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Growth is an Understatement for Skullcandy
by Erin Stewart The increasingly popular brand of headphones and audio accessories for skiers, snowboarders and skateboarders is in its fifth year of business and has yet to see less than 300 percent annual growth.
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DOD Grants Released For Small Business
Local Assistance Available
by USTAR Thousands of dollars in research and development funding for local small business firms and research institutions became available when grants from the Department of Defense (DoD) Program Solicitation for Small Business Innovation Research (SBIR) and for the Small Business Technology Transfer (STTR) were released July 28th, 2008. These grants afford entrepreneurs and companies a prime avenue to work on projects and retain equity while achieving milestones that ready them for institutional funding.
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Event Calendar
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Today at Utah Pulse
- The Beat: Emily Stover DeRocco Elected to Board of Trustees at Western Governors University
- SALT LAKE CITY, Aug. 7 /PRNewswire-USNewswire/ -- Emily Stover DeRocco, president of The Manufacturing Institute and Senior Vice President of the National Association of Manufacturers (NAM), has been elected to serve on the board of trustees of Western Governors University, the non-profit online university offering flexible, competency-based degrees.
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- The Beat: UCN Reports Second Quarter 2008 Results
- SALT LAKE CITY, UT--(Marketwire - August 07, 2008) - UCN, Inc., provider of all-in-one hosted contact center software for intelligent routing and agent improvement, today reported financial results for second quarter ended June 30, 2008.
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- The Beat: Director of Public Policy Selected for the Salt Lake Chamber
- The Salt Lake Chamber announced the hiring of Wesley Smith as Director of Public Policy. In this role, Smith will coordinate public policy deliberations, represent the Chamber on various committees as well as advocate and communicate the public policy priorities of Utah’s business community.
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- First Person: Enjoy the Ride Beijing
- Tomorrow the world gathers once again to light the Olympic torch as a symbol of peace, brotherhood and friendly competition. Every Utahn should pause, remember our Olympic moment and join with China to celebrate.
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- The Beat: Outdoor Retailer Summer Market Hits Salt Lake City
- Even though Wall Street may be struggling, at least one market is sizzling and it’s making its way to Utah.
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- The Beat: The Barber School – Another SBA Lending Success Story
- Applying for a commercial loan can be an onerous, time-consuming process, even for seasoned entrepreneurs. Eight months ago, when Lynell Hite and her husband were looking to finance their new business, The Barber School, neither had any inkling about the work that awaited them.
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- Business Tip: Summertime Survival for Parent Entrepreneurs
- -- Lesley Spencer Pyle
During the winter months, we long for days of fun in the sun with the kids and a more leisurely pace to our lives. But by the time the Fourth of July rolls around, many parents begin double-checking the calendar for the first day of school.
This is especially true for work-at-home parents whose work schedule has hit a brick wall, either because of kids' boredom, or because there's a lack of planned activities. We all want the summer months to be memorable for our families, but we also need them to be productive to keep our businesses running smoothly.
Put a structure in place: Schedule work times as well as activities and events for the kids and the family. A schedule lets children know what to expect and gives them a variety of activities to look forward to.
Create an event schedule--Mondays are craft days, Tuesdays are field trip days, etc.--and have theme weeks, too. Finding activities centered on the theme week that kids can do independently gives you time to focus on your work. For example, camping week could include using a pile of blankets to build a tent, which can entertain the kids for hours.
Field trips can provide a fun break and an opportunity for shared time. For camping theme week, take a nature hike or have the kids catch bugs. A theme week based on the Olympics can include sports events at the local park. Another week can be art week, with a trip to the museum.
(Source: entrepreneur.com )
- Lighter Side: Perspective
- Soon after our last child left home for college, my husband was resting next to me on the couch with his head in my lap. I carefully removed his glasses. "You know, honey," I said sweetly, "Without your glasses you look like the same handsome young man I married."
"Honey," he replied with a grin, "Without my glasses, you still look pretty good too!"
(Source: My Humor )
- Today in Business History: Aug 8
- 1876: Thomas A. Edison received a patent for the mimeograph.
1978: The United States launched Pioneer Venus II, which carried scientific probes to study the atmosphere of Venus.
(Source: NY Times )
- Wise Words
- "In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. Management cannot be expected to recognize a good idea unless it is presented to them by a good salesman". -- David M. Ogilvy
(Source: Quotations Page )
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Utah Pulse Highlights
Friday morning is here. Thanks for spending a little time with The Daily Pulse. Today, we're looking at Park City based Skullcandy. The company is doing so well that, in its fifth year of business, it has yet to see less than 300% annual growth.
In other Friday morning news...
This is ominous. There are signs that China's economy is beginning to slow down. New figures suggest that manufacturing is slowing down, and their property market is slowly running out of steam.
More bad news on the economic front this morning. New unemployment figures hit the highest level in six years. Consumers are starting to slow spending on discretionary items and focus more on the basics. Experts say unemployment across the U.S. could rise as high as 6.3% next year. There is some good news, though. Pending home sales are up from last month, and some think that means the housing market may be stabilizing.
Many were hoping that gas prices would head south as the price of oil dropped. That may change as a Woods Cross refinery will be shut down for maintenance for nearly a month. That could make gas supply in the state tighter, and may keep prices high.
John Wanamaker is credited with the quote, "Half the money I spend on advertising is wasted; the trouble is I don't know which half. With that in mind, consider this story about advertising spending in China by the 12 major sponsors of the games. Combined, the 12 sponsors have spent more than $850 million in advertising, but most Chinese don't know who the sponsors of the games are. Ouch!
Utah Pulse is now on Facebook. Join the Utah Pulse group and spread the word to your friends. We have interesting discussion topics and stories posted throughout the day.
--Bryan Schott, Managing Editor
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