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The shocking truth about employee loyalty

Berkonomics

A recent statistic I saw surprised me. Email readers, continue here…] The answer coming from the best of breed in corporate personnel management is to form a trusted bond with each employee, helping that person to manage their career within and even preparing to follow our company experience. What happened to a job for life?

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Entrepreneurism is all about personal risk.

Berkonomics

The same is true about marketing. Here’s the ultimate thing about entrepreneurism. Resources such as money, experience, statistics about your target, experienced marketing and sales talent, and especially a compelling need and attractive product are all important to the ultimate success of an enterprise.

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What are the odds of your startup’s success?

Berkonomics

Well, the numbers don’t lie, even if there are several sources of these statistics. But… I read several years ago that the average startup restaurant lasts only about a year. Bureau of Labor Statistics states that 50% of all businesses survive five years or more, and about one-third survive ten years or more. And the U.S.

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If you must lease an office, make it a short one!

Berkonomics

It is statistically true that at least half of the young companies funded by angel or venture investors will not survive three years from funding to demise, and more than that percentage will die with two years if not well financed. Then there is the dread of “The tyranny of the new office” to worry about.

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Is Social Media Killing Email

SoCal Tech Calendar

Tuesday, November 15, 2011 -- Is Social Media Killing Email. Youve seen the headlines: 9 Reasons Why Email is Dead. With the seemingly endless reports about the death of email, its no wonder that the commonly-held myth of decreased email usage exists. Presented by the Marketing and Sales Executives Society.

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Startups: What are your odds for success?

Berkonomics

Well, the numbers don’t lie, even if there are several sources of these statistics. I read several years ago, that the average startup restaurant lasts only about a year. Bureau of Labor Statistics states that 50% of all businesses survive five years or more, and about one-third survive ten years or more. And risky too.

Startup 266
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Sign short term leases early on. Move as you grow.

Berkonomics

It is statistically true that at least half of the young companies funded by angel or venture investors will not survive three years from funding to demise, and more than that percentage will die with two years if not well financed. Then there is the dread of “The tyranny of the new office” to worry about. Avoid long-term commitments.