Category Archives: Business and Strategy

Consumer Buying Habits and Design

In a recent episode of the Podcast HBR IdeaCast titled “Authenticity”a comment was made relating consumer buying habits with authenticity:
“Consumers buy in their own self-image.”  
I feel a parallel can be drawn from the concept of Authenticity to Product Design.  I have been in the website business for years.  Over and over Management struggles with [...]

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3 Reasons Why I Care about TechStars

After a fun day in Boulder attending the TechStars Investor Day, I thought I would share some thoughts on why I would sacrifice a vacation day to drive to Boulder and listen to a bunch of presentations by startups run by people I’ve never met.
Motivation
Your career can be 2 things: a job that you go [...]

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Operational Processes

Joel on Software writes a great article about Starbucks and how they have developed customer services “systems” and “procedures” that are failing.
“If you’re planning to expand your business to a certain scale, you must first establish procedures and build systems to get predictable outcomes so that your employees can produce decent results even when they’re [...]

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Natural Breaks

Gen. Michael Hayden was interviewed on Meet the Press about the Iraq War.  He used the term “Natural Break” to describe circumstances that create change or opportunity. 
“So I knew if I got to mile 22, there was a natural break that would begin to turn things into my favor.”
We need to look for Natural [...]

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What is a SWOT analysis?

Strengths are exploited
Weaknesses are isolated and alternatives sought
Opportunities identified
Threats identified, isolated and alternatives sought

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What does Pro Forma mean?

Sometimes terms are used in a meeting, everyone nods their heads in agreement (including me), but then I walk away feeling like I did not understand perfectly what was being said.  I have often times seen this as a sales technique….people are afraid to ask questions so the sales person uses terms they realize the [...]

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Understanding your Market

As I listened to Venture Voice #48 with Frank Addante I thought about how successful people always seem to understand their market incredibly well. 
This is, of course, an obvious statement.   I wonder though, is this understanding in part due to hindsight? Maybe they got really lucky and can now justify their decisions…when really at the time [...]

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Business Advice from Walden

This excerpt from Henry David Thoreau’s Walden offers great advice on Business: 
Not long since, a strolling Indian went to sell baskets at the house of a well-known lawyer in my neighborhood.  “Do you wish to buy any baskets?” he asked.  “No, we do not want any,” was the reply.  “What!” exclaimed the Indian as he [...]

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