The Top 10 Best Small Business Blogs for Entrepreneurs in 2015
As a small business owner myself, I know how important it is to stay up-to-date with the ever changing trends that the business world throws at us.
Because I watch very little TV, and rely heavily on the internet for keeping up-to-date with the news, it s somewhat obvious that I d also use the online medium to learn, consume and also produce and market my own content. Bloggers (and increasingly, podcasters, as well as video producers and many are wearing all three hats!) have the ability to express themselves in somewhat ‘real time’, and in an evergreen way, by keeping their content fresh, and sharing their opinions with the world.
However, in the world of business blogging there s a lot of noise. A lot of content marketers are gagging to get your attention, and with only so many minutes a day to devote to learning and consuming content (personally, I put aside around 30-45 minutes daily), you’ve got to be very strict with who’s content you make time for.
This is the reason why I’ve put this list together. This collection are the best small business blogs I know of right now. My personal favorite / go-to people in the world of small business blogging and online business building. Individually they strike a chord with me enough to keep me coming back for more, together they act as an ever-growing encyclopaedia of business brilliance.
Note: These blogs are listed in no particular order of preference, or influence.
Chris Brogan s Blog
Chris is the only repeat awardee on this list, from last year. I ve known this man for several years and he has continued to deliver quality, helpful, thoughtful and inspiring content to every business owner wise enough to tune into what he has to say. I m assuming (heavily!) that you re one of them!
Must Read: Dear Podcaster Chris lays it down in true Brogan fashion. Letting podcasters know exactly how to approach expert guests, record with them and the importance of respecting their time. This SO needed to be said!
Smart Passive Income
It s no secret that Pat and I are very close friends. Known for being the crash test dummy of online business he s launched and grown several business, meaning you can learn what works and what doesn t, directly from watching him. We recently started a new partnership together, 1-Day Business Breakthrough. too!
Must Read: And They Thought I was Stupid – In this post from early 2014 Pat reflects on his decision to starting podcasting and what it s done for his brand along with the 468 comments on the post itself!
Gary Vaynerchuk s Blog
In 2010 I picked up a copy of Crush It! by Gary and became an instant fan. Since then I ve had to chance to have him on the podcast twice, as well as hanging out in the US a little together. Ballsy, to the point and with a BS detector like I ve never seen before, he s an influencer in every imaginable way.
Must Read: Cloud Dirt: How I Do Business – This is a fantastic short film that Gary and his team produced to explain how he feels about business today and why he doesn t focus on anything that won t bring him closer to his goals.
Amy Porterfield s Blog
I often refer to Amy as the Queen of Social Media . But, she has become so much more than that in recent years. Now focusing on everything from list building to product marketing, Amy is paving the way for other entrepreneurs in a crowded space that needs to hear it like it is. She s simply awesome.
Must Read: 3 Strategies to Rapid List Building – I often say that the health and overall success of your online business is directly tied to your email list. This post (and podcast episode) is compulsory consumption for everyone!
Entrepreneur on Fire
Talk about taking the bull by the horns! John Lee Dumas hit the scene a couple years ago and hasn t looked back. In 2014, along with his partner in crime (and life!), Kate Erickson, he turned his podcasting empire into a thriving million dollar entity something rarely seen in the online infomarketing world.
Must Read: 2014: The Year in Review – John and Kate (some would say the real boss at EOFire!) had a remarkable year. In this post they show you exactly how they did it, along with warts and all! Great annual review write-up.
Copyblogger have long been a guiding light in the very dark tunnel that is content marketing . Brian Clark and his team are still leading the way, with decisions such as cutting comments from their blog, deleting their Facebook page and reinventing content publishing by developing the New Rainmaker platform.
Must Read: Why Copyblogger is Killing its Facebook Page – With social media changing at a drastic pace, sometimes equally drastic decisions are required. Copyblogger shows you the facts behind this big decision.
It s not one of the top ranked social media and content marketing websites on the internet for no reason! Jay Baer and his team consistently publish amazingly thought-provoking and inspiring entrepreneurial content. Whether it s a blog post, podcast, or an episode of JayToday TV subscribe now.
Must Read: Can You Build a Content Marketing Super Brand – I said thought-provoking for a reason. This ll get ya thinking! A deep dive into Jay s mind as he discusses the in s and out s of developing your own super brand.
Marie Forleo s Blog
I do not know Marie. We ve not met, and other than a few brief social media exchanges, we ve never even spoken. But, boy, oh boy can this lady market the hell out of herself and everything she stands for. Want to build a personal brand? Watch what Marie does, rinse and repeat. She s simply awesome.
Must Read: Can t Turn Off Your Bizself? 2 Quick Steps to Flip the Switch! – In this video (she vlogs, instead of blogs) Marie discusses the importance of switching off as an entrepreneur, and gives us a couple of great tips to get started.
Duct Tape Marketing
John Jantsch is an all-star, old school marketing player that has continued to deliver the marketing and sales goods over and over again. His team produce a blog that s a mix of his experience, coupled together with the new in s and out s of online marketing all thrown into one.
Must Read: How to promote Every Piece of Content Your Create – I loved this birds-eye view of how John and his team cross promote their content archive. This shows you the power of on-going marketing for older content.
Michael Hyatt s Blog
When I think of Michael Hyatt, I think of a Leader s Leader . With over two decades of experience in the publishing world, he has since taken online entrepreneurship to a whole new level with his blog, podcast, products and membership communities. He s a one-man leadership, walking talking workshop!
Must Read: Advice to First Time Authors – This is about as real as advice gets. It s short, sharp, to the point and timeless. Michael s take on everything from finding an agent to considering self publishing is must-read material.
Don t Forget THIS Blog, Too!
Along with these awesome bloggers, podcasters, online video producers and all-round content marketing rock stars, please don t forget to continue to tune into this blog and my podcast on a regular basis. I promise you lots of content to help you become the most productive and profitable entrepreneur possible.
10 Influential Business Books You Need To Read To Be Successful
10 Influential Business Books You Need To Read To Be Successful
Take a minute and think about some of the most successful people you know.
I d bet they re great with people, are super-productive, and think differently than most. After all, that s how they got to be where they are today.
Jealous of them? You don t have to be. You can learn these same skills by studying some of the best business books that can help you take your game to the next level. Here s 10 of my favorites.
1. How to Win Friends and Influence People by Dale Carnegie
Dale Carnegie s best-selling book that helped to launch a personal growth empire should be required reading for everyone who wants to learn how to build and nurture relationships for a lifetime. Read this book and you ll learn some simple advice than can help you build popularity points within your current network and just as important, expand it to others.
2. Focal Point by Brian Tracy
Got a lot on your to-do list? Of course you do. But what separates productive people from others is their ability to focus on a singular task at a time, and getting it done before moving on to the next one.
Sounds simple in theory, but this can be extremely difficult in practice. In Focal Point Brian Tracy offers tips to help build discipline and organization into your day so you can get more stuff done.
3. Purple Cow by Seth Godin
Creating a me-too product can be easy at the start but can doom you to business failure. That s why marketing maverick Seth Godin recommends creating a product that is truly different from anything already available in the marketplace.
In essence by making the product different you ll be building the marketing into the actual product development which just makes your actual marketing a helluva lot easier.
4. Magic of Thinking Big by David Schwartz
If you ve struggled with procrastination or small thinking, this is the book for you. In it Schwartz offers practical advice that can help you get inspired and motivated to create a bigger life for yourself. And with it can be a more lucrative and rewarding career.
5. Man s Search for Meaning by Viktor Frankel
It can be difficult for lots of people to keep things in perspective, especially when working on high priority and urgent projects at work. Man s Search for Meaning can be a life-changing book in the sense that it can open your eyes to a first-hand experience of one of the greatest atrocities in the history of mankind, while also teaching a valuable lesson about having purpose.
6. 4 Hour Work Week by Tim Ferriss
Solo-entrepreneurs can learn a ton from the guy who made lifestyle design popular. But guess what? The 4HWW isn t just for guys and girls who want to start a small online business.
Smart moves like outsourcing, following the 80/20 rule, and automating processes should be made by entry-level workers and established executives alike.
7. Think and Grow Rich by Napoleon Hill
I remember sitting on a couch and opening this book on a Saturday morning, thinking I d get through a chapter and then get on with my day. Instead, about 12 hours later, I was finished with the book. The concepts in it were mind-blowing to me.
To think that thoughts can create your reality sounded a little far-fetched at first. But after going through the book and understanding that your thoughts create your beliefs, which lead to actions, which then lead to habits .well you can get where I m going with this.
If you focus your thoughts on success, achieving it will be much more likely than thinking about obstacles, failures and everything else that can get in your way.
8. One Minute Manager by Kenneth Blanchard
If you re going to read one management book in your life, this should be it. It s simple. You can read it in an afternoon. And the advice works.
9. Lean Start-Up by Eric Ries
Before you create any sort of business you ll want to give Lean Start-Up a read through. Doing so can save you money, time and other resources you could have potentially wasted otherwise.
10. The Monk and the Riddle by Randy Komisar
The story Randy Komisar shares in the Monk and the Riddle offers advice about not just about how you need to think when starting a new business, but also about how to build a life you re passionate about.
Understanding the technical aspects of launching a start-up is great, but if you don t have the staying power to stick with it when the going gets tough then it s not likely to work. This book can help you understand this lesson before you spend blood, sweat and tears on a project that you re heart isn t into.
Set a Goal For Yourself
Top 10 business apps for iPhone
When Apple launched the iPhone. many people in the business world including Microsoft’s CEO at the time, Steve Ballmer sneered at it. It didn’t have a keyboard, was expensive, and didn’t even have 3G in its original form. A lot has changed since then, and the numerous updates and tweaks that Apple has made have turned it into the perfect on-the-go smartphone for business.
The App Store is the main driver behind the surge in productivity on Apple’s mobile devices, but it has become very crowded 1.5 million apps, at the last count and finding exactly the right apps can be difficult.
Which is exactly why we’ve compiled this list of the best and brightest apps for doing business on the iPhone.
Prev Page 1 of 11 Next Prev Page 1 of 11 Next
Microsoft brought the Office suite Word, PowerPoint, Excel, OneNote, and so on to the iPhone (and iPad) several years back, and the apps have been getting better and better ever since.
The suite, which is broken down into separate apps, initially needed an Office 365 account to do many tasks like editing documents but that has since changed and Office is now the best way to create, edit, and distribute documents on an iPhone.
Everything syncs to the cloud and documents created on a Windows PC or Mac can be opened and edited seamlessly. It’s the best of the best for productivity and even beats out Apple’s own iWork suite.
Prev Page 2 of 11 Next Prev Page 2 of 11 Next
For those who want a more Google-y experience or, most likely, rely on Google services the company has a good set of apps for the iPhone which do pretty much what you’d expect.
The Google Docs app, which is free and does not require a subscription, can be used to edit, export, and view documents (among other things), making it the perfect way to interact with Google’s productivity software.
The Docs suite is incorporated into one application which can be used to create word, spreadsheet, or presentation documents. Google has worked hard to make it as smooth and seamless as possible and the results are impressive.
Prev Page 3 of 11 Next Prev Page 3 of 11 Next
The Wolfram Alpha app is a mobile version of the website and it can be used to do almost any task. Unlike Google, which can add, subtract and so on, Wolfram Alpha can work out dates, times, food, complex mathematical equations, the weather and so on. The list is endless .
The app costs 2.29 ($2.99 in the US, which is just over AU$4) there is also a subscription option which adds extra utilities and is a valuable asset if you need to quickly work out something obscure, like how many days away a specific date is or the physical properties of white pine wood .
Prev Page 4 of 11 Next Prev Page 4 of 11 Next
Having a dedicated PDF reader can come in handy and Adobe does it best. The Adobe Reader app, which is free, can be used to make edits and comments on PDFs, and much more.
The software can also be used in conjunction with an Abode account, which adds various high-end features like the ability to export files into different formats. Apple does provide a PDF reader in most apps, such as Mail, but having a third-party app can come in handy if you look at, edit, and receive a lot of them.
Prev Page 5 of 11 Next Prev Page 5 of 11 Next
Speaking of PDFs (see the previous slide), one of the iPhone’s biggest flaws is not being able to create them from an image. Luckily, Genius Scan a free app has you covered.
The app has various different options and offers guidance on the best settings camera position, lighting, and so on for creating crystal clear PDFs, which can then be sent via text, email, or another messaging app, or exported to Dropbox, Evernote, Google Drive, or elsewhere.
Genius Scan can also organise PDFs within the app by tags, titles, and so on, making it ideal for creating and then storing large volumes of documents.
Prev Page 6 of 11 Next Prev Page 6 of 11 Next
With more than 400 million users, Gmail is a goliath. Apple does offer support for the service in its own Mail app, but many users like having the Google-made app itself installed mainly because it comes with a number of considerable added benefits.
The biggest advantage of using Google’s own app is that it integrates directly with other Google services, like Docs or Calendar. Invitations can be answered right within the app while Google+ posts for those who actually use Google+ become interactive inside Gmail.
The app has the full range of achieving, tagging, labelling and categorisation features you’d expect, and is quite simply much better than Apple’s built-in client.
Prev Page 7 of 11 Next Prev Page 7 of 11 Next
Slack. the enterprise messaging app, has over three million daily active users, and is spreading to more and more workplaces around the world as companies move past email, which is now seen as slow and hierarchical, for a friendlier solution.
Having Slack on the iPhone is a big bonus and can help with staying in touch on the move, which is essentially what the app is designed to do.
Private and team chats are kept intact, notifications sync between devices, and even the read messages go across, which is especially useful if your team works around the globe and you often wake up to hundreds of new missives.
Prev Page 8 of 11 Next Prev Page 8 of 11 Next
MailChimp is useful for anyone who wants to distribute an email newsletter to a number of people. The service, which launched in 2001, sends over 10 billion per month on behalf of its users and is free for anyone who doesn’t have a massive mailing list.
The iPhone app, which is a free download, does many of the same things as the desktop client but in a miniature format. Lists can be checked, created, edited and emails sent to recipients. Analytics for emails who opened it, where, and so on can also be viewed, giving valuable insights on-the-go.
For those who manage a mailing list via MailChimp, the iOS app is a good thing to have installed on your device.
Prev Page 9 of 11 Next Prev Page 9 of 11 Next
Good to-do list apps are in high demand as the iPhone becomes more and more ingrained into our daily lives. Setting a reminder for long- or short-term goals, tasks, and objectives is an easy way to keep track of everything.
Apple recently beefed up its iOS-based offerings with a new Notes app, which features tick boxes, and a refreshed Reminders app. While these two efforts are good they don’t come anywhere near Things. which has apps across the iPhone, iPad, and Mac.
Things is, essentially, the king of all to-do apps with a list of features that is too lengthy to go into fully, but starts at simple cross-device syncing and ends somewhere around creating tasks that are labelled and repeat every other week. For people with lots to do, Things can’t be beaten.
Prev Page 10 of 11 Next Prev Page 10 of 11 Next
Saving articles for offline use is handy in so many ways. Commuting, for example, is far more tolerable with a lengthy piece from The Atlantic, London Review of Books, or any other publication that is saved offline and therefore not subject to a spotty internet connection.
Pocket can also store videos and has the ability to sync, tag, and search the full text of any article if you get the monthly subscription option.
While Pocket may not be a business app in the truest sense of the word, it’s a valuable addition to any iPhone and makes the commute or any other travel time, or perhaps your lunch break much more interesting.
Prev Page 11 of 11 Next Prev Page 11 of 11 Next
#good business ideas
Not yet a member? Sign up up to Springwise Access today to unlock the following:
+ Exclusive content and thought leadership.
Unique Al Consultancy
Putting innovations in context with actionable advice.
Precision Search Tools
Innovations by industry, region, demographics and business model.
Group innovations in to projects, create reports, and share with team members.
Personalized Browsing Experience
A bespoke and tailored browsing experience, based on your interests.
Bespoke Reports and New Newsletters
Digestible snapshots on the future of your industry
Top 10 business ideas opportunities for 2016
We’ve selected 10 new business ideas that will provide entrepreneurs with plenty of inspiration in 2016. Spotted from countries all around the world, these businesses offer a taste of what’s to come in the year ahead.
We hope that you’ll find these concepts as inspiring as we do, and that they spark even more innovation in the year to come!
For all of the articles and papers discussing the numerous benefits of Big Data, it’s important to remember that all this data still needs to be stored somewhere. As more and more data centres are built every year (it’s a booming industry), enormous expense goes into regulating the temperatures within those centres, with large cooling isolations designed to handle the excess heat produced. Dutch startup Nerdalize offers a new solution which makes use of this waste heat, by placing individual servers in people’s homes where the heat can be useful, rather than a problem. Homeowners can lease the two-in-one heater/server from Nerdalize, who cover the electricity costs of the device. The multiple servers then connect to create The Nerdalize Cloud, while helping to warm homes.
In March, The Prado Museum in Madrid displayed six 3D replicas of famous paintings, which visually impaired visitors could explore through touch. The article we wrote about the exhibit proved to be one of our most popular from the last year, and was just one of many inspiring innovations from museums in 2015. We also saw the MCA Chicago offering free EnChroma glasses to colorblind visitors. enabling them to see artworks in full colour.
As well as becoming more accessible, we saw museums become more personalized, with the Muzeums app creating individually curated experiences based on the visitor s unique profile. The app was similar in principal to the BBC’s experiments with presenting different versions of the same film based on the viewer’s preferences. It should already be clear that personalization, powered by big data, is set to be the major theme for 2016.
Read more about the Prado Museum. which can reduce road collisions by 40 percent.
2016 looks set to be the year that The Internet of Things takes its first meaningful steps into the mainstream. We’ve already seen a number of startups aiming to upgrade existing devices and appliances, retrofitting plugs and switches to turn once dumb objects smart. But as more smart devices enter the household, there will be a growing need for a centralized command center to control them all.
Last year, the most talked about interface for the new, smart home was Jibo. Probably the closest thing to a real life R2-D2 or BB-8, Jibo is a friendly personal robot designed to interact with your Internet of Things devices. But this year’s most fascinating foray into the arena was Knocki. Knocki is a battery-powered disc that transforms any surface it is mounted on into a smart communication tool — translating up to ten knocking patterns into commands for the user’s smart home. Knocki works by sensing vibrational patterns on the surface using an accelerometer-based system. The startup behind the device has a range of suggested uses, for example, two knocks on the living room wall could skip the current song, or five quick fire knocks on the bedside table could set the coffee brewing.
Just like the Nerdalize servers, the best innovations look to solve more than one problem at once. Tackling the dual problems of derelict housing lots and a lack of affordable housing in Amsterdam, Heijmans ONE are complete, self-contained two storey living units. They cost around EUR 700 per month to rent and come equipped with all the basic required facilities, including kitchen, bathroom, separate bedroom, living room and outside patio space. The units can be installed in derelict lots in less than a day, breathing life into neglected areas. When building work is set to start in those areas, the units can be removed as easily as they were installed, and transferred to a new site.
This means that the accommodation can only ever be considered temporary, but another of this year s standout startups, Kasita. makes this nomadic lifestyle their central feature. Kasita is creating simple apartment block ‘scaffold shells’, which are easy to build on small lots of urban space generally classified as not developable. These shells can literally be picked up and moved by a truck whenever — so users can move to other Kasita locations around the world simply by putting in a request on the companion app.
3D printing has the potential to revolutionise the way items are stocked and sold, but it will also have an impact beyond retail. The affordability of the production process means that we’ve already seen the creation of the world’s first robotic hand retailing for under USD 1,000. and this year we discovered E-Nable — a volunteer run network that matches people in need of prosthetic hands with local designers and makers in possession of a 3D printer. In an effort to make prosthetics more desirable for young amputees, we also saw the UK introduce the first line of superhero-themed bionic hands .
The best way to harvest renewable energy is to acquire it from existing sources without too much disruption to the current infrastructure. Putting that theory into practice, the LucidPipe is able to harvest low-cost renewable energy from water flowing through a city’s pipes. The LucidPipe can be installed in any system where water flows downward naturally with gravity, and each piece of LucidPiping contains three small turbines which spin in the flowing water. The turbines connect to a generator on top of the pipe, producing hydroelectric power, which can drastically reduce the cost for the water utilities or be filtered back into the city.
A collaboration between Norwegian oil company Statoil and the Scottish government meant 2015 also saw the introduction of the world’s first floating wind farms. and we saw the creation of smart wind turbines for the home — designed to learn local wind patterns in an effort to save power during periods of low wind activity.
We could hardly look back on 2015 without some mention of drones. UAViators is an humanitarian UAV network, which signs up experienced amateur drone operators willing to provide disaster relief. Drones can capture aerial images faster, cheaper and at a higher resolution than satellites, which makes them excellent tools for communicating the lay of the land after hurricanes, earthquakes and other disasters.
We also saw the University of Nebraska-Lincoln developing autonomous drones that drop delayed ignition parcels to induce controlled forest fires. in an effort to contain the spread of wildfires.
And, of course, we couldn’t write an annual top ten without highlighting our favourite Weird of the Week article from the past year…
Following on from last year’s methane backpacks for cows. the winner of this year’s Weird of the Year award goes to UK-based Kinneir Dufort and their 3D printed pancakes. To create the uncanny delights, a digital camera first captures a customer’s likeness. Kinneir Dufort’s bespoke software transforms brightness from the image into contours, which are then produced gradually by a batter dispenser. The result of all this effort is a 3D printed pancake designed to look exactly like the customer’s face. And that, is true innovation.
Join the Discussion
Office Depot Business Solutions Division: 10% Or More Off Everyday Purshases! #starting #your #own #business
Order Online: Business.OfficeDepot.com
Go online through the Office Depot Business Solutions website everytime you order. By creating your account after using our link (here ) you will automatically be linked to our special pricing.
If you already have a purchasing account through Business.OfficeDepot.com then don’t worry, simply call (866) 226-7283 and we can have your pre-existing account linked to our special pricing!
Order By Phone
Call (888) 777-4044 and Mention Account # 52067721 and receive our special pricing over the phone.
OD Customer Service: (888) 777-4044
OD Technical Service: (800) 269-6888
BAPlus Support: (866) 226-7283
Office Depot Special Savings
Get the Keurig B140 Small Office Brewer for the great low price of $99.99. This coffee brewer is perfect for offices of 15 employees or less. It has 3 brew sizes, 48 oz. removable water reservoir, and can be setup for automatic shutoff for energy savings. Don’t forget to also order your K-Cups from Office Depot also!
Enjoy an average 10% discount on purchases including already
reduced or discounted Office Depot items!
#online business ideas
10 Personality Traits You Need to Start a Business
Traits for Success
Credit: Starting a Business Image via Shutterstock You already know you need a great business idea, a solid business plan and some startup cash to start a business. But, you also need to have a personality that’s suited to being an entrepreneur. Experts tell us the personality traits every entrepreneur needs to succeed.
Lots of Energy
Credit: Happy Workers Image via Shutterstock As a brand marketing and public relations consultant, Lisa Murray has worked with a number of serial entrepreneurs and says one quality they all have in common is their ability to always be on the go.
“Born entrepreneurs don’t know how to power down,” Murray, principal of Murray Whalen Communications, told BusinessNewsDaily. “They emit a constant hum of ideas, plans, strategies and high-octane energy.”
Credit: Sales team image via Shutterstock One of the key signs of a born entrepreneur is the salesmanship and power of persuasion they show very early on for their causes, said business coach and consultant Nancy Eberhardt.
“Whether it is a landscaping business at age 12, or selling magazines door-to-door to fund a school trip, they are persistent in telling you about it and pitching why you need it,” Eberhardt said. “They are almost fearless in who they will approach and present their idea, service or product to.”
Credit: Creativity image via Shutterstock As someone who works almost exclusively with entrepreneurs, Robin Samora, president of the business and PR consulting firm Let’s Make You Shine. said entrepreneurs all tend to have a unique way of fixing issues that may arise.
“They come up with novel ways to solve problems that others can’t even imagine,” Samora said. “Ideas flow and come naturally to them.”
Credit: Think Positive image via Shutterstock. Even in the worst situations, successful entrepreneurs always see the opportunity to glean something new, said Lili Balfour, founder of the investment banking firm Atelier Advisors.
“When their world is falling apart, they remain calm, knowing that there is a lesson to be learned.” Balfour said. “They are grateful for what has worked out and learn from what has not worked out.”
Thrives in uncertainty
Credit: Curious image via Shutterstock Especially when first starting out, executive coach Elene Cafasso said entrepreneurs are able to function without a lot of certainty.
“If you are someone who becomes paralyzed when there are too many moving pieces and too many contingencies, then owning your own business is not right for you,” Cafasso said.
Credit: Dreamstime.com Tomas Chamorro-Premuzic, a research affiliate with Hogan Assessments. believes entrepreneurs have an opportunistic mindset and are always prepared to take advantage of every situation.
“They see opportunities where others don’t,” Chamorro-Premuzic said. “Few people are driven to pursue them.”
Learns from mistakes
Credit: Embarrassed man image via Shutterstock New York wedding expert Nadia Digilov said entrepreneurs all have a willingness to learn from their mistakes.
“Natural entrepreneurs analyze their behavior and are not afraid to admit that they have made a mistake,” Digilov said. “They attempt to correct negative behaviors more easily then non-natural entrepreneurs.”
Credit: Dreamstime The mind of an entrepreneur is always at work, said Richard Stiennon, chief research analyst and founder of analyst firm IT-Harvest.
“He or she cannot turn off the flow of ideas,” Stiennon said. “Every problem is an opportunity to build a business to solve it.”
Credit: Dreamstime Business consultant Paul O’Leary believes born entrepreneurs have a natural gift for gab.
“They are assertive, direct and to-the-point with a sense of urgency,” O’Leary said.
Credit: Dreamstime.com Hope Katz Gibbs, founder and president of Inkandescent Public Relations, said that as an entrepreneur herself, she believes those who are born with the characteristics needed to run their own business all are willing to get back up after being knocked down.
“Our ideas aren’t always successful, but the thing that differentiates us is that we don’t give up — or give in,” Katz Gibbs said. “We just learn from what didn’t work, and what did, and start again.” Ultimately, she said, entrepreneurs are the last ones standing.
Find Your Business Idea
Ready to figure out what business idea is best for you? Try our Business Idea Generator. Answer 21 yes or no questions and we ll tell you the top five business ideas that might work for you. Click here to get started. Don t worry, it will open in a new window and you won t lose your place in this countdown.
10 ways to trade penny stocks
MIAMI, Fla. (MarketWatch) — The allure of penny stocks is simple: They don’t cost much money and promise big profits. But trading penny stocks is also a good way to lose money.
• Hulbert: The groundhog won t see any bears
• Extra: Should gold bugs buy miners or bullion?
• Kudla: Auto stocks are ready to roll
• Kacher Morales: Precious metals looking up
• Kahn: We are living in a material world
• Lowell: Fear and leap year
Omar Aguilar, chief investment officer at Charles Schwab, tells MarketWatch’s Jonathan Burton investors are transitioning to a search for growth from a flight to quality.
Sure, it’s possible to profit when you understand the game, but the odds are against you when you don’t. And worse: manipulators and scammers often run the penny-stock game.
For investors who can’t afford shares of Google or Apple, the potential gains from trades like this are too good to pass up. So penny-stock trading thrives. With a relatively small investment you can make a nice return if — and this is a big if — the trade works out. For example, say you buy 10,000 shares of a $.30 stock for $3,000. If the stock reaches $1, you’ve made $7,000, doubling your money. Read more: 5 strategies if you have less than $3,000 to invest. )
Dollars and sense
Penny stock promoters make sure to attach a disclaimer to their email, Twitter, or Facebook page, and take advantage of this language to embellish and deceive. Read more: Stock touts prey on investors’ inflation fears.
Penny stocks and their promoters also tend to stay one step ahead of securities regulators, though just last month the Securities and Exchange Commission charged a Florida-based firm, First Resource Group LLC, with penny-stock manipulation. Read more: Simple rule: Don’t buy a penny stock.
Even with these clear dangers, some people insist on trading the pennies. So, if you find yourself on the receiving end of a telephone call from a penny-stock promoter, or you spot an advertisement that promises dollars from your pennies — and you still decide that maybe penny stocks aren’t wooden nickels, just remember these 10 rules:
1. Ignore penny-stock success stories
Timothy Sykes, a penny-stock expert who trades both long and short, says you must not believe the penny-stock stories that are touted in emails and on social media websites.
“You have to say no,” Sykes said. “You can’t invest in penny stocks as if they were lotto tickets, but unfortunately that’s what most people do, and they lose again and again. Think of penny stocks as inmates in a prison that you can’t trust.”
Instead, Sykes says, focus on the profitable penny stocks with solid earnings growth and which are making 52-week highs.
2. Disregard tips and read the disclaimers
Penny stocks are sold more than bought — mostly via tips that come your way in emails and newsletters.
Facebook IPO: What could go wrong
What could trip up Facebook s march to one of the biggest IPOs in history? Shira Ovide discusses on digits. Photo: Getty Images.
“The free penny-stock newsletters are not giving you tips out of the goodness of their heart,” Sykes said. “If you read the disclaimers at the bottom of the newsletters, they are getting paid to pitch a stock because their investors want exposure for the company. There is nothing wrong with wanting exposure, but almost all penny newsletters make false promises about their crappy companies.”
Sykes says there is a difference between stocks making a 52-week high based on an earnings breakout and stocks making a 52-week high because three newsletters picked it. Reading the disclaimers at the bottom of the email or newsletter, which the SEC requires them to do, will usually reveal a conflict of interest.
“Most newsletters don’t tell you the truth,” Sykes said. “They are being compensated to pump up the stock, and they rarely tell you when to sell. Often it’s far too late.”
One allure of penny stocks is you can make 20% or 30% in a few days. If you make that kind of return with a penny stock, sell quickly.
Unfortunately, many traders get greedy, aiming for a 1,000% return. Considering that the penny stock you’re in might be getting pumped up, take any profits and move on.
4. Never listen to company management
In the murky penny-stock world, don’t believe what you hear from companies.
“You can’t trust anyone,” Sykes said. “The companies are trying to get their stock up so they can raise money and stay in business. There is no reliable business model or accurate data, so most penny stocks are scams that are created to enrich insiders.”
Sykes says large rings of the same people run promotions using different press releases and companies, including the reappearance of a notorious stock manipulator who was first convicted for an email pump-and-dump scheme when he was in high school.
Although shorting pumped-up penny stocks may seem attractive, don’t do it.
Penny stocks are too volatile, and if you’re on the wrong side of the trade, you could easily lose 50% or more on a short squeeze. Another problem is that it’s difficult to find shares of penny stock to short, especially those that made huge moves based on hype and newsletter tips. Leave shorting penny stocks to the pros.
6. Focus only on penny stocks with high volume
Stick with stocks that trade at least 100,000 shares a day. If you trade stocks with low volume, it could be difficult to get out of your position.
“You must be aware of the number of shares traded and the dollar volume,” Sykes said. He also suggests that you trade penny stocks that are priced at more than 50 cents a share. “Stocks that are trading less than 100,000 shares a day and are under 50 cents a share are not liquid enough to be in play,” he added.
Because the bid-ask spreads on many penny stocks can be high, as much as 10%, hard stop-losses can actually cause you to lose money.
Although it takes more concentration, use mental stops. “I focus more on risk-reward than stops,” Sykes said. “If I want to make a dollar a share on a three-dollar stock, I will cut my losses at 20 cents so I have a 5:1 risk reward. I aim for 3:1 or 4:1, but not 1:1 or 2:1. If I think a dollar stock has only 50-cents upside (2:1), my mental stop loss will be at 10 cents because the risk-reward is better.”
8. Buy the best of the bunch
Sykes looks to buy penny stocks that have had an earnings breakout.
“I love buying penny stocks when they have good earnings, or when they are breaking out to 52-week highs on volume that is at least a quarter million shares a day,” he said. “They are easy to find if you look.”
The challenge is to find stocks that make 52-week highs that aren’t due to a pump-and-dump scheme. Examples of penny stocks that have fit Syke’s criteria in the past include Tangoe TNGO, +3.15%. Magal Security Systems MAGS, +0.21%. and Staar Surgical Co. STAA, +2.87%.
9. Don’t trade large positions
“You really need to be careful with position sizing,” Sykes said. “I learned the hard way not to trade big. My rule now is not to trade more than 10% of the stock’s daily volume.”
In addition, he said, limit your share size so you can get out of the stock faster.
10. Don’t fall in love with a stock
Every penny stock company wants you think it has an exciting story that will revolutionize the world. If you enter the penny stock arena, be cynical, do your own research, and diversify, even if a friends or family member is touting a stock.
Penny stocks have earned their bad reputation, so beware.
Michael Sincere (www.michaelsincere.com) is the author of “Understanding Options,” “Understanding Stocks,” and “Start Day Trading Now.”
Copyright 2016 MarketWatch, Inc. All rights reserved.
No results found
#cottage industry ideas
Are you planning to go home based while earning a significant sustainable income? If yes, then below are the top ten low overhead cottage industry ideas you can start today .
Starting a small business from home is cool. At least, it gives you the freedom to work anytime you want—from anywhere and at any point in time. I am going to be really conversational in this post, so I want you to play along with me.
A cottage industry can include anyone who’s working from home selling or offering product or services. In this present age, you can make a full living operating your own cottage business right from home Without mincing words, bellow are eleven super cool, money making cottage industry business ideas:
Top 10 Low Overhead Cottage Industry Business ideas
What You Need to Consider Before Starting a Cottage Business
Though, starting a home cottage business sounds like a good idea. Of course, it’s profitable and flexible but there are many things you have to put into consideration before starting. I suggest you take your time to test the waters before going fully into the business…
Are you good at writing or designing? Or, do you love soap making, editing or completing surveys. There are lots of cottage businesses you can start but you need to first review your talents, and identify what you like doing!
Exclusive Cottage Business Ideas…
Content mills like iwriter, Elance and Guru.com are looking for professional writers to help with content writing. 3years ago, while building my online business, I worked as a freelance writer on iwriter.com and generated a monthly profit of $300 — $500. For content writing, you should have a portfolio and samples to prove to clients that you are worth hiring!
Seriously, there’s so much money to be made online. This young boy: Bamidele Onibalusi generates a monthly profit of $5,000 working from home, spending just 5 hours daily, writing articles… With content writing, your possibilities are limitless. You too can quit your day job and start earning $8,000 writing just like Tom Ewer .
Tip: Remember, no one is born a great writer. Practice makes perfect. Join writing portals like Constant Content, Ehow, Squidoo, Blogging.org and Yahoo’s associated content to start earning today!
Are you good at teaching Mathematics or playing musical instruments or you have a talent in teaching different foreign languages. If you answered YES to the above question, then you can actually make money by starting a tutoring business
People are willing to pay to learn how to speak Chinese, type, dance, sow, cook, write or prepare foreign foods. If you are good in any of these topics, you could start up a blog or market yourself in your local newspaper.
People who are willing to learn these things will gladly pay you as long as they get the value for what they paid for. To get started, you can offer to teach for free to build reputation. Don’t start out big. Offer tremendous value and don’t expect to charge much. You could offer to teach someone to speak Chinese Language for a measly fee of $50.
Otunba Akin Alabi, the CEO of Nairabet visited China recently for business and was handed a flier by a Chinese dude. He wanted to trash the flier immediately but he tried to be polite. When he was about going into the elevator, he looked at the flier and was amazed at what he saw:
“Learn To Speak Chinese Fluently in Just 2 Weeks!’’
Now I love that. That young Chinese dude must be a smart cottage businessperson. He was offering a service that teaches foreigners how to speak Chinese! He knew they were foreigners who’re dying to learn Chinese, and would pay anything to learn it.
3. Start Making soaps
Are you good at making soaps? Or do you have flair for soap making. You can make a living by making soaps. All you need to do is to promote your soap business and collaborate with gift baskets companies to provide them with scented, soaps.
Other Cottage Industry ideas to Consider
You don’t need to be an experienced English speaker to start a proofreading business. Publishers are in need of talented proofreaders. You can actually make a living off editing if you understand the basic rules of spelling Grammar and punctuation. You can join Elance.com and Freelancer.com to get started. Or, set up a website and rank organically in the search engines.
As a final note, I am quite sure you have many home business ideas. Just remember this: an idea without corresponding action is dead. So start a low-cost cottage business that you can manage from home and I will see you at the top.
Top 10 best business desktop PCs (August 2016)
Plus a handy buying guide
While workforces have become far more mobile, there is still a need for the traditional office desktop PC. It remains the most cost-effective computing device as it’s easily maintained and has the most powerful solutions available on the market.
Despite the drop in laptop prices and increase in mobile processor power, there are still distinct advantages to running desktop systems in an office environment, which is why the desktop remains the most popular form-factor for computer systems.
Speaking of form factors, the desktop PC has evolved significantly over the past three years beyond the monoliths that mid or mini-towers are.
The range of available desktop systems is as wide and varied as business needs themselves, ranging from a few off-the-shelf units for an SMB to the deployment of thousands of basic desktop PCs and everything in between.
The types of desktop PCs
A recent development in the desktop PC world has been a modest diversification of the system case. The typical business PC comes in a mini-tower box, which is probably best sited under or next to your desk.
But if space is at a premium, a smaller case would be a better choice. Dell, for example, delivers its Optiplex models in mini tower, ‘thin’ desktop and ‘compact’ small form factor sizes, each model offering the same computing power but in a different case.
Three other formats that have grown in popularity are:
 All-in-one. otherwise known as AIO, which combine the monitor with the base unit. The move to power-efficient components, the falling price of LCD panels and the ubiquity of touch functionality make AIO an increasingly popular choice for businesses. The all-in-one PC essentially resembles a slightly larger than normal LCD display that contains the processor, hard drive and memory built-in to the screen casing. The end result is a very elegant, clutter-free desktop PC.
 Ultra-small form factors. otherwise known as net tops or mini PCs, which borrow a lot of their designs (and components) from laptops. They are essentially laptops without a screen, input peripherals and a battery.
 HDMI dongles which have been inspired by tablets and smartphones and often share parts with the latter. These are usually used for display signage or in niche markets. They are usually not powerful enough for most tasks but things are likely to improve by the end of 2016.
Top 10 best business desktop PCs in the UK
To help narrow down your search for the ideal system for your business, here are Techradar Pro’s top 10 business desktop PCs in no particular order.
1. Zoostorm 7260-3041
The cheapest desktop PC going
CPU: Intel Celeron 1037U | Graphics: Intel HD Graphics | RAM: 4GB | Storage: 500GB HDD | Connectivity: Gigabit Ethernet | Dimensions (W x D x H): 18 x 40 x 36cm