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The not-so-surprising failure of no-tipping restaurants
Bruce Buschel, who ran a well-respected restaurant in the Hamptons and documented his experience in an excellent collection of posts, says that the hardest part of running a restaurant is “getting the food from the chef to the guest in a timely and polite fashion by a timely and polite staff.” This comment struck me…
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You get what you pay for
We all know McDonald’s pays its employees minimum wage. But did you know that Apple Store employees make about $25k a year? And that full-time employees at Costco make $40k a year? While both stores are seen as being exceptionally successful, they have very different operating philosophies when it comes to how they treat their…
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Dads: An Untapped Market
In the spirit of Father’s Day, I think it’s time that entrepreneurs looked more actively at the dad market. Mothers are increasingly more educated than fathers and are becoming the primary breadwinners in the household (Source). And that means more stay-at-home dads. So why then are so few companies reaching out to these dads? The…
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CSUF Business Plan Competition 2013 Finals
You are all invited to the CSUF Business Plan Competition 2013 Finals Who: All Students are welcome – an Opportunity Drawing will be held for all students in attendance, prizes include: iPad Mini, Angels Tickets, concert tickets, lodging at a resort and more (student ID must be shown in order to enter Opportunity Drawing) Faculty,…
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CSUF Business Plan Competition 2013
*****NOTE: FOR RESOURCES YOU CAN USE PLEASE CLICK HERE ***** Last year CSUF Business Plan Competition 2012 was a major success with more than 150 students participating in the inaugural event. This year the stakes are even higher. There’s more: Prize Money Professional Services available to the winners Exposure Competition This year we are offering…
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NextGen Challenge OC Funding Competition
A Startup Orange County Signature Event NextGen Challenge OC A “First of Its Kind” Collaborative Funding Competition Cash Investments and Prizes for Startups and Entrepreneurs Have you ever thought about starting a business? Have you started a business and needed a mentor or advice to prevent you from making a mistake? Do you have a…
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RIP: Groupon???
What follows is a post from Dr. Atul Teckchandani, one of the great professors teaching Entrepreneurship at CSUF. Groupon has the unique distinction of being a firm whose name is now a part of our vocabulary. When people buy an online deal, they talk as if they purchased a “Groupon.” Just like when people…