The Acton MBA staff shares their expertise daily on business, technology, education, entrepreneurship and management.
Posted in Starting a Business on Feb 1st, 2010
Austin, Texas is known for its vibrant and unique culture. Texas’s capital city embraces all types of personalities and characters: from politicians working at the Texas Capitol to students at The University of Texas to interesting personalities you can meet on world-renowned Sixth Street. One more thing to add to Austin’s lively list of charm [...]
Posted in Debate, Entrepreneurship & Business on Jan 20th, 2010
The age-old debate between nature versus nurture also applies to entrepreneurs: are successful entrepreneurs internally wired to own businesses or did they learn the needed skills to be successful?
Some say that entrepreneurship cannot be taught — that true entrepreneurs are born with the drive, determination and burning desire to start their own businesses.
Posted in News on Nov 23rd, 2009
Global Entrepreneurship Week 2009 was held from November 16 – 22. Countries across six continents engaged in events celebrating entrepreneurship and the initiative to inspire young people to connect with innovation and creativity for entrepreneurial ventures. Activities in the U.S. included “Mentoring Madness,” a session in New York City offering advice from a panel of [...]
Posted in Business Inspiration, Entrepreneurship & Business, Starting a Business on Oct 21st, 2009
In light of the most recent Children’s Business Fair, my awareness for other, much larger ways for children and adolescents to get involved with entrepreneurship has increased tremendously. There are so many good programs out there that engage young, budding entrepreneurs to take control and make their dreams come true.
I came across this NYTimes.com article [...]
Posted in Children's Business Fair on Oct 19th, 2009
Everyone had a great time at the Third Annual Children’s Business Fair! Sixty young entrepreneurs participated and sold their own innovative products.
Each visitor, or potential customer, was given a ballot to vote on their choices for Most Original, Best Presentation and Highest Potential in each age group.
To see who the winners were, click on the link.
Posted in Entrepreneurship & Business on Oct 4th, 2009
At a recent Acton MBA information session, one candidate expressed a deep need for a better understanding of cash. This led to a brief discussion of Bill Sahlman’s “Four Rules of Cash,” taught in our Cash and Valuation course.
Sahlman’s “Four Rules of Cash” are general guidelines for maximizing value.
The rules are:
More cash is better than less [...]
Posted in News, Starting a Business on Sep 30th, 2009
Never fear, help is here.
The U.S. Commerce Department is doing two things to aid aspiring entrepreneurs of today: the creation of the Office of Innovation and Entrepreneurship within the Department of Commerce and the launch of a National Advisory Council on Innovation and Entrepreneurship.
Posted in Acton School of Business on Sep 16th, 2009
On Monday, Brilliant Magazine featured the Acton School of Business on its web site. The article, entitled “The Business of People,” highlighted the Acton difference.
The article emphasizes how Acton deviates from traditional business schools around the country. These points include Acton’s entrepreneur teachers, the unique Life of Meaning course and the heavy, but healthy, competitive environment [...]
Posted in Business Operations, People Management on Sep 14th, 2009
Assessments are a powerful tool to use when having your own business. Whether you give criticism or affirmation, you want to do it right. Follow these tips by Master Teacher Ed Perry.
Entrepreneurs learn that managing people is usually the most difficult part of entrepreneurship. As your business grows, you hire more people. Then things get [...]
Posted in Acton E-Teachers, Entrepreneurship & Business on Aug 16th, 2009
You want your company to stand out against all of the other companies that are just like yours. What do you do? Ed Perry comments on how to garner more word-of-mouth marketing.
Sunday morning I sat in The Coffee Bean & Tea Leaf on South Lamar in Austin, Texas while visiting with someone who was sitting in The [...]