Hooray for starting a business at home. I did. And that business now has more than 40 employees, multimillion dollar sales, market leadership in its niche–and no debt. Still, back then, when I started, there was a certain stigma to the home business. I fought that stigma by never apologizing for the home base and [...]
Once upon a time the so-called “home office” market was a pot of gold hidden at the end of a rainbow. Maybe it will be someday. And, maybe more important than that, home office businesses are at the very least real, employing people, getting things done and growing. I first noticed the so-called home office [...]
With all the talk surrounding the landmark book Free by Chris Anderson, I want to recommend Steve King‘s post “Free isn’t a Business Model, But it is a Business Strategy” on his Small Business Labs blog. I’ve followed the Free controversy myself, and posted about it here on this blog, and here on the Huffington Post, [...]
The programming may not be any better, and the advertising is threatened, but the televisions themselves, the hardware, are a growing market. Steve King points that out in his post today called The Death of TV Exaggerated on his Small Business Labs blog. The average U.S. household has 2.86 televisions. That compares to 2.43 per [...]
Many years ago I was leaving a job as a vice president at a market-research firm to go out on my own when several of the other four vice presidents at the firm suggested I was crazy to do that. Their worry was security, family and so on. My wife and I had four small [...]
Very interesting piece on BusinessWeek.com today, “Is Entrepreneurship Declining.” John Tozzi gets two contrary points of view from two people I’m proud to know and admire: Scott Shane and Steve King. John picks up the right links: Scott says yes and Steve says no. Both pieces are well-written and well-researched. William Blake said, in The [...]
My thanks to Steve King and Carolyn Ockels of Emergent Research for this slide show of their small business trends predictions for this year. I’m a regular reader of Steve’s SmallBizLabs blog. This collection is class food for thought. 2009 Top 10 Small Business Trends View more OpenOffice presentations from Steve King. If you don’t [...]
Steve King of Small Business Labs has a nice post Wednesday on necessity entrepreneurs. Citing UC Santa Cruz professor Robert Fairlie, Steve says: Fairlie is the lead author behind the Kauffman Index of Entrepreneurial Activity and a leading entrepreneurship researcher. His work shows that self-employment increases during times of economic stress and flattens out during good [...]
There’s an excellent post yesterday from Steve King of Emergent Research on his Small Biz Labs blog: If You Are Raising Money, You Need a Business Plan. Steve acknowledges that people say venture capitalists don’t read plans, but adds: “that is totally missing the point.” He says: The goal is not to get a VC [...]
So put this together: research in the Harvard Business Review examines two specific markets and says the Chris Anderson theory of the Long Tail doesn’t hold up in reality. That’s followed by an excellent analysis by Anita Campbell on Small Business Trends, pointing out that while the long tail might not work for large corporations, [...]