As you guide your business through the economic downturn, the best ideas for your store can come from a variety of sources. Entrepreneur.com put this to the test in “Business Lessons from Alternative Sources.” Reporter Carol Tice scanned recent events to come up with unconventional sources of powerful business advice. These include:
- Always keep your eye out for new opportunities.
- The Inspiration: Tina Fey. The ex-Saturday Night Live player -- despite having her hands full writing and starring in the television show 30 Rock -- took the opportunity to create comedy gold with her of-the-moment Sarah Palin impression.
- Innovation can get you through tough times.
- The Inspiration: Rock band Radiohead. Even as the Internet era threatened to destroy the music industry, Radiohead embraced the technology. They offered a download of their latest album and let fans pick the price. The result: 3 million copies sold.
- Even if you’ve been around for a while (and have gotten a bit dated), you can recharge your brand.
- The Inspiration: Film Director Christopher Nolan. He took the stale Batman franchise and turned it into box-office gold, first with Batman Begins and again with its even bigger follow-up, The Dark Knight.
Take The Tip:
Click here to read about more alternative sources at Entrepreneur.com, and keep an open mind.
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