Monthly Archives: November 2012

9 People to Remove From Your Inner Circle |

When you’re trying to get a business off the ground, the people you surround yourself with matter.  Keep these nine types at a distance.

You are what you eat, and you definitely are whom you associate with. The people closest to you make all the difference–in a good and a bad way.

Of course, it can be tough to find great new connections and friends to add to your inner circle; people who will support you, help you, and encourage, motivate, and inspire you.

It’s a lot easier to spot the people in your inner circle who are holding you back.

If you have people like these in your inner circle, remove them:

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Weekly Economic Update | LAEDC


C7 Chromebook; How Low They Can Go? |

Google and Samsung recently unveiled a $249 Chromebook, which seemed like a new pricing floor for a capable, light computer that’s designed for users who spend most of their computing time on the web. Today, Google announced the new Acer C7 Chromebook on its website, which ups the ante (while lowering some specs) with a $50 cheaper Chrome OS notebook which also features an 11.6-inch display, but also boasts an Intel Core processor and a 320 GB hard drive.

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Exclusive: John McAfee Wanted for Murder (Updated)

Antivirus pioneer John McAfee is on the run from murder charges, Belize police say.

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Too much money and time on your hands? – Ed.

Google Android Now Powers 3 in 4 Smartphones |

Google’s Android platform has reached record worldwide sales numbers, according to analysts. Research firm IDC said that the Google mobile OS is the first to surpass 100 million quarterly shipments in a single quarter.

The platform powered some 136 million handsets, giving Android a 75 percent market share of all shipments. The company noted that Android also saw its shipments rise by 91.5 percent over the previous year’s quarter, a growth rate roughly double that of the smartphone market as a whole.

Analysts credit the soaring sales in part to Google’s ability to build and maintain a large ecosystem for the platform.

“Google has a thriving, multi-faceted product portfolio. Many of its competitors, with weaker tie-ins to the mobile OS, do not,” explained IDC senior research analyst Kevin Restivo. “This factor and others have led to loss of share for competitors with few exceptions.”

Second in the quarter was Apple’s iPhone.

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Canadian Supreme Court Invalidates Viagra Patent |

The Supreme Court of Canada is invalidating Pfizer’s patent on the popular erectile-dysfunction drug Viagra for failing to openly disclose the drug’s active ingredient, as required by Canadian intellectual property law.

The 7-0 decision Thursday to open Viagra to competition ahead of its 2014 patent expiration underscores a major difference in how the Canadian and United States courts are interpreting patent laws.

Both nations have so-called “patent bargains” that require the disclosure of a drug’s chemical compounds in enough detail so that scientists can replicate it and learn from the invention, thus benefiting society. In exchange, the inventor, in this case Pfizer, gets the exclusive rights to market the invention for a limited period.

But “sufficiency of disclosure lies at the very heart of the patent system,” the Canadian high court ruled Thursday, and “adequate disclosure in the specification is a precondition for the granting of a patent.”

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Don’t Buy Any Item in the Checkout Aisle |

Grocery store designers are smart people.

They know that when you check out with a cart load of groceries, you’re going to be standing in that spot for a while. They also know that sometimes you’re unfortunate enough to have children with you.

Thus, they stock the checkout aisle with things that are perfectly selected for you to just toss on the conveyor without a second thought.

Magazines. Beverages. Gum. Candy. Car fresheners. The list goes on and on.

All of these items have a relatively low price point. All of these items are things with very attractive packaging. All of these items are things that you can quickly enjoy without much effort at all. All of these items are also priced so that the store makes a nice profit.

All of these items are meant for you to buy them without skipping a beat. Many people do it, too. (If that wasn’t true, the checout aisle wouldn’t be designed this way in virtually every grocery store.)

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Frankfurt Turns Offices to Homes |

Vijay Vankadari, who has renovated Frankfurt apartment buildings for more than a decade, used a cheap and plentiful resource for his latest residential project in the city: old office buildings that businesses won’t touch.

Office-to-apartment conversions like Vankadari’s Grand- Westend 24 in the city center are growing in Germany’s financial capital, providing opportunities for landlords hard pressed to find corporate tenants for outdated buildings. Such projects will account for more than a fifth of the homes coming onto the market this year, city government data shows.

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4 Tips for Pitching Your Business in 2 Minutes |

Doing a two-minute investor pitch can be incredibly daunting. Here are tips to hone your pitch and get the next meeting.

Two minutes. You probably wait longer for your coffee at your local shop.  Two minutes can seem like a very short time, unless you’re on in the hot seat, facing four investors and an entire audience, asking for funding. At that moment, time goes by like lightning. Last month at a local pitch contest, I saw two presenters lose precious time when they lost their train of thought in the middle of their two minute pitch.

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Client Focus | Sent Her Way

Bryn Jurkins has come up with an idea she thinks will be a hit with busy women. Sent Her Way is a service that ships women their feminine hygiene products monthly, taking away that sometimes last minute trip to the store.   Women can customize their tampon orders eliminating or increasing the quantity for a particular size, something not available when purchasing off the shelf. Add to this the convenience of having the product delivered to their door for a dollar more than they would pay in a CVS or Walgreens.

She came up with the idea while working in sales for a garment manufacturer in New York City. “Whatever you buy in the City you have to carry,” she explains, “So I would have my dry cleaning delivered, my dog food delivered. It’s amazing the things that you can get delivered to you.”

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