New Venture Lab: Equipping Christian Entrepreneurs

Quotes

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Matthew Henry on Proverbs 11:15

Proverbs 11:15 - He that is surety for a stranger shall smart for it: and he that hateth suretiship is sure. (KJV) Commentary: Here we are taught, 1. In general, that we may not use our estates as we will (he that gave them to us has reserved to himself a power to direct us how we shall use them, •••

The End of the Landline?

20% of U.S. households have given up their landlines in favor of cell phones. Wireless-only households increased by 17% from the first six months of 2008 to the second half of the year — the largest jump since the National Center for Health Statistics started collecting data in 2003. For the •••

Forrester Lowers Outlook For U.S. IT Purchases In 2009

U.S. private and public sector purchases of IT products and services will fall 3.1% in 2009, after growing 1.6% the previous year, according to a new Forrester Research forecast. Investment in computer hardware will be particularly hard hit, falling an estimated 6.8% on top of a 4% drop in 2008. •••

Small is the New Big

Big companies used to win out over small ones because of their experience, impressive client lists, and seeming permanence. We trusted big business because it was big, but the economic crisis has changed that. Small companies are now winning the confidence and the business of recession customers. •••

More Americans Work From Home

17.2 million Americans worked from home at least one day a month in 2008, according to a recent survey by WorldatWork. That's an increase of 39% over 2006 and 74% over 2005. But while occasional telecommuting has increased, the percentage of telecommuters who do so regularly has declined. 5% fewer •••

Your Backyard's Potential ROI

7 million more American households plan to grow their own fruits, vegetables, herbs, or berries in 2009 than in 2008 — that's a 19% increase.  Last year, American amateur gardeners spent $2.5 billion on seeds, plants, fertilizer, tools, and other supplies to grow their own food. The National •••

McKinsey Research on Investing in R&D

Although nearly 40% of senior R&D managers say their companies are cutting back on research and development, a McKinsey survey finds that companies receiving the greatest benefit from R&D (strong growth, much of it from new products developed in house) are more likely to be increasing •••

Americans Keep Cutting Entertainment Budgets

74% of American adults expect to spend less on entertainment and eating in restaurants in the next six months, an increase over November when 65% planned to decrease spending on eating out and 64% expected to reduce entertainment spending. Only 21% say they expect to have more money for •••

As the Dow Falls, Gossip Climbs

54% of HR professionals report an increase in gossip and rumors among their employees since the recession began, according to an October 2008 survey conducted by the Society for Human Resource Management. 23% say they've had to address more frequent "eavesdropping incidents," including employees •••

Bhaskar Chakravorti on the State of Venture Capital

Investment in start-ups fell 33 percent in the fourth quarter of last year [2008]compared with that of the previous year. Only six venture-backed companies were able to go public last year in the United States. - Bhaskar Chakravorti, senior lecturer at Harvard Business School and partner at •••

Adrian Rogers on the Redistribution of Wealth

You cannot legislate the poor into freedom by legislating the wealthy out of freedom.  What one person receives without working for, another person must work for without receiving.  The government cannot give to anybody anything that the government does not first take from somebody •••

General Norman Schwarzkoph on Strategy

Leadership is a combination of strategy and character.  If you must be without one, be without the strategy. - General Norman Schwarzkopf, American Army General and commander of the Coalition Forces in the Gulf War of 1991 •••

Thomas Jefferson on Lawyers

It is the trade of lawyers to question everything, yield nothing, and talk by the hour. - Thomas Jefferson, America's 3rd president •••

Malcolm Forbes on Hiring Employees

Never hire someone who knows less than you do about what he's hired to do. - Malcolm Forbes, publisher of Forbes magazine •••

Henry Ford on Customer Service

A business absolutely devoted to service will have only one worry about profits.  They will be embarrassingly large. - Henry Ford, founder of the Ford Motor Company and creator of the assembly line used in mass production •••

Dave Barry on Technology

Experts agree that the best type of computer for your individual needs is one that comes on the market about two days after you actually purchase some other computer. - Dave Barry, American author and humor columnist •••

Lee Iacocca on Marketing

When the product is right, you don't have to be a great marketer. - Lee Iacocca, American businessman and author; former CEO of Chrysler •••

Thomas Jefferson on Money, Debt and the Redistribution of Wealth

The democracy will cease to exist when you take away from those who are willing to work and give to those who would not. I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them. It is incumbent on •••

Proverbs 11:28

He that trusteth in his riches shall fall; but the righteous shall flourish as a branch. (KJV) •••

Thomas Edison on Innovation

To have a great idea, have a lot of them.To invent, you need a good imagination and a pile of junk.When I have fully decided that a result is worth getting I go ahead of it and make trial after trial until it comes.The value of an idea lies in the using of it.Results! Why, man, I have gotten a lot •••

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