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Business Lessons from the Grinch

There is much wisdom to be gained from the Grinch.

It’s that time of year when Dr. Seuss’ iconic character is frequently on TV, in the all-time classic 1966 cartoon How the Grinch Stole Christmas. And his annual re-emergence got us to thinking about some of his character traits. Sure enough, he has some of the tools it takes to succeed in small business — once you get past his anti-everything attitude, his raging case of kleptomania and his grumpy appearance.

Here’s a look at a few business lessons, courtesy of our favorite Christmas curmudgeon. 

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Tips for Creating a Memorable Company Name

You’ve got a great business idea. Maybe even partners, investors and office space.

What’s your company’s name? Wait, what was that again?

Your business’ name has to be one that will stick in people’s minds. This article in Entrepreneur shows what the science of memory can teach us about coming up with an unforgettable business name.

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Keys to Success: Stay Positive

The last few weeks of the year can be equal parts profitable and stressful for a small business. Anyone who has fought their way through a Black Friday madhouse or a mall-traffic nightmare knows how frustrating things can get — and that’s just on the shopping end of the spectrum.

That brings us to an idea that is always worth discussing — the need to stay positive. For small business owners, it is essential. Not only will it rub off on employees, but it can have a positive effect on customers as well.

Here are a few ways to look on the bright side of life.

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Finding the Best Talent for Your Startup

Great employees can help you take your startup to the next level. But how do you find them? It can be a challenge for any business to recruit the best hires. But for an early stage startup, it can be even tougher.

There’s the competition with established companies for talented employees. And then there’s the salary issue: How do you lure candidates who could command bigger paychecks at larger companies? But that doesn’t have to keep you from reeling in top talent. The key is to know your selling points – and how to sell them to the right candidates.

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How These Entrepreneurs Under 30 are Changing the World

They’re not even 30, and they’re millionaires. How’d they do it?

An Entrepreneur article featured several 20-somethings who are changing the world with innovative business ideas. One of the things they all have in common: the innovative use of technology to solve problems. They’re not just building better mousetraps; they’re finding new ways to deal with mice.

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PR Tips for a New Small Business

A little press goes a long way for a new small business. But many startups won’t have much of an advertising budget, so public-relations efforts will likely fall upon the owner and staff. Here are some tips for getting the word out and boosting your chances to earn attention from the media.

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7 Important Women: 7 Important Lessons for Entrepreneurs

They started businesses and nonprofits that are lifting people out of poverty, changing the way we fly, and much more. Here are 7 lessons we can learn from these amazing entrepreneurs highlighted in this article in Entrepreneur:

Lesson 1: Act like an entrepreneur

While working for the federal government, Michele Weslander Quaid was determined to convince national intelligence agencies to move from outdated software to web tools for collaboration.

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Keys to Success: Advice for Small Business Owners

So you’ve come up with an idea for a small business. You’ve mapped it out. You’re confident in your business plan, and everything is lollipops and rainbows. But you have a thousand questions on how to actually get it all rolling.

This is where getting advice from the right people can be of an enormous benefit. Whether it’s seeking a mentor you can bounce things off of, or filling an official adviser position (or advisory board), it’s important to get the right voices around you. Here are a few tips to getting started.

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The Future of SMB Funding

What is the future of small business funding?

According to an article by Marc Prosser, companies like FundBox, OnDeck, and Fundera have been able to generate a large amount of money in a short amount of time for primarily two reasons. “They are as much technology companies as they are finance companies,” he wrote. “They are serving a market, small businesses, which has been neglected by banks for decades.”

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What a Business Owner Can Learn from Gamification Techniques

What helps build a brand? Loyal customers who keep coming back, who they let their devotion be known. But it’s hard when, especially given the nature of the Internet, to find those kinds of customers when the competition is extremely tight.

You want your customers to review your product and talk about its uses, and a way that’s becoming more common is called “gamification.”

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