Despite the threats of tight credit, and concerns about the effect of the failure of the ‘bailout’ on “Main Street,” not everyone is worried. I spoke with two people today who received startup loans. One got a loan for a professional practice with 10 percent down and no co-signer. The second got an SBA loan […]
Back in 1984, Alvin Toffler wrote The Third Wave, in which he said we were in the midst of a change from the Industrial Society to the Information Society. The world of business has been heading in this new direction for over a quarter century. Are you?
In the October 2008 issue of Entrepreneur […]
Well, I spoke too soon on Sunday. Looks like the off/on/off bailout is off at the moment. The House of Representatives said “no” to the bailout, and already stock markets around the world are reacting.
I would say that “irrational exuberance” is rapidly turning to “irrational discouragement.” Hang on and don’t […]
Paul Newman died Friday of cancer at the age of 83. It’s hard to imagine this world without Paul Newman in it. He was not only a great movie actor, but he was a humanitarian, a businessman, and, in a culture where people get divorced at the drop of a hat, he was married […]
My husband is now a “double dipper.” It used to be that the term “double dipper” referred to people who retired from the military with another post-retirement government job . In my husband’s case, he retired from his company and is now working part-time for a company that does work for his old company (got […]
Lawmakers just announced the settlement of the $700 billion financial bailout, after much discussion. Whew! I for one am relieved.
The bailout does include limits on pay of executives. Most of us would agree with that, except for those execs, that it. And the legislation contains measures to help prevent […]
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I went back to school at age 53 to get a PhD. I thought I was too old, and that I would be learning alongside kids. I was surprised to find that most of the people in the school were baby boomers, just like me. And we aren’t alone. According to […]
I recently visited a Frank Lloyd Wright-designed home in Iowa. On the wall, there was a little red plaque about 8 inches square. The guide said that Wright only would put one of those plaques on a house if the owners agreed to let him design it exactly as it wanted. They couldn’t change anything. […]
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Miranda Marquit (Yielding Wealth) says that the real problem with our economy is consumer debt. Darn right! From the biggest investment banks down to “mom and pop” households, we are buried in a mountain of debt.
Don’t believe me? How about these facts?
MSNMoney says, (and I quote):
About 43% of American families […]
I love helping people start their own businesses, and I don’t see any reason why you shouldn’t start one right now. Am I crazy? Maybe, but not for that reason. If you want to start a small business in the midst of this “recession/depression,” consider a business that will be “recession-proof.”
I’m not sure what the […]
business advice for boomers
Written by Jean Murray [email] for b5media.
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