"Interestingly, koi, when put in a fish bowl, will only grow up to three inches. When this same fish is placed in a large tank, it will grow to about nine inches long. In a pond koi can reach lengths of eighteen inches. Amazingly, when placed in a lake, koi can grow to three feet long. The metaphor is obvious. You are limited by how you see the world."
-- Vince Poscente

Monday, March 29, 2010

The 50 Riskiest Online Cities

Business Sherpa says… “Not happy we made this list--Indianapolis #25.”

By Jeremy A. Kaplan
FOXNews.com

By comparing cyberattacks, malware infections, and spam zombies with the prevalence of hotspots, online purchases and so on, Symantec has ascertained the 50 riskiest online cities.



To Read More About the 50 riskiest cities … click here.

Sunday, March 28, 2010

Life Plan Before Business Plan

This blog post kicks off a three part series on Start-up Success for Small Business Trends. Great advice for anyone looking for success in their entrepreneurial path.

By Melinda Emerson, Smallbiztrends.com

Many people dream about owning a small business. You may be one of those people who have had a “notion” for years that someday you would be president of a company, successful beyond your wildest dreams. Turning that dream into reality is an evolutionary process. It involves not only having a solid business idea but also knowing the “business of running a business.” You will need to get your arms around stuff like accounting, marketing, and operations, but before you dive into crunching numbers for your business plan, consider this:

It is my strong belief that would-be entrepreneurs need to develop a life plan before they ever write a business plan. Why, you ask?

Because entrepreneurs who don’t get clear about what they want from life run the risk of starting a business that might not be a good business for them.

To read more ... click here.

New Indiana alcohol law raises businesses' spirits

By Julie Crothers, IndyStar.com
Law will be good for sales, they say, though ID rule may be a hassle.

Indiana's bars, restaurants, liquor stores and microbreweries hope to boost their business, thanks to a series of new alcohol provisions recently signed into law by Gov. Mitch Daniels.

Effective March 12, the new statute extends Sunday drinking hours to 3 a.m. and repeals the prohibition of Election Day alcohol sales. Beginning July 1, Sunday carryout sales at microbreweries will be allowed.

Senate Enrolled Act 75 also aims to curtail underage access to alcohol by requiring any establishments that have carryout sales to card all customers who appear younger than 50.

Overall, owners of bars, restaurants and microbreweries say, the law -- which passed the legislature overwhelmingly -- should bring a slight uptick in business because they will have more hours, on Election Day and Sunday, to sell their products.

Business Sherpa says... "Good changes with the exception of requiring everyone under 50 to show ID--not sure of the "benefit" of such a provision"

To read more... click here.

Friday, March 19, 2010

'Jugaad' Economy - Entrepreneurship in India

Ryan Streeter, Legatum Institute Senior Fellow
17 March 2010, Legatum Perspectives


Entrepreneurship in Asia may be the least understood of today’s most exciting economic phenomena. Even in developed western economies, researchers and analysts are only now beginning to understand the economic contribution of the enterprising class of innovators, business owners, and risk-takers we call “entrepreneurs.” Entrepreneurship in Asia is even less well understood, despite its popularity.

India is increasingly important as a laboratory of bottom-up, gritty, individualistic entrepreneurship, different than, say, the Chinese model. Harvard University’s Tarun Khanna, an expert on Chinese and Indian entrepreneurship, has in his work contrasted China’s government-driven, top-down style of enterprise with India’s “interesting, vibrant way of doing things...in the private sector...far away from government intervention.” Understanding how enterprising individuals in India think and act is important to understanding the larger Indian economy and its future.


to read more... click here.

Thursday, March 18, 2010

Asperger’s Can Aid The Workplace

By Gwen Parkes
Jobs.AOL.com


From author/speaker/animal scientist Dr. Temple Grandin to blogger/speaker/career expert Penelope Trunk, it's become clear that people with Asperger's Syndrome, or Aspies, as some like to be known, have a role to play in the workplace. It's often a critical one and they can execute it successfully, albeit awkwardly and with struggles the rest of us can't quite imagine.

People on the autism spectrum are pattern thinkers, visual thinkers and verbal thinkers. According to Grandin, they provide a counter-balance in a world where "we are getting too abstract and away from the hands-on."

to read more... click here.

Wednesday, March 17, 2010

VCs Push StartUp Visa Act

A group of investors is in Washington to push for passage of a bill that they say would make it easier for foreign entrepreneurs to stay—and create jobs—in the U.S.

By Douglas MacMillan
BusinessWeek.com

During recent travels abroad, Shervin Pishevar says he witnessed flourishing tech communities in places like Russia, Argentina, and Jordan. "There's a tremendous amount of talent out there," says Pishevar, an Iranian-born entrepreneur and angel investor now based in Silicon Valley. He wants to ensure global talent can take root in his adopted country, too.

So on Mar. 3, Pishevar joined a group of more than a dozen other investors and tech luminaries on a three-day trip to Capitol Hill. Talking point No. 1: the StartUp Visa Act of 2010, a bill introduced by Senators John Kerry (D-Mass.) and Richard Lugar (R-Ind.) in late February that would create a new type of visa for foreign entrepreneurs looking to start businesses in the U.S.

Pishevar and other proponents say the legislation would help the country compete for talent and create new companies that would employ American workers at a time when joblessness is rampant. "This bill is a small down payment on a cure to global competitiveness," Senator Kerry says in an e-mail to Bloomberg BusinessWeek.

to read more... click here.

Monday, March 8, 2010

Yelp: Advertise or Else?

Note from Larry B: "Don't get "Yelped" It should become routine business practice for business owners to review the "reviews" posted online on all sites and respond accordingly."

Yelp: Advertise or Else?
The site faces a lawsuit—and a barrage of criticism—for mingling ads and reviews

By Peter Burrows and Joseph Galante
Bloomberg Business Week, March 3, 2010

Getting Yelped. That's the term angry business owners have started using when they feel unfairly criticized on the popular review site. Now Yelp is being forced to deal with its own unanticipated criticism. In a federal lawsuit filed in California on behalf of Long Beach's Cats & Dogs Animal Hospital, attorney Jared Beck claims that Yelp routinely highlights negative customer reviews unless business owners agree to advertise with the company. Beck, a Harvard-trained trial lawyer in Miami, says dozens of businesses have contacted him with similar allegations, and he plans to file an amended complaint with more companies in the coming weeks. "This is not an isolated incident," says Beck. "This seems to be a companywide practice."

To read more... click here.

Friday, March 5, 2010

Son Isaac on Camel in Tangiers

Son Isaac on Camel in Tangiers
"Sometimes your only available transportation is a leap of faith."-- Margaret Shepard