Strategy
Ten Rules for Business Success
Twitter It!By Robert Hacker
Every semester I give the same closing lecture in my entrepreneurship class at FIU. Basically it is a combination of course summary and practical advice learned over my 35 years of business. I call it “10 Rules for Success”.
All problems start with strategy. Every problem should be evaluated for its most far [...]
Too much free
Twitter It!By Seth Godin
If you want to know who’s a newbie on a film set, just watch what happens at lunch. Major films have huge buffets laid out for cast and crew, and the newcomers can’t resist. It’s FREE! Over time, of course, the old-timers come to the conclusion that it’s just lunch, and the [...]
Thinking about business models
Twitter It!By Seth Godin
A business model is the architecture of a business or project. It has four elements:
What compelling reason exists for people to give you money? (or votes or donations)
How do you acquire what you’re selling for less than it costs to sell it?
What structural insulation do you have from relentless commoditization and a [...]