone conclusion simply because of the economics and by the entrance of for-profit schools of varying types; including alternative options to college altogether like the UnCollege movement and the Thiel Fellowship program. The entrance of these new players (entrepreneurs) will impact some traditional sources of higher education and certainly challenge our obedient consumer consensus that a ‘traditional’ education will best serve my progeny.
I had my reservations about starting the Top of Mind video channel—mainly because there are a lot of good sources for observations and opinions on the increasingly popular topic of entrepreneurship. But we have proceeded with this effort because one of the rare privileges I have, by virtue of my position and the work we do at the foundation, is being granted access to events and thinking that are not common to many.
The videos for today feature Venezuela and the UK.
See some of the great images from around the world in this feed of Instagram photos from the 2012 Global Entrepreneurship Week.
Hiring a team for your startup should begin with a core team of three people and build from there. Read more about a strategy for building your team.
I recently read an article on Forbes.com about the ups and downs of being an entrepreneur’s spouse or significant other. It brought me back to my own entrepreneurial endeavors and reminded me of a few coping mechanisms my wife of now 23 years and I picked up along the way.
Securing venture capital can be a guessing game of trying to decide whether an investment will come through or not. Read about how you can work to get a positive answer and how you can tell if the answer may be a negative one.
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