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February 2013 Blog Posts (28)

How To Develop a Personal Brand That Benefits Your Business

In the world of social media, it may seem a passé topic to discuss your personal brand, yet there is definitely something to be said for business success resulting from a strong and distinct individual voice. A personal brand can be thought of as a bit of "celebrity" on various social media channels.

The concept likely started on Twitter a few years ago when certain businesspeople, who were not at all "celebrities" in the entertainment or fame sense,…


Added by Joshua John on February 28, 2013 at 10:00am — 5 Comments

Espressopreneur: Why Marissa Mayer is Right on Yahoo’s New Work Policy

"To become the absolute best place to work, communication and collaboration will be important, so we need to be working side-by-side. That is why it is critical that we are all present in our offices." — Jackie Reses, Yahoo

Marissa Mayer has been making waves as the new CEO of Yahoo. Formerly with Google, she incorporated a new policy that Yahoo employees can no longer work from home. It has created quite a stir in the media.…


Added by Damir Perge on February 25, 2013 at 7:00pm — 1 Comment

Espressopreneur: Be Swift as the Wind

“When campaigning, be swift as the wind; in leisurely march, majestic as the forest; in raiding and plundering, like fire; in standing, firm as the mountains. As unfathomable as the clouds, move like a thunderbolt.” — Sun Tzu: The Art of War, Chapter VII, Maneuver (Verse 13)

When it comes to incorporating the element of speed in your business, I can’t think of a better analogy for any entrepreneur than to be “swift as the wind.” Here’s my…


Added by Damir Perge on February 22, 2013 at 8:30am — No Comments

The Hillstone Restroom Test

hillstone-restaurant-entrepreneurdex You can tell a lot about the quality and type of service you will get as a consumer by visiting a business's restroom. When I go to a new restaurant, after being seated, I often check out their restroom to see the level of cleanliness.

Who gave me the authority to become a restaurant restroom inspector? My mother did. When I was a teenager growing up in America I cleaned…


Added by Damir Perge on February 21, 2013 at 5:30pm — No Comments

Espressopreneur: “Let’s Make a Billion.”

I recently met with some very cool new entrepreneur friends. After working with them a few days, we decided to help them accelerate their startup. While discussing with them the startup valuation process and different investment scenarios, I explained we don’t operate like a traditional accelerator business model in Silicon Valley, or the hundreds of accelerators sprouting up all over the world.

“I love your startup … it’s a billion dollar play,” I told the two…


Added by Damir Perge on February 20, 2013 at 3:00pm — No Comments

Strategy vs. Planning

Many businesses and publications give mixed signals about the terms strategy and planning. Some suggest that planning is the big picture and strategies fall under it. Others believe the two terms are the same and use the words interchangeably. Neither is correct, according to authorities in the industry.

Scores of book and online articles include the two words in their title, often side by side. If strategy is not planning, and planning is not strategy, what is their…


Added by Joshua John on February 19, 2013 at 11:25am — No Comments

Espressopreneur: "Don't Try ... Do."

I was talking with Robert Stenger, an entrepreneur friend of mine, about all the things we wanted to accomplish this year. Of course, most people commit and make personal goals for the year after each year-end. But how many people follow their goals on a continuous basis? The ones that do, make things happen.

While talking with Rob, I noticed a change in his entrepreneur…


Added by Damir Perge on February 18, 2013 at 9:00am — No Comments

Businessnatomy: The Revenue Vectors in Any Business Model

I am obsessed with figuring out various ways that any business model generates revenues. From a visualization perspective, I am working on setting up the components of a business model using a Lego-type modeling approach in order to make it easier to combine, mutate and re-combine your own business models. In some respect, this is copying nature's DNA structure and applying it to business modeling.

If your startup or business doesn't have a business model roadmap of how you're going…


Added by Damir Perge on February 17, 2013 at 2:00pm — 1 Comment

The Gamification of a Business Model—What You Can Learn From Dropbox

As I continue to analyze various modular structures of a business model, a Lego-style model vector popped up on my radar: gamification.

Gamification is nothing new. Obviously, the airline industry has been conducting components of gamification in their frequent flyer loyalty programs. Some high-tech companies have taken it to another…


Added by Damir Perge on February 16, 2013 at 10:00am — No Comments

Espressopreneur: In Startups, Numbers Alone Confer No Advantage

“In war, numbers alone confer no advantage. Do not advance relying on sheer military power.” — Sun Tzu, The Art of War Chapter IX, Marches, Verse 45

For any entrepreneur, this is an inspiring message. If you are already in the startup trenches, or…


Added by Damir Perge on February 15, 2013 at 7:00am — No Comments

Startup Energy: Energized by the Market

There is nothing like talking with people that are domain experts in the sector you’re addressing with your new idea, startup or product. I recently met with an old friend I've known since high school but hadn't seen in about fifteen years. We are looking for beta users for one of the startups we're accelerating and I was excited to get market feedback from him. He's been living this particular market for more than thirteen years.

When I met with him, he was as gracious as he's always…


Added by Damir Perge on February 14, 2013 at 5:00pm — No Comments

Espressopreneur: Make It Go Faster

"When you have something that works, it makes you go faster."— Bert Jukes, founder, Little Big Shot 

I was in a meeting with the founders of Little Big Shot, a healthful energy drink that is creating a major innovation disruption in the beverage marketplace.

While intensively listening to the passionate founders, Bert Jukes and his son Alan discuss how the company was…


Added by Damir Perge on February 13, 2013 at 9:30pm — No Comments

Espressoprenuer: The Seed of Disruptive Ideas, Products and Startups

I was talking with the founders of a startup we are funding under stealth mode. One of the founders triggered in my mind a completely random thought that turned the entire business model upside down. That’s the power of randomness. When you are able to connect random, non-connected thoughts and ideas into something new, you are able to create entirely new disruptive ideas, products and startups.

One thing you see in Silicon Valley, or any startup valley, is the logical connection and…


Added by Damir Perge on February 12, 2013 at 5:00pm — No Comments

Inspired by Nature—The Art of Biomimicry Applied to Startups

Mother Nature has always inspired me. She can be revolutionary, innovative, disruptive and quite profitable for your business. Anyone can be inspired by nature — even teenagers. There has been an incredible amount of positive and negative publicity surrounding a teenager named Aidan Dwyer. He was inspired by the secrets provided by Mother Nature when he was 11 years old — and he may have just started a solar energy revolution.

The answer was simple from the perspective of his young…


Added by Damir Perge on February 12, 2013 at 1:00pm — No Comments

Espressopreneur: The Worthless Value of Writing a Business Plan

"My biggest piece of advice is just do it and just don’t worry about the business plans. If it’s a good idea, the money will come. It’s as simple as that.”[1] — Ben Clymer, founder, Hodinkee

Ben is a perfect example of doing, or in this case not doing, what I discuss in Entrepreneur Myths: The Startup Reality. Instead of spending…


Added by Damir Perge on February 11, 2013 at 10:00am — No Comments

Startup Entrepreneur Intuition: Twilight and Tesla

It doesn’t matter how experienced you are as a startup entrepreneur or venture capitalist, you can still get a case of “startup blurry vision.” For one of the startups we are launching, to put it bluntly, I was the one with the case of blurry vision. We were trying to do too much in the sector in terms of addressing the needs of the customer.

I often use the famous quote by Sam Walton, “Capital isn’t scarce. Vision is.” It now has more meaning for me in my entrepreneur and investor…


Added by Damir Perge on February 10, 2013 at 11:30am — No Comments

Espressopreneur: The Advantages of Understanding Your Bell-Shaped Curve

“The truth, however, is that virtually all well-established strategy models work well in some situations and cause failure in others, so the real skill is less knowing the strategy than in sorting out the situations to which it actually applies.” — Geoffrey A. Moore, Inside…


Added by Damir Perge on February 8, 2013 at 5:00am — No Comments

Know the True Value of Your Entrepreneur Time

I was at a house of a very successful entrepreneur. He made it big for two simple reasons: he’s smart guy and he’s persistent. We were waiting for another person to come for the meeting, when I saw him start washing dirty dishes in his large kitchen. 

He looked at me, and said, “I can’t believe I’m washing dishes instead of doing some real work.”

I interrupted him, “I vacuum the house myself, but it’s not because I can’t hire someone else to do it. I do it because it is a good…


Added by Damir Perge on February 7, 2013 at 9:00am — No Comments

Espressopreneur: The Art of Overcoming Disbelief

“Applied faith is the dynamo of science of personal achievement, the source of the energy to put your thoughts into actions.” — Napoleon Hill, Napoleon Hill's Keys to Success

When you’re launching your startup, new product or growing your business, you have…


Added by Damir Perge on February 7, 2013 at 5:00am — 1 Comment

Business on the Web

Not so long ago, we obtained the majority of our business and industry news from a small group of major print publications: Forbes, The Wall Street Journal, Fortune and The Economist, to name a few. Now, the business world is flooded with content from hundreds of sources that we consume in countless ways. In fact, we often feel like there are too many choices. With so many options, how do you determine which outlet has the news most relevant to you?

For 2013, we would like to help you…


Added by Joshua John on February 6, 2013 at 2:33pm — No Comments

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