Lean business practices

If You Risk Nothing, You Risk Everything

Ross | May 16th, 2013

People fear many things. The fear of failure is perhaps one of the greatest and most dangerous fears. If you risk nothing, you risk everything.

Read full post »

The First Step, No Matter How Small, Is Crucial To Success

Ross | May 15th, 2013

Hamdi Ulukaya, CEO and founder of Chobani, recently talked about how he started Chobani. It’s a wonderful story and well worth your time to watch how an immigrant entrepreneur with a vision others thought was crazy, built a business that grew from zero to a billion dollars in just five years. Ulukaya was born in Turkey and […]

Read full post »

What Steve Jobs Can Teach Us About Management and Leadership

Ross | May 8th, 2013

“The task of the leader is to get his people from where they are to where they have not been.” – Henry Kissinger “Management is doing things right; leadership is doing the right things.” – Peter Drucker “You have to be run by ideas, not hierarchy.” – Steve Jobs Strong leadership without strong management can result […]

Read full post »

The Business Plan. Redux.

Mike | May 6th, 2013

It has been some time since I last discussed business plans in these blog pages and I thought it might be time for an update. When Ross and I were developing the idea for crowdSPRING we wrote an extensive business plan – over 80 pages of detailed description, research, tables, charts, models, and projections. The […]

Read full post »

Lean Business: Pivot Point

Mike | April 8th, 2013

In 2010 the co-Founders of Burbn, a check-in app for mobile phones built on HTML5, raised $500,00o in seed funding for a service that was designed for quick mobile sharing between users. The co-Founders had labored for over a year on their app but it was not gaining traction and they were unhappy with its functionality and […]

Read full post »

Small Business Marketing Tip: Send Email Campaigns At Night To Increase Revenue

Ross | April 4th, 2013

A few months ago, we highlighted the best times and days to send email for opens and clickthroughs. A new study from Experian offers a different perspective on the best days and times to send email. According to Experian, Saturday and Sunday had higher open, click and transaction rates than other days of the week. […]

Read full post »

Lean Business: Do Unto Others*

Mike | April 1st, 2013

The golden rule of word-of-mouth marketing: Be nice to thine customers and, lo, they shall be nice to you in return. The mechanical nuts and bolts behind this idea, in social psychology terminology, is represented by the concept of reciprocity. In short it referes to how people respond to a positive action with another positive action. […]

Read full post »

Lean Business: Freelancers for ALL My Friends!

Mike | March 25th, 2013

This year a great deal of my blogging focus has been on the struggles many small businesses have with capacity. In the business context capacity can refer to the physical space a company resides in, or the manpower available for a company to leverage. There is another aspect of capacity that is equally important and […]

Read full post »

Lean Business: Office Space – A Meditation

Mike | March 18th, 2013

Our lease is up at the end of the year and Ross and I have been discussing our options. We love our office: it has all of the features we need, plus a great location, fantastic light, a dramatic view of the downtown skyline, and plenty of space. Problem is, truth be told, it probably […]

Read full post »

Can Money Buy Happiness?

Ross | February 18th, 2013

Much has been written about money and happiness. Perhaps Abraham Lincoln summed it up best when he said that “most folks are as happy as they make up their minds to be.” Did you know there is a science of happiness? Economists have spent a great deal of time researching happiness and money. Just like […]

Read full post »