Is 2012 the Year to Start Your Business?
It's now year five of the economic downturn and you are still thinking of starting a business. Is now the right time? What you may need more than anything to succeed is courage and commitment.
What's the Latest Development?
It's year five of the economic downturn and you are still thinking of starting a new business. Is now the right time? In terms of market conditions, there are some advantages hidden in the present moment. Among them, says Carol Tice, are cheap real estate, affordable leases and cooperative landlords, weaker competition, vendors willing to offer generous terms and low-cost advertising options. "Most importantly, there's the thrill of chucking a job you hate—or maybe a floundering small business that's not working—to try out a new idea."
What's the Big Idea?
The biggest hurdle to starting your own business is rarely economic. Typically, it's gathering the courage and commitment needed to launch a start up. Tice recalls a freelance writer who felt trapped working in the family jewelry store. To realize her dream of writing for a living, she needed advice both practical and inspirational: getting realistic about her writing portfolio and working up the courage to tell her family she wanted to strike out on her own. Committing yourself to the unknown can be scary—but you only live once.
Photo credit: shutterstock.com
The ability to speak clearly, succinctly, and powerfully is easier than you think
The ability to communicate effectively can make or break a person's assessment of your intelligence, competence, and authenticity.
The results come from a 15-year study that used ultrasound scans to track blood vessels in middle-aged adults starting in 2002.
- The study measured the stiffness of blood vessels in middle-aged patients over time.
- Stiff blood vessels can lead to the destruction of delicate blood vessels in the brain, which can contribute to cognitive decline.
- The scans could someday become a widely used tool to identify people at high risk of developing dementia and Alzheimer's.
Journalism got a big wake up call in 2016. Can we be optimistic about the future of media?
- "[T]o have a democracy that thrives and actually that manages to stay alive at all, you need regular citizens being able to get good, solid information," says Craig Newmark.
- The only constructive way to deal with fake news? Support trustworthy media. In 2018, Newmark was announced as a major donor of two new media organizations, The City, which will report on New York City-area stories which may have otherwise gone unreported, and The Markup, which will report on technology.
- Greater transparency of fact-checking within media organizations could help confront and correct fake news. Organizations already exist to make media more trustworthy — are we using them? There's The Trust Project, International Fact-Checkers Network, and Tech & Check.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.