Investing to Build Wealth? Or Spending to Look Rich?
One of the things I like to talk about when I travel the country speaking about the principles and habits of successful wealth-building is learning to recognize and avoid what...
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One of the things I like to talk about when I travel the country speaking about the principles and habits of successful wealth-building is learning to recognize and avoid what...
Spring comes to the Detroit metropolitan area later than most parts of the country and even though it’s almost May, a palpable chill remains in the air. Just as the region begins to thaw out from a long, cold winter, at least one if its longtime residents is emerging from a deep freeze of its own. For Southfield, Michigan-based Avis Ford Inc. (No. 14 on the be auto dealers list with $86.5 million in sales), the worst is over. In fact, in the first quarter the dealership sold 645 vehicles, the best quarter in more than five years. And with Ford vehicles gaining in market share combined with a relatively steady stream of work going through Avis’ 42 service stalls and body shop, Chairman and CEO Walter E. Douglas Sr. is cautiously optimistic about the prospects for 2010.
Real estate agents use social media networks like Twitter to get into the minds of home buyers and sellers, and the National Football League has used MySpace and Facebook to learn intimate details about their potential recruits. Call it “spying,†if you will, but this type of online competitive intelligence-gathering has grown right along with the popularity of MySpace, Facebook, Twitter, LinkedIn and other social networking sites.
Black media lost one of its champions last week. Ken Smikle, founder and president of Chicago-based Target Market News, a trade publication and website that covered African American-oriented advertising and marketing trends
For aspiring entrepreneurs, Thompson offers sage advice: "Get knowledge and experience in the business before you launch out on your own."