Despite slow economy concert business is booming

 U2

Bono and his U2 bandmates have pulled in $85.8 million on their 360 tour.

The concert touring business is enjoying a healthy comeback this year after struggling in 2010.  Despite the slow economy acts like U2, Kenny Chesney, Bon Jovi and Lady Gaga are bringing in concert goers.

 

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The Internet of Things

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Cisco has designed an impressive infographic detailing how the ‘Internet Of Things‘ will affect everyday life. Or rather, how it won’t. As of 2008, the number of  ’things’ connected to the Internet surpassed the number of people on earth. By 2050, there will be 50 billion things, ranging from your smartphone to believe it or not, cattle. Wireless sensors (transmitting 200 MB of data per cow each year) have been affixed to cows, instantly notifying a farmer when one is sick. (pic)

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Ten simple ideas entrepreneurs turned into $100 million

life is good

Business is booming for Life is Good, with 2010 sales coming in at about $100 million.

There are a lot of people who have an idea for a business with the hopes that one day it will help them make millions. Ideas for businesses may be easy to come by but turning those ideas into huge successes is an entirely different story. There are many entrepreneurs with simple ideas and humble beginnings who have been able to effectively turn those ideas into booming businesses.  And here are ten ideas that did just that.

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Buzzwords that make you spend your money

free-sign

“Having the word ‘free’ somewhere in your ad attracts attention and creates a positive feeling.”

When businesses takes out an advertisement, they don’t have much space to convince you to buy their products. If it’s a television or radio spot, they might have 30 seconds to a minute.  If it’s a print ad it maybe half a page unless they can afford a full-pager. That means they have to choose every word carefully to make the most impact.

 

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Are daily deals worth it for the businesses?

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Many companies are skeptical about the long-term payoff of daily deals.

Daily deals become increasingly popular with consumers.  But, there is conflicting information about whether such offers are worth it for businesses. For some, the payoff does not justify the payout even though others enjoy profits and new customers from the venture.

 

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‘Fourth bureau’ – little known companies track data used in credit scores

magazines

The “fourth bureaus” track your everyday transactions including your magazine subscriptions.

Mike Mondelli, an Atlanta entrepreneur, has access to more than a billion records detailing consumers’ personal finances — and there is little they can do about it.

 

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Patent office expansion would create a jobs windfall for Denver

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A patent office expansion to Denver might serve as a magnet for companies looking to be near the new offices.

The U.S. patent office plans its first expansion beyond the nation’s capital and they have Denver, Silicon Valley and Austin, Texas envisioning the next Research Triangle and an accompanying jobs windfall.

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Facebook’s Sponsored Stories performing better than standard ads

sponsor story

Facebook Sponsored Story ad

Earlier this year Facebook launched a new form of advertising called “Sponsored Stories”.  some people just didn’t buy into the plot. “Sponsored Stories” takes content generated by Facebook users and turns it into ads, seemed to be crossing some kind of line.

 

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Bad driving a disease and can be cured Chinese doctor says

Dr. Jin Huiqing

Dr. Jin Huiqing says you can treat bad driving like a disease you can diagnose before the driver even gets near a car.

Someone is killed in traffic every five minutes in China and one entrepreneurial doctor has an unusual approach for making roads safer.  He says to treat bad driving like a disease you can diagnose before the driver even getting near a car.

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‘The start-up of you’ – Reinventing yourself in the ever changing job market

 reinvent

Employers are looking for people who can invent, adapt and reinvent their jobs every day, in a market that changes faster than ever.

The rise in the unemployment rate last month to 9.2 percent has Democrats and Republicans reliably falling back on their respective cure-alls. It is evidence for liberals that we need more stimulus and for conservatives that we need more tax cuts to increase demand. I am sure there is truth in both, but I do not believe they are the whole story. I think something else, something new — something that will require our kids not so much to find their next job as to invent their next job — is also influencing today’s job market more than people realize.

 

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