Wednesday, June 11, 2008

5 MINUTES!!

With the price of everyday expenses, food, gas, housing, fluctuating wildly, it becomes increasingly important to keep your finger on the pulse, to keep up with news that affects your business, your business plan, your life and your customer's lives. How to do this? How much time to allocate to keeping informed? These are important questions you're asking as you organize your day.

It's possible to keep up-to-date allocating 5 minutes a day, first thing every morning. How is this possible? Let's take Yahoo Finance as an example. Yahoo Finance gathers daily headlines and stories from major business and finance news providers. This is a free service. Providers include a wide range from Business Week, Wall Street Journal's Marketwatch, the New York Times, Financial Times, Inc and Entrepreneur magazines, the Associated Press and Reuters, Forbes, SmartMoney, Fortune, Morningstar, CNBC, CNN Money, USA Today, US News and World Report, TheStreet.com and the Motley Fool. Click on the headline of your choice and read the article. You can print and/or email the article. The Wall Street Journal and Barrons are included as a headline only service. You must be a paid subscriber to read their full articles.

How is Yahoo able to provide so much information on a timely, sometimes up to the minute, basis? This is done through an internet tool called RSS or "really simple syndication". It's a tool that allows instantaneous distribution of feeds to your desktop. Yahoo, through My Yahoo, allows you to pull together your own interests and feeds onto your own My Yahoo web page. This is a free service. You just need to register with Yahoo to use it. Or you can use the Yahoo Finance page to access these daily providers of business and finance news. Or, better yet, you can bookmark our blog and access your daily news through our Yahoo Business and Finance link.

By using a site like Yahoo Finance you can be up-to-date in 5 minutes and plan the rest of your day accordingly. Of course, you may find yourself spending more time than you want. The resource is there when you want it. As an aside not all the Yahoo providers may be up-to-date. The Economist and Entrepreneur feeds were outdated. All others were current. But, as a first stop resource for business and financial news from a wide range of sources, Yahoo Finance is an excellent starting place. Check it out!!

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