| October 28, 2009 |
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- While profits grow, brewery retains small feel
Kim Jordan has helped New Belgium Brewing become the country's third-largest brewer of craft beers, with 2009 revenues expected to top $100 million. Yet Jordan says she still runs her company like a small business, where employee input is welcomed and core values such as "having fun" inform every decision. She says one of her main roles is putting the brakes on adding new rules "just because that's what big companies do." Entrepreneur magazine
(11/2009)      
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 | Partnering for Cures: Dec. 1-3
Join experts in medical research at this inaugural FasterCures meeting. Uniting the passion of medical research foundations, the power of philanthropy, and the focus of biopharmaceutical companies, this meeting will catalyze a more effective and efficient medical research enterprise. www.partneringforcures.org. |
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- The good news behind falling investment levels
The total dollar amount invested by venture capital funds has been in decline, but experts say that's only partly because of the recession. Many startups simply don't need as much money to gain traction as they used to, investors say. "Great outcomes aren't as linked to money-in," according to one venture capitalist. The Globe and Mail (Toronto)
(10/27)
- Make your Web site work harder
A ThomasNet survey finds that 70% of business owners intend to try new sales tactics as the recession drags on, and Rieva Lesonsky argues that a company Web site is the best place to make such changes. The goal is to "make it as easy to do business with you online as it is offline," she writes. AllBusiness.com/The Small Business Blog
(10/22)
- Entrepreneur shares business advice with anyone
Software entrepreneur Jason Fried holds regular "CEO office hours" during which anyone can call him to discuss anything. Fried, chief of 37signals, says he is trying to mimic the "very personal sort of attention" that professors give their students. While customers are welcome to call with software issues, Fried says many callers have been entrepreneurs wanting to discuss their business ideas. Chicago Tribune
(10/26)
- Businesses run on big ideas
Visionary business leaders such as Henry Ford and Warren Buffett have been motivated by "a big idea" rather than sheer profit, John Hope Bryant writes. After the "offensive" greed of Bernard Madoff, he writes, it's time for "a return to the power of good ideas as the source of our wealth, prosperity and opportunity." Forbes
(10/22)
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If you were to consider moving your business to another state, what would be your top criterion?
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Tax policy |
49.33%
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Workforce preparedness |
21.78%
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Regulatory environment |
19.11%
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Real estate prices |
9.78%
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Less isn't always more: Entrepreneurs often prefer adjectives such as "less" and "lower" when discussing the ideal business environment. Lower taxes, lower real estate prices and less regulation are all predictable priorities for anyone looking to relocate to a business-friendly state. So we were surprised when "workforce preparedness" sneaked in at No. 2 in our poll -- the one area in which "higher" is clearly better. As states such as Michigan debate ways to encourage business growth, they'll need to remember that there is such a thing as too low. --Robert Jones, SmartBrief on Entrepreneurs contributing editor
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What do you like least about being an entrepreneur?
 | Stasis is not an option."
--Kim Jordan, CEO of New Belgium Brewing, as quoted by Entrepreneur
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Recent SmartBrief on Entrepreneurs Issues:
- Tuesday, October 27, 2009
- Monday, October 26, 2009
- Friday, October 23, 2009
- Thursday, October 22, 2009
- Wednesday, October 21, 2009
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Contributing Editor: Robert Jones
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