Archive for October 16th, 2004
Time and money are interchangeable. You can always save one by spending more of the other.
It’s Not the Idea, It’s the Execution
Ryan Allis: “Always remember that business ideas are a dime a dozen. Just think of the dotcom era of four years ago. But what really matters is the execution and the quality of the team, something the majority of those dotcoms lacked in. I have heard many a venture capitalist say that he or she [...]
Why Is California Such A Bad Place to Do Business
Raymond J. Keating of the Small Business & Entrepreneurship Council explains in this article why California gets such a low score on the Small Business Survival Index — and why it may soon be getting worse! Each year, the Small Business & Entrepreneurship Council produces the Small Business Survival Index. The report ranks the states [...]
Inc.: “Greg Gianforte, founder of $30-million RightNow Technologies Inc., learned that bootstrapping is not simply about pinching pennies and cutting costs. Smart bootstrapping is about turning your lack of resources into a competitive advantage.”
Steve Pavlina: Here are seven simple steps I recommend to increase the odds that your next product will sell incredibly well: Find hungry customers. Decide how you’ll reach those hungry customers. Find out who else is feeding those hungry customers. Decide how you’ll convince those hungry customers that you have the best food. Determine how [...]
Catherine Franz has posted a great list of 50 tips to help you keep focused. I’ve quoted eleven of them: 23. Post to-do lists daily. 24. Monitor your time as if it’s gold. 25. Have back up plans, alternative solutions, to everything. 26. Learn to say no and say it quickly when it isn’t currently [...]
Accounting Solution for Startup Companies
Paul Allen: The way we do startup companies (goal is one per quarter), we try to cut as many costs as possible. Most of our startups are virtual (no physical office) at first. When we get enough momentum, we get office space. Most of our work comes initially from contract employees. Later, we hire people [...]
