Why Entrepreneurs Make Terrible Investors by Bill Harris
Inc Magazine takes a look at how entrepreneurs make bad investment decisions. The emotional compass of an entrepreneur can be too large when investing, forcing individuals to make untimely decisions. The short-term focus that entrepreneurs acquire is the skill set that makes them unsuccessful investors.
4 Ways to Find Your Brand’s Voice by the Daily Muse
The Daily Muse identifies four methods to develop an authentic brand voice. First, pick a demographic to target. Second, decide the emotional response you want your brand to evoke in consumers. Third, create a test group in order to craft the brand’s messages. Fourth, find other brands who have similar voices.
Gain Competitive Advantage- by Questioning Old Habits by Harvard Business Review
The Harvard Business Review explains in a short video that industry myths hinder company progress. The video focuses on a myth in the newspaper industry that claimed consumers enjoyed the old fashioned habit of printing on large sheets of paper. Yet, when newspapers reduced their size of paper, the newspaper industry improved sales. The video encourages businesses to identify myths in their industries and change them, in order to receive competitive advantage.
Toronto’s Tumblrs: New Crop of Start-Ups Await the Big Time by Kenneth Rapoza
Forbes discusses the importance of starting up a business in Toronto. Since Toronto is one of the top centers of innovation, has the most start-ups in Canada, and the government is financially backing small businesses, Toronto is arguably the best place in the world to be a start-up.
Sleep Deprivation: Just as Bad for Performance as Alcohol by Jessica Stillman
Inc Magazine takes a look at how long work hours affect entrepreneurs’ work performance. They discover that getting drunk and not sleeping enough have roughly the same impact on performance. The article encourages entrepreneurs to think about the valorization of over-working driven by a sleep-deprived, dysfunctional culture.
Listed for $190 Million, This is America’s New Most Expensive Home for Sale by Morgan Brennan
Forbes reports on the real estate listing of America’s most expensive home for sale in Greenwich, Connecticut. Greenwich, located close to New York City, is home to the country’s most priciest ZIP codes and retired wealthy Wall Street residents.
Video: Pitch to Rich 2013 by Jack Preston
Virgin Media Pioneers puts on an annual competition for entrepreneurs in the UK to pitch their business ideas to Richard Branson. The Pitch to Rich competition gives entrepreneurs a great opportunity to share ideas, receive mentorship and get a following.
Did Marissa Mayer Pay Too Much for Tumblr? by Allan S. Roth
Inc Magazine investigates whether Yahoo paid a fair price to acquire the social media platform, Tumblr. Experts say that which a successful revenue model, Tumblr could be worth ten times the amount of what Yahoo paid, $1.1 billion.
10 Habits College Entrepreneurs Should Forget at Graduation by Matthew Toren
Entrepreneur Magazine points out the habits of college students and encourages graduates to break them. This article is worth a read if you are a recent graduate and looking to start up a business.
Embrace the Business Model That Threatens You by Leonard Fuld
The Harvard Business Review encourages companies to embrace threatening business models by responding with a hybrid approach. This strategic logic allows businesses to address market shifts while upholding its legacy business model that made the company successful at its start-up.