The Risk of General Purpose Toolkits as a First Product

I will sometimes encounter an entrepreneur or team who is developing “a general purpose toolkit for X.” This may be at a Bootstrapper Breakfast or other networking event. They have often developed a core of a promising technology and see applications for it everywhere. Here is what I normally suggest: Write up a few examples

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Book Club: Origin and Evolution of New Business

Live Call-in Discussion on Wednesday, October 26, 2011Dave Stubenvoll, CEO & Co-Founder Wowza Media, Inc., Francis Adanza, Dir. Professional Services, Zephyr, Inc. and Sean Murphy, CEO SKMurphy, Inc. share insights from the book about how they explore uncertain and ambiguous opportunities. View recorded session Origin and Evolution of New Business by Amar V. Bhide’ The

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Outstanding Panel for Wed-Sep-14 Book Club on “Great Demo”

We have an outstanding panel lined up for next Wednesday’s Business Impact Book Club: Matt Cameron,  CEO, WhoTo.com Jon Cline,  Principal, Cirrus Path Brian K. Seitz, Managing Director, Intellectual Arbitrage Group We will discuss lessons learned applying Peter Cohan‘s methodology from his “Great Demo” book. If you are interested in improving your sales presentation you

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Seth Godin Blog

Book Club: Discussion on Seth Godin’s Texting While Working

Texting While Working by Seth Godin “Text While Working” is a thought-provoking blog article by one of our must-read bloggers, Seth Godin. We discuss the topics Seth raises, such as being “in flow” and raising the stakes. The panelists share how they manage their tasks and ensure they focus on the important items that differentiate

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Len Sklar: Be Clear About Payment Terms And Consequences

Len Sklar, author “The Check is NOT in the Mail”  has spoken several times at Bootstrapper Breakfasts.  Here is a recent talk he gave where he stresses the importance of putting payment terms and the consequences on non-payment in writing, communicating them in advance, and ensuring that they are understood. It all seems so obvious

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The Search for Validation is Baggage, and You Need to Travel Light

Jon Carroll wrote a wonderful column on July 5, 2000 titled “As You Get Older.” The whole thing is worth reading but there is a section that begins “This is your challenge…” that reads like poetry. So I have re-formatted it as blank verse, it contains a number of observations on advice and influence that

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Erecting Barriers to Competition That Are Difficult to Duplicate

Competition is inevitable, that is why it’s wise to prepare for it and immunize yourself with difficult to copy differentiation where possible. A pure focus on implementing new features as fast as possible in an effort to outrun the competition is unlikely by itself to be enough. Here are some barriers you can erect that

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