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Showing posts with label new business. Show all posts
Showing posts with label new business. Show all posts

Thursday, July 31, 2014

LET DIVORCE BE AN ENTREPRENEURIAL SPRINGBOARD

Original Story:  USAToday.com

Hi Gladys, I am 55 and recently divorced. I have two kids who are both in college. During my marriage I work at various part-time jobs. But I can't say that I really did anything significant. Now I am in a situation where there is nothing to hold me back from really doing something with my life. I would like to start a small business but most of the business magazines I read seem to focus on young entrepreneurs. Sometimes I feel like I have waited to long. My friends keep telling me that it's never too late. But I don't know about that. -- M. L.

I agree with your friends, it's never too late. As long as you are living and breathing there is no reason to avoid venturing into new things.

Arriving at the mid-point in life has many rewards that you can bring to the world. You have gathered information and knowledge as a result of your experience during your life. And you have come to understand many things and most often that understanding leads to wisdom. And how that wisdom can be applied is unlimited.

You say that you haven't done anything significant, but I would say that raising kids, keeping a household running and working at any type of job outside of your home is significant. I often tell people who feel like you to make a list of all of the things that they have learned in life and in nearly every case they have expressed surprise at the things that life has taught. And even more important they have found several gems in their list that can be turned into a successful business

Taking care of a family is not an easy task. Each family member has his or her own personality and traits and must be dealt with individually and yet collectively. Facing divorce or the death of a spouse teaches one to learn to cope with change and uncertainty. And to handle your household while working outside of your home also gives you added skills.

My friend Marta worked in a part-time clerical position for years while raising her two kids and at the age of 59 she decided to enroll in a theological seminary to study theology and religion. After a several years of dedication and hard work she graduated with a degree and soon after was appointed to pastor a small church.

I have another friend who returned to school to get a Masters in Fine Arts so that she could sharpen her acting skills. Also at the age of 59, she received her degree and packed up her Volkswagen after selling her house and headed to California to find her way into acting. And so far she has managed to find quite a few acting jobs and she is often hired to perform in stage plays.

Keep in mind that Margaret Mead's career flourished in her mid-life and after divorce, as did Martha Stewart's.

The important thing is to have confidence in yourself and stop questioning your ability to reinvent yourself.

Tuesday, October 23, 2012

Sales for Robot Auto-Mowers Surge


Europe’s backyards have become the latest front in the robot wars.

With a quarter of lawn owners saying they dislike mowing the grass, sales of machines that will do the job for them are taking off, especially in Europe where landscaping services are more expensive than in the U.S.

That has spurred a legion of manufacturers to challenge market leader Husqvarna AB. (HUSQB) Robert Bosch GmbH, Deere & Co. (DE) and Global Garden Products Italy SpA this year started offering robotic mowers, which Husqvarna sells for as much as 5,000 euros ($6,487). Honda Motor Co. (7267) plans to enter the fray in 2013.

 Thomas Olsson, head of Swedish operations at privately owned Global Garden Products said they had to get on board.

The market for hands-free mowers, which expanded by more than 30 percent last year, offers a rare bright spot in Europe’s consumer climate. The European market may grow as much as 20 percent annually over the next five years, Olsson said. Most of the customers are in Sweden, Germany, France and Switzerland -- countries that have so far proven resilient to the debt crisis.

Demand for the garden robots has exploded the last couple of years, said Mats Gustafsson, owner of Moheda Jarnhandels AB, a hardware store in the southern Swedish town of Moheda. Gustafsson said he’s sold almost 60 robomowers this year, compared with fewer than 10 five years ago.

European Boom

Henric Andersson, head of product management and development at Husqvarna said robotic auto-mowers are still a niche market in Europe but growing incredibly fast in other markets, and that with time may be as big or bigger than regular mowers in some countries.

Six percent of all mowers sold in Germany are now robotic, and the country’s automatic mower market is growing in “double digits,” according to research company GfK Retail and Technology GmbH.

Husqvarna, the former Electrolux AB unit that produced the first robotic mower in 1995, has six models that can care for lawns ranging from 400 square meters (4,306 square feet) to 6,000 square meters. Outside of Europe, it mainly sells the mowers in Australia and New Zealand.

New Entrants

The Swedish company brought the product to North America in 2001, only to retreat a year later after concluding the market wasn’t ready. In addition to the greater use of landscaping services by U.S. homeowners, North American grass, especially in the southern U.S., is generally tougher than European varieties, making it difficult for the machine’s fine blades to work effectively, according to Husqvarna.

Bosch, the world’s largest supplier of car parts, entered the robotic mower market last month when it started selling its Indego machine in Scandinavia. Deere, based in Moline, Illinois, joined the rivalry earlier in the year with the John Deere Tango E5, which it sells in Austria, Belgium, Luxembourg, Norway and Switzerland.

Global Garden Products, based in Castelfranco Veneto, Italy, bought its way into the $170 million market in January when it acquired LiCo srl’s Lizard mower marque, and rebranded those machines under its Stiga brand.

Andersson declined to discuss Husqvarna’s market share.

Sensor Technology

The mowers use sensor technology to stay within a defined area of the yard, and are typically able to avoid obstacles such as trees and lawn furniture. Some of the mowers, including those made by Husqvarna, move around in random patterns, while others such as Bosch machines follow distinct lines. Unlike traditional mowers, they don’t collect the cut grass, as the clippings are so small they break down fast and act as fertilizer; instead the rechargable mowers are used frequently, often daily.

The price of robotic mowers may be barrier to their success. Husqvarna’s models start at 1,700 euros. Most electric walk-behind mowers sell for 300 euros to 900 euros.

Prices will come down, and when they’re inexpensive enough the market will become mainstream, according to Husqvarna’s Andersson. About 1,000 euros may be “a magical line for the customer,” he said.

Robots aren’t only gardening, they’re also cleaning the house. Sensor-loaded machines have grabbed a 6.1 percent share of the European vacuum-cleaner market, according to GfK. The market has grown about seven times over the last three years and is now worth about 205 million euros in the region, the researcher reports.

Robotic Vacuums

Their success also offers a cautionary tale for pricing. Electrolux AB, (ELUXB) the world’s second-biggest appliance maker, was first to introduce the robot vacuum cleaner in 2001 and after reaping little success stopped making the product in 2009.

Electrolux spokesman Erik Zsiga said the development costs kept the retail prices too high.

Companies that still make robot vacuums include Siemens AG, (SIE) Samsung Electronics Co. Ltd. and iRobot Corp., which raised its earnings forecast in July after sales beat estimates. An Electrolux Trilobite vacuum cleaner retailed for more than $1,500 before it got pulled from the market, while an iRobot Roomba can be bought on Amazon today for as little as $300.

Electrolux’s limited success with robotic appliances isn’t discouraging Honda from betting on auto mowers. The Tokyo-based company said in August it will start selling a machine called the Miimo in Europe next year.

Johan Dahl, an analyst at Erik Penser Bankaktiebolag in Stockholm, who has a hold recommendation on Husqvarna’s shares said even though the competition is getting stiff, there is room for more players to compete profitably.

Friday, October 19, 2012

New Business Startups Face Greater Challenges in Bay Area

story first appeared on mercurynews.com

Relatively expensive housing, coupled with the high cost of living and doing business in the Bay Area, has made the nine-county region less hospitable to new companies than other big urban centers in California, according to a study released Thursday that urges improvements in what it describes as this area's burdensome regulatory climate.

Some businesses, like convenience stores and party stores have fared relatively well. Many of these type of businesses have a beer cave display cooler that meets their customers' needs in a special way.

Jon Haveman, chief economist with the Bay Area Council's Economic Institute, which produced the report said regulations need to be eased when trying to start a new venture.

The Bay Area lags major rivals such as Los Angeles and San Diego in jobs created by startup companies, the study determined.

The strengths of the region are reflected in household income and other factors, the report stated. The region has increasingly specialized in high-value industries such as professional, scientific and technical services, along with information services and products.

The report also determined that the migration of businesses into -- or the defection from -- the Bay Area has relatively little impact on the region's job market.

On average, only 2.3 percent of new jobs created in the Bay Area in a given year is the result of companies that came from other parts of California, other states or other countries. Similarly, only 3.7 percent of the jobs that vanish in a year are the result of firms defecting from the Bay Area.

Instead, 55 percent of the new jobs created in the Bay Area every year result from companies that were already located in the Bay Area. And 66 percent of the job losses in a typical year come from companies that were already operating in the nine-county region.