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In any business, you’re only as good as your word and the actions that back them. Yesterday, in a scene straight out of the Depression, Greeks withdrew €700 million (nearly $900 million) from the country’s banks as the nascent government quickly crumbled amid continued political infighting. If we’ve learned anything from the financial crisis over [...]
Hiscox sponsors the Rice University Business Plan Competition. I was lucky enough to attend the annual Rice University Business Plan competition last weekend in Houston, Texas. This is the world’s biggest business plan competition and over $1.5m was awarded in prizes and funding. Hundreds of applications from around the world were submitted and then 42 [...]
As the old joke and cliché goes, it’s notoriously difficult to predict anything, particularly the future. But with the New Year just around the corner, it’s worth getting the low down on a couple of potential big trends for 2012 that could really help your small business. The Social Shopping Network Social networks have become [...]
Just as the golden rule in show business is “never work with children or animals” so has it been “never work with your spouse” for small business owners. But why not? It’s common for brothers or sisters to work together for their parents in the family business, but what about working with, or for, your [...]
Another small business joins the Facebook empire Hiscox small business insurance interviewed Josh Williams, Founder and CEO of Gowalla, earlier this year. Since launching in 2009, Gowalla has competed with Foursquare. However, as of this weekend, the competition is over. Facebook has acquired Gowalla and the team will work on Facebook’s Timeline feature, which launched this year. In this [...]
We’ve just released a wide-ranging report comparing and contrasting the mood and behaviors of entrepreneurs in the US and Europe. Being an Englishman myself, adopted by the US last decade and living in New York, it reminded me of that famous George Bernard Shaw quote “England & America are two countries separated by a common [...]
Small Business Saturday on November 26 is an opportunity to focus your holiday spending where it will make the biggest difference. It’s the new shopping day created to bridge the gap between Black Friday – when people work off their Thanksgiving dinners by running around their local malls – and Cyber Monday – when workers [...]
A thank you to our Hiscox small business insurance customers This weekend, while flicking through 1,997 cable channels to find something half watchable, I stumbled upon a Fox News interview with Sandra (Sandy) Lerner. She was the founder of Cisco Systems, over the years moving through various entrepreneurial ventures finally ending up running her own [...]
Many entrepreneurs dream that within a few years they can turn an idea into a successful business and then into a big check that will offer them a chance at an early retirement. But, to achieve this, most entrepreneurs will need significant capital investors and the problem is that banks, venture capitalists and angel investors [...]
As a small business owner, what do you think? Vote below! Google+ now has over 40 million users since its launch. This still lags Facebook (800 million+) by some way, but many believe Google+ is the fastest growing social network ever. Last week also saw the internet giant launch brand pages, and there is no [...]
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