In the pursuit of solutions
Overwhelmed? Many small and medium business owners spend too much time working “in” their business, and not enough time working “on” their business. One of the most common causes for this behaviour is the inability to delegate tasks and responsibilities to others. 1. Reviewing and Prioritizing Tasks The first step in outsourcing tasks to others is to review each and every task required to operate and grow your business. As you create this extensive list, consider what types of skill sets are required to complete...
via flickr.com Businesses have a challenge working in a crowded market. Focusing on your differentiators contituously is important.
James Dou, a 30 year old University of Toronto PhD student in electrical and computer engineering, beat out more than 200 entrants tor receive upto $50,000 in engineering services from Nytric and intellectual-property services from Bereskin & Parr LLP in the third annual Great Canadian Innovation Competition. What did he make ? He made a [Lab on a Chip]. Its range of aplications and the potential influence it can have on humankind is what put this as a unique invention. This chip would provide a faster, cheaper...
via xkcd.com FREE has immediate marketing leverage
via flickr.com If you want to get things done. Do it one at a time. I guarantee it's less stressful.
I just updated mine here . 1. Your audience is more important than you. 2. You need them to know that you can deliver. 3. It helps you to understand what has worked and what has not 4. You get feedback early on work you are doing which reduces market risk 5. It collects all your work in one place - which you can use to write a book one day.
Take Advantage of Breaks Ferrazzi makes the point, on page 124, that the real worthwhile part of conferences happens during the breaks: Breaks are where the real work happens at a conference. Make sure and stake out the right place. Have you ever noticed how guests gather in the kitchen or some other central place when you have gatherings at home? One warm and centrally located spot is often the center of any party. The same holds true at a business gathering. Determine where most people will gather, or at...
via boston.com Entreprenuers need to hang on tight
via flickr.com There are times when you have to do it alone. Keep running.
I was in touch with TD Merchant account recently. The main reason was to understand what they charge for an online merchant account. Considering the fact that we need to do this eventually I wanted to see how competitive it was. Sean Lewis was really patient with me and my very detailed questions. However, there are couple of things which I was completely surprised with. They offered 24 hour customer service. Which was great. Until they pointed out that they charge around 8 dollars additional a month for that...
via flickr.com Like I mentioned in the previous post, building communities helps in a couple of ways. You know what the market needs are at a given moment. You will build trust and they take risks along with you.
Dharmesh Shah (co founder of Hubspot ) has faced big challenges in running his company and getting accelerated growth. Since the company offers an integrated product for Analytics, Content management , SEO and other inbound marketing capabilities, their competitors can range from Google Analytics, Wordpress, Blogosphere and cheap but effective SEO consultants. Considering the fact that HubSpot is now a VC funded company, let us look at what strategies and tactics the company has used to stay ahead of its competition...
via flickr.com When the waves hit you, be strong. Entrepreneurs know that every tough moment will pass.
via flickr.com Don't get run over by your competitor. If you are on the same track, keep a safe distance.