Small Business
A Business Take Time
I’ve mentioned before I’ve had a bunch of different projects I’ve launched, none of which are alive today. Why? I think every project I had a certain time-frame for success, IMMEDIATE, or 1-WEEK. Then when it did not meet certain success criteria I would give-up, stop working on the project, or withdraw the project from [...]
Bitter Customers
I think it’s really sad when a business has to experience a bitter person or worse a bitter customer. There’s nothing the business can do to make this person happy that person is just mean and miserable for no fault of the business. If that business has un-informed or reactive management then the employee on [...]
A Million Details
I was reading another post by Seth Godin and I’ve also been re-reading books about 80-20/Pareto! The thought that is occurring to me is the balance between a million little details and the vital few. You see the Mexican Restaurant that Seth talks about does a buch of tiny things that are NOT readily apparent 80/20 efficient. For example [...]
Pioneers vs. Settlers
I was watching an episode of Shark Tank the other night when I heard something that’s been sticking with me: “…pioneers get slaughtered while settlers prosper…”. The quote was from Daymond John, billionaire VC guest on the show. I think that it’s a really keen observation when looking at most products that succeed in the [...]
The Winning Team – The Real Answer
I hate blanket rules with no explanation. Having a winning team before starting a business is one of them. Book after book, or VC after VC will give that same advice without providing a logical underpinning, or reason for the advise. It’s akin to the teacher that says because I said so, rather than actually [...]
4 Hour Work-Week Math – It doesn’t add up!
The biggest problem with The 4 Hour Work Week is the math, you see the entire book is just built on this faulty premise: a 10 cent PPC or Pay Per Click. When you start to add up how many impressions you would get from such a low PPC you would need keywords totally in [...]
What I’m learning about sales.
As I’ve begun to sell products/services and packages I’ve come to realize how important the lesson of “The Paradox of Choice” is to selling. Take this case in point. You have two sales man come to you to sell a widget. Sales Person A – Tells you about 20 different things and how they can [...]
New Book Idea – Market Research Something…
I am looking into a new book about market research. I have been doing so much over the past few years I thought it might be a good idea for an organized brain dump on the subject. Basically as entrepreneurs we are always coming up with ideas for new businesses. There is always though a [...]
Starting a business is not about home runs!
I was talking to my wife the other day and I realized without thinking about it, that starting a business is a lot like learning how to hit a baseball. I remember back when my father was teaching me how to hit, I wanted to really really impress him and every time I tried to [...]
Looking for opportunity? Start with problems!
Back in 2007, I wrote of searching for a problem. It seems that in the two and a half years since, I’ve only come to this realization again; the realization that any business begins with problems, not with solutions/products. If you are starting a business there are a few ways to decide what business to [...]