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Japan’s Wackiest Inventor

io9.com:
Yoshihiro NakaMats, 79, is Japan’s most prolific - and bizarre - inventor. He claims to have 3,350 patents (Thomas Edison only had 1,093), and that several of them are for the floppy disk. “Everyone knows about the floppy disk,” he says. “But I also invented the fax machine, automatic pachinko, and the taxi meter.”
While running […]

Small-Biz Aid For Veterans

Entrepreneur:
According to ArmyTimes, Congress is getting closer to passing legislation that would help veterans and reservists who own small businesses.
The bill would create a $50,000 no-collateral, small-business loan for reservists and vets. In addition, it would add four new veteran-business outreach centers and create an interagency federal task force on small-business issues.
The compromise bill passed […]

Mother’s Invention Eliminates Common Kids’ Problem

PRNewswire:
Jennifer McManigal attended dozens of parties with her two children over the years, and the same thing happened each time — her kids didn’t remember which drink belonged to them.
“At a typical child’s birthday party, I’d see kids get a soda can or juice box, take one sip, then abandon the drink only to get […]

Entrepreneur Takes Reins Of NFIB

Indianapolis Business Journal:
When Barbara Quandt was launching her career in the mid-1970s, she purposely avoided learning how to type. “Everywhere you went, all people would ask is: ‘Can you type? How fast can you type?’” recalled Quandt, 57.
But Quandt wanted a sales job—a rarity then for women—so she begged off typing classes and got a […]

10 Least Profitable Businesses To Start

Forbes:
Entrepreneurs start companies for all sorts of reasons. Maybe they have a passion, like being in control, want more flexibility–or even hate their current jobs.
But no matter the inspiration, one thing’s for sure: They’d better make money. A rising revenue line might make for good cocktail conversation, but if you don’t turn a profit–and keep […]