Archive for July 30th, 2004
Mark Cuban: “My name is Mark Cuban. I am the Benefactor.” ABC: “What would you do for a million dollars? Billionaire businessman and Dallas Mavericks owner Mark Cuban is about to find out because he is “The Benefactor,” and he’s set to give away a million bucks to a complete stranger. Why has he agreed [...]
Scientists Find Cheaper Way to Make World’s Most Expensive Coffee
Nature: A food scientist has cracked the secrets of the world’s most expensive coffee, Kopi Luwak, whose beans pass through the intestinal tract of an Indonesian civet before being roasted and savoured. But the elusive blend looks unlikely to be copied any time soon. The beans, which cost over US$1,000 a kilogram, are eaten and [...]
Start Small, Remarkable, and Cheap
Seth Godin: In the old days, there was pretty much only one way to grow a business. Start small, make some money, get a little bigger, repeat. Over time, you could fund your way to bigness. VCs can help you jumpstart, sure, but raising 100 or 400 million dollars to skip all the steps on [...]
Training your Non-Salespeople Salespeople?
An Entrepreneur’s Life: “If you run a business with employees, every single one of ‘em who interacts with clients/customers/end-users needs to understand what is and what is not acceptable. We raise people defiant nowadays, so you have to explain why and what’s in it for them. Oh, and let’s face it… bribes work.”
Estimating the Value of a Small Business
Inc: “Buying a business, it turns out, isn’t all that different from buying a house. If we’re shopping for a house, we can easily find out such helpful information as what the median sales price is in the neighborhood, what houses are going for on a square-foot basis, and what comparable homes cost. This table [...]
Creating Value Outside the Box
Dan Sherman: “Don’t restrict yourself to creating value for your customer directly related to your service or product.”
