Disruptive innovation may just change medicine! This article presents companies who are changing the way that medical services are distributed.
Monthly Archives: April 2017
5 Ways That Entrepreneurs Throw Away Their Funding
This article has some helpful advice on what not to do when you first start a business.
How Patience, Grit and Beer Helped This Entrepreneur Finally Find Success
This article details the story of an entrepreneur who started a self-serve beer company. Entrepreneurship requires a lot of the owner, including, among other things, persistence.
Using pop songs to teach kids math
Make Music Count is teaching children math using music! They have an app that is scheduled to launch and have grown considerably since the business’ inception. The story is inspiring!
http://money.cnn.com/2017/04/12/smallbusiness/make-music-count/index.html?iid=SF_LN
Million-dollar startups: These firms scored big sales their first year
This article features an idea that sound crazy but worked! The business Crowd Cow was started by two entrepreneurs with an idea to sell cows. They plan to expand nationwide in May.
http://money.cnn.com/gallery/smallbusiness/2017/04/21/million-dollar-startups/index.html?iid=Lead
Reid Hoffman: To Successfully Grow A Business, You Must ‘Expect Chaos’
Stanford alumnus Reid Hoffman is featured in this article about scaling a business. His smart advice goes against the norm in some respects, and he is well known for his involvement in successful ventures such as LinkedIn. The article covers much more!
Where I Live, Entrepreneurs Are Afraid To Talk About Failure — And It’s Hurting Their Businesses
The way that failure is viewed around the world differs. How entrepreneurs view failure can impact their personal lives and businesses. This article explores this topic within developing start-up communities.
3 Ways to Keep Pride From Ruining Your Growth
I thought that this article was interesting in addressing pride. The three points are good to ponder.
Average Employees
Here is an interesting article about handling average employees. This article addresses something that we often don’t think about. I think that high level management often thinks about poorly-performing employees and exceptionally-performing employees, but rarely thinks about those in the middle. This article outlines ways to identify these so-called “average” employees, and then offers a solution, which is to transition them out of the company. (See Article). Although I do not think that is always the right answer, and so I do not really support the article’s ultimate conclusion, I do think that identifying these employees and offering them opportunities for growth could be a valid and helpful business strategy.
Starting Your Journey–“The Perfect Time Never Happens”
This is an article about “Three Brutally Honest Lessons About Entrepreneurship.” Although I thought that all three of the lessons were valuable–“Get started;” “Success is about the journey, not how rich you get;” and “Don’t avoid failure-embrace it”– I found the first lesson to resonate the most with me. (See Article). The first lesson is to “get started:” the author notes that people often “wait for the perfect time” to start something. Id. However, “the perfect time never happens.” Id. I think this is absolutely true. So many get entranced with waiting for the perfect time, and then they end up never starting, or starting after a long delay and much wasted time. Sometimes, you just have to dive in and get going.