December 2009
6 posts
4 tags
What is your NAICS Code?
If you have been involved in any kind of business, you should then be familiar with the business planning process. Part of this planning involves understanding the industry that your business is going to be part of. This includes knowing:
how the US Federal government and other reporting agencies define the industry.
what stage the industry is in as well as the yearly financials of such an...
“Businesses are not built by extraordinary people but by ordinary people doing...”
– Michael E. Gerber
2 tags
Ideation Techniques - WIBNI
Wouldn’t It Be Nice If…(WIBNI) is one the many ideation techniques that I learned about during last summer’s course in business creativity. It is by far one of the easiest techniques to implement and it is quite surprisingly very effective. WIBNI is a technique that can be used to brainstorm for all sorts of ideas and it is not just limited to new business ideation. For example -...
Hearing but not Listening
As 2009 draws to an end, like everyone else - I think that it is time to reflect on it. A lot happened this past year: a new president was sworn in; we still live in a slow economy; the Chicago Bears (and Cubs) did what they do best - kept us hoping for next year. However, as we reflect over the past 12 months we will of course notice that a lot of other things happened - guess what? These events...
Are you also suffering from the “Entrepreneurial...
The entrepreneurial seizure is a term that I got from one of my favorite business books – The E-Myth by Michael E. Gerber – “the idea of being your own boss, doing your own thing, singing your own song becomes obsessively irresistible.” It is what most of us budding entrepreneurs suffer from when we realize that we can in fact start a business doing what we technically do now. I refer to this...
1 tag
Warfare and Business?
I was reading the article - Maneuver Warfare: Can Modern Military Strategy Lead You to Victory by Eric K. Clemons and Jason A. Santamaria - and even though I thought it was an interesting article that was written to show different strategic moves that companies can make, the thought of comparing business competition within an industry to war does not quite sit right with me. In fact, I think that...