Start and Grow a Low Risk Business

I heard from a friend that their big corporation just laid off hundreds of people. It could be from mismanagement, market downturns or simply another industrial age company ending their cash cow ride. It’s easy to lose sight of the bigger picture. If people don’t want what you offer, then your business is going toContinue reading “Start and Grow a Low Risk Business”

Build In the Cost

Part of living in reality is accepting all its shortcomings and inefficiencies. All the inputs you may work hard to put into a system – materials, technology, talent, management, etc. – will not work at maximum efficiency or ever be balanced. When your systems become more complex, there is going to be more leakage andContinue reading “Build In the Cost”

A Year’s Worth of Living

I got to see an unbelievable human being last night with my family, Alex Honnold. If you have not gotten to see some of his work climbing daunting mountain faces, including being the only person to free solo climb Yosemite’s El Capitan simply with his shoes and a chalk bag, be sure to catch hisContinue reading “A Year’s Worth of Living”

Everything is an Experiment

  Here’s the simple strategy for keeping you from getting washed away in the tides of innovation all around you: Observe what’s happening around you in your world and see what people are buying. Come up with 3 ideas that get people to buy. Build a solution and sell it to one customer. Observe theirContinue reading “Everything is an Experiment”

Innovate and Leave the Industrial Age Behind

We are in a major election cycle and the promise of jobs keeps coming up as if the candidates can magically create jobs and fill out the shrinking middle class by decree. Ever take a look at the recent 10 Worst Companies to Work For article? Why do people hang on and work for theseContinue reading “Innovate and Leave the Industrial Age Behind”

How Are You Playing?

There was a class of MBA students that was once asked by their professor, “What is risk?” The answers that came back were conventional: “To start a business,” and “To become an entrepreneur,” and “To invest in the stock market.” The professor let the class name several and then he named it, “To have onlyContinue reading “How Are You Playing?”