Entrepreneurship News: May 21, 2012

I’ve been out of town attending graduations for both of my brothers (one from undergrad and one from law school) so there is no Entrepreneurship News video this week. However, here are the top small business news stories:

Minority Contracts Fall for First Time in Decade: According the Washington Post, minority-owned small businesses are having a tougher time winning contracts with the federal government. While contracting for all companies is on the decline, that decline is more marked for minority-owned companies.

Senate Approves Extension of Export-Import Bank: I mentioned last week that the House had approved an extension of funding for the Export-Import Bank, and this week the Senate has followed suit. The Export-Import Bank provides insurance and financing for US companies that export goods and services and is often the only source of this type of support for small businesses.

Central Contractor Registration System to Shut Down May 23: For years companies wanting to do business with the federal government had to get registered in the Central Contractor Registration System or CCR. This is where all of your basic company information resided and it was a necessity before you could even begin to go after government contracts. However, the CCR wasn’t the only system being used to keep track of federal government contractors and the General Services Administration has been leading a charge to try to consolidate all of the disparate systems and, theoretically, make things easier for both the feds and for businesses. Since some of the transition is slated to happen over Memorial Day Weekend, the CCR will stop accepting updates this Wednesday, May 23rd. The new System for Award Management, or SAM, should be available – with all of the functionality of the disabled systems – starting on Tuesday, May 29th.

Obama Visits Small Business to Plug Tax Breaks for Hiring: President Obama visited a local DC deli to chat with Karen Mills, Small Business Administrator, and a few small business owners this past week. He took the opportunity to tout SBA’s successes and campaign a bit by promoting the small business tax breaks that he plans to get Congress to pass. It’s great to see the President out supporting small businesses, however, as someone with an office located less than 2 blocks from the White House I am well aware of what a Presidential visit means: shut down streets, locked down buildings, etc. So, while the deli that President Obama visited may be able to share in some of the great publicity that Obama created, I wonder what impact his visit had on the other small businesses on that block. Did his security team shut the street down, like often happens? If they did, how are those other businesses fairing having lost a day of revenues? I don’t know happened and I hope that President Obama planned ahead to ensure that no businesses were negatively impacted by his visit, but it would be great to have all of the facts.

Public Comments on the JOBS Act: Don’t forget to share your thoughts on how the JOBS Act should be implemented with the SEC!


Weekly Roundup: Mar. 4 – Mar. 12, 2012

Here’s your weekly roundup of the stories in entrepreneurship that I tweeted¬†since last time:

Happiness Makes Your Brain Work Better by Jessica Stillman for

Six Small Business Proposals from Washington You Need to Watch by Catherine Clifford for

5 Questions Every Customer Asks by Geoffrey James for

Glossary of Federal Government Contracting Acronyms by Cate Costa for New Venture Mentor

35 Ways to Make Your Business Look Bigger by Scott Steinberg for (there aren’t really 35 listed but the ones that are are good)

Is Your Social Media Marketing a Turn Off? by Erik Sherman for

Minority-Owned Small Contractors Invest More, Take Longer to Win by Olga Khazan for the Washington Post

The Congressional Crowd Grows for Crowdfunding by Kent Hoover for

This RFP is Wired by Ian Altman for the Washington Business Journal

Top 6 Tips for Bootstrapping Your Business by Cate Costa for New Venture Mentor

3 Keys for Nurturing a Performance Driven Culture by Matthew Toren for

Leadership Caffeine: 8 Ideas for Navigating Your Leadership Mistakes by Art Petty for Art Petty Management Excellence Blog

House Overwhelmingly Passes JOBS Act by Kent Bernhard, Jr. for

Top 5 Tips for Crowdfunding Success by Cate Costa for New Venture Mentor

11 Tips for Entrepreneurs on Dealing with the Press by Rocky Agrawal for VentureBeat

Weekly Roundup: Feb. 26th – Mar. 3, 2012

Here’s this week’s list of tweeted stories:

Seven Business Goals of Social Media and How to Get Started by Teri Evans from

Security in the Mobile Era by Peter Chen for Startup Nation

Raising Funding as a First Time Founder by Joel Gascoigne for Joel Gascoigne blog

Win a FREE TV Commercial to Promote Your Business from Staples

How to Setup Your Company Page on LinkedIn for LinkedIn Learning Center

The “Who Should Take a Home Office Tax Deduction” article that I tweeted has been removed from the Bloomberg Businessweek site.¬†

Three Secrets to Using Google Analytics for Measuring your Websites’s ROI by Aj Kumar for

Don’t Put All Your Eggs in One Basket by Cate Costa for New Venture Mentor

How to Write a Better Elevator Pitch by Geoffrey James for

The Future of Advertising – and Media – In One Graph by Ezra Klein for the Washington Post

Introducing Make Your Pitch by Carol Roth for the New York Times

How to Hire the Best Employees by Cate Costa for New Venture Mentor

How to Earn the Trust of Facebook Fans by Teri Evans for

The Do’s and Don’ts of Social Media for Business for

Weekly Roundup: Feb. 19th – Feb. 25th, 2012

Here’s your list of the things I tweeted this week. It was a slow week since I was on vacation.

Developing Effective Strategic Partnerships: 3 Tips for Success and 4 Issues to Avoid by Cate Costa for New Venture Mentor

Infographic: 10 Ways to Increase Sales in 2012 by Truaxis for Under30CEO

Tips for Using Twitter to Market Your Small Business by Cate Costa for New Venture Mentor

Latest Small Biz Bill Addresses Contract Bundling by Jill R. Aitoro for the Washington Business Journal

Do I Need a Lawyer with Small Business Experience? by James Omond for Startup Smart

Startup America Policy Challenge by Cate Costa for New Venture Mentor

Six Strategies for Partnering with Big Brands by Jane Porter for Entrepreneur Magazine

Weekly Roundup: Feb. 5 – Feb. 11, 2012

In case you missed it, here’s this week’s roundup of the articles that I linked to and tweeted this week:

3 Number All Entrepreneurs Should Know by Don Rainey for

Numbers You Need to Know as an Entrepreneur by Cate Costa for New Venture Mentor

How to Build a Fan-Worthy Facebook Page by Starr Hall for

6 Ways to Establish and Maintain a Healthy Credit Score for Your Startup or Small Business by Caron Beesley for SBA

Chris Brogan on Social Media Starter Tips to Grow Your Business by Teri Evans for

Hot or Not? What the Web Thinks of You byHollis Thomases for

Are You Running Your Business Like a Lemonade Stand? by Neil Thanedar for Under30CEO

How to Budget Your Startup Tech Needs by Jay Melone for Under30CEO

The 9 Most Common Startup Mistakes by Jeff Haden for

Funding Sources for Your Business by Cate Costa for New Venture Mentor

Don’t Be Fooled, Federal Government Contracting Work Isn’t Easy to Get by Cate Costa for New Venture Mentor

Weekly Roundup: Jan. 28th, 2012 – Feb. 3, 2012

I decided that I am going to add a weekly item to the blog: the Saturday Weekly Roundup. I will include a list of all of the articles that I linked to this week (including my own) on Twitter. That way, in case you missed a tweet, you can easily catch up.

So, here is the list for the first week:

How to Register Your New Company with the State by Cate Costa for New Venture Mentor

FYI Google, I Am Not a Man Simply Because I Am Interested in Business by Cate Costa for New Venture Mentor

The Kauffman Foundation Unveils Its First Ever Super Bowl PSA Honoring and Inspiring Entrepreneurs by Michael Emerson Dirda and Barbara Pruitt for the Kauffman Foundation

Behavioral Marketing: 4 Huge Myths by Erik Sherman for

How to Protect Your Online Reputation by Tanya Rutledge for

Show Us Your (Wild, Bold, Extreme) Cards by J. Jennings Moss for

For the Sake of Your Startup, Let Go of Secrecy and Get Rid of the NDA by Cate Costa for New Venture Mentor

Mentors: A Young Entrepreneur’s Secret Weapon by Adam Toren for

Graves Introduces Small Business Legislation, Takes Action to Reform Small Business Contracting Policy press release for Congressman Sam Graves

Video: Obama Conveys Small Business Strategy via Google+ for Reuters

SEC Advisory Panel Concerned About Crowdfunding by Sarah N. Lynch for Reuters

How to Find the Right License and Permit for Your New Business by Caron Beesley for the Small Business Administration

Clock Ticks for Startup Bills by Kent Hoover for

The Lowdown on Obama’s Small Business Plan by Kimberly Weisul for

Utilizing for Your Small Business by Cate Costa for New Venture Mentor

How to Overcome Past Performance Issues When You Lack Government Contracting Experience by Lourdes Martin-Rosa for GovWin from Deltek

Startup America Relocates to URL and Offers Free .co Domains to All Members by Jon Russell for The Next Web

5 Alternative Ways to Get Your Story Told by Andre Leb for

Negotiating for Wimps by Jeff Haden for