Source: CNBC.com – As 2014 wraps up, there’s one thing we can agree on: It was a wild year for tech start-ups. Trends included the sharing economy, crowd-funding, wearables, mobile payments, the enterprise space with big data and flash storage. And investors chased valuations into the stratosphere. Through the first three quarters of 2014, venture capitalists poured more money into U.S. start-ups than in any full year since 2001, according to the National Venture Capital Association.
After slowing in the fourth quarter of this year, economic growth will pick back up again in 2015. The fourth-quarter pause — with growth slipping to only about a 2% annualized pace, after averaging nearly twice that rate in the second and third quarters — is no cause for concern. It is not uncommon for several strong quarters to be followed by a weaker one, with growth then bouncing back as the economy catches its breath. Source: Kiplinger Site By: David Payne
John got a call from one of his biggest customers. They had been in the process of putting together a large order that John thought would be his most important piece of business for the year. It was a fair deal – both sides would benefit.
The customer was calling to advise that they were not going to proceed with the order. John was stunned. Almost too surprised to even ask “Why”? What he heard surprised him even further!
Ask yourself this question; If you decided to take six months off from the business – as opposed to the old “what happen if you get hit by a bus” question – can your business survive without you for an extended period of time?