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December 27, 2012
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Bold Ventures 
  • Entrepreneur teams up to keep his small energy company afloat
    Adam Standiford, who is running a small energy company in Montana, recently formed a strategic partnership with another company, Weil Group Resources. Standiford is currently exploring the possibility of acquiring some gas wells. "This is an exciting time for me, my family and our business, and I'm both confident and optimistic of the things to come," he said. Rigzone (12/25) LinkedInFacebookTwitterGoogle+Email this Story
Leading the Pack 
  • Leadership versus logorrhea
    As CEO of industrial-equipment manufacturer Barry-Wehmiller, Bob Chapman emphasizes the American "crisis of leadership" and gives speeches touting his own, more caring and people-focused approach to leadership. That's ultimately just "saccharine prattle," writes Michael Hiltzik, as evidenced by Chapman's willingness to abruptly lay off workers and shutter a plant in Southern California to take advantage of tax breaks in Ohio. Los Angeles Times (tiered subscription model) (12/26) LinkedInFacebookTwitterGoogle+Email this Story
Finance & Growth 
  • 3 calculations you must make as you price your product
    If you're running a new company, it might be tempting to set a rock-bottom price for your products, but doing so can backfire, A.J. Kumar of Single Grain writes. To determine the proper price for your products, you should consider the cost of materials, labor and overhead that goes into producing them. The markup you can add to your products will depend on the industry in which you operate, he writes. VentureBeat/Young Entrepreneur Council (12/24) LinkedInFacebookTwitterGoogle+Email this Story
The Whole Entrepreneur 
  • 11 things to do during the slow season
    For many companies, business tends to slow down at this time of year. If this is the case at your startup, you can use your time productively by looking back on 2012, setting goals for the future or taking a little break. "It's vital for entrepreneurs to take time away from their business and recharge their batteries," motivational business speaker Colin Sprake says. It's also a good idea to expand your knowledge or upgrade your company's technology, Maria Valdez Haubrich writes. Entrepreneur online/The Daily Dose blog (12/25), (12/20) LinkedInFacebookTwitterGoogle+Email this Story
  • How successful people stop stress in its tracks
    Stress is a fact of life in the business world, but, by taking the right approach, you can deal with it in a productive manner, Heidi Grant Halvorson writes. It's important to reserve some of your time for an interesting task and to get into a routine that allows you to reduce the number of decisions that you have to make on a daily basis. "Every time you make a decision ... you create a state of mental tension that is, in fact, stressful," Halvorson writes. Forbes (12/23) LinkedInFacebookTwitterGoogle+Email this Story
Ideas for Innovators 
  • Busting popular innovation myths
    Thomas Edison's famous assertion that "I have not failed. I've just found 10,000 ways that won't work," is not actually a good way to approach innovation, Greg Verdino writes. The problem is that the quote focuses on quantity of ideas, but quality is also important, Verdino writes. And ideas alone aren't necessarily enough to drive innovation. "To create value, innovation must focus on solving a clearly defined challenge ... through applied creativity, a clear path to implementation, and an eye on accountability," he writes. (12/23) LinkedInFacebookTwitterGoogle+Email this Story
Fortune from Failure 
  • Don't set up your website to fail by giving the geeks total control
    Too many small-business leaders shunt responsibility for their company's Web operations onto a handful of tech-savvy IT operators, Dan Kaplan writes. That's the wrong approach: Tech specialists might be able to keep the site online, but it takes a marketer's hand to maximize ROI. "Your tech team absolutely needs to have a seat at the table, but your website is a marketing tool and you need to think of it that way," Kaplan writes. American City Business Journals/Baltimore (12/26) LinkedInFacebookTwitterGoogle+Email this Story
Though we all want to win new business, landing a new client that really doesn't 'have a better mousetrap' can be a losing proposition in the long run."
--Michael A. Olguin, president of Formula PR, writing at Inc. online
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