Archive for January, 2012


A few key websites I would recommend:

  • High level business plan suggestion – http://blog.guykawasaki.com/#axzz1j9so32SI  I am listening to Guy’s Reality Bites and they echo so much the experiences of many who have been successful in growing a business and getting capital investment. Guy started his success at Apple, but along the way has become a successful venture capitalist, and therefore has sat through many many business presentations. He has learned what works from the perspective of will it get someone to write a check and do a deal.
  • I have mentioned Seth Godin a few times, I particularly recommend Linchpin
    Linchpin by Seth Godin

    A mindset for new business creation or anyone trying to earn a living

    His writing style is light and fun, but I think his ideas are pretty fundamental to the way the new world is. It tells the story that trying to be 2nd best or worse is hardly worth getting out of bed in the morning. Be the best – 2 ways:

    • Be ‘fortunate’ enough to be the best in a ‘standard’ area.
    • Be creative enough to define your niche of being best. The key is you should be able to introduce your self as ‘the best ………’ in a way that everyone you meet knows it is the truth. That may be by geography, or creating a new market segment or reframing an existing segment but be the best.
  • Here is the story of the marketing and passionate niche I was telling a few clients about. http://www.forbes.com/sites/michaelellsberg/2012/01/11/the-tim-ferriss-effect/ It demonstrates how the world of broadcast over narrow-casting has passed as absolute law. Our markets are large enough (over 303million in US alone) and flat enough (2 day for under 2 pounds, but so much is the speed of internet) and segmented enough (how many Yahoo groups are there today, how many Meetup groups are there today in your area). So many business owners keep trying to get the ‘big’ publicity hit and fail to understand that most success comes from targeting the key people you want to connect with. That success from connection individually rather then exposure of many.
  • Explore your business using the Business Model Canvas. I have worked with many different start-ups.
    Business Model Generation Book Cover

    A new way to get to the Truth of a business plan

    Along the way, I have built a variety of questionnaires that I found very helpful for all to understand and clarify what the real objective and strategy. Having recently found this 1 page tool, I find it naturally replaces my flat mini-book of questions with a single sheet that is far more action oriented, less overwhelming and more action oriented.

  • And of course, there is the E-Myth Revisited by Micheal Gerber.

Inventory is Dead Weight.

A feature that you built and tested, but didn’t deliver yet because you’re waiting for the next major release, becomes inventory. Inventory is dead weight: money you spent that’s just wasting away without earning you anything. Joel Spolsky
http://www.joelonsoftware.com/items/2012/01/06.html

I discovered a new tool for quick survey of the series of tubes of the web (Daily Show fun) – AllTop.com which lets you get a single feed around topics that you can create, or others have created. The ‘generic’ page led me to Joel’s blog post today.

But Joel’s thought on inventory struck me. I have different posts in ‘draft’ stage. I have different ideas in planning stages. I have different relationships in development stage – I promised to get them some useful information (by their feedback) that I have not. This inventory (or more appropriately WIP-Work In Progress) is not creating value for me, or more importantly for others. I am short-changing myself, and others, and I need to stop that.

I notice so many people I respect are not getting hung up in working on getting ‘it’ perfect, before they publish/post/deliver/share so few opportunities are missed. The value they are reflecting is important. So the question becomes, how I do that myself?

I am finally not only hearing the need for creating, sharing and niching, but delivering. Whether that means publishing, posting or just hitting send more often. Thank you Seth Godin, and the many who have preached this newer concept over the old framework of: design, develop, test, fix, retest, fix, retest, fix, retest….. deliver an outdated design for a changing world and market.

So this year there will be more posting, more ideas and consequently more mistakkes as I ‘iterate’ and continually improve.  How are you going to change your models to improve this year?

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