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Jim discusses the growth of entrepreneurship around the world as he sites research conducted by Global Entrepreneur Monitor which is published each year and led by Babson College. One key statistic in this research found was that approximately 75 million humans on planet earth who are actively starting a business or are operating a new business. Jim offers his ideas of why this kind of entrepreneur energy bodes well for a peaceful 21st century.
In his monthly report, Sam delivers the results of the latest Tatum survey, which indicates that the economy, while softening as compared to 2004, is building into what should be a solid 2005 economy.
Joan and Jim discuss several legislative proposals that should be good news for the business community in 2005 including tort reform, the possibility of passing a new bankruptcy law, an energy bill and capping medical malpractice awards. They go on to talk about the broad language used in the new manufacturing deductions, as well as new rules for deferred compensation plans. Also discussed is the forecasting of fewer Mexican migrants to the U.S. over the next five years as a result of an improved Mexican economy.
After Jim gets over his excitement for getting Girl Scout cookies, Beverley and Jim talk about the 21st century environment for home based businesses, especially for personal services and especially for retirees who start home based businesses.
Andrew and Jim explain the differences in the investment capital environment now compared to the same environment of the 1990’s, including the steps that would have to be taken by any company seeking investment capital in the 21st century.
Finishing up the series on marketplace resolutions for small businesses, Jim talks about the importance of differentiating your business from competitors. He goes on to explain the importance of creating partnerships with larger companies as opposed to just being a vendor. Jim says one of the keys to long term success is to not just sell to your customers but to become an integrated partner with your customers.
For the 6th consecutive year, Pres. Abraham Lincoln joins Jim on the anniversary of his birthday. This year the President talks to Jim about importance of learning and the three steps he has discovered about learning how to learn. Later in the show Eugene also stops by to reflect on the legacy of Pres. Lincoln.
On the anniversary of Bill’s 7th year as a member of the BT, Bill and Jim talk about the importance of updating your employee handbook with emphasis on establishing policies for the use of internet and email for personal business as well as the use of personal cell phones on job.
Jim interviews tow women entrepreneurs about how they got their business started and the challenges of being a woman entrepreneur.
Jim interviews tow women entrepreneurs about how they got their business started and the challenges of being a woman entrepreneur.
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