Midweek Reading: Brexit, Human Labor, and New Ideas

Last week’s Brexit vote has been the top headline in every news source; here, economists and business leaders discuss how it will affect small businesses and entrepreneurs. While automation is becoming a bigger factor in the overall economy, human labor is becoming a mark of luxury, a sign of the personal touch in a world…

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Midweek Reading: Audits, Vacations, and Innovation

The IRS is finding that audits are an ineffective way to close the “tax gap” with small businesses, and in 2015 recouped its smallest total from audits in 13 years. A survey found that two-thirds of small business owners think taking a vacation is good for their business, but only 25% actually did so. Google…

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Midweek Reading: Ali, Women in Business, and Sustainability

The late Muhammad Ali shared his thoughts on leadership, and the most important traits for leaders, in his memoir written with his daughter. The Good Work Institute provides entrepreneurs with unexpected advice: slow down and focus on sustainability and fundamentals, not explosive growth. Nearly 1 in 15 working-age adults has a past felony conviction, massively…

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Midweek Reading: Capital and Crowdsourcing

Head of the US Small Business Administration Maria Contreras-Sweet talked in an interview about the importance of improving entrepreneurs’ access to capital. People have turned to the crowds for help raising money, and now small businesses are going to the crowds for help making business decisions, using crowdsourcing to replace the focus group. The new…

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Midweek Reading: Names, Pharmacists, and Injuries

A good business name matters, so avoid these four major business name mistakes, including difficult spelling and ambiguity. There are nearly 300,000 licensed pharmacists working in the US, many still with independent pharmacies holding off the national chains. This interview with an independent pharmacist looks at the challenges of the business. According to an extensive…

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Midweek Reading: Consultants, Authenticity, and Typos

With more entrepreneurs using crowdfunding campaigns to fund their businesses, a new industry of crowdfunding consultants is popping up, helping with 12% of Kickstarter projects last year. Many studies are coming out showing the power of emotional intelligence in business—but they are complemented by studies showing that it must be accompanied by authenticity, being genuine.…

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Midweek Reading: Big Orders and Self-Help

When entrepreneurs get their first big order from a national retailer, it can create new challenges with producing at a much larger scale and more complicated logistics. As more and more people get out of the traditional work model of having a job that reports to a boss, self-managing time and productivity is increasingly important—and…

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Midweek Reading: YouTube, All-Stars, and Luck

Small businesses are reaching out to YouTube influencers and stars to feature their products or services, drawing attention and recognition. When you have an all-star employee, what should you do to retain their services when they likely have other opportunities? Professor Robert Frank argues that luck plays a much larger role in the course of…

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