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Small Business Boomers

Archive for January 2008

January 11th, 2008

Quote of the Week: Google Founder Sergei Brin - Success will come from simplicity

GOOGLE founder Sergei Brin recently was asked in CNN Money how to succeed this year. He said, “Success will come from simplicity.”
I treasure simplicity; the simpler things are, the better I like them. Life is so cluttered that the more we can un-clutter it, the better. Sergei Brin says that technology […]

By Jean -- 1 comment

January 10th, 2008

Baby Boomers now officially eligible for Social Security - look out!

In case you haven’t heard, the first baby boomer is now eligible for Social Security. Kathleen Casey Kirshner turned 62 at one minute after midnight on January 1, 2008.
So what does this mean for the economy? The Wall Street Journal isn’t sure - is it a bad thing for all the boomers […]

By Jean -- 0 comments

January 9th, 2008

Mythbuster #2 - Entrepreneurs are risk takers

Myth: Entrepreneurs are risk takers.
The Truth: The derivation of the word “entrepreneur” includes the concept of ‘risk-taking.’ And many people assume that entrepreneurs (small business owners) are risk-takers. Like the late Evil Knievel who cheated death many times before his recent (November 2007) death at age 69.
But look carefully at this […]

By Jean -- 2 comments

January 9th, 2008

Housing Bust and Retail Real Estate

Residential housing and retail real estate are closely linked.  The boom in housing produced a follow along boom in retail real estate.  Now, the housing bust is producing a similar bust in retail real estate.
Suddenly, choosing the retail site where you locate your business is a much bigger deal.  First, there is a glut of […]

By jim -- 0 comments

January 8th, 2008

It’s nice to know we’re not alone, but …

Sunday I had an interesting conversation with a high school teacher from Mongolia.  How this came about is a long story with which I shall not bore you.  She is in her mid-30’s, married with 2 grade school children.  He husband attends grad school at the University of Indiana.  She teaches Russian in Mongolia.  That’s […]

By jim -- 0 comments

January 7th, 2008

Henry Ford and the price of coffee

When Henry Ford started the Ford Motor Company he initiated many ideas which were revolutionary for the time.  One of the most denigrated by other industrialists was his the high level of pay he gave to  his workers.  It was socialist thinking. 
Ford calculated that only a well paid middle class could afford his automobiles over […]

By jim -- 1 comment

January 6th, 2008

Quote of the week: Enjoy!

Enjoyment is not a goal; it is a feeling that accompanies important ongoing activity. – Paul Goodman
I’ve been thinking more about the concept that I mentioned a few blogs ago - Do what you like and […]

By Jean -- 0 comments

January 6th, 2008

The Political Season Really Begins

It’s the season to make political comments, because the national debate over who will be the next president of the United
States does matter to us personally as small business people.
I’m not particularly a Mike Huckabee fan, but he did hit on something when he commented that people were looking to vote for someone like their […]

By jim -- 1 comment

January 3rd, 2008

Care Givers

All Baby Boomers are at that point in their lives where aging parents and relatives need some extra help.  The cost are real and need consideration.
Recently, my mother-in-law fell of a stair and broke an ankle.  My wife has spent the past two weeks down in Chicago helping her out.  Just before New Years my […]

By jim -- 2 comments

January 3rd, 2008

Small Business Myth Busters - Myth 1: Your Credit Rating

I’ve been around long enough to hear just about everything, and I’m often surprised by the stuff that small business people believe about starting and running a small business. Much of this stuff is negative and causes people to believe that they can’t start or run their businesses effectively. So, I’ve decided to […]

By Jean -- 1 comment