Startup incentives in new small business law

I just read through the highlights of the new small business act that passed Congress and was signed by the President. One of the highlights is for entreprenuers: An Increase in the Deduction for Entrepreneurs’ Start-Up Expenses:The bill temporarily increases the amount of start-up expenditures entrepreneurs can deduct from their taxes for this year from … Continue reading Startup incentives in new small business law

Understanding Google (the endless entry)

Google is always in the news and hence many business journalists are writing stories about them. I always enjoy reading the Google business story where the journalist applies traditional business logic to Google, when, in fact, much of what Google does is non-traditional and impossible to understand – even for them.Let me give you an … Continue reading Understanding Google (the endless entry)

More proof that no one will like your startup idea

I came across the following Wall Street Journal article today that I claim further proves my point that an entrepreneur’s ideas will be more disliked than admired in the early days.Apparently, at the moment, venture capitalists are shunning Internet startup ideas that do not base their revenue models on advertising.“If you have a model that … Continue reading More proof that no one will like your startup idea