Celebrate Your Failures
August 13, 2010No Comments
Last week Google announced that their product called WAVE would be dropped, just 6 months after its birth. What was interesting about this announcement was that Google said “We celebrate our failures.”
This is a smart core value for a business to have. Last I checked, Google was not only immensely profitable, but also one of …
Marathon Man for Startups
August 3, 2010No Comments
Have you seen the old movie called Marathon Man? Dustin Hoffmann plays the part of an amateur marathon runner who gets mixed up with a group of nasty ex-Nazis who torture him with a dental drill. His training as a marathon runner helps him to endure the pain until he is finally able to win …
Am I crazy to be an entrepreneur?
April 7, 2010No Comments
I woke up this morning and my first thought was that “I am crazy”! Stark, raving, mad, lunatic crazy. It was all triggered by an argument that I had with my business partner yesterday, which was by no means his fault.
Crazy can be defined as doing the same thing over and over, but expecting a …
You would not believe how many times I have met brilliant entrepreneurs with amazing, cutting-edge technologies who are clueless about their markets and about who will actually be willing to pay money for their inventions. I talked with a guy who works at a local patent office recently. He said that they get 10 such …
It is hard to change just a little. Easier to change a lot.
February 27, 2010No Comments
To succeed as an entrepreneur you have to pay attention. You must pay close attention to what is going on around you – to your company, your market and to your own mindset. And quite often you will discover that you need to make changes.
The problem with change is that changing just a little is …
Are you Marketing to Hunters or Farmers?
February 22, 2010No Comments
I was reviewing a marketing plan for a startup company the other day when I suddenly got a flash of insight and understanding. This company is struggling to succeed with their sales and marketing because they might be targeting the wrong group. The decision makers in their target market are Farmers, yet all their marketing …
Laid-off?… then Become An Entrepreneur
February 16, 2010No Comments
These days, the workers in the Northeast of England have the feeling that things have not been worse since the famine and plagues of the middle ages. Unemployment is at an all-time high, problems are escalating and you have a whole new generation growing up without any means of work or income other than government …
USA passes Educating Entrepreneurs bill
February 11, 20101 Comment
“Every $1 dollar invested in this program will put $2.87 into the national treasury” – N.Velazquez (US State Representative)
“The entrepreneurial spirit is alive and well in our region. What is lacking is the opportunity and ability to tap into ‘the experts’.” – Donna Kilhoffer (Community Education Council)
On July 28, 2009 the US House of Representatives …
Coaching Athletes vs. Coaching Entrepreneurs
February 9, 20103 Comments
COACHING ATHLETES:
All professional athletes have coaches. No serious competitor would attempt to compete at peak level without one. A coach is not just another player or colleague; a coach is a specially trained person with a very specific role. A coach does not have to be a star athlete. Sometimes the best coaches were never …
