Mind Petals: Plan Heaven is a site focused on linking entrepreneurs with investors. Never used their service, but I think that it has some cool features than may be worth exploring.

For those of you aggressively pursuing investors and trying to raise some capital for your startup, spending the monthly $49 for the capability to share video presentation of your idea, a business plan, and the chance to go one on one with a Angel / VC might not be such a bad deal.

What I really like about this service is the “video” option. You and your team can record a video presentation of what you are doing with your startup and upload the video to the site. Plan Heaven will then update potential investors with your video and see who bites at the opportunity to learn more. Personally, if I shot a video for this, I wouldn’t release any proprietary information — just keep in short, simple, and give ‘em just enough for them to want to learn more.

Plan Heaven: Matching Entrepreneurs, Investors, and Resources [Mind Petals]

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StartupNation: Competition is as inevitable in business as death and taxes are in human existence. Even if your startup business has stolen a march on the rest of the world with your product, service, execution, distribution or customer service, somebody else will inevitably try to chase you down and beat you at your own game.

Most entrepreneurs become concerned about competition early on and never quite shake their fears. In fact, besides tax issues and the matter of health care coverage for their employees, a recent survey reveals competition is the biggest concern of small business owners. And most of them are far more worried about the guy down the street than they are about being stomped by some Fortune 500 corporation.

But there’s one fail-safe way to avoid a preoccupation with your rivals – and that is to focus always on making your startup business the best that it can be. Whether your edge on the competition lies mainly in unique product selection, supreme customer service or cutting-edge marketing, you’ve got to maintain or increase that lead – and then look around for some other way to best your competitors as well.

5 Startup Tips for Beating your Business Competitors [StartupNation]

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BusinessKnowHow.com: Positive relationships are the key to success in business. What if we've already burned bridges with the people we've done business with in the past? Is it too late to make peace? Or, how do we prevent burning bridges with the people we're doing business with now?

Below are a few strategies that I use to prevent burning bridges and to nurture positive relationships with my clients:

- Always treat your customers like dear and valued friends. Do the nice things for them that you'd do for your best friend or a family member.

- If your customer has a problem, rectify it as soon as possible. Communicate with them always. Let them know exactly how you intend to handle the problem, and when you'll be in contact with them next.

- Always try to conduct yourself nobly and professionally in the end, as well as in the beginning of a relationship with your customer.

- If the business/customer relationship doesn't work out, attempt to salvage whatever good and goodwill are still left in the relationship. Just because it didn't work out with them, doesn't mean they wouldn't refer others to you...as long as you treat them with respect.

- Despite any differences of opinion, work hard to be honest and positive. Always be noble, respectful and genuine.

Positive Relationships Are The Key to Business Success [businessknowhow]

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CNNMoney.com: Vail Horton, the co-founder and CEO of Keen Mobility, likes to glide along the hallway of his headquarters in Portland, Ore., on his wooden skateboard, checking in with employees who might need an extra jolt of encouragement or a laugh with their morning coffee. Wearing Dragon sunglasses and a dazzling smile, the man who runs this medical-device manufacturer might seem like any other brash, 30-year-old entrepreneur - with one striking difference: Horton leaves his legs behind in his office, propped up against his giant desk.

Horton was born without legs or a fully developed right hand, and doctors told his parents he would never be able to walk. But after consultations with rehabilitation experts and months of intense physical therapy at home, Horton took his first steps at age 4 with the aid of crutches and prostheses. He has been exceeding expectations ever since.

While still an undergraduate business major at the University of Portland, he developed chronic pain in his shoulders from the prolonged wear and tear of walking on crutches. Instead of resorting to a wheelchair, he came up with a new kind of crutch, using shock absorbers at the base to lessen the impact. Realizing that he had coincidentally discovered a promising market, Horton and his roommate, Jerry Carleton (now vice president of business development), decided to start a company that could help others overcome disabilities. The two launched Keen Mobility in 2002, naming their startup for the grandfather who encourage Horton at every turn, and giving it a lofty goal: to better the lives of customers who are elderly or disabled.

A disabled CEO's $2 million innovation empire [CNNMoney.com]

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Are you an entrepreneur seeking to start or grow your existing business? Then you definitely want to take advantage of these exclusive training segments from educators like Brian Tracy, Dr. Joe Vitale, Dan Poynter and Bob Doyle; over 4 hours of detailed online video training. This is your "Business Success Scholarship", compliments of Northstar Thinktank.

Northstar Thinktank is an exclusive team of World-Class Business Experts who have made millions operating successful companies. They've also guided the success of more than 2,500 companies who have turned to our team for one-on-one expertise.

The Northstar Thinktank Business Success Scholarship is available free here at http://scholarship.northstarthinktank.com

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Inspired Business Growth: Do you own a business that depends on local customers? Most brick-and-mortar businesses do very little online advertising or promotion, thinking that investing in internet marketing would be a waste of time for such a small geographic area.

Think again. Local online advertising can mean big business. Unless your business is the first thing that comes to mind for every person in your local community, keep in mind that approximately 60% of customers use the internet to research products or services online before they make a purchase (according to DoubleClick). And if you need a plumber, you would likely search for “plumber Naperville IL” - in fact, an estimated 30% of ALL internet searches have a local intent.

The various local advertising options you have:

Paid Search Engine Marketing - With PPC (Pay Per Click) search engine marketing, you can target your ads to only appear in a certain zip code. This way you can ensure that your ads are only being seen by the right potential customers.

Online Local Directories - Free options mentions in the above referenced article included the extremely popular MerchantCircle.com(USA), TouchLocal (UK) and Local.com as well as Google Local, Local.Yahoo.com, and Craigslist.

Local Online Media Planning and Buying - There are several very large websites that draw visitors that search for local information, and have the capability of geo-tergeting their ads to your region or zip code. National sites include Weather.com, Zillow.com, and CitySearch.com.

How to Market Your Small Local Business Online [Inspired Business Growth]

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You've always wanted to start your very own business. You dream of coming up with the next BIG thing that will change the way business works. You want to spread your evolutionary idea to the world. If the above describes you, then you may find this e-book report useful.

CoolBusinessIdeas.com, our sister site, is offering all BIZNESS! Newsletter subscribers a free 145-pages PDF report (worth $75) called "2006's Best Business Ideas".

This 145-pages report, "2006's Best Business Ideas", is a compilation of the business ideas and concepts which made it big in 2006. We've included 2005's and 2004's hits as well. As you brainstorm of how to start your own business or how to take your existing business a big step forward in the year 2007 and beyond, learn from how the entrepreneurial mavericks did it in 2006. In every industry from advertising to e-commerce, there'll surely be some interesting new idea or innovation in this report which will hopefully inspire you to your own breakthrough, radical and never-seen-before business vision.

The report is included free with your subscription to our free, biweekly BIZNESS! newsletter. We publish this free, biweekly email newsletter dishing out the latest small business advice, business tips and info, and entrepreneur resources. A must-read for the aspiring entrepreneurs and small business owners, it is a good complement to our daily blog.

Subscribe for free now and get your free report!

The current newsletter can be viewed here. More details about the newsletter here.

Important: Instructions on how to download the free ebook report will be enclosed in your welcome email. When you've signed up through the online signup form, an initial confirmation email will be sent to you. You need to click on the confirmation link in that confirmation email first before you can be subscribed successfully! The download link will be embedded within the welcome email that will be sent to you after you've confirmed your subscription.

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Entrepreneur: If you burn out in a new business venture, it's the result of intense and arguably greater pressure built up over a shorter interval, and it's infinitely harder to walk away. It means abandoning your dream, leaving your employees jobless, and facing sometimes dire financial and psychological consequences. I personally know of one suicide and one near-suicide caused by the startup stress trap.

That's why it's important to take preventive measures to avoid letting your startup drive you to the brink. Here are a few simple ways to nip burnout in the bud:

1. Build a knowledge base.
2. Adapt your business plan.
3. Make daily lists of the next day's tasks.
4. Hire a good team.
5. Leave your work at work.
6. Get a coach.

New Business Burnout: Don't Be a Victim [Entrepreneur]

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ConsumerGeneratedMedia.com: Recently, my colleague Max Kalehoff and I put together a list of "Top Ten Principles of Consumer Consumer Generated Ad Campaigns." Max added a few additional thoughts on top of this list in his most recent MediaPost column. You may also recall an earlier blog post on this topic in the context of Super Bowl advertising. Key message: by all means test the waters, but keep a good check list in front of you!

1. Connect The Program To Larger Business Goals: Ensure that your strategy aligns with well-defined goals and objectives, and create a measurement framework for program planning, tracking, adjusting and evaluating.

2. Keep It Authentic: Leverage the full creative power of the participants and don’t set narrow guidelines on the creative. .

3. Be Transparent: Don’t play fast and loose with the fact that the brand facilitated content creation.

4. Encourage Advocacy: Don’t be shy about allowing entrants to vote for their favorites and encourage their friends and family to vote.

5. Empower Syndication: Make it simple to upload, simple to share, simple to embed on blogs and other community and video platforms.

6. Tap The Long Tail: Don’t hesitate to leverage non-winners for other marketing purposes. Embrace them as passionate and loyal stakeholders, and use the Web site as a repository for their rich content.

7. Capture The Moment: Capitalize on “great brand moments” when consumers are highly vested and more likely to advocate, such as new product launches, purchases, or actual brand use and enjoyment.

8. Be Consistent: If you create an environment of dialogue and interaction, stakeholders will notice inconsistencies across other customer touch points or company silos.

9. Embrace Criticism And Deprecation: You’ve got to take the bad with the good. While a good strategy will acknowledge and plan for detractors, the reality is that everyone is empowered to publish.

10. Move From Campaign To Platform: Campaigns may have clear beginnings and endings, but there may be dimensions of your program that want to live on forever. Prepare a platform to facilitate and leverage sustained engagement and brand return.

Ten Tips & Principles of Consumer Generated Advertising Campaigns [ConsumerGeneratedMedia.com]

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Business 2.0: As an eager young buyer for gourmet market Cowan & Lobel in Albany, N.Y., Rachael Ray spent hours spying on customers, looking for tipoffs to new trends. One odd pattern she noticed again and again: Many well-to-do shoppers would bypass the produce section and head straight for the prepared-foods counter. That gave her an idea: Why not run a cooking class for harried consumers, showing them how to make gourmet meals in 30 minutes flat?

To Ray, it was just a small way to prop up grocery sales. But a decade later, that simple notion has turned Rachael Ray into a brand on par with Martha Stewart and created a small media empire worth a reported $10 million. Since its debut in 2001 on the Food Network, Ray's top-rated cooking show, 30 Minute Meals, has spawned three more Ray-hosted shows on the network, 16 cookbooks, a self-titled national magazine, and even a syndicated daytime talk show.

One-man Brands [Business 2.0]

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ClickZ: With all the talk about user-generated content (UGC), marketers often overlook one of the most effective ways to exploit this concept: providing a way for your target audience to share their photos on your site. With today's tools, photo-sharing is easier and more cost-effective than you might think.

As a non-text content, customer photographs allow marketers to tap into social media. Though only a small percentage of users submit their snapshots, these images attract more viewers and others interested in experiencing them in other ways, such as mash-ups. These images can appear on your site, your blog, or photo-sharing and other third-party sites.

Add User Photographs to Your Site [ClickZ]

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WiseCamel.com: Like you, I like strippers.

However, I generally find myself leaving the strip club with an empty wallet. Any business that can get you to spend all of your money is a good one to be in.

But while walking out of a club one evening, I realized that a big reason they have such a good business is because strippers are such great salespeople. It is not simply due to the fact that they are selling to stupid, horny men like myself, but because they use a lot of highly effective sales and marketing techniques.

You too can achieve great success by applying sales and marketing techniques of strippers. Here are the 10 sales and marketing techniques I have learned from strippers.

10 Sales and Marketing Tips I learned from Strippers [WiseCamel.com]

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Mediapost: With the childhood obesity issue and food marketing back in the headlines, McDonald's is launching a summer PR effort it says is in response to consumer rather than political pressure. Six moms will serve as embedded citizen reporters, covering the company from the inside.

McDonald's cites a March survey by GfK Roper Custom Research showing that nearly 90% of moms believe it's important that fast-food restaurants provide more information about the food they serve.

The six moms--of different ethnicities and from disparate parts of the country--will report to the outside world via blog and video on a McDonald's Web site for the next few months. They will be getting an insider's "Willy Wonka" view of the Oak Ridge, IL-based company, and how it chooses, prepares, and distributes food.

Through the Moms' Quality Correspondents program, the women will meet McDonald's nutritionists, chefs, ingredient suppliers, executives and others.

McDonald's Lets Mom Bloggers Into The Kitchen [Mediapost]

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Entrepreneur: JetBlue remains the best low-cost carrier for the third straight year, according to J.D. Power and Associates' 2007 North America Airline Satisfaction Study. The survey gauges customer satisfaction by looking at performance indicators across several categories, such as cost, in-flight services and boarding/deplaning time. It's somewhat surprising, considering the winter weather blues that kept more than 10 of JetBlue's flights grounded. One jet literally froze on the runaway, trapping passengers flying to sunny Cancun, Mexico for more than eight hours.

Linda Hirneise, executive director of travel practice at J.D. Power and Associates, believes JetBlue kept its ranking because the airline commands a fiercely loyal customer following with its modern amenities including leather seats, all-you-can-eat in-flight snacks and satellite TV at a time when many other airlines are phasing them out. American Airlines, which stripped passengers of the seat pillow last year, showed the largest decline in quality among the traditional carriers category.

JetBlue Still Top Low-Cost Airline [Entrepreneur]

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Mind Petals: Well I’m here to challenge that notion about quitting and giving up. Yes, we should be quitters and give up on things in life. Just because we’re entrepreneurs, it doesn’t mean we have this “never-give-up” law up imprinted in our souls.

Sure, if an idea turns into a mess and begins to bring unhappiness into your life, then get rid of it. Bury that baby! It’s perfectly fine to give up on an idea and push forward with something else.

Think of yourself as an scientist… actually, don’t think of yourself as one — you are a scientist. And as a scientist you are going to explore and experiment and fail. Some of your ideas will be solid, some weak, and some “so-so.”

But here’s the thing: you need to learn how to quickly get out of a “bad” idea and start searching for a “good” idea right away. The key here is to find an idea that you can focus on and truly explore for, well, the rest of your life possibly. But, if you continue to keep yourself trapped in a series of “so-so” ideas that are eating up your energy, creativity, and well-being, then you are going to be the demise of yourself — your entrepreneurial journey.

Learn when it’s time to put the nails in the coffin and bury your bad ideas. Learn this now and learn it fast. It’ll push your forward as an entrepreneur and there will be less weight on your shoulders. And the less weight on your shoulders, the easier it’ll be for you to move the world.

When is it Time to Put Your Idea in A Box, Nail it up, and Bury it for Good? [Mind Petals]

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Telegraph: Young British entrepreneurs are launching a new website to house spare business ideas that can be developed by anyone that finds them interesting. James Murray Wells, the twenty four-year-old multi-millionaire founder of www.glassesdirect.co.uk, and Oli Barrett, founder of new ideas company Connected Capital, are behind the venture. It will be launched this week and is called IdeaVolcano.com

More than 100 entrepreneurs and business advisers have already signed up to the site during its testing phase. Mr Murray Wells said all the entrepreneurs he encountered had more ideas than they could handle and the site would allow them to realise their potential. "There’s a lot of people with good ideas and lots of people that are looking for good ideas," he said. "That’s what we are hoping to do with Idea Volcano, putting these people together."

Website will help entrepreneurs to develop business ideas [Telegraph]

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Teentrepreneur.com: Another problem that you will encounter as a young entrepreneur is the process of sending and receiving money online. Standard payment methods such as cheques, postal orders or cash just wont be good enough today in a world of speed. What happens if you need a website designer to do a job in 1 day? You won’t be able to send a cheque as it would take up to 14 days. This is where online money comes into play and this is what Ill be talking about in this article

When eBay was launched in September 1995 there was a great need for a new, innovative service that would allow buyers and sellers to send and receive payment easily and quickly. So many people use credit cards in shops that it would have been silly to not allow them to use them online. Thus Paypal and similar sites such as WorldPay and Nochex were born!

The idea behind a site such as Paypal is very simple. All you do is create an account and link the account to your main bank or credit card account. Therefore when you want to buy something, you can use funds from your bank account, and when you want to receive payment, other people can send you money using their credit card.

How To Pay and Receive Money Online [Teentrepreneur.com]

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Entrepreneur: If your restaurant isn't accepting online reservations, you may want to rethink your web presence. About 7,000 high-end restaurants around the world use OpenTable, a San Francisco-based company that allows eager eaters to book online reservations.

The company, which started in 1999, wasn't accepted by the restaurant community right away, but has slowly gained momentum, especially over the last couple of years. Another perk of the software: You can use it to keep track of idiosyncrasies of hundreds or even thousands of your guests.

Restaurants pay OpenTable a dollar per diner who books through their service. But according to industry insiders, it's worth it. "It's not a cheap solution, but it's a good one," says Laurence Kretchmer, co-owner of three restaurants with Bobby Flay.

Online Reservations Get Popular [Entrepreneur.com]

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BusinessWeek: If you sell almost any type of product, then you already know that despite your best efforts at managing service and inventory, clients will be displeased from time to time. But don't simply accept ongoing dissatisfaction as an inevitable part of doing business. Instead, work at improving how you deal with customers whose experience has been less than satisfactory. It could mean the difference between losing customers permanently or keeping them satisfied—maybe even more committed to doing business with you. Here are seven keys.

1. Always acknowledge the customer's problem.
2. Ask the customer what you can do to make her feel better.
3. Tell your customer that you want to record all the details of the mistake so you can share it with everyone within your company to prevent it from happening again.
4. If the customer has been getting the runaround, and you are still not the person who has the answer, tell the customer that you will find out and call her back.
5. If you can, provide the customer with your name and contact number so that he may call you in the future if issues arise.
6. Never say "It's our policy."
7. Never blame your company or someone else in your company.

Dealing with Angry Customers [BusinessWeek]

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sdbj.com: Linda Byerline hates to admit that her business experience is self-taught. She was a stay-at-home mom with a nursing background when she posted an image of an extra cloth diaper she had made for her daughter on eBay.

Four years later, Byerline runs Happy Heiny’s, which provides cloth diapers online and in retail stores across the world.

“It completely caught us off guard,” she said of the immediate success of the company.

Byerline is planning to open her first “brick-and-mortar” store in El Cajon later this summer after moving the business out of her home this year.

Entrepreneur Profile [sdbj.com]

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CNNmoney: Jake Nickell and Jacob DeHart were fresh out of high school seven years ago when they had the idea that would make them millionaires. After entering an Internet T-shirt design competition, the two Chicagoans thought maybe that was the way all T-shirts should be made.

Most stores print a bunch of shirts and lose money on the ones people don't like. Instead, they figured, why not let customers rank designs ahead of time and then print only the winners?

The idea grew into an online store called Threadless that struck a chord with Web-savvy designers in Chicago and beyond; last year Nickell and DeHart sold $16 million worth of T-shirts.

The key to their success? High profit margins -- the shirts cost as little as $4 each to make and sell for $15 and up -- and a business model built on the care and feeding of an online community.

'Project Runway' for the t-shirt crowd [CNNmoney]

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GetEntrepreneurial.com Newsletter Issue #1

View this issue of the GetEntrepreneurial.com Newsletter by clicking here. Subscribe for free by clicking here

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Inc.com: It may cost them more, but small-business owners seem increasingly willing to make environmentally conscious business decisions, according to a new survey.

Of 600 small-business owners nationwide, two-thirds said they would pay more for environmentally friendly goods and services for their business, according to the latest Wells Fargo/Gallup Small Business Index poll.

At iLite Technologies, a Chicago-based technology company that designs and manufactures lighting systems for commercial markets, president and CEO Sean Callahan found that despite the higher cost, using environmentally conscious lighting materials actually results in a better finished product -- not just a greener one.

Entrepreneurs Willing to Pay More to Go Green [Inc.com]

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Inc.com: Whether it's quality, selection, product knowledge, or customer service, small retailers can leverage a stronger brand identity to take on big-box competitors. For far too many large corporate retailers, their primary strategy is to build sales through low prices, to leverage their sheer size into economies of scale that drive down their costs and allow them to offer the lowest possible prices. Their entire business model is built on volume, and the primary tool of choice in their toolkit is price promotion. Sales, circulars, coupons, special events -- however the promotion is structured -- the offering is built around price.

Building brand equity for your store is a critical element in maintaining pricing integrity, protecting margins, and assuring long-term profitability. Building brand equity requires clarity of purpose. When customers think of you, they will focus on the one thing at which you excel. Focusing yourself and all of your people like a laser beam on that one thing, whether it be quality, selection, product knowledge or customer service, and building everything you do around that core mission, is the key to building retail brand equity.

Building Brand Equity [Inc.com]

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Blogtrepreneur: So, how do you go about choosing and investing wisely in Text Link Ads? Here are a few guidelines:

1) Checkout the “New Text Link Ads” page over at the TLA site. This is a list of all the recently added sites to the main database. Often these sites will be new blogs which have recently passed the PR4 expectations limit that the company set on new publishers.

2) Hover your mouse over the “Reveal” text to read up more about the specific blog. URL’s aren’t given, as otherwise advertisers could jump the middle man (aka. TextLinkAds the company). Check on the Alexa Rank, Number of pages, Link Popularity and Number of Links Sold. The main idea is to find a new site with a low Alexa Rank (if possible under 100,000), a high number of pages, a high link popularity (as this will give your link more weight in Search Engines), and a low Number of Links Sold in order to make your link stand out at the top of the list.

3) Using the Title and Description given on the page, open up Google and search for the Title and/or keywords mentioned. You should be able to find the site easily unless the description is vague and open-ended. By taking a look at the site itself, you can see where your link will be placed. You can also get a feel for the author (if it’s a blog), and to judge potential.

4) Then finally, purchase your link for as long as you want to risk. The longer you can afford to do so, the better. But another vital thing here is to keep reviewing the blog that your advert is on. If you can see things starting to go dry, then stop and move on. It’s better to cut your losses rather than to keep on throwing money at a dead cause.

How To Invest In Text Link Ads [Blogtrepreneur]

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YoungEntrepreneur: How is that for a title to get your attention? CNNMoney recently put out a series of 8 profiles that look at successful entrepreneurs who have built up their companies despite not having access to major financial backing.

It goes to show you that you do not need a lot of money to get started - you just need to invest the capital you do have and your energy in the right places.

The profiles are a quick read and also include 8 lessons for success including:

Lesson: If you must borrow from your friends and family, keep it formal

Lesson: Prep as much as you can while you’re on someone else’s payroll

Lesson: Do what makes you happy - because at first, happiness is likely to be your main reward

Lesson: It’s not who you know - it’s how well you keep in touch with them

Lesson: You’ll amaze yourself at how cheaply you can run a business when it’s yours

Lesson: That great idea you had for your boss? Maybe it’s the business you’re looking for.

Lesson: Help investors see that taking a chance on you is not that big a risk after all

Lesson: Picking the right partner can be as important as picking a product

How To Get Rich [YoungEntrepreneur]

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Youngentrepreneur: BusinessWeek put out a list this week of their top European Young Entrepreneurs for 2007. They looked at business owners who were under 25 years old, were making an impact, and were inspiring others to do so as well. Most of the featured entrepreneurs are in technology related businesses and are breaking from the traditional past of their deeply routed cultures.

Some of the winners are:

Russia: Artemi Krymski, 23 - building the best real estate directory for buyers looking to purchase properties

Sweden: Jonas Hombert, 20 - selling easy to use video-editing software taking advantage of the YouTube craze

Ireland: Aodhan Cullen, 25 - founder of popular web analytics software provider StatCounter (I use it for my website and am a big fan)

Estonia: Karoli Hindriks, 23 - runs MTV Estonia and sells knitted hats and gloves made from reflective material

Top European Young Entrepreneurs of 2007 [Youngentrepreneur]

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Reveries: Timothy Ferris used to work 14-hour days and make $40,000. Today, at 29, he says he works four hours a week and makes $40,000 a month, reports Michelle Archer in USA Today (6/11/07).

Timothy says he has put his "cash flow on automatic pilot... by outsourcing to an extreme degree," including "using virtual personal assistants from India and elsewhere to handle almost everything... for $4 to $15 per hour." He writes: "Fun things happen when you earn dollars, live on pesos and pay in rupees." Timothy advises liberating yourself "from a single location and enabling employees to escape the clutches of their bosses by proving their performance is more important than their presence".

4-Hour Workweek [Reveries]

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About.com: When getting funded, the due diligence process can be excruciating for the business. But if you know what to expect, it will be far less painful. Venture capitalist Ziad Abdelnour of Blackhawk Partners recently sent the following letter out to his list explaining their due diligence process in more detail. While each investment group may have its own variations, this offers tremendous insight from an investor's perspective.

If you ask ten funded entrepreneurs what happened during the VC/private equity due diligence process, you will get ten different answers. Some will say they lost valuable months answering endless questions for groups that never produced a term sheet. Others may admit they gained valuable insights to their business.

I am uncertain when the due diligence process gathered so much mystique, but among entrepreneurs, there is still an urban "myth status" about what happens behind close doors.

We believe it shouldn't be a mystery.

Due Diligence Is No Mystery [About.com]

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PowerHomeBiz: Online videos are growing in popularity, as more and more people watch videos on the Web -- from movie previews to amateur productions. Broadband penetration is increasing especially in the United States, allowing more Internet users to enjoy sound, movement, advanced interactivity, and hence videos online.

You can create product demonstration or video instructional videos to show visitors how to use the products you sell. These videos allow customers to see your products beyond the 2-dimensional pictures, and provide them an opportunity to see how the product works, understand the functions of the product, help them know what they can do with the products, and give a better sense of the size and shape of the product.

You can also offer videos that appeal to your audiences as additional content of your site. Visitors are likely to come back to your site if you offer videos related to their interests that cannot be found anywhere else. Better yet, make the visitors feel more valued and important by letting them share their own videos about your topic.

Google bought the video sharing site YouTube for a whopping $1.65 billion in 2006, a clear indication of the growing power of videos. With YouTube's traffic quadrupling in the first half of the year, companies are flocking to YouTube to boost brand awareness and benefit from the power of viral marketing.

How to Use Video and Rich Media to Drive Online Sales and Loyalty [PowerHomeBiz]

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SmallBusinessCEO: What the definition of an entrepreneur is. Is it a role, an attitude or a title?

Webster's Collegiate Dictionary defines it as: "On who assumes the risk and management of a business."

That is no help. If I am a functional manager in a business, say a Sales VP, I am surely managing a part of the business and I am taking a risk with my career, my employees and peers. Does that make me an entrepreneur?

Maybe it is all of the above, a role, an attitude and a title.

Entrepreneur seems to be the hottest buzzword going around, the hero, the savior of economies worldwide. How do we spot one when we see one? How do we spot youngsters and support them in their journey to business success?

What is an Entrepreneur? [SmallBusinessCEO]

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GetEntrepreneurial.com reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice. You agree that GetEntrepreneurial.com shall not be liable to you or to any third party for any modification, suspension or discontinuance of the Service.
GetEntrepreneurial.com may change, add or remove any part of this Agreement, or any other terms associated with the use of the site, at any time, by posting a notice of such changes to the Terms and Conditions page of the web site. Any changes shall become part of the Agreement and shall apply as soon as such a notice is posted. By continuing to use the GetEntrepreneurial.com after the notice is posted, you are indicating your acceptance of those changes.

4. SPONSORS, THIRD PARTIES AND ADVERTISERS
Your correspondence or business dealings with, or participation in promotions of, sponsors, third parties or advertisers found on or through the Service, including payment and delivery of related goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between you and such sponsor, third party or advertiser. You agree that GetEntrepreneurial.com shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or as the result of the presence of such sponsors, third parties or advertisers on the Service.

5. LINKS
GetEntrepreneurial.com may provide, or third parties may provide, links to other World Wide Web sites or resources. Because GetEntrepreneurial.com has no control over such sites and resources, you acknowledge and agree that GetEntrepreneurial.com is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any content, accuracy, quality, advertising, products, or other materials on or available from such sites or resources. You further acknowledge and agree that GetEntrepreneurial.com shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such site or resource.

6. DISCLAIMER OF WARRANTIES
YOU EXPRESSLY UNDERSTAND AND AGREE THAT: 
a. YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. GETENTREPRENEURIAL.COM EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. 
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c. ANY MATERIAL DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE USE OF THE SERVICE IS DONE AT YOUR OWN DISCRETION AND RISK AND THAT YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF ANY SUCH MATERIAL. 
d. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU FROM GETENTREPRENEURIAL.COM OR THROUGH OR FROM THE SERVICE SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THE TC. 
e. THIS WEB SITE MAY CONTAIN VARIOUS COMBINATIONS OF TEXT, IMAGES, AUDIOVISUAL PRODUCTIONS, OPINIONS, STATEMENTS, FACTS, ARTICLES, MARKET DATA, STOCK QUOTES OR OTHER INFORMATION CREATED BY GETENTREPRENEURIAL.COM OR BY THIRD-PARTIES. DUE TO THE NUMBER OF SOURCES FROM WHICH CONTENT IN THIS SITE IS OBTAINED, AND THE INHERENT HAZARDS OF ELECTRONIC DISTRIBUTION, THERE MAY BE DELAYS, OMISSIONS OR INACCURACIES IN SUCH CONTENT. ACCORDINGLY, SUCH CONTENT, INCLUDING THE MARKET DATA, IS FOR YOUR REFERENCE ONLY AND SHOULD NOT BE RELIED UPON BY YOU FOR ANY PURPOSE. SUCH CONTENT IS NOT INTENDED FOR THE PURPOSE OF TAX OR INVESTMENT ADVICE AND IT DOES NOT ADVOCATE THE PURCHASE OR SALE OF ANY SECURITY OR INVESTMENT. 
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8. EXCLUSIONS AND LIMITATIONS 
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9. TRADEMARK INFORMATION 
All other trademarks appearing on the Site are trademarks of their respective owners and our reference to them does not imply or indicate any approval or endorsement by their owners unless such approval or endorsement is expressly made. It is understood that GetEntrepreneurial.com is a news and information site and service and that references to other names and trademarks are necessary in the course of providing news.

10. NON-WAIVER 
The failure of GetEntrepreneurial.com to exercise or enforce any right or provision of the TC shall not constitute a waiver of such right or provision. If any provision of the TC is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties' intentions as reflected in the provision, and the other provisions of the TC remain in full force and effect. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Service or the TC must be filed within one (1) year after such claim or cause of action arose or be forever barred. 

11. HEADINGS FOR CONVENIENCE ONLY
The section titles in the TC are for convenience only and have no legal or contractual effect. 

12. VIOLATIONS
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13 . INDEMNIFICATION: 
You agree to indemnify, defend and hold GetEntrepreneurial.com harmless from any claims and expenses, including reasonable attorneys' fees, arising from or related to any breach by you of any terms of this Agreement.

14. LETTERS TO THE EDITOR OR OTHER SUCH COMMENTS OR MATERIALS: 
Any comments, materials, or letters sent by you to GetEntrepreneurial.com regarding the site, including without limitation, questions, comments, suggestions, criticisms or the like ("Received Materials") shall be deemed to be non-confidential and free of any claims of proprietary or personal rights unless you explicitly state in the correspondence that the letter is "not for publication" and contains "private and proprietary" information that may not be distributed. GetEntrepreneurial.com shall have no obligation of any kind with respect to such Received Materials and GetEntrepreneurial.com will be free to reproduce, use, disclose, exhibit, display, transform, edit, abridge, create derivative works from and/or distribute the Received Materials without limitation or restriction. Furthermore, GetEntrepreneurial.com is free to use any ideas, concepts, know-how, or techniques contained in any communication you send to GetEntrepreneurial.com for any purpose whatsoever, including, but not limited to, developing, manufacturing, and marketing products using such information, without compensation or any other obligations to anyone, including you. 

15. PRIVACY
You can read GetEntrepreneurial.com's privacy statement here.

16. RESTRICTIONS ON USE: 
You may not use GetEntrepreneurial.com or its content for any illegal purpose or in any manner inconsistent with these Terms and Conditions. You agree to use GetEntrepreneurial.com solely for your own noncommercial use and benefit and not for resale or other transfer or disposition to any other person or entity. 

17. SEVERABILITY: 
If any provision of this Agreement is found invalid or unenforceable, the provision will be enforced to the maximum extent permissible and the other provisions of this Agreement will remain in force. 

18. ENTIRE AGREEMENT:
This Agreement and any other terms and conditions of service on http://www.GetEntrepreneurial.com constitute the entire agreement between you and GetEntrepreneurial.com and govern your use of the Service. 

19. REFUSAL OR DISCONTINUANCE OF SERVICE: 
GetEntrepreneurial.com reserves the right to refuse or discontinue service to any user for non-compliance with these Terms and Conditions. 

I HAVE READ AND UNDERSTAND THIS SUBSCRIBER AGREEMENT AND AGREE TO BE BOUND BY ALL OF ITS TERMS.

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Privacy and security

The privacy and security of our site visitors and newsletter subscribers is our highest priority. We will never offer any information about you to any third party unless we receive your prior consent. GetEntrepreneurial.com has created this privacy statement in order to demonstrate our firm commitment to your privacy. The following discloses our information gathering and dissemination practices for this web site. 

Contents

The basics of our privacy statement 
Personal information that we gather
Who receives our emails 
What we e-mail 
Unsubscribing 
Unwanted emails 
Spam filtering 
IP Address
Cookies
Links
Notification of changes 
Legal disclaimer 

The basis of our privacy statement 

We will not send you unsolicited e-mail (known as SPAM or UCE). We will only send e-mails to those who have affirmatively requested them through our opt-in process. We will never sell or give away your personal information to third parties for purposes of building contact lists, or anything of that nature, without your permission. GetEntrepreneurial.com stands firmly against any transfer of personal information for reasons of building the contact lists of third parties. 
We respect your right to have your email removed from our databases - you may unsubscribe at any time at your sole discretion.
We appreciate you subscribing to our newsletter mailing list and using our website. We will not abuse that privilege. GetEntrepreneurial.com puts a high priority on list accuracy and quality content. 

Personal information that we gather

Information on general usage and any optional personal details you provide to us will be used to provide you with enhanced features such as customized content, access to special sections on our web sites and so on.

The following are details of the information we collect:
GetEntrepreneurial.com collects data through registration from our subscribers. Additionally, usage information may be analyzed so that we can judge our system's performance or to determine whether we should offer customizable features in the future. 

Surveys may ask for contact information or unique identifying information to increase the value of the results. Contests may require contact information or other demographic/personal information in order to determine your eligibility. 

Who receives our emails

Only those who subscribe to our mailing list receive our newsletter. We will only send requested promotional email to registered visitors and members who have opted-in to our e-mail list. To ‘opt-in’ means you have entered your email address and clicked on the ‘submit’ or ‘go’ button.


What we e-mail

To those who specifically request them, we send the GetEntrepreneurial.com newsletter at the start of every new month. Special promotional mailings from our partners are emailed to those who have specifically requested for them during the newsletter signup process.

Unsubscribing 

You may at any time choose to unsubscribe to the GetEntrepreneurial.com newsletter. To unsubscribe, simply click on the unsubscribe link found at the bottom of every issue of the GetEntrepreneurial.com newsletter. Your request will be processed immediately. You will be removed from our list and you will not receive future messages from us.

Unwanted emails

There are a few possibilities why you were sent an email you do not want:
-You have forgotten that you signed up for a service. 
-We are following up on a service you once requested. 
-Someone signed you up without your permission. 
We bear no responsibility in such cases.

Spam filtering

If you are using spam filtering software, you can enter the following email address into your filtering software's "white list" to ensure you continue to receive GetEntrepreneurial.com email messages: newsletter@GetEntrepreneurial.com. For best results, add our domain, www.GetEntrepreneurial.com, to your email client's whitelist.

IP address

We use your IP address, browser type, domain names, and access times, operating system, country of origin, page views, and users sessions for traffic analysis purposes only. Your IP address is used to gather broad demographic information.

Cookies

GetEntrepreneurial.com stores non-intrusive cookies on your computer. This is to facilitate the normal operation of our blog. Please note that some of our advertising partners may use cookies to keep track of their advertising campaigns.

Links

This site contains links to other sites. GetEntrepreneurial.com is not responsible for the privacy practices of such Web sites. GetEntrepreneurial.com is not responsible for any content on any linked sites or for any goods or services available from them. 
GetEntrepreneurial.com works hard to ensure that the information contained on our web pages is accurate, relevant and of the high quality that our visitors expect. 

Notification of changes

GetEntrepreneurial.com reserves the right to change this policy at any time. Please check this page periodically for changes. You have the opportunity to opt-out of our mailing list prior to any substantial change to be taken. However, if you have opted out of all communication from GetEntrepreneurial.com, you will not be contacted, nor will your personal information be used in this new manner. We encourage you to periodically review our privacy policy to be informed of how we are committed to protecting your privacy.

Legal disclaimer

Though we make every effort to preserve user privacy, we may need to disclose personal information when required by law wherein we have a good-faith belief that such action is necessary to comply with a current judicial proceeding, a court order or legal process served on our Web site. 

The contents in this website are solely the opinions of the GetEntrepreneurial.com editors and should not be considered as a form of therapy nor advice. There is no guarantee of validity or accuracy. GetEntrepreneurial.com assumes no responsibility for injury. If expert assistance or counselling is needed, services of a competent professional should be sought.

GetEntrepreneurial.com (a) does not make any warranty, express or implied, with respect to the use of the information provided or made available; (b) does not guarantee the accuracy, completeness, usefulness or adequacy of any information accessed via GetEntrepreneurial.com; and, (c) is not responsible for any errors or omissions in the information accessed via GetEntrepreneurial.com or for the results obtained from the use of such information.

Any specific reference by name, trade name, trademark, or otherwise to any party does not necessarily constitute or imply its endorsement of the use of such information by GetEntrepreneurial.com.

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About Syndication and RSS
If you're new to RSS and syndication on the web, this page can offer you a brief explanation of the changes that RSS and syndication is bringing to Internet publishing and browsing.

What is RSS?
"RSS" stands for Really Simple Syndication. It is a XML-based standard for publishing regular updates to web-based content. Using this standard, web publishers provide updates, such as the latest news headlines or weblog postings. Consumers receive such updates by using RSS reader programs (or online services which are gaining in popularity) to collect and read their favorite feeds in one place. In other words, RSS makes reviewing a large number of sites in a very short time possible. For publishers, RSS makes possible instant delivery of updated content to users.

How do I read RSS Feeds?
You have many choices if you want to collect and read RSS feeds. Primarily, there are two types of feed reading applications: installable programs and web-based services. Among the most popular of such installable programs include NewsGator.

If you prefer to use a web-based service to manage your feeds, Bloglines is a good choice of free web-based feed reading services.

How do I syndicate content from GetEntrepreneurial.com?
That really depends on the RSS reader you're using. Generally, to track content from the GetEntrepreneurial.com Blog, copy and paste the address of our feed into your RSS reader when adding a new feed. Syndication of our blog is possible through:

RSS 2.0

We hope that you will enjoy our RSS feed.

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We will get back to you as soon as possible, usually within one or two days.

Contact details

Email: contact@getentrepreneurial.com

Web Address: http://www.GetEntrepreneurial.com

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Advertising Opportunities

GetEntrepreneurial.com offers several advertising options such as sponsored text links and graphic links.

Buy a sponsored link from only US$40.00! A sponsored text or graphic link is a static html link that can drive targeted and consistent traffic to your website. It can also aid your link popularity which is a top factor in organic search engine rankings. Sponsored text links on GetEntrepreneurial.com are sold at a flat price of US$40.00 per ad for a 1 month ad run, US$50.00 for graphic ads.

A sponsored text link should not be more than 20 words, while a graphic link should not exceed 160 x 160 pixels in size. Email to advertising@getentrepreneurial.com now to find out more.

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Can't stand your demanding boss anymore? Go strike it out on your own and start your own business!
Before that, be sure to subscribe to our free informative newsletter. GetEntrepreneurial.com publishes a free, biweekly email newsletter dishing out the latest small business advice, business tips and info, and entrepreneur resources and opportunities. A must-read for the aspiring entrepreneurs and small business owners, it is a good complement to our daily blog.

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(1) Click on the "Get The Newsletter" button below. You'll be taken to a page where you'll be asked to provide your name and contact details.

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(3) Once you confirm your subscription, all newsletter will come from the following email address newsletter@getentrepreneurial.com, so be sure to add it to your approved sender's list in your email program.

The current issue of the newsletter is always available online at:
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If one day you were to be caught up by the entrepreneurial fire within to start your own business but you do not know how and where to begin, then this is the place for you. GetEntrepreneurial.com helps the aspiring entrepreneur (you!) with small business advice, business tips and info, and entrepreneur resources and opportunities. Whether it is about creating a compelling business plan that investors simply cannot resist or putting together a cost-effective marketing campaign which reaches your target consumers or leveraging on technology to improve the bottom line, whatever help and info you need for your small business is all here at GetEntrepreneurial.com. It's time to leave the fears behind and bring out the entrepreneur in you!

GetEntrepreneurial.com is the sister-site of CoolBusinessIdeas.com, a blog about brand new promising business ideas and innovations around the world you wish you'd thought of.

The People behind GetEntrepreneurial.com:
The GetEntrepreneurial.com team is: Marcel Sim and Steven Teo. GetEntrepreneurial.com is based in Singapore.

Marcel Sim (HCJC, NTU Business School) has always maintained a keen interest in the areas of entrepreneurship, e-commerce and internet marketing. He decided to put in practive what he has learned with the starting up of CoolBusinessIdeas.com in 2004 with Steven.

Steven Teo (AJC, NTU Business School) has good experience in setting up and managing businesses, having managed multiple school-based event businesses and Internet marketing businesses. He has a good track record in starting up businesses.

If You Need to Know More:
For more information about GetEntrepreneurial.com, please send an email to contact@getentrepreneurial.com. More contact details are available here.

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