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Ken Iverson wrote “Plain Talk” 1997 to document the management and innovation principles that led Nucor from bankruptcy to the number three position in the steel industry in the United States. Since the publication of the book Nucor has become the number one player.
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.
“So Good They Can’t Ignore You” by Cal Newport offers a very good model for creating a good career or prospering as an entrepreneur.
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.
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”
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 …
How Do I Move From Being Capable to Offering Expert Consulting? Read More »
A review of some remarks by Vinod Khosla on “Silicon Valley Vision” in 2012 and the value of youth from the Nasscom conference in November 2011. I contrast that with an earlier article by Jim Collins on “Built to Flip.”
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 …
Something Ventured: Make Money and Change the World for the Better Read More »
I had strong memory this morning of riding my bike down a hill on the street in front of our house. The air was skin warm and after the heat of the summer was a delightful caress, going downhill I did not have to pedal and it was like flying. It’s hard to recapture the …
Kinetic River Corp. has been awarded contract from the National Cancer Institute for a modular flow cytometer that will be used to test novel laser sources for applicability to flow cytometry. It will also serve as a test bed for new detectors, electronics and other technologies critical to the future of flow cytometry.
The Cofounder Academy is offering an innovative event at the Hacker Dojo on Mon-Oct-17 for cofounders to explore your fit with potential startups.
This is a republished version of a blog post I did originally on July-21-2008 on the FunMurphys.com blog. It’s a meditation on fighting terrorism and creating a common enemy to foster collaboration. Architect of fear has a dual meaning: both the terrorist (e.g. the Joker in the movie “The Dark Knight”) and the scientists in …
