Four-Hour Work Week author Tim Ferris posts his “Margin Manifesto” providing 11 ideas for reaching (or doubling) profitability. Some of these are condensed from his book. Others, such as “Niche is the New Big” might not be as evident if you’re not paying attention to startups these days.

I will admit, I’m not a social networking master, but I did make my way up through Friendster, had a profile on MySpace before it became the band and pornstar networking mega-site. I never thought I’d spend that much time on Facebook (was scared it would become a time-suck), but recently a client had me do some research and propose some marketing ideas using that network. (Yes, I was paid to spend time on Facebook and I am amazed by the number of people that I know there).

But the site I spent the most time on is LinkedIn.

I’m a LinkedIn poweruser, having a network of more than 3,600 contacts and am a member of the LinkedIn LIONS (LinkedIN Open Networkers) and MyLink500. I find the site useful for business development and to get to know people I meet and might want to work with.

Occasionally, I also Twitter.

You might be wondering, how much time do I spend networking on social networking sites. The answer, not more than 15 minutes. And that’s been pretty consistent for the past year or so. Occasionally, it’ll take me longer but I try to keep it to 15 minutes since there are more valuable uses of my time.

Boston.com gives a great info-graphic on how to improve your napping habit. Whether you nap or not, it’s definitely worth reading.

Did you know: Mammals are programmed for 2 periods of intense sleepiness? It’s no wonder the coffee isn’t working.
Highly recommended.

Here’s an article that has a formula for naming your start-up.

There are pros and cons to following formulas.

Pros, it’s easy, or seems to be.

Cons, it can limit your creativity and might not work.