Month: October 2016

Quotes For Entrepreneurs–October 2016

You can follow @skmurphy to get these quotes for entrepreneurs hot off the mojo wire or wait until they are collected in a blog post at the end of each month. Enter your E-mail address if you would like have new blog posts sent to you.

Q: Helping Customers On Hold

It’s important to understand who your customer is and what their critical business needs are. Helping customers is only possible once you have identified who you are truly serving (who will pay you) and which of their needs or problems you can help them address.

What a Mixmaster our dreams are for our memories

I take a fair amount of inspiration from dreams, which I believe are a way for the mind to reprocess memories into new configurations, the same way that a mixmaster can beat eggs or potatoes into a smooth consistency. I think dreams are a way of reprocessing experiences and distilling additional insights and learning. 

Founder Story: Steven Kim of edify.me

An interview with Steven Kim, founder of edify.me which provides very well written summaries of business and personal improvement books. I think his summary of the Lean Startup is by far the best and most useful, I profiled it last year in “E-Book Summary for Lean Startup” 

How Do I Move From Being Capable to Offering Expert Consulting?

Offering expert consulting means developing a specialization and focus that enable you to execute with distinction. The phrases “finding the niche for your product” and “product market fit” are essentially equivalent. A key definition of a market is that members reference each other’s buy decisions and therefore building up a set of references lowers your …

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Something Ventured: Make Money and Change the World for the Better

One documentary worth watching to get some context on the history of entrepreneurship and venture capital is “Something Ventured.” It’s a series of interviews with venture capitalists talking about their investments and their risk mitigation strategies in the 1950’s through 1970’s. It’s clear that they paid a lot of attention to “minimum viable products” and …

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