Entrepreneurial

Small businesses cheer midterm results

– George A. Cloutier is the founder and CEO of American Management Services and the author of the bestselling book, “Profits Aren’t Everything, They’re the Only Thing”. The views expressed are his own. –

Last week’s midterm elections have provided an emotional boost for many small businesses, according to a survey conducted by American Management Services.

About 73 percent of small business owners said they felt more optimistic about the future of their company due to the Republican gains, in a survey of more than 300 small business owners in 25 states following the Congressional elections. The participating companies all employ at least 25 employees and are considered the job-drivers most likely to hire new workers.

Still despite their optimism, just 5 percent said they were considering hiring more workers based on the election results and 64 percent were not planning on adding additional workers at this time – debunking some claims that small business would step up hiring quickly with a new and clear political direction.

Twenty-six percent did indicate they might hire, but are waiting to see if business actually improves.

Exclusive: Survey says small businesses upbeat about 2011

Small businesses are feeling better about the economy and are looking to grow in 2011, according to a new survey released this week by online marketing firm Constant Contact.

Of the more than 1,400 small business owners that responded to the survey (view full results), 73 percent expected their companies to grow over the next 12 months and nearly 40 percent felt “positive” about the economy over the course of the next year.

“They see the darkness behind them and looking forward they see some light,” said Eric Groves, Constant Contact’s senior vice president of global market development. He added the survey is a “followup” to the Waltham, Massachusetts-based company’s larger spring polling of roughly 4,000 small businesses. Groves said Constant Contact has more than 400,000 clients, predominantly small to medium-sized businesses.

Bringing order to the chaos of student life

As a freshman at the University of Pennsylvania, Jay Rodrigues had a tough time balancing his academic studies, work in student government and his fraternity commitments.

“There was no way of communication,” said Rodrigues about organizing his life on campus, adding he would also miss a lot of live music events, because he would hear about them after the fact. “It was so disorganized.”

His college conundrum led Rodrigues to create DormNoise, a Web-based calendar tool that helps students organize more efficiently.

Four wheels and style to burn

– By Regina Schrambling. This article originally appeared on SecondAct.com. –

First food trucks gave eager young chefs a route into the restaurant world. Now a new fleet of entrepreneurs is close behind with seriously cool mobile retail.

On weekends, one of the hippest places to shop in SoHo In New York sits at the corner of Broadway and Prince, with street artists to the west, trendy stores all around and an endless stream of tourists and shoppers flowing past on the sidewalk. Danceable music pulses out of speakers to stop the human stream long enough for it to notice a show window with graphic T-shirts and collectible toys on display. And every few minutes, a passerby becomes a patron, handing over $35 in cash for a tee and providing a smiling photo op – everyone who buys is snapped with a Canon digital camera, his/her visage to be posted on a website.

from Environment Forum:

Detroit vs. Silicon Valley as green auto hub

Composite image shows an aerial view of downtown Detroit (left) October 16, 2006 REUTERS/Molly Riley, and a view of a rainbow over San Jose City, California, Feb. 5, 2009 REUTERS/Juan Carlos Ulate

There's a debate touring its way around the blogosphere these days: should the new green auto industry be based in Motor City Detroit or shiny, happy Silicon Valley?

The Valley in southern San Fransisco Bay area is already a hub for electronics expertise - certainly a cornerstone in the pursuit for innovative design and engineering. The world's largest high-tech companies, including Apple, Google, Facebook, and Intel are headquartered there.

The culture of the region, a recent NPR series pointed out, is "where people are used to taking a chip, a cell or an idea and working on it until it becomes something big."

Cloud technology lifts “accidental” entrepreneur

– Cindy Bates is vice president of Microsoft’s U.S. SMB organization where she is responsible for the company’s end-to-end SMB sales and marketing efforts. The views expressed are her own. –

Recovery from the recession has been frustratingly slow for many whose jobs disappeared as companies shrank or even vanished.  Many have decided to take the plunge and start their own businesses.

This generation of business executives has become known as “accidental entrepreneurs.”  But a recent Microsoft survey discovered their ability to launch and succeed in a business was no accident – it was made possible to a great extent by technology.

from PopTech:

Edit your life and win a green contest

Graham Hill's latest design initiative, Life Edited, is a contest to renovate a 420 square-foot apartment in New York City in a way that will radically reduce your carbon footprint. With $70,000 in cash, prizes and a design contract, why not enter it?

Hill, who is the founder of TreeHugger.com, which is now a part of the Discovery network, is on a mission to help everybody get rid of all the unnecessary clutter in their lives. In New York City, this is particularly essential if you want to remain sane. A good way to start is by "ruthlessly editing," as Hill says, your minimal personal space in a green way. Speaking from personal experience, it also clears some (much needed) space in your mind.

In New York, this shouldn’t be so hard to do. In fact, stripping your belongings down to the bare essentials is a regular occurrence given the limited space of most apartments and the fact that various furry -- and not so furry -- freeloaders find clutter to be a perfect place to set up home, as I recently discovered.

from PopTech:

Making it right in New Orleans

PopTech speaker Tom Darden is the executive director of the Make It Right Foundation, the organization started by Brad Pitt to rebuild affordable, green homes in New Orleans' lower ninth ward. Make It Right has already built 50 homes and are in the midst of construction for another 30. Their initial goal is to build a total of 150.

So far, Darden has helped raise $36 million for the foundation. In 2009, Darden was named Louisiana's Young Entrepreneur of the Year by the Small Business Administration. After being in New Orleans for four years now and having worked with the foundation since 2007, Darden explains why his work is so essential and how these types of homes can transform a family's quality of life:

More from Tom Darden:

Make It Right partnered with award-winning architects who worked pro bono to design homes based around the needs of lower ninth ward residents. Design features such as covered porches and wide front stairs allow residents to maintain social connections to their neighborhood, preserving the "culture of engagement" that characterized the neighborhood prior to Hurricane Katrina.

from Reuters Money:

1099 tax rule may bring big pain to small business

The new rules on 1099 forms, which were attached to the health care bill and are set to go into effect in 2012, call for all businesses, no matter how small, to file 1099 forms for goods as well as for services. That sounds like a technicality, but it’s got small business up in arms.

Here’s why it matters, and what you need to know.

rWhat exactly is the rule, anyway?

The new rule requires all business to file 1099 forms for goods as well as services, if those goods cost over $600 annually (the current threshold). It also gets rid of the distinction between corporations, which previously did not need to receive 1099s, and unincorporated entities, which did. The rule is slated to go into effect in 2012.

Who will it affect?

It will affect all businesses, including sole proprietors, consultants, self-employed people and freelancers, who are considered businesses for tax purposes, but may not think of themselves that way. It also will apply to charities and other tax-exempt organizations. The National Taxpayer Advocate, based on Internal Revenue Service data, figures that it will affect 26 million sole proprietorships, 4 million S corporations, 2 million C corporations, 3 million partnerships, 2 million farms, 1 million charities and other tax-exempt organizations, and likely more than 100,000 federal, state and local government entities. All told, that’s more than 38 million taxpayers and taxpaying entities.

from PopTech:

Does our economy make us happy?

FRANCE/

By Lisa Gansky

The opinions expressed are her own.

Does our economy make us happy?

The crash-and-burn of the financial system, a prolonged recession, and high unemployment obviously cause us enormous distress. We are forced to ask ourselves, “What can we afford now?”

The collapse has also made many of us rethink what we care about. We're finally asking, “Are all these things we’ve been buying (and probably still making payments on) truly making us happy?”

I started asking myself related questions long ago. Where do we look to derive value? What’s the source? As I talked with people, did research, and listened more intrusively to my own internal voice, I realized that in the process of choosing and buying we are actually being engulfed (essentially consumed), by the stuff in our lives.

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