smart entrepreneurs
How Smart Entrepreneurs Identify Weak Signals Quickly
By Martin at March 19, 2015 | 11:04 am | 0 Comment
When the economy tanks as it did in the last recession, that’s a strong signal that things have to change, and it’s hard to miss. But most of us in business have to deal most of the time with weak signals, or change that is happening in a far more subtle way. These changes can be cultural, like the increasing need to be social, spawning Facebook and a hundred others, more...
An Effective Mutual Learning Tips For Smart Entrepreneurs
By Martin at September 29, 2014 | 12:34 pm | 0 Comment
Starting and running a company is a team effort. Yes, it takes a leader (entrepreneur), but you can’t do it alone, without a team. Maybe only you and a co-founder comprise the team at first, to provide key skills, back you up, and test your ideas. As the startup grows, the team has to be able to really push you in making growth decisions, rather than you pulling them more...
Key Traits Of Smart Entrepreneurs
By Martin at May 19, 2014 | 8:30 am | 0 Comment
As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. People cite sources like this BusinessWeek story last year “Real Entrepreneurs Don’t Write Business Plans,” or even my own article a while back, “10 Reasons Not To Write A Business more...
Why Smart Entrepreneurs Needs To Cross The Chasm
By Martin at December 19, 2013 | 8:24 am | 0 Comment
Everyone in the business world has heard of the old bestseller by Geoffrey A. Moore titled “Crossing the Chasm,” but most entrepreneurs have no idea how it relates to them. In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Most investors and startup more...
Survival Tips For Your Startup Company
By Martin at January 29, 2013 | 8:28 am | 0 Comment
Since the days of Henry Ford, mass production has been the Holy Grail of business, rather than build-to-order. Too many businesses haven’t noticed that we have come full-circle, where mass customization is required now to win. Customers have come to expect immediate and tailor-made responses to their needs, and the businesses that fail to deliver quickly fall more...
Web3.0: Is it good or bad for entrepreneurs?
By Martin at August 23, 2011 | 1:15 pm | 0 Comment
For some reason, I haven’t heard much about the next generation of the Internet (Web 3.0) lately, which probably means it isn’t happening as fast as everyone predicted. It’s already a couple of years behind schedule from my perspective. I suspect the real challenge is not the semantic web technology, but new attractive business models from smart more...
