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Franchise Player: Sport Clips Snips With Sizzle![]() We recently started frequenting a local outpost of one of the fastest-growing franchises in the nation--Sport Clips. The concept alone has to make any entrepreneur green with envy (and probably green with cash if he happens to own one). Like Mallrats From a Sinking Ship![]() Americans need stuff--we just need it. If you need proof, just look at the way we went out and spent last weekend despite months of apocalyptic news about the economy. But a recent story in Newsweek seems to suggest we're willing to look for new ways to get our stuff. Last year, for the first time in almost 50 years, no new indoor malls were built in the U.S. Not one. But obviously it's not that we've stopped buying things. It's just that more and more people are becoming smart shoppers instead of free-spending consumers. read more...
Start-Up Invests in Thirst for Market Knowledge![]() This month ZepInvest rolls out a website intended to give average investors, entrepreneurs included, access to previously exclusive reports, newsletters and advisors. Recession Official; Shoppers March On
Trying Out Twitter (fakebookcovers.com update #1)![]() About a month ago, I started a website (www.fakebookcovers.com) of fake book covers with fake excerpts. It's half-inane hobby and half-business project. I'm learning about online marketing strategies, how to drive traffic, how to make revenue from ads and overall, how to make it succeed. Plus, it's more fun than shooting womp rats in my T-16 back home. I first wrote about it here. Anyway, my agent/guide, Kim Orr, recently told me that Twitter had replaced blogs. Or so Wired Magazine had told her. So I looked into Twitter. read more... Downturn Dampens Millionaires' Dalliances![]() Take, for example, these thrifty tales from a Time Magazine story on "Recession and the Rich", written during the 1974-75 recession:
Survey: Entrepreneurs' Outlook Grim![]() "Small businesses are continuing to feel pressure in this weakening economy," said Discover small business card director Ryan Scully. "The number of owners having trouble paying their bills is the highest we've seen since April and more than half of owners are cutting back on their business development plans, which is an all-time high." read more... The Summit Series: Day Four![]() After three days of intense networking, the Summit is drawing to an end. It has been an unforgettable ride and an amazing experience as an embedded writer. While every individual has a story to tell, what strikes me most is the lack of ego. Proving oneself goes out the window, replaced by a mutual understanding of the pains and accomplishments that binds these individuals together.Entrepreneurs are driven by their passion, they envision solutions when others can only identify problems, they are persistent and send out a hundred e-mails when necessary to prove that the cause they believe in is legit, and they bring to life what started off simply as an idea. And yet these individuals don't brag or boast but instead they talk, opening up the platform for meaningful conversation. read more... The Summit Series: Day Three![]() There's nothing quite like an open bar of free-flowing booze to get people talking and a night of partying that, for some, only ended with the dawn of a new day, to bond a group of people. On to the third day. Morning becomes afternoon and people are still recovering: ordering snacks by the pool and relaxing on the lounge chairs only steps from the beach. Attendees are hurting and a new schedule is implemented (hallelujah for the entrepreneurial spirit, which embraces and applies flexibility and adaptability). The presentation by Scott Harrison of Charity: Water is delayed by half an hour. read more... The Summit Series: Day Two![]() As much as this four-day summit may seem like the ideal vacation and escape from the demands of the office, for an entrepreneur, the clock never stops ticking. Business must go on. So as we sit down to a breakfast of sweet papaya, French toast and yogurt, the BlackBerries are out in full force. We might be thousands of miles away from the office in L.A. or their employees in New York City, but they're somehow still connected, and consulting the BlackBerry is one habit hard to break away from. read more...
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