Invisible Entrepreneurs

Written by Mike Banks Valentine


Imagine yourself so tiny you're sliding down a nanotube. These things arerepparttar latest tech invention that are so small that only single molecules can pass through them. Now imagine that you arerepparttar 106338 size of a mouse, that'srepparttar 106339 thing under your right hand there, hovering just aboverepparttar 106340 "Delete" button - ready to click.

The comparison in size between a single molecule sliding down a nanotube andrepparttar 106341 size ofrepparttar 106342 computer mouse is actually vast beyond comprehension. But there are bigger things likerepparttar 106343 Apple sitting near my mouse. It's an IMac and still small by computer standards. Apple Employed over 175,000 people worldwide in 1999 and they are considered a "small" company because they have "only" five percent ofrepparttar 106344 personal computer market. Just a tiny fraction you might say. Nearly nothing. Almost invisible.

But Apple is not quite too tiny to see. They arerepparttar 106345 size of a tasty bit of fruit worthy of a snack by investors and, with over a BILLION Dollars inrepparttar 106346 bank - in CASH - Appple might be said to be doing well by most standards. Certainly by my standards. I am one of those itsy-bitsy single molecules sliding downrepparttar 106347 nanotube of business. I am too tiny to see and so are you. In fact nearly fifty percent ofrepparttar 106348 US economy fits in that category of too tiny to see. Under 10 employees earning less than ten million per year. We are invisible.

But how can half of anything be invisible you say? Half ofrepparttar 106349 economy is too tiny to see? Well, apparently so. Must berepparttar 106350 dark side ofrepparttar 106351 moon. The back half that is not visible to anyone.

My tiny mind took this invisible path this evening after reading a paragraph atrepparttar 106352 end of a CBS Marketwatch news story. A paranthetical afterthought to REAL news reads:

Loudcloud said it's selling its managed-services business to EDS for $63.5 million in cash. They raised $350 million in debt and equity overrepparttar 106353 years and it now has roughly $100 million left. What's more,repparttar 106354 global recession has made it difficult for small companies to land big accounts. "Demand shrank," said Andreessen. "People are looking for big companies (to work with)." Loudcloud raised $172.5 million and had a market valuation of $439.5 million, according to Dealogic. Shares of Loudcloud jumped 22 percent to $1.99.

Use “Boy Scout” Advice to Reduce Business Costs

Written by Susan Carter


The Boy Scout organization’s long-standing mantra is one every business owner should adopt as his/her own: Be Prepared!

All right, I hear you. “Duh, Susan! Of course that’s good advice!”

Well, as elementary as it may sound, in business it’s better than good advice -- it can be cost-saving advice! In fact, if you’re not heeding this simple "be prepared" message, you might be throwing away $1000s over a very short period of time!

Think I’m exaggerating? Think again.

Here are just a few examples:

1.Your secretary/receptionist is going on vacation. You call a temporary staffing agency to hire someone to come in forrepparttar two weeks she will be basking inrepparttar 106337 Bahamas. Do you outline specific assignments or tasks (in advance) so thatrepparttar 106338 person knows what to do when he/she arrives to work for you? Or do you take up YOUR valuable time to teachrepparttar 106339 temp everything he/she needs to know “as you go”?

Cha-ching! That’s costly training time.

2.Same employee. Same Bahamas vacation. Do you letrepparttar 106340 "real work" pile up untilrepparttar 106341 secretary returns and then overload her with deadlines so she ends up putting in overtime?

Cha-ching! Overtime wages are one and a half to two times greater than regular hours worked – and it puts a strain onrepparttar 106342 employee, too, making her regret ever having takenrepparttar 106343 vacation.

3.Do current employees know what’s expected of them during "down time" when business is a little slow? It’s one thing for employees to be bored with what they’re doing. It’s quite another thing for them to be bored because they’re doing nothing.

Cha-ching! That “downtime” is money out of your till.

4.Have you ever redone a task because it was done incorrectlyrepparttar 106344 first time?

Cha-ching! You’ve just doubledrepparttar 106345 cost of doing it.

5.Have you ever taken or sent someone on an unplanned trip torepparttar 106346 supply store because you didn’t know you were running out of toner or copy paper? What about running out of postage inrepparttar 106347 middle of a mailing that MUST go out today?

Cha-ching. Short-sightedness can be costly.

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