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A culture of fun and respect for customers and employees pervades this family-owned furniture business that has been sold to legendary investor Warren E. Buffett, writes the author. Culture is what can't be taken away, even after a company is sold, as both the author and his brother are still actively involved, he notes.
Hindsight is 20/20, or so the saying goes. It's useful to learn from the mistakes you made in your last venture, but realize that they might not apply to this venture. So, focus on things you can control (not your competition), be passionate about revenue (or hire someone who is), and remember that, as the author points out, "it's easier to keep spending under control than it is to get spending under control."
Yahoo! and Egypt-based NGO Nahdet El Mahrousa have launched a campaign called ‘Social Innovation Starts with YOU' that hopes to inspire and motivate young Egyptians to be social entrepreneurs.
The campaign is in line with the U.S. Presidential Summit on Entrepreneurship that will take place on April 26 - 27, 2010 in Washington D.C., where Yahoo! co-founder Jerry Yang will deliver a keynote speech on how the Internet can positively transform lives, societies, and economies in Arab communities.
While you're Dilberting away in your cubicle, there are people taking conference calls in broad shorts and flip-flops. While you're saving your two weeks of vacation to hit the sand, they're getting paid to be there.
When I say the phrase “workforce development” chances are a certain image is conjured in your mind. Maybe you think of tradesmen positions, like carpenters, electricians, plumbers and masons. Maybe you think vocational training programs offered by community colleges. Regardless of what your mind has been trained to conclude based on that phrase, workforce development has never been more important than it is today. But it’s not enough—on its own or simply as it is.
This blog entry by a Chief Happiness Officer tackles an important topic from the European point of view. It's a useful reminder that not all of your employees are as zealous about your vision as you or your senior executives. Some will perform better if you keep that in mind.
Last week, the Kauffman Foundation released "Overcoming the Gender Gap: Women Entrepreneurs as Economic Drivers." This white paper looks at the potential of women entrepreneurs to grow our economy.
Women entrepreneurs face risks and stresses in building companies that men
Several studies has shown that a women entrepreneurs are better skilled than men. Skilled in the way that they have more factual knowledge about their product or service than men normally have.
Entrepreneurs loath to seek mentoring should take at least one piece of advice: try it, you'll like it, writes the author who built a business by accepting help from smarter and more experienced founders. Included is a look at the workings of her relationship with her current mentor. (Originally Published October 2002)
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