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The Entrepreneur

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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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MIT students prefer Indian startups for internships
wwwsiliconindiacom
3/25/2010
Article Resource
Summary:

Bangalore: With several foreign students turning to India to gain experience of the cool technologies offered by Indian start-ups, four MBA students from the Massachusetts Institute of Technology (MIT-Sloan School of Management) are all set to start their internship at the online entertainment portal 'Buzzintown', reports Peerzada Abrar from the Economic Times.

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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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Part Four: John Osher's Startup Mistakes in the Overall Vision
Schoeniger Gary
3/17/2010
Blog Resource
Summary:

This is the final part in the series.  Gary Schoeniger discusses his interview with one of America’s most successful entrepreneurs John Osher and the mistakes that startups make.  Below is Part Four: Mistakes with the Overall Startup Vision. Part One discussed Startup Mistakes in Research...

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Entrepreneurship News Roundup: Week of 3/1/10
Ruhe Thom
3/15/2010
Blog Resource
Summary:

It can be tough to determine a concrete amount of money to raise for a startup. Mark Suster debates this issue facing many young startups.

Women entrepreneurs are making their mark in business ventures.  Get insight on what works for some women entrepreneurs in their startup...

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Are You Born To Be a Billionaire
Coster Helen
3/11/2010
Article Resource
Summary:

Fifty-three billion smackers. That's how much telecom tycoon Carlos Slim Helu, the wealthiest human on the planet, is worth by Forbes' latest exhaustive count. (Actually, the tally was $53.5 billion--when you're dealing in 10 digits, every decimal place counts.)

Those kinds of numbers can't help but make you think: What exactly does it take to amass that kind of wealth? More important, do you have it?

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