Archive for January, 2011

Eureka! Inventions roll on…

According to Time.com… Invention is a hedge against anonymity; make something that matters and you can live forever. … Inventions have always had many parents. “Doubt is the father of invention,” said Galileo. Necessity is its mother, said Plato. Or, in the luxurious modern age, sloth, which gave us the electric toothbrush, the universal remote and the drive-through liquor store. These days, the operative motivation may be frugality, which leads to the discovery that balled-up newspaper deodorizes shoes, baby oil cleans chrome and sticking a marshmallow or an orange peel in a bag of brown sugar keeps it from hardening…

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10 Tips to be a Leader of your Mother of a Business…

As reported in MyBusiness.com.au… In my experience of working with over 140 businesses around the world over many years, I have been amazed at how often we are called in because the business owner has problems with staff, customers, suppliers or the market. Invariably, our first meeting with an owner is dominated by them telling us all their problems and how everyone is against them. This ‘victim mentality’ typically expresses itself through blame, denial and excuses. After hearing what they have to say, we will usually confront them with a simple, bold statement: “Your problems have little to do with…

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Tips for Success from “Room to Read”…

As reported in Bloomberg Businessweek; Erin Ganju, co-founder of Room to Read, says the entrepreneurial nonprofit’s secret is “know what you do, and do it well” At the start of Room to Read, the organization recognized that promoting and facilitating global education required a scalable and sustainable business model. Fast-forward a decade, and Room to Read is now a $30 million, award-winning nonprofit organization working in nine countries that has scaled faster and more successfully than many celebrated for-profit companies. While I couldn’t have predicted such meteoric growth when we started, the secret sauce can best be summed up in…

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What Business Can Learn from Pirates…

a great little article from The Economist… …smaller, nimble competitors make stealth attacks on larger rivals is a well-known phenomenon. Nonetheless, the way that larger companies can defend themselves against attack is a matter of much debate. Professor James says that the key is to quicken decision making. In his analogy, by the time the captain of an oil tanker has spotted the pirates’ inflatables it is too late; big ships take a long time to turn around. Similarly, once a large business has gone through the traditional process of observing an attack, orientating itself, deciding what to do about…

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From Tim Ferriss To Seth Godin: How To Build Relationships with Influencers…

A gem from David Siteman Garland… Whether you’ve been in business two days or two years, you’ve probably realized that building relationships with the “experts” (even though I’m not a fan of the word “expert”) and leaders in your industry and beyond – otherwise known as influencers – is critical to your ability to build a strong brand and become known in your field. But, up until recently, it’s been difficult to build relationships or even get in contact with celebrities/influencers. After all, the “old school” influencers of yesterday were guarded and protected. In order to successfully reach them, you…

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Best New Year’s Resolution? A ‘Stop Doing’ List…

USA Today by Jim Collins (December 30, 2003) Regardless of the age of this article, it is still a very timely piece… Each time the New Year rolls around and I sit down to do my annual resolutions, I reflect back to a lesson taught me by a remarkable teacher. In my mid-20s, I took a course on creativity and innovation from Rochelle Myers and Michael Ray at the Stanford Graduate School of Business, and I kept in touch with them after I graduated. One day, Rochelle pointed to my ferocious work pace and said, “I notice, Jim, that you…

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The Highest Goal: The Secret that Sustains You in Every Moment…

I strongly urge you to read this article by Michael Ray and Jim Collins… Entrepreneurship is a way of life, not a business concept; mothers take note! …The very point of it all lay in a fundamental challenge issued to each of us: Make your life itself a creative work of art. In the years since, I’ve come to believe that there are two approaches to life. The first, followed by most, is the “paint by numbers kit” approach to life. You do what other people say. You follow a well-traveled path. You stay within the lines. And you end…

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