Discovery, Invention, Growth, and Renewal
Entrepreneurs need to invent their future: this requires a cycle of discovery, invention, growth, and renewal.
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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 to have new blog posts sent to you.
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Innovation Principles from Ken Iverson’s “Plain Talk”
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.
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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.
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So Good They Can’t Ignore You
“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.
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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.
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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”
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How Do I Move From Being Capable to Offering Expert Consulting?
Offering expert consulting means developing a specialization and focus that enables you to execute with distinction. The phrases “finding the niche for your product” and “product-market fit” are 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 next prospect’s
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Vinod Khosla on the Need for Vision and the Value of Youth
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.”
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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 1950s through 1970s. It’s clear that they paid a lot of attention to “minimum viable products” and
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A Childhood Memory or Two
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
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Kinetic River Awarded NCI Contract for Modular Flow Cytometer
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.
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Explore Your Fit With Potential Startups Oct-17-2017
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.
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Dark Watchman vs. The Architect of Fear
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
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Quotes For Entrepreneurs–September 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 to have new blog posts sent to you.
Quotes For Entrepreneurs–September 2016 Read More »
The Customer Determines The Details That Matter
The customer determines the details that matter in assessing the quality of your product. Here is a true story where this was brought home to me.
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Q: What Lessons Should I Draw From A Painful Cofounder Experience?
A painful cofounder experience is unfortunately more common than a happy one. It can be especially painful when the parties don’t know each well to begin with and the business startup fails. Here is a real email exchange that explores some ways to minimize the risks.
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Why Startup Founders Choose SKMurphy As An Advisor
From conversations with current and former clients we have reached some conclusions about why startup founders choose SKMurphy as an advisor. Here is a summary.
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Newsletter: Pricing to Value
Our September/October 2016 newsletter explores different aspects of the challenge pricing to value: setting the price of your product based on the value that it offers a prospect.
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13 Tips For Getting Up Early and Arriving Early
I like getting up early and arriving early. But I find the hours late at night can unlock a lot of creativity so I often get up late unless I schedule something early. I also like working up to the last possible moment–what is it about the last few minutes before you have to leave that are
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