Archive for January, 2012

10 things entrepreneurs can learn from chefs

Monday, January 9th, 2012

Who among us doesn’t love a great meal? Whether we choose eat at home or in a restaurant, all of us appreciate and respect the work that goes into preparing and presenting our food. We love the humble diner which serves up a phenomenal burger and fries and marvel over the lavish cuisine served up at a 4-star establishment. The proprietors of these two distinctly different types of business have a great deal in common – with each other as well as with the community of entrepreneurs in general. They understand their market, work hard to satisfy their customers, and create a high-quality product and service to compete effectively against each other as well as the thousands and thousands of other restaurants at hand. This is the latest in a series of posts I have been working on that discusses how we can draw lessons for our own ventures from the world around us – specifically from unexpected quarters. Last year, I wrote about how much we can learn from kids, about what dogs  and musicians can teach us, and how we can draw inspiration from athletes. Today the great chefs of the world get their turn; these artists are are often wonderful business people and genuinely entrepreneurial, but are admired for their unending creativity and dedication to their craft. Great chefs work everyday to achieve perfection, and we can each learn from their example and their pursuit of the consummate creme brûlée (or burgér, if that should be your personal preference).

1. Chefs live by their creativity. There are not many businesses that are completely dependent on a continuous flow of creativity. Entertainment, advertising, and fine art are among the few industries built completely on a creative output. Fine dining stands among these as an example of pure creativity as a service and a product and the best chefs live and die purely on their ability to create. The chef who loses this ability can no longer compete and can no longer serve their customers or their market.

2. Chefs develop skills over time. Like a great musician a chef develops their skills and technique over many years of practice and refinement. Cooking is not just an art form, but also a craft and the tools, methods, and skills can take years to master. Whether classically trained, or self-taught the great chefs have worked hard to develop their expertise and these abilities are what set them apart and make them unique.

3. Chefs perfect. We speak and write often about the importance of iteration and constant improvement and the best chefs are masters of this. Developing great recipes is a time consuming process and the analogy to developing our own products or services is apt: take the time to develop yours by a process of refinement and repetition until it is as delicious as can be.

4. Chefs listen to their customers. Can you think of another profession where your customer is more critical to the process? Seriously, if they don’t like your product they will leave. They won’t come back and they won’t send their friends to eat the food either. In other industries, the entrepreneur can survive if their product is OK, or even of they have a fail or two. If you are to compete in the world of the chef, you had better pay close attention to that customer and their happiness with your food or you will not have a customer left.

5. Chefs work in teams. Great food is often, though not always, a team endeavor and the skills if the team are crucial. Chefs compete for talent on their staffs just the way you compete for talent in your business. And, as with any team, chef’s teams are an aggregate of the necessary skills and abilities needed to get the job done: sous chefs, line cooks, prep cooks, wait staff, mixologists all contribute to the overall experience of the customer and each of these folks come with their own talents and abilities. (more…)

Twitter Link Roundup #115 – Small Business, Social Media, Design, Copywriting, Marketing And More

Thursday, January 5th, 2012

Every day on the crowdSPRING Twitter account and on my own Twitter account, I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design, web design, startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

The image above is taken in Takotna, Alaska during the Iditarod Trail Sled Dog Race on March 9, 2011. The green in the sky is the aurora borealis. More phenomenal photos from 2011 are in the Other section below.

10 New Years Resolutions For Small Businesses and Startups – http://bit.ly/t7wmEP

Small Businesses and Startups: Worst. Advice. Ever. – http://bit.ly/v6SwXL

Five Tips To Improve Employee Performance Reviews – http://t.co/qujdIQZk

Radio Still Good Advertising Option for Small Business – http://t.co/oVRqihB3

crowdSPRING’s Small Business Spotlight of the Week: CorpsAfrica – http://bit.ly/x2iA7L

The ideal product manager – http://perfor.ms/uK2qJu

Stop whining and start hiring remote workers – http://bit.ly/vviGal

Good suggestions on handling customer service questions and issues – http://sto.ly/whZCLX

crowdSPRING’s Small Business Spotlight of the Week: Flightwise/ MyRadar Mobile Apps – http://t.co/5TTMqMLJ

crowdSPRING’s Small Business Spotlight of the Week: NinjaDog Concepts – http://t.co/JVMH0TfV

Small Businesses and Startups: Worst. Advice. Ever. – http://bit.ly/v6SwXL

Should Startups Focus on Profitability or Not? – http://t.co/83e0h2kS

Mark Cuban on Why You Should Never Listen to Your Customers – http://t.co/b5DHvVmz

The Seven Habits of Spectacularly Unsuccessful Executives – http://onforb.es/zZqYcZ

My advice to startups pitching the media – http://perfor.ms/vbXP8P

Five Tips To Improve Employee Performance Reviews – http://t.co/qujdIQZk

Some Thoughts On The IPO Market For Web Companies (by @fredwilson) – http://t.co/WzfBvutC

Marc Andreessen: Predictions for 2012 (and beyond) – http://t.co/2Y3XJq2G

The ideal product manager – http://perfor.ms/uK2qJu

There’s Only One Thing In Life You Can Control: Your Own Effort – http://read.bi/u32aYq

CEC’s Startup Forecast – “Never been a better time to start a company in Chicago” – http://t.co/8FckJve9

Mocked And Misunderstood – http://t.co/ubJCMtdq

Experienced entrepreneurs preserve equity – http://perfor.ms/uquQlD

What It’s Like To Be An Entrepreneur – Eboo Patel – http://bit.ly/ynsVZA

Good suggestions on handling customer service questions and issues – http://sto.ly/whZCLX

Stop whining and start hiring remote workers – http://bit.ly/vviGal

10 New Years Resolutions For Small Businesses and Startups – http://bit.ly/t7wmEP

The State of Social Marketing 2011 – 2012 – http://t.co/38z8IOAc

Has Twitter caused journalism to turn narcissistic? – http://bit.ly/vod6qk

Advertising Isn’t Dead – The Creative Process Is – http://bit.ly/u34ztJ

Advertising Firms Need To Be Downsized Before They Become Too Dumb For Their Own Good – http://t.co/niRIhwhx

End of an Era: The Golden Age of Tech Blogging is Over – http://t.co/CvUPSIRf

SEO Pricing: 600+ Agencies Share Costs of Services & Pricing Models – http://mz.cm/yeySyi

How Google+ Is Changing the Web, Even Though No One Wants It To – http://bit.ly/zeoG6J

Mobile Users Split on Check-In Services – http://t.co/deg6RQp4

Social network addiction around the world (Israelis are the most addicted) – http://t.co/RAXUY6kd

So great to see such strong support for interesting KickStarter projects (espresso machine) – http://t.co/tx9eiUln

Strong and prompt response from FedEx – good to see – to the monitor throwing video – http://t.co/1xMPCASl

Good to see Yelp/BWM integration – but are we heading to app overload in cars? - http://t.co/Idyq5U4L

The media’s fixation on size (Google+ vs. Facebook) is misguided. Why do we continue to obsess about size? – http://bit.ly/tSXmCi

Last Collection Of Creative Ads For 2011 – http://t.co/nA8Drm2Y

45 Creative Alcohol Advertisements – http://t.co/aafNlnRe

65 Free Fonts for Graphic Designers – http://bit.ly/vUwZRj

Best Of 2011: 40 Detailed Photoshop Icon Design Tutorials – http://t.co/zhcReo9P

Top 50 Photoshop Tutorials of 2011 – http://t.co/54BJzrkP

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The January cS Award and The December cS Award Winner

Wednesday, January 4th, 2012

Last summer, we announced that we would issue a monthly cS Award to honor quality work by designers and writers in the crowdSPRING community.

January cS Award

The cS awards are designed to celebrate the incredibly talented designers and writers in the crowdSPRING community and to encourage high quality work as well as community-oriented behavior. The most successful Creatives on the site are those who understand how to listen closely to a Buyer, how to read and interpret a project brief, and how to respond to a Buyer’s feedback with appropriate and creative revisions to their entries.

Typically these Creatives are rewarded with high scores from Buyers, so this month we want to focus on the Creatives who submit the greatest number of high-scoring entries. So for the January cS Award, we will award $1,000 to the Creative who receives the greatest number of 4 and 5-star ratings on their submissions! All crowdSPRING writers and designers will be eligible for this award, but you must compete in at least 5 projects and submit at least 10 entries during the month of January.

Good luck everyone  - we look forward to seeing your January entries receive tons of praise!

 

And now…. the December cS Award Winner….

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Small Business Spotlight of the Week: CorpsAfrica

Wednesday, January 4th, 2012

The stress of the holidays and debauchery of the New Year has faded away and, for a lot of us, this means we try to get serious about things we want to change in our lives. For some, this might mean losing weight, quitting smoking or finally watching all five Rocky films. According to USA.gov, one of the most common New Year’s resolutions is to help others more often.

CorpsAfrica is a small non-profit that aims to allow African communities take control and begin to work on solutions to poverty. Instead of sending volunteers from countries that have little understanding of the real issues, CorpsAfrica is about empowering locals with the resources to come up with practical answers. The NPO provides volunteers with training, curriculum, and facilities to help reach these goals. They are currently working in Morocco and Malawi, but hope to expand to all 54 African nations. You can access their donation page here.

Founder and Executive Director, Liz, goes more in-depth about CorpsAfrica:

How would you explain what you do to somebody’s grandmother?

CorpsAfrica helps Africans be “Peace Corps Volunteers” in their own countries – and drive solutions to poverty at the community level.

What are some industry specific challenges you faced? 

Being a nonprofit, the challenge is always fundraising.  Particularly in this down economy, securing start-up funding is so hard.  For CorpsAfrica to establish an office, we need an initial investment of at least $100,000: for the office space, training facilities, curriculum and, of course, the trainers, transportation expenses, insurance and other administrative expenses. The first staff person is the biggest hurdle, we’d need enough money in the bank to ensure their employment for at least six months,  and we need to hire someone good. The success of the program will depend 99% on the in-country person we hire to run it. (more…)

What It’s Like To Be An Entrepreneur – Eboo Patel

Wednesday, January 4th, 2012

We’re thrilled to be part of a new web/TV reality series – Trep Life – giving audiences a unique, 360-degree view of what it takes to succeed as an entrepreneur.

Each episode focuses on one company or organization. The first episode featured our friends Matt Maloney and Mike Evans from Grub Hub – a terrific place to find every restaurant that will deliver to you. Subsequent episodes featured Lara Miller, a designer and Executive Director of the Chicago Fashion Incubator, serial entrepreneur Howard Tullman, Redbox Founder Mark Rechler, and James Miller and Samantha Ballenger of Network After Work. crowdSPRING was featured in episode six.

The latest episode features Eboo Patel, a social entrepreneur who founded Interfaith Youth Core in 2002, with a mission to make interfaith cooperation a social norm. Watch below:

Small Businesses and Startups: Worst. Advice. Ever.

Tuesday, January 3rd, 2012

A few weeks ago I wrote about New Year ‘s resolutions for small businesses, but the other day I realized I had left one out. This one is not an action item, nor an intellectual exercise. It is at once very simple, but also incredibly difficult, especially when under pressure to get a new business off the ground to improve performance in an existing one. It is this: learn to differentiate between good advice and bad. And once you have mastered the skill of identifying bad advice, develop a second skill: the ability to discount and reject it.

Everyone who has ever launched a business has been subjected to the clamor that arises from well intentioned investors, family, friends, and casual cocktail-party-type acquaintances. Each of them has a pearl of wisdom, a relevant anecdote, or a driving reason why you should do this or should not do that. Each of them is absolutely certain that, if you follow their sage advice, your business will rocket to the stars, Google will acquire it for $1.7 billion, and your success will be forever assured. While some of their advice may actually be of interest, you will assuredly reject the majority of it as coming from someone who doesn’t understand your business, your market, and your customers.

We have all been on the receiving end of this advice, so in this article I am going to share with you some of the worst business advice ever given. Here then, are 5 pieces of bad advice I have been given, and my reasons for rejecting each:

1. Your Idea Won’t WorkEveryone has an opinion, and it is incredible how often you wil be told that your idea for a new business simply won’t work. People seem to love sharing this feedback, perhaps because it helps them to feel smarter or more powerful. In startups you need to trust your own opinion, and you need to back it up with research. Do your homework, provide your own skepticism, question your own biases, but trust yourself and the homework you do to answer that question for yourself.

2. Faster Is Always BetterSpeed to market is critical for many startups, and many of us tout our ability to iterate quickly, our flexibility in managing our business, and our potential to pivot when the market demands it. But speed is not always of the essence, and business owners need to understand that often it is best to take the time to ponder a decision, sleep on a proposal, or throughly debate an issue. Everything has its place, speed included, but faster is definitely not always better.

3. If you want it done right, then do it yourself. The most valuable commodity that an entrepreneur has is time. Time to think, time to act, time to execute. Managing your time is critical to the success of your business and one of the best ways to do this is to delegate. Hire talented people, train them well, then launch them into the world by delegating to them work which your personal capacity constraints simply does not allow you to perform. To grow your business, you will inevitably have to grow your team and that inescapable fact means that you will have to trust others to do the work. The best advice I have seen on this topic was in a post Ross wrote last year: don’t be afraid to delegate, but make sure that you get your own hands dirty before handing off that task.

4. I Can Teach You Everything. One trap that many entrepreneurs fall into is the mentor-snare. We meet someone who seems wise, experienced, and thoughtful. Someone who exudes confidence and tells us that they can teach us everything we need to know. While there is great value in having trusted mentors and teachers, be wary that you don’t become enmeshed in the ideas and advice offered by someone whose experience may not be appropriate, whose wisdom may run thin, and whose confidence could be misplaced. Trust yourself, trust your instincts, and trust your hard work to answer the question of whether another person’s advice is worthy of acting upon. My advice? Learn from lots of people, but take care that you don’t become overly dependent on just one.

5. Play it safe. By its very nature entrepreneurism is risky and I believe the risk should be embraced, not avoided. The trick it to do everything you can to mitigate the risk and to improve your odds of success. Do your homework, hire the best talent you can find, keep expenses as low as possible, and keep it simple. The lean startup movement has taught us a great deal about how to limit our risk while bringing a product to market, and the unstated message is to never play it safe.

Photo: Gregory Taylor

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