Category Archives: Fast Reads

50 Small Businesses You Can Start on Your Own

Woman sewing in studio

In the past, I’ve discussed how it’s a good idea to spend your spare time dabbling in entrepreneurship: It fills your time with something that you choose (and thus you enjoy) and sets up a potential long-term revenue stream. I also discussed how I got a side business going myself.

But that was 2007, and quite a bit has changed since then. Where a side business was once a novel idea, it has since become much more mainstream. According to the Bureau of Labor Statistics, freelancers now make up around 15% of the workforce, compared to only 7% in 1995. And the trend isn’t expected to stop here. The BLS reports that freelancers and self-employed individuals may comprise 20% of the workforce by 2020.

Timeless leadership tips from Jack Kent Cooke

After Jack Kent Cooke named Terry St. Marie as chief operating officer of his cable company, he took St.  -More

SmartBrief on Leadership

Are 401(k)s Unrealistic? Only If You Are

In the past few days, three different readers have sent me a link to this great article from Fidelity entitled Five Habits of 401(k) Millionaires. The article offers up five suggestions for readers that will help you sock away a lot of money for retirement:

1. Start saving early
2. Contribute a minimum of 10% to 15%
3. Meet your employer match
4. Consider mutual funds that invest in stocks
5. Don’t cash out when changing jobs

These are five strong principles that I strongly agree with and Sarah and I are using all of them in our plans for saving for the future.

Have you lost touch with reality?

Leaders can become disconnected from their teams and the facts on the ground in what Tanveer Naseer calls “leadership vertigo -More

SmartBrief on Leadership

Got Change? Learning by Doing Can Get You Through

An interview with James Chisholm, co-founder of ExperiencePoint

Center for Creative Leadership