Once Michigan stood proud. In addition to GM, Ford and Chrysler, it was home base for the United Auto Workers, a powerful escalator transporting hundreds of thousands of blue-collar workers into America's middle class.

Building fast-growing, globally competitive companies is tough.

You'd rather own gold; not the miner

Imagine how foolish you'd look if, like one clever salesman who once pitched to me, you tried to license your product to a big industry player without knowing they just launched a competing product. With the right background research, he could have avoided that and other landmines - and so can you.

Once Michigan stood proud. In addition to GM, Ford and Chrysler, it was home base for the United Auto Workers, a powerful escalator transporting hundreds of thousands of blue-collar workers into America's middle class.

Nobody forces you to work at Wal-Mart. Start your own business! Sell something to Wal-Mart!

As far as I'm concerned, Twitter has wiped out Facebook. I'm done with Facebook.