[Although the article discusses home-based business, yet, I believe these are common characteristics any entrepreneur should consider...] Mouaz.  Regardless of your definition of success, there are, oddly enough, a great number of common characteristics that are shared by successful businesspeople. You can place a check beside each characteristic that you feel...

As I said last week, one positive aspect of the recession is that it makes employers reassess the basic principles of their business and streamline operations. As well as paying close attention to the balance sheet, however, employers should encourage innovative, entrepreneurial thinking. In the current economic climate, great ideas have the potential to make a big...

Imagine this is 1979: If you were reading this article back then, chances are you would have read it on paper–with a printed newspaper or magazine in your hands. Today, you are probably reading it on a desktop computer, a laptop (or as a printout from either of these) or perhaps even on your BlackBerry or iPhone. The pace of innovation has been so hectic in...

Change Your Mind-Set The economy tanks. You have two options: hole up in a bunker and hope it ends before you run out of tinned peas, or innovate and emerge stronger than when the economy took the hit. “During a recession, people tend to say, ‘Let’s stop everything and save money until it’s over,’” says Bernard Meyerson, vice...

When Ashish Gadnis was laid off from his position as president of a Minnesota software development company, he managed to launch his new life before even leaving the parking lot. On the way to his car, he ran into the vice president of operations who had also been let go, and the two decided to start their own business. The week Jason Wonacott lost his job as...