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Posts Tagged ‘ Prosperity ’
For some business owners, starting their business is their opportunity to live their dreams. For others, the dream is what comes after the business.
There are some simple steps you can take to get the most future value out of your current business. It is all about how you structure your business.
The federal government is very interested in you paying for your own retirement. There are some wonderful tax incentives to get you to set aside money for the future.
Let’s face it, Social Security is not going to pay much to anyone in the younger generation. (Like it pays that much now!)Continue Reading »
Innovation is the key to success. But where do you look for it?
One way to learn about innovation is to look at the fastest growing companies in the world. Usually, these are the guys who get venture capital funding. They are looking for fast growth and a five to seven year payout.
Amar Bhidé does a study (on the macroeconomic level) of these high growth VC funded companies in The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World.
Bhidé points out that over the last 100 years, “the nontraded sector has increased from 60 percent to about 80 percent of GDP” (Bhidé 298).Continue Reading »