Jacquelyn Lynn, Business Writer, Speaker

Lessons from Young Entrepreneurs

I love it when young people get bit by the entrepreneurial bug, take the leap, and build successful businesses. Especially in these challenging times, older business owners can learn from how these young folks did it. Check out Charlene Davis' article, What Young Entrepreneurs Can Teach Us About Business, for some great stories and lessons that will benefit business owners of every age.

Garfield the Cat on Planning

I confess: The main reason I read the newspaper is for the comics. And while they are mostly entertaining, sometimes my cartoon “friends” deliver an important message.

 

Garfield did that today. He said: “I believe in planning ahead … becaaauuuuse … If you spend enough time planning, you never actually have to do anything.”

 

He’s right.

 

The problem is, if you never do anything, you never achieve anything.

 

Without a doubt, planning is important. But at some point, you have to take action. Don’t spend so much time planning that you never actually do anything.

 

Jacquelyn Lynn

 

Should You Start a Business Today’s Economy?

As the experts argue about the definitions of a recession, the reality is that things are definitely not booming. That hasn’t dampened America’s entrepreneurial spirit, but it’s made people more cautious. So should you consider starting a new venture in today’s economic climate?

“Many people think that starting a new business in a slowing economy doesn’t make sense, but for many businesses, there are advantages,” says Peter Justen, is president and chief executive officer of MyBizHomepage (www.MyBizHomepage.com). Justen says there are definite perks to starting a new business when the economy isn’t great; you can: