All Articles Tagged "failure"

The G-20 Failed, Again

June 29th, 2010 - By TheEditor
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(Forbes) — They came, they saw, they accomplished nothing. The leaders of the G-20, representatives of the world’s largest economies, convened in Toronto over the weekend. They need not have bothered. By the time they closed the meeting Sunday, it was clear the grouping had come up short once again.

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The G-20 Failed, Again

June 29th, 2010 - By TheEditor
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(Forbes) — They came, they saw, they accomplished nothing. The leaders of the G-20, representatives of the world’s largest economies, convened in Toronto over the weekend. They need not have bothered. By the time they closed the meeting Sunday, it was clear the grouping had come up short once again.

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Entrepreneurs Need To Know When To Let Go

June 22nd, 2010 - By TheEditor
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(Financial Times) — n the early days of EasyJet , an agitated customer telephoned the UK-based airline and demanded to speak to Stelios Haji-Ioannou, the founder. The customer explained that he had booked his honeymoon flights on the airline some months before, but the wedding was now off. Mr Haji-Ioannou said that EasyJet had a no-refunds policy but, given the circumstances, he was prepared to relent. “Oh, I don’t want a refund,” the customer said. “I want to change the name of the person I am travelling with.”

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The 12 Dysfunctions of an Entrepreneur

June 16th, 2010 - By TheEditor
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(Jonathan Fields) – 1. Failure to evolve. Markets change over time. People’s needs change over time. One of the biggest problems that I see with entrepreneurs and small businesses is that they start the business based on a single solution, or set of solutions, products or services, that satisfy one particular need or pain point in a market, and they may be doing it very well at that point in time.

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Twitter Blames Crashes On ‘Networking Equipment’

June 11th, 2010 - By TheEditor
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(CNN) –If you’re a frequent Twitter user, you’ve probably noticed that the microblogging site has been crashing repeatedly this week. Twitter says on its Status Blog that these “site availability issues” were caused by a problem with networking equipment. ”This networking error prevented us from serving at full capacity,” Twitter said Wednesday afternoon.

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Ten Entrepreneurial Strategies For Success

June 4th, 2010 - By TheEditor
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(WorkBloom) — America has always been a beacon of entrepreneurialism because it is so deeply rooted in our history. Our country was founded and then settled by innovators willing to sacrifice old certainties for new opportunities. The people who came to America a few hundred years ago looking for a better life were risk takers in every sense. Do not mistake being a risk taker with being reckless. Risk takers must also become risk analyzers — evaluating the pros and cons, then trusting their instincts and recognizing and seizing an opportunity to create their own businesses. We, as a nation, must regain our appetite for risk in order to embolden the hearts of our entrepreneurs.

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TARP’s Tiniest Failures Add Up

June 1st, 2010 - By TheEditor
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(CNN Money) — It might seem that the banking sector’s bailout saga is nearing its close, leaving room to focus on other catastrophes like the European debt crisis or the Gulf oil spill, but some small banks across the country that benefited from TARP are still struggling to stay afloat, and many more will likely fail. And while the Treasury Department and the Obama Administration have justifiably lauded TARP for preventing another catastrophic bank failure, the fact that hundreds of smaller TARP recipients are missing their dividend payments suggests that these banks should never have received government money to begin with.

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US Drug War Has Met None Of Its Goals

May 14th, 2010 - By TheEditor
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(BlackPoliticsOnTheWeb.com) — After 40 years, the United States’ war on drugs has cost $1 trillion and hundreds of thousands of lives, and for what? Drug use is rampant and violence even more brutal and widespread. Even U.S. drug czar Gil Kerlikowske concedes the strategy hasn’t worked. “In the grand scheme, it has not been successful,” Kerlikowske told The Associated Press. “Forty years later, the concern about drugs and drug problems is, if anything, magnified, intensified.” This week President Obama promised to “reduce drug use and the great damage it causes” with a new national policy that he said treats drug use more as a public health issue and focuses on prevention and treatment.

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