Profit Minded

Entrepreneurship, Boomers and Knowledge: Small Business reading for March 1st, 2013

Growing WisdomSome of the best stories from the past week on Advisor - in no particular order.

Baby Boomers' say they are more entreprenurial than their offspring. [There is evidence to support this and also evidence against it. Certainly more older people are starting more businesses and are they tend to be more successful at it than younger people - but more younger people are also starting more businesses.]

Shaking the Bode Tree: The Value of Knowledge. [Another great post from Chris Myers of Bode Tree discussing how much better it is to make decisions from a position of knowledge than pretending not to hear bad news.]

How funding mompreneurs is good for Kimberley-Clark. [Taking word-of-mouth to a whole new level and enabling some entrepreneurial activity at the same time.]

Three ways personal financial advisors mislead you. [Ramit Sethi has some counterintuitive financial advice that is also useful for helping you set priorities.]

Global Trading Tips: The Fivefold Path To Quality Control. [Stuart Whitmore of Alizila provides some great tips for those of you outsourcing manufacturing or supply.]

Trusting Your Team: A business owner's 'aha' moment. [Words to live by as you expand and take on employees.]

Six little things that tell your customers you don't care. [Some mistakes to avoid...]

Why you can't fire employees for complaining on Facebook. [Important advice if you are facing this issue.]

Lessons learned from Tom Brady taking one for the team. [Some good leadership/teamwork lessons in this article.]

If you haven't taken the plunge yet, hopefully some of these articles give you the impetus to start your own business — and if you do, we have tools to help. Besides our domain name, web hosting and ecommerce products, we also have just added an innovative marketing dashboard that you can try for free even if you don't use our other products.

Some other great small business articles from around the web this week.

20 Small Business Survey Results you should be aware of in 2013. [Nice roundup of some surveys about small businesses. As always take research data with a grain of salt until you've looked at the survey itself.]

5 Top picks for small business cloud-based accounting. [Some good information here if you are looking into putting your accounting information into the cloud. Note - this is not for everyone - you have to feel comfortable that your company's financial data is safe in the cloud.]

Five ways mistakes can make a business better.

10 Ways you can cut business costs today. [Why not try one out immediately?]

The Value of Women in Startups (Infographic). [Some really interesting information here. I suspect it won't be a surprise to about 50% of us....]

Have a great week, watch the bottom line and let us know in the comments if any of this was especially useful or if you have any advice you'd like to share. Follow us on Twitter and Facebook!

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