Sell something. Then do it again. That’s how you know that people want what you have to offer. You can look around and see competitors selling what you have to offer before you launch your venture. That’s not a bad position, Other people selling what you offer tells you that you have a valid productContinue reading “Market Validation”
Category Archives: Entrepreneurship
Level Up
What does one more deal or one more customer really do for you? You may have been working your job or business for quite a while and are quite good at it. That’s great. The money could be good. It might be worth sitting tight and be a machine. Maybe the next 100 deals orContinue reading “Level Up”
Showing Up and Not Breaking the Chain
I was encouraged by Anne Handley’s recent newsletter and her reasoning to dismiss the idea of being inspired before you write: 2. ‘Write only when you have something to say’ doesn’t work. The problem with that approach is that you will find excuses to not write. It’s an out. An alibi. You will decide that whatever youContinue reading “Showing Up and Not Breaking the Chain”
Direct Clear Advice
I love Neville Medhora’s tips. It means being reflective, strategic and sensical. It’s valid for wherever you are at. Sometimes, we can fool ourselves or walk around in a fog. The 9 pieces of advice are pithy and his explanations are compelling: Do lots of “experiments.” You’re gonna die. Plan life backwards. Start a blog.Continue reading “Direct Clear Advice”
What to Do
For anyone trying to discern what to do with their life: PAY ATTENTION TO WHAT YOU PAY ATTENTION TO. That’s pretty much all the info you need. – Amy Krouse Rosenthal With over 20 million unemployed from the COVID-19 crisis, the decks have been shuffling hard for both employers and employees. The last thing youContinue reading “What to Do”
Clarity Comes from Engagement
Spending time designing a system, message or business requires getting clear about how something should work, flow or connect. I have not found that this can be done in isolation. I need to bounce ideas off of others and work to get insights to integrate into the design. Socially, we understand this. We have friendsContinue reading “Clarity Comes from Engagement”
Get Rid of the One-off Projects
A simple way to think about whether you are growing a business, in addition to productizing your services, is to stay focused on repeatability. There is no end to one-off projects you can likely get involved with and provide solutions for. However, there’s a lot of cost when you work on one-offs: Energy. You haveContinue reading “Get Rid of the One-off Projects”
Productize Your Services so You Can Scale
When you are starting a venture, and you don’t know what people will buy, it is a great strategy to say, “Yes,” to everything. I consider this part of research and development. The cost is that you get spread out and may have to work on projects that extend your energy or cost you inContinue reading “Productize Your Services so You Can Scale”
Optionality
When you have so much uncertainty in your projects, relationships and dealmaking, the fear of loss or desire for perfection can be inhibiting. I find it best to create optionality. Pick the path with the most options and keeping your choices open. This is especially true when it comes to creating opportunities. Choose projects thatContinue reading “Optionality”
You Only Have to be Right Once
Most things don’t work out. And that is the raw reality of business and entrepreneurship. All those people who were excited and did not call you back are just part of the flow of dealmaking. All those promising projects that did not materialize or play out could have been affected by factors outside your control.Continue reading “You Only Have to be Right Once”
