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February 5, 2013
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Bold Ventures 
  • Turning a coveted domain name into a valuable business
    After attending a conference that touched on the importance of domain names, Jesse Stein snatched up the rights to SportsMemorabilia.com for $12,500. Stein hired a knowledgeable executive team and emphasized the importance of using SEO to get a favorable ranking on Google. The company, which Stein bought in 2006, took in $19.5 million last year. Inc. online (free registration) (2/4) LinkedInFacebookTwitterGoogle+Email this Story
Leading the Pack 
  • How to become a better leader
    It's important for company leaders to focus on the big picture and avoid getting sucked into day-to-day issues, writes Dave Balter, founder and chief executive of BzzAgent. "A leader is the only one who can drive the big strategy, so being caught in the weeds will only undermine the ability for everyone else to win," he writes. Leaders should pursue big ideas and get rid of employees who can't get the job done, he writes. Inc. online (free registration) (1/31) LinkedInFacebookTwitterGoogle+Email this Story
Finance & Growth 
  • Advice for accepting investments from your family
    Before accepting money from a family member to fund your startup, you should forge a legally binding agreement, according to Kelly Azevedo of She's Got Systems. "Interpretations differ, memories degrade, and if you're relying on a handshake alone, then your relationship and business can suffer," she notes. Other experts say entrepreneurs seeking family investments should be honest about the risks and avoid taking money that you know relatives can't afford to lose. American City Business Journals/New York/Young Entrepreneur Council (2/4) LinkedInFacebookTwitterGoogle+Email this Story
The Whole Entrepreneur 
  • Tips to reduce stress
    Research shows job burnout increases the chances of developing heart disease or having a stroke, so take steps to turn down the stress, Ben Fanning writes. "Question whether you really have to watch the news on TV every night or whether spending some quiet time with music or reading might be preferable," he writes. "Just turning ... the intensity down a notch can make a big difference." SmartBrief/SmartBlog on Leadership (1/31) LinkedInFacebookTwitterGoogle+Email this Story
Ideas for Innovators 
  • How constraints provide space for innovation
    Having limited funding for your startup may not seem like a good thing, but constraints -- financial or otherwise -- can be a blessing in disguise, writes Whitney Johnson, co-founder of Rose Park Advisors. Constraints can help entrepreneurs to gather feedback quickly and focus their innovation efforts, she notes. "Whether they are limits on space, time, money or other resources, constraints can improve our agility and get our synapses firing at lightning speed," she writes. Harvard Business Review online/HBR Blog Network (2/4)
Fortune from Failure 
  • Understanding the causes of startup failure
    Ninety percent of startups fail, and that includes startups that generate huge buzz in their early days. "[S]ome fail due to a lack of vision and others have terrible timing. Ultimately, there is a lack of foresight which might have saved their companies," says a spokesperson for Allmand Law, which analyzed successful and failed startups for an infographic included in this article. Mashable (2/4) LinkedInFacebookTwitterGoogle+Email this Story
SmartQuote 
If you start small, you succeed small."
--Dave Balter, founder and CEO of BzzAgent, writing at Inc. online.
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