Economic Trends

 

On Paradigm Shifts and Other Business Buzz Words

I was mowing the lawn one day and a woman was walking her collie past our house. I remember thinking about that old Lassie cliche “What’s that, boy? Timmy fell in the well?!” So I started playing with other things that Lassie might tell her owners: “What’s that boy?…

 

 

Google Misses Mark with Small Business Network

Google recently sent around emails inviting people to its “Small Business Network.” Seeing the words “small business” I was all excited and, of course, more than curious. Too bad it did not live up to expectations. What is the Google Small Business Network? The Google Small…

Small Business Optimism is Down, but Sharp Upturn Expected

The NFIB’s latest report on small business sentiment is out.  The NFIB’s Optimism Index is one of the longest standing indices of small business sentiment, and so I tend to place a lot of weight on it. It shows that conditions and sentiment are not a pretty sight among small…

Startups and Sole Proprietors – How Does Your Area Rank?

Does your area have a lot of sole proprietors — have you ever wondered?  And what about startups — will you find other startup entrepreneurs in your chosen city? Using the ZoomProspector website I ran some heat maps that show concentrations of sole proprietors and startups across the…

Entrepreneurial Pessimism or Worse News Coming on the Job Front?

Recently, I took a look National Federation of Independent Business (NFIB) data small business hiring to see what was going on with entrepreneurs’ hiring plans. In its monthly survey of its members, the NFIB gathers two important statistics on this question: “job openings,” which…

In Capitalism, Executives Do Not Get Rewarded for Failure

The public’s outrage over the AIG bonuses is so strong, you can almost taste it.  As the facts unfolded this past week and a half, one thing became increasingly obvious:  AIG executives and the American public have such differing perceptions of AIG’s situation –…

Grass Not Always Greener in This Economy, Say Small Business Owners

According to a recent survey, small business owners do not necessarily think the grass is greener on the other side.  When it comes to the impact of the recession, they think their competitors were harder hit.   The above chart is from a recent Network Solutions survey conducted in conjunction…

Latest Obama Plan: Not Too Relevant for Small Businesses

My latest column at the OPEN Forum looks at President’s Obama’s recent announcement on Monday of the latest small business economic plan. While I think it is positive for some segments of small businesses, overall the main question that comes to mind is:  “how relevant is it to…

The Obama Stimulus Plan and Small Businesses – Join Us for a Townhall Meeting

Mark your calendars for Thursday, March 5, 2009 at 3:00 PM Eastern time (Noon Pacific time). I will be one of the featured panelists in an Intuit Small Business United Townhall meeting, via Facebook. The topic we’ll be discussing is the Obama Stimulus Plan and what it means for small…

Do VC Investments Made in a Bad Economy Perform Better?

Every so often, one of my friends comes along and asks me a really interesting question, and instead of doing the work I should be doing, I spend hours trying to answer it. Last week, Frank Peters of Tech Coast Angels (and the Frank Peters Show) asked me one of those questions. He wrote that many…

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