Business Trends of the week - Adrian Fleming
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Business Trends of the week

1. Dell: Entrepreneurship Is the “Economic Engine”

Business Trends of the week, “If entrepreneurship is the engine of innovation, technology is the fuel,” Michael Dell told the SXSW Interactive audience, many of whom were startup founders, technology innovators and small business owners. Entrepreneurship, privacy and activism were the predominant themes of the Austin tech conference, which kicked off today with Dell, Google’s Eric Schmidt, actress Rosario Dawson and others. Dell made a few remarks on the power of entrepreneurism before introducing panelists Carley Roney, co-founder of The Knot, Stephen Kaufer, co-founder of TripAdvisor and Jeff Housenbold, CEO of Shutterfly. See more…
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2. The Fearless Founder

Starting a new company is never easy, but Bettina Hein knows better than most just how grueling the experience can be. She has weathered the trials of two tech startups, both during brutal economic downturns. The first, Swiss-based software company SVOX AG, which hired her as chief financial officer in January 2001, opened mere weeks after the dot-com bubble burst. The second, video marketing company Pixability, arrived with the Great Recession in October 2008. “Put a Google Alert on my name,” Hein says. “If you see me founding another company, sell all your stocks!”  See more …

3. Small Business on the Rise

It’s time for small businesses to take some credit as the little engines that could in our economy. As employers, they are more than pulling their weight. Their numbers are up, too. See more …

Entrepreneur

1. Rules for Hiring a Startup Team That Believes in Your Brand

You’ve heard it before: Teams will make or break your new venture. And we know putting together a strong team is not only crucial for any startup — especially for early stage startups — but also one of the hardest things to do as well.

Don Fornes of Software Advice recently identified four personality types you should look for when building your core team the matrix thinker, the savant, the champ and the giver. Usually in a co-founder structure, you see a balance of two or three of these personalities, with perhaps the most common pairing being a matrix thinker with big ideas and a savant with execution skills. Read more…

2. The Paradox of Generation Y

Members of Generation Y are less likely to be bothered by income inequality and more likely to want to get rich than their parents’ were at the same age. But unlike young Baby Boomers, Millennials   are less likely to plan a business career to achieve their goal. Read more…

3. Innovation: Small Businesses Live It, Big Businesses Buy It

There is a recurring theme in the business world.  Large companies are becoming bogged down with processes, are worried of investor confidence and their bloated management system is making it difficult for them to come up with innovative ideas. So what do they do? They gobble up smaller companies. Read more…

Inc

1. 3 Reasons Good Employees Break Bad

The first time I dealt with rogue employees, I was absolutely stunned. Very smart people I trusted did something incredibly stupid. I recall shouting at them, “Were you guys smoking dope?” Later, when I uncovered exactly what happened, I realized they were intoxicated, but not on illegal substances–on power. Read more…

2. 5 Things You Must Do to Keep Your Best People

No matter how carefully you hire, inevitably your employees will differ in important ways. Some will be good-humored, intelligent, have a strong work ethic, and always be eager for new challenges. Others will be less so, or worse. You want to do everything you can to keep the first group, because they are critically important to the company’s success.  Read more …

3. Give Yourself the Option of Doing Nothing

Should you write that blog post or tackle your budget mess? Go for a run or take that spin class? Make that sales call or work on your presentation? The daily life of a business owner is filled with questions like these. But what if you could make it more likely that you would stick with whichever option you chose simply by reframing the question slightly? Read more…

Forbes

1. America’s Most Affordable Cities

Try to purchase a home in New York City with a budget of $140,000 and the options are pretty limited–a 375-square-f00t apartment in Queens may be the most luxurious possibility. In Los Angeles, buyers may have to look exclusively at inland foreclosures. But in Knoxville, Tennessee, $140,000 buys a 1,750-square-foot, four-bedroom rambler on a pretty, tree-lined street.

“The Knoxville area provides a number of amenities, but No. 1 is a great low cost of living,” says Rhonda Rice, executive vice president of the Knoxville Chamber. “Tennessee has a very affordable tax structure. You combine that with the natural amenities—the mountains and the lakes—and those things make it a great place to live.” Read more…

2. The First Pot Stock Billionaire Says His Penny Stock Could Be A Little High

You have probably never heard of Bart Mackay, a 57-year-old Las Vegas lawyer who works on various ventures like Dot Vegas, which operates the .Vegas top-level domain. But on paper, Mackay is the first pot stock billionaire. Read more…

3. New Jersey To Tesla: You’re Outta Here

Tesla Motors is being courted by four Southwestern states for its $5 billion gigafactory, but there’s another state that is kissing Tesla goodbye.

The New Jersey Motor Vehicle Commission voted Tuesday  to ban the direct sale of vehicles in the state, becoming the third state in the nation to prevent Tesla from selling to consumers. That would force Tesla, founded by billionaire Elon Musk, to sell its cars through dealers.

Instead, Tesla will stop selling cars in New Jersey on April 1, according to Dow Jones. That means the auto company won’t have access to one of the nation’s most lucrative markets for luxury vehicles, while well-heeled New Jerseyites will have to pick up their Teslas somewhere else. Read more…

Business Insider

1. How A 20-Something CEO Running A $2 Billion Company Got Mark Cuban To Become His First Investor

Box, a startup that sells cloud file management services to enterprises, is reportedly gearing up for a big IPO in a few months. It’s currently valued at about $2 billion. But where did the first investment in the company come from? Read more…

2. Here’s The Technology That’s Going To Make Your Phone’s Internet 1,000 Times Faster Than 4G

In today’s world, there’s one area of technology that can almost never be fast enough: the wireless networks that power our mobile devices. Despite decades of advancements, we still lose signal when walking around in a big city like New York or San Francisco.  Or when attending a popular sporting event — individual towers just can’t handle thousands of people trying to move data at once. But a hot startup with some major engineering talent is hoping to change all of that. Read more…

3. This Startup Wants To Become The Google Of Drugs

There’s no question about it, the health care industry is going through major changes and people are demanding lower costs. The time is ripe for a year-old Denver-based startup called RxRevu, founded by a medical doctor, Dr. Kevin O’Brien. RxRevu offers a way to make sure that patients aren’t being overcharged for their prescriptions. It uses a massive drug database to ensure a doctor isn’t prescribing a more expensive drug when a less expensive one is equally effective. Read more…

Business Trends March 13