Posts for March, 2008

Of all the website launches since the start of the Internet, I believe Juicy Campus has received more PR in its few months of existence than any other launch in history. There is good reason for it; it’s the perfect storm. It allows anonymous, unmonitored gossip that has resulted in the absolute humiliation of some and the supposed suicide of others. The media loves it, students clamor to make their mark and the site actively feeds on itself. It is like a train wreck. But I don’t think its popularity will last long. I predict it will be a has-been in less than a year.  Read more »

Stoopid Entrepreneurs take the idea of making mistakes too literally. They make uncalculated, off-the-wall risks over and over. When things don’t work out, they jump on to their next crazy scheme. It becomes an endless game of repeating pot shots. They make reoccurring and often more and more extreme shots in the dark. The downward spiral grows and grows.  Read more »

Who knows you better than your Mom, Dad or your good old Uncle? But even if they’d like to help, they may not have the money. Worst case, they do have the money but your business tanks. That will make the family get-togethers a little uncomfortable to say the least! This is when you may want to turn to outside investors.  Read more »

Even though 95% of your business operation may be phenomenal, if the points of entry are gross, the overall impression will be very poor. Consider these common “points of entry” for new customers to your business. If you rank high on these, good for you, keep it going. If these are armpit like, it is time for significant improvements… NOW!  Read more »

Looking back, I have clearly made mistakes. That doesn’t bother me so much. I have learned from most of them. What does bother me is the missed opportunities. What bothers me are the times I ran toward comfort instead of trying something new. What bothers me are not the risks that I took, but the risks that I avoided.  Read more »

I received an email from an aspiring young entrepreneur in Florida. He has the same question, albeit with his own parameters, that we all have when trying to get started. Here is the summary of his question, and my thoughts:  Read more »

You might benefit from using the "strategy" that I used to get on The Big Idea with Donny Deutsch. This blog tells you how I got on The Big Idea.  Read more »

I have come to realize we achieve what we believe. It doesn't matter what your background is or your education is, what matters is what you believe you can or can't do. Yes, you background and experience has a great influence on your beliefs. But once you realize you have the right and you have the ability to change your beliefs, you can achieve what you want.  Read more »

We’ve all heard that cash is the lifeblood of our business. I think it’s hard to argue otherwise. Shouldn’t we treat our money like our business’s blood? Just like a medical emergency, a business in need of fiscal attention often requires an infusion of capital.  Read more »