Veterans Who Served Our Country, Then Succeeded at Startups
Veterans who served our country, then succeeded at startups
Military service prepares people for entrepreneurship by instilling many of the traits -- such as persistence and the ability to deal with risk -- necessary to launch a successful business, writes Carl Schramm. Many entrepreneurs, including the founders of FedEx and GoDaddy.com, served in the military. "Our country would do well to make it easier for [veterans] to serve at the frontier of our nation's economy -- at a time when we need to fully tap the entrepreneurial potential of all of our citizens," Schramm writes. Forbes (11/10)
Secrets to dealing with delinquent customers
Research found many businesses have a tough time collecting payments from some of their customers, but there are a few ways to increase your chances of getting paid. Run a credit check of potential customers before doing business with them or require they pay you some money up front. Sign a contract with your customers to make sure you are on the same page and maintain regular contact with those who are overdue. If all else fails, use a debt-collection agency to get them to pay. Inc.com (11/10)
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