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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.
With 2012 now in the rearview mirror, we take a look at the most popular PDE posts at entrepreneurship.org. Global content dominates the top of the list with six of the ten posts covering Africa, Brazil, Canada, Chile, the United Kingdom and a global ranking of the top startup ecosystems.
As the sixth season of one of my favorite shows came to a close last weekend, I realized you can actually extract a few important lessons out of the drama of one of television's best shows. And, since we watched the fictitious Sterling Cooper advertising agency grow from a small, boutique firm to a top 30 Madison Avenue agency this season, I thought I would make a few observations about what Mad Men can teach startups.
Stanford Graduate School of Business professor Jennifer Aaker shares the power behind creating ideas that can build momentum. Through her research on the perception of happiness and meaning, Aaker describes how these concepts relate to a successful and powerful social media campaign. A well-planned effort catches audience attention and offers them an engaging story. Aaker, co-author of The Dragonfly Effect, also offers several personal and corporate examples of effective viral campaigns that garnered real world, and even life-saving, results.
Randy Adams conceived the idea for AuctionDrop in 2002. He took his idea to Silicon Valley veterans Bill Rollinson and Andy Jeffrey, founding the business together later that year. Best described as a 'serial
entrepreneur', Randy Adams has more than 25 years of experience in consumer technology. He has successfully founded and sold numerous companies including Emerald City Software, acquired by Adobe Systems; the Internet Shopping Network,
acquired by the Home Shopping Network; Navitel Communications, acquired by Spyglass, Inc.; and Newsnet Technologies, Inc., currently under contract with Microsoft to develop specialized renditions of popular magazines for the Tablet PC.
Through the years he has assisted many other entrepreneurs in their efforts to secure funding and build their companies. Most notably, he facilitated the initial funding of Yahoo by Sequoia Capital and served on the Board of Directors of
Yahoo during its first year of operation. Randy received his undergraduate degree from the Massachusetts Institute of Technology in Electrical Engineering.
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