Entrepreneurship & Small Business

The BrightStar Wisconsin Foundation on Thursday announced that former Wisconsin Department of Financial Institutions Secretary Lorrie Heinemann will join the foundation as vice president.

The BrightStar Wisconsin Foundation today announced that former Wisconsin Department of Financial Institutions Secretary Lorrie Heinemann will join the foundation as vice president.

Seventy four percent of salespeople complain about losing a sale because their price was too high. And 74 percent of them are wrong.

As businesspeople, we need to know the potential impact of our world's variations in currency values, emerging markets, international politics and shrinking margins.

The sole purpose of a business is to grow. This can take on many dimensions – acquisitions, grabbing more market share, or new product or service, just to name a few. Many people get stuck and never grow because they think, “This is how we have always done it!” Or, when they want to grow and make changes, they do not understand the steps needed for a smart calculated risk.

University of California-Berkeley psychologist Dacher Keltner and his team conducted a study on awe. They had a group of people complete 20 sentences beginning with “I am...”

While creativity is a critical force in any company's vision for long-term growth, many businesses fail to make the kind of “imaginative leaps” needed to drive that creativity, according to Luc De Brabandere and Alan Iny, both of The Boston Consulting group.