| February 1, 2013 |
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- How leaders can be better sellers
Every leader is a salesperson at heart, spending their days pitching ideas, deals and products to potential customers, employees, suppliers, corporate partners and the board, writes Daniel Pink. To carry out that role successfully, it pays to strike a balance between introversion and extroversion. The best bosses are those "who can talk smoothly but also listen keenly, who know when to turn on the charm but also when to turn it off, who combine the extrovert's assertiveness with the introvert's quiet confidence," Pink writes. The Washington Post
(1/28), The Washington Post
(1/29)
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- Legal tips for launching a startup
It may seem natural to split equity evenly among the ownership team, but this isn't the best strategy, writes Aaron Lumnah, drawing on advice from Mick Bain of the law firm WilmerHale. One of the founders will be contributing more than the other ones, and this person should have decision-making authority. Among other legal tips: Structure your business as either an S-corporation, a C-corporation or a limited liability company, and incorporate in Delaware. BostInno (Boston)
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- What would Benjamin Franklin do?
If you want to get more productive, follow Benjamin Franklin's example and join a group of driven individuals, writes Samuel Bacharach. "A community of intellectual support will motivate you to get to work, sharpen your ideas, and impress your peers," he writes. It's also important to understand, like Franklin did, that time is valuable and in short supply. Inc. online (free registration)/Pragmatic Leadership blog
(1/31)
- Don't neglect your retirement
Many entrepreneurs, focused intently on their businesses, owners fail to prepare adequately for retirement. Betting on the sale of your business can be a risky retirement strategy. Other options for entrepreneurs include SIMPLE IRAs, individual 401(k)s or SEP IRAs. U.S. News & World Report
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- Good innovators know that less is more
The best innovators focus on getting rid of stuff, and developing products and processes that deliver memorable and meaningful results with the least effort possible, writes Matthew E. May. "They adopt a 'less is best' approach to innovation, removing just the right things in just the right way in order to achieve the maximum effect through minimum means," he explains. Strategy+Business online (free registration)
(1/28)
 | Don't expect to be perfect. But don't go jump into things expecting to fail, or eager to fail, either."
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Recent SmartBrief on Entrepreneurs Issues:
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