Sun Jan 13/ 2008 – 3:59 pm MST
I was part of a discussion with someone on a public board recently, the focus of which was executive summaries for business plans. An entrepreneur was meeting with a SCORE advisor, who had asked for the ‘exec’. The drafted exec was 3 pages long! The SCORE advisor responded by saying that that 3 pages was […]
Sat Jan 12/ 2008 – 1:04 am MST
There is an Australian entrepreneur who writes a blog called the Entrepreneur’s Journey. Yaro has distilled some of the lessons he learned, starting from his pre-university days. One of those lessons was the critical importance of conserving cash and reinvesting. He points out that the two primary resources can be interchanged – money […]
Tue Jan 8/ 2008 – 7:08 pm MST
One of the blogs that I regularly stop off at is Jeff Cornwall’s The Entrepreneurial Mind. Professor Cornwall is the holder of the Jack C. Massey Chair in Entrepreneurship at Belmont University, and has both a family history and personal experience in the field. His interests cover the spectrum of entrepreneurship, although he says his […]
Sat Jan 5/ 2008 – 2:57 pm MST
In small and medium business planning, there is much more chaos (in the mathematical sense – unpredictable within certain boundaries) than many realize. This is driven by the enormous range of possible influences on the environment, and their cross-linkages. This is truer today than ever before, and the business operator’s response demands flexibility, constant monitoring […]
Tue Jul 17/ 2007 – 5:09 pm MST
There is a fairly simple answer to the question – what does a business need? The answer is most often – more. More time, more money, more sales, more people, more equipment, more exposure, more innovation, more productivity – more.
Each of the individual items listed above are interchangeable. All of them can be replaced with […]
Fri Jul 13/ 2007 – 9:49 pm MST
The human mind is a funny thing… Built over the physical structure of the brain, with its trillions of neurons and synapses, and its bafflingly complex neurotransmitter soup, the mind is organized chaos. Well, sometimes mine is organized, other times, you take your chances…
At various times, the balances of the chemical soup changes,
Tue Jul 10/ 2007 – 1:08 pm MST
We took a look at an entrepreneur a few posts ago. Bernie’s outlook on life, his view of the world was quite unlike most people’s. In his view of human beings, those who take responsibility and assert control, particularly over themselves, are adults. He simply did not place trust in those who failed to do […]
Sat Jul 7/ 2007 – 9:44 am MST
In the 1800s, the attraction of natural resources in North America proved irresistible to a certain breed of person. The forests fed the European need for material for their ships, and the mines were a direct source of wealth, and then the underpinning of a primary manufacturing sector. The life for the (mostly) men who […]
Tue Jul 3/ 2007 – 7:09 pm MST
I introduced you to Bernie on my last post. Obviously, I have changed names and lines of business and some other details, but he was an unusual man, even amidst a class of entrepreneurs.
Entrepreneurial Attributes
In my first post on an entrepreneur’s reality, I mentioned a number of attributes, and three fundamentals.
Sun Jul 1/ 2007 – 11:18 am MST
Bernie was fourteen when he took over the family business of salvaging construction materials. He faced challenges from a sceptical business community, and a family which worried about the risk to their primary asset. His father’s untimely passing had made it necessary.
Bernie had to abandon any aspirations for formal schooling, despite his intellectual talents, in […]
