If your product is very successful and if you have no legal way of protecting it—which is true, in most cases—then why not knock yourself off before someone else does? Put yourself in the knockoff artist’s shoes. How would he or she copy your product? In most cases, they will look to make it less […] Read more »
BLOCKBUSTER IDEAS NOT REQUIRED
The starting point for any new venture or product is the idea. What product or service will our business offer that will be a winner? A great many people can’t get past this idea phase. It seems to me that many of them stall out because they are waiting to hit upon some kind of revolutionary new idea - a concept of such power that it will appeal to everyone. They want bells to go off in their heads. They want brilliance. They want a blockbuster idea. Read more »
Passion Required To Start and Grow a Business
PASSION−A key attribute to overcome adversity and build a business. Every attribute and skill can be learned except passion. I would not recommend that anyone start a business unless they have a passion to do so. Passion is the wild card in overcoming many obstacles facing fledgling companies. To name a few: inexperience, knowledge shortfalls, […] Read more »
FALL IN LIKE—NOT IN LOVE
I am all for entrepreneurs and would-be ones to be enthusiastic, compassionate, and believe in their new product, ideas, or company. However, these emotions and the actions they elicit need to be tempered by the reality of the situation. Read more »
BLOCKBUSTER IDEAS NOT REQUIRED
The starting point for any new venture or product is the idea. What product or service will our business offer that will be a winner? A great many people can’t get past this idea phase. It seems to me that many of them stall out because they are waiting to hit upon some kind of revolutionary new idea--a concept of such power that it will appeal to everyone. They want bells to go off in their heads. They want brilliance. They want a blockbuster idea. Read more »