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Career

Tips to Getting Paid Promptly

One of the worst issues some small business face, often in the early days when the business is just starting out revolves around cash flow. Even if projects can be found which are profitable, the expenditures occur prior to the customer paying resulting in negative cash flow most of the time, with large boosts of [...]

What Will You Succeed At?

I was recently given a copy of Stick to Drawing Comics, Monkey Brain! by Scott Adams, the cartoonist who behind Dilbert. In his introduction, Scott discusses why he chose to write a book which has nothing to do with business, at least not in general. He had no experience in the field, and yet he [...]

Customer and Market Research

A recent question posted on a site I frequent asked about the use of vaporware as a means of measuring customer interest in a product prior to actually building the product. If you are unfamiliar with the concept of vaporware, the definition from Wikipedia reads: Vaporware describes products not released on the date announced by [...]

Question: Favorite Place to Get Work Done

Today’s post is really short, because it’s actually a question, not an answer. I was forwarded a talk by Jason Fried about Why Work Doesn’t Happen in the Office, in which he discusses where people like to go when they need to get some work done. Interestingly, the answers he got were pretty much anything [...]

It’s a Good Idea, Now What?

Often in my line of work, I have conversations with people who have thought of an idea for a product or service, and are looking to turn it into a business. The first barrier they need to cross, namely, having a GOOD idea, has been crossed via validation from potential customers of the product or [...]

Unique Value Proposition Turns into a Business

I was working on a business development plan for someone, and we discussed her business, what she envisioned being able to do for clients, and various approaches she could take to find new clients. This came, after some discussion, to the concept of unique value proposition – that is, what would set her business apart [...]

Understand and Respect Boundaries

I attended a lecture recently in which the concept of boundaries came up, and how some people have a good understanding of other people’s boundaries, while some people do not. Naturally, when dealing with other people, knowing what boundaries exist is incredibly important, but unfortunately, finding those boundaries can be quite difficult. As an example [...]

Documenting Business Plans

I’m in the midst of attending a workshop that was titled “Starting a Business”, but which I’ve learned would be better titled “Writing a Business Plan” since that’s what is being focused on. This raises at least one question, which is how fundamental is writing a good business plan to starting a business? This came [...]