Monday, May 16, 2011

Good to Great

The book "Good to Great: Why Some Companies Make the Leap... and Others Don't" (Jim Collins 2001) is a top ten business book. Collins sorted through over 1,400 companies looking for those that made substantial improvements over time. Collins concludes that truly great companies cultivate a corporate culture that rigorously promotes people to think and act in a disciplined manner.
More Business and Management

Sunday, May 15, 2011

How to Succeed in Business

The 1967 film "How to Succeed in Business Without Really Trying" tells the story how J. Pierpont Finch, a young window-washer with big ambitions, buys a book called How to Succeed in Business and earns a rapid succession of promotions through a combination of charm, luck, and careful strategy. Matthew Broderick starred in a Broadway revival of the film in the 1990s.
More Business and Management

Thursday, May 12, 2011

Business valuation

There are several methods of calculating the value of a business. One general business rule of thumb says the purchase price of an existing business is roughly one times the next twelve months' net revenue.
More Business and Management

Wednesday, May 11, 2011

Andrew Carnegie

Andrew Carnegie established American's steel industry. Carnegie came to the U.S. as a Scottish boy in 1848. After several jobs he established his own steel company that grew to be America's largest. Carnegie gave $350 million away as gifts to community and education organizations. His foundation is credited with spending nearly $60 million to build 2,500 libraries throughout the world.
More Business and Management

Tuesday, May 10, 2011

National debt

The United State registered its first national debt in 1791 when it owed creditors $75 million dollars. The national debt steadily decreased to its lowest historical level of $45 million dollars in 1811. Since then, the debt has increased, especially during times of pronounced defense and entitlement spending. The current national debt is over $14 trillion dollars and climbing
More Business and Management

Monday, May 9, 2011

Oprah Winfrey

"Leadership is about empathy. It is about having the ability to relate and to connect with people for the purpose of inspiring and empowering their lives." --- Oprah Winfrey.
More Business and Management

Sunday, May 8, 2011

Lemonade Day

Lemonade Day is a nation-wide event that teaches kids the skills they need to be successful. Celebrated the first Sunday in May, children learn to set goals, develop a business plan, establish a budget, seek investors, provide customer service, and give back to the community. Lemonade day is the perfect opportunity to show kids they care and train the next generation of entrepreneurs.
More Business and Management