Tag Archives: Wikipedia

The paradox of a new idea

  Recently I drove by a closed restaurant.  It had been a steakhouse most recently. I thought about how tough it would be to compete against the other steak houses in the area and wondered if that was why it … Continue reading

Share
Posted in Financial Models | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

So, whos ready to step up to the next level?

Growing a business quickly requires that you can bring new employees into your business and bring them up to speed in their tasks. Too often, bringing a new person on requires one of your best employees to take precious time … Continue reading

Share
Posted in Financial Models | Tagged , , , , , , , , , , , , , , , | Leave a comment

The staircase approach to building a business

Stand at the base of a set of stairs, 10 to 15 steps will do.  Now get ready and leap to the top!  That is what many entrepreneurs attempt to do when starting a business. Unfortunately most do not have … Continue reading

Share
Posted in Financial Models | Tagged , , , , , , , , , , , , , | Leave a comment

“Let’s deal with it later…” No, let’s not.

A guy comes up with a business idea. It is a pretty good idea.  He starts working on it.  The idea takes hold. Others start encouraging him. Customers begin to say a tentative “yes” to his offer. The guy gets … Continue reading

Share
Posted in Financial Models | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

The first 10 customers

It is inevitable that a new client will present his or her marketing plan, stating the market size and the percentage of the market they are going to gain.  The math may be good but the business plan is not.  … Continue reading

Share
Posted in Financial Models | Tagged , , , , , , , , , , , , | Leave a comment

Don’t act on your assumptions

  It had to be right, right? When we purchased our house in 2006, it was brand new. We had flown in from Seattle in April and bought the house from the builder then flew back to Seattle to finish … Continue reading

Share
Posted in Financial Models | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment