Archive | November, 2012

Got a Great Idea? Beware of Invention Scams.

http://www.susansolovic.com/2012/11/got-a-great-idea-beware-of-invention-scams/ My sister-in-law called recently to excitedly share some good news.  She had an idea for a new product and had talked to a company she found on the Internet who promised her fame and fortune. Time for a reality check!  I hate to throw cold water on someone’s dreams, but if it’s necessary to […]

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6 Right Times to Be a Ready-Fire-Aim Entrepreneur

I know entrepreneurs who have suffered from the dreaded premature execution syndrome often associated with the ready-fire-aim approach. Yet I believe that many more have benefited from this approach, especially in early startup stages. If your product is highly innovative, and speed to market is critical, you won’t get it right the first time anyway, […]

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You’re Worth Every Penny: Don’t Sell Yourself Short

http://www.susansolovic.com/2012/11/youre-worth-every-penny-dont-sell-yourself-short/ One of the biggest mistakes new business owners often make is not charging enough for their services.  Sometimes it’s because they don’t understand their cost structure, and sometimes it’s because they are so desperate for the business that they’re afraid to charge more.  Regardless of the reason, charging too little is not a good […]

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Why Every Small Business Owner Needs to Vote

Tuesday is election day. Not only is it our duty as American citizens to vote, but the outcome will affect every small business owner: 1. Taxes: Will the Bush era tax cuts come to an end? Will the weathy pay more taxes? Will the capital gains rate go up? 2. Deficit: Will Congress enact deficit […]

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10 Keys To An Accountable Entrepreneur Role Model

Getting things done effectively in a startup requires total individual and team accountability. You can’t afford excuses and multiple people doing the same job. In my view, “taking responsibility” is the core element behind accountability. Many people hear responsibility as an obligation, but I hear it as “the ability to respond.” Unfortunately many people don’t […]

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