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Entrepreneurship News Roundup: Week of 4/2/2010
Ruhe Thom
4/2/2010
Blog Resource
Summary:

JumpStart Inc. is a non-profit organization that would attract startup money for regional entrepreneurs.  Since JumpStart Inc.'s creation, it has funded more than 47 successful startups.

The Minnesota legislature recently approved the creation of a statewide angel investment tax credit program, giving non-profits like BioBusiness Alliance...

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Are You a Walt Disney or a Roy Disney?
Maddock G Michael Louis Viton Raphael
3/30/2010
Article Resource
Summary:

Perhaps no other country celebrates innovation the way America does.

This passion for inventions started early in our history. Did you know that George Washington signed the First U.S. Patent Grant on July 31, 1790, and the patent examiner was none other than Thomas Jefferson? (Thank you, Google (GOOG)!) In America, we're reminded of the life-changing power of inventiveness every day. Some of the greatest inventors of yesterday spawned the greatest brands of today. What do the names Chrysler, Coleman, Goodyear (GT), Campbell (CPB), Colt, and Edison mean to you? Cars, tents, tires, soup, guns, and the electric lightbulb, of course.

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Entrepreneurship is Tough but Rewarding
Noobpreneur
3/30/2010
Article Resource
Summary:

One of our well-respected business bloggers, Scott Messinger, indicates in his articles that starting up a business is no child’s play. He mentioned that if you want to have more time with your family through your startup business, you should think again. From my experience, Scott’s advice is something that you should look up to.

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Entrepreneurship News Roundup: Week of 3/22/2010
Ruhe Thom
3/26/2010
Blog Resource
Summary:

For Small Businesses, social media has made great strides and has become one of the most critical of online trends.  Small Businesses have leveraged media trends, specifically Twitter to obtain customer feedback and in turn become a direct conduit to their customers with news and...

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A Funding Fix For New Businesses
Buckley Walter
3/25/2010
Article Resource
Summary:

I have spent the majority of my adult life investing my own and other people's money in entrepreneurs. That's why I know the U.S. has a serious problem on its hands.

Although the stock market has tentatively rebounded, funding for the one area in which America has a distinct competitive advantage--that is, new company formation--is in scary decline. That may be a familiar refrain by now, but that doesn't make the ramifications any less real. Or less dangerous.

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They Call This A Stimulus For Small Biz? Pshaw!
Carey Chris
3/25/2010
Article Resource
Summary:

OK, let me get this straight: The Small Business Administration's Office of Advocacy reports that 27 million small businesses in the U.S. account for 50% of the Gross National Product and employ over 50% of the workforce, and Washington figures $30 billion in loan support and some tax credits will get things done.

What's that, $1,100 per company? Wow, where do we sign up!

Our fearful leaders gave $50 billion to General Motors, and $185 billion to AIG. According to the Congressional Budget Office publication, The Budget & Economic Outlook: An Update August 2009, big business has been showered with more than $10 trillion (that's a "T") in funding and commitments, including: $1.3 trillion disbursed by the Federal Reserve, with another $2.8 trillion committed (including aid to AIG, Citigroup, Bank of America, Bear Stearns; $800 billion from the Treasury, with $3.6 trillion committed (including guarantees for Money Market Funds and TARP); and over $2.1 trillion committed by the FDIC (including increased depositor insurance and more Citigroup guarantees).

Um, does $30 billion to small business make a difference?

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Time to Get to Work
Ruhe Thom
3/25/2010
Blog Resource
Summary:

Depending upon your politics, the recent passing of the historic healthcare reform bill has you high-fiving friends and co-workers or preparing for Armageddon, as it will most certainly usher in a period pestilence, poverty, and perniciousness.

So whether you’re popping corks on some bubbly or stocking...

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6 critical tips for launching a startup while holding a day job
Cohen Jason
3/24/2010
Article Resource
Summary:

Most people start their first company while they still have a day job. It makes sense: You don’t need loans. You don’t need funding. And if you “fail,” all you’ve lost is time.

But you’ve also placed yourself in a hazardous – potentially legally ambiguous – situation. If managed improperly, you’re unnecessarily risking lawsuits and worse.

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Entrepreneurship News Roundup: Week of 3/15/10
Ruhe Thom
3/19/2010
Blog Resource
Summary:

Business Insider takes a look at 20 startups that are about to take off in a big way.

Humera Fasihuddin, the director of the Invention to Venture program at the National Collegiate Inventors & Innovators Alliance answers five essential questions that all entrepreneurs need to consider.

Entrepreneur...

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The 10 Ingredients of a Great Business Plan
Zwilling Martin
3/18/2010
Article Resource
Summary:

If you think you only need a business plan to go fishing for capital, you are sorely mistaken.

A business plan--thoughtfully assembled and diligently updated--is the very blueprint for any company. It sets direction, facilitates communication and establishes performance metrics. Better yet, well-articulated business plans force business owners to constantly weigh the strengths and weaknesses of their operations.

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