Trendwatching: Follow Trends To Discover Business Ideas Ahead Of The Crowd

Trendwatching: Follow Trends To Discover Business Ideas Ahead Of The Crowd, by Elizabeth H. Cottrell, IAHBE Editor—Why are trends important to entrepreneurs? The early bird gets the worm. Forewarned is forearmed. Be prepared. Expressions become clichés because there is truth in them. Students of business history know that many of the world’s great fortunes were made because someone recognized an opportunity before anyone else and jumped in to capitalize on it before everyone else climbed on the bandwagon...

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Stimulus Opportunities: Is there an entrepreneurial windfall in your state's federal stimulus program?

Stimulus Opportunities: Is there an entrepreneurial windfall in your state's federal stimulus program?, by Yank Elliott, MBA & IAHBE Writer—Every catastrophe, economic or otherwise, carries a number of opportunities all around its fringes. You have probably heard the frequently repeated phrase from the White House Chief of Staff, Rahm Emanuel, and others to the effect that “any crisis is too good an opportunity to waste”—meaning to use it as an excuse for pushing an unpopular idea through Congress. That is just what this article is about, i.e., the President’s economic stimulus program and the opportunities surrounding it. We discuss possible ways to take advantage of this program, as well as how you will need to put significant effort into finding what avenues are open for you to profit from the stimulus...

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The Shock Doctrine: The Rise of Disaster Capitalism, by Naomi Klein

The Shock Doctrine: The Rise of Disaster Capitalism, by Naomi Klein, reviewed by Yank Elliott, MBA & IAHBE Writer—The Shock Doctrine hit me like a bomb when it revealed things about all those economic conditions I had just accepted as things that happened and would eventually pass. This book must have had a similar impact on many people, because it remains No. 337 among Amazon’s best sellers. The ideas presented are significant for business, large and small, because they show how opportunities surrounding every catastrophe may be used to benefit those who identify and act upon them. Much has been in the media about the politics of never letting a crisis go by without using it to achieve some difficult goal. It works in business as well...

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