Top 100 Motivational Quotes

Monday, December 17th, 2007

Boldwords has a great post listing the top 100 Motivational Quotes. Great quotes to get you started for the coming New Year!

Some good ones:

Vision without action is daydream. Action without vision is nightmare.
– Japanese Proverb

Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.
– Mark Twain

If you want to test your memory, try to recall what you were worrying about one year ago today.
– E. Joseph Cossman

Business Quote of the Week – 11/26/2007

Monday, November 26th, 2007

“People who don’t take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.” – Peter F. Drucker

Commentary: Taking risks is part of business. If you’re not taking risks than you probably aren’t accomplishing much. This quote from the Legendary Peter F. Drucker shows that the big mistakes are going to happen anyway, so you might as well be taking calculated risks to move your business (or your life) to the next level.

Business Quote of the Week – 11/19/2007

Monday, November 19th, 2007

“Eliminate the time between the idea and the act and your dreams become your realities.” – Dr. Edward Kramer

Commentary: As we harp about constantly on this blog, business ideas are only worthwhile if executed properly or executed at all. Part of executing the idea is getting beyond the idea phase and getting down to work. Take your ideas and execute on them. If they don’t work, then learn from the experience, move on, don’t beat yourself up and try another one. Eventually this process will pay off dramatically.

As Mark Cuban has said “you only have to be successful in business once”. If you start one successful business, you could be set for life. Yet, most people don’t take the plunge and make the attempt or if they do, they quit after only one attempt.

Business Quote of the Week: 11/13/2007

Tuesday, November 13th, 2007

“The successful person has the habit of doing the things failures don’t like to do. They don’t like doing them either necessarily. But their disliking is subordinated to the strength of their purpose.” – E.M. Gray

Commentary: This comment speaks to the small business owner or entrepreneur especially. Few small business owners look forward to making cold calls, doing the books, disaster planning, updating the marketing plan, etc.

In your personal life, few people like exercising, paying bills, maintaining your property, sending thank you cards, etc. – but it all has to be done.

The ones that get these mundane things done know that the reason they are doing so is to serve a higher purpose. They know the benefits of doing these things that most people don’t realize.

Importance of Trademarks

Friday, November 9th, 2007

Dane Carlson’s Blog has a piece on the importance of filing trademarks in the web age.

 Of course, MyNewCompany.com has a page on trademarks that includes resources and links.  Check it out HERE!

Business Quote of the Week – 11/5/2007

Monday, November 5th, 2007

“Optimism is a force multiplier.” – Colin Powell

Commentary: When you have an optimistic viewpoint, you tend to filter out the negatives that would otherwise cause you not to pursue a goal in the first place. In addition, optimism lessens the sting of failure by saying “that didn’t work – let’s try something else” instead of wallowing in or overanalyzing the failure.

Not only that, but the Mayo Clinic has found that optimists live longer! I don’t think there’s better evidence than that to justify the optimistic viewpoint on life. I also recommend the book Learned Optimism by Martin Seligman which is a classic in this field of work.

 

Online Legal Issues

Friday, November 2nd, 2007

Did you ever wonder about the differences in legal issues between web-based businesses versus their bricks-and-mortar competitors?  BizzBangBuzz has posted an excellent article that covers this exact topic.

The short version is that there are ways to make online transactions as legally valid as the offline versions.  For more information, read the Article HERE.

Business Quote of the Week – 10/29/07

Monday, October 29th, 2007

“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb

Commentary: Yes, someone may have beat you to the punch for that great new product or service. But the key is getting the next new product or service out there. The market tends to favor first-movers.

Even if you are not creating something new, getting started on it today is going to almost always be better than waiting until tomorrow.

Start a company, create a new product, work on your book — now!

MyNewCompany.com Founder Quoted in an Article on Surviving Network Outages

Friday, October 26th, 2007

I was contacted by Matt Alderton of The Nielsen Small Business Resource Center for input on surviving network outages. Please read the article and let me know what you think. We have a great internal management system for preventing and handling “disasters” and I think that is reflected in the article.

IRS Now Allows Late S-Corporation Election Filing

Friday, October 26th, 2007

The IRS has improved the procedure for electing S-Corporation status after the filing date for the S-Corporation Election Form (Form 2553) has passed.  If you can show reasonable cause for why the election is late it is now easier to obtain S-Corporation Status after the deadline.  Information on the change can be found here.

For more information on how an S-Corporation is organized and the differences between entity types see our page on choosing an entity.