Awful idea = -1
Weak idea = 1
So-so idea = 5
Good idea = 10
Great idea = 15
Brilliant idea = 20
No execution = $1
Weak execution = $1000
So-so execution = $10,000
Good execution = $100,000
Great execution = $1,000,000
Brilliant execution = $10,000,000
To make a business, you need to multiply the two.
—Derek Sivers, president and programmer, CD Baby and HostBaby
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Categories: Business, Getting Things Done
Tagged: Business
Traditional. VC-backed and a mix of seasoned executives. Everyone agrees that revenue or profit can come months, sometimes years after launch.
MicroISV. You (or with another developer) bootstrap your business while consulting or working for another company. You wear many hats and put in 60-hour weeks.
Side Project. You work on a small but persistent pain. You [...]
Categories: Business
You are paid what you are really worth
You know it. You are worth $95/hour but based on your employer’s sacred chart and formula, you should receive only $15/hour and there’s nothing you can do about it. If you are the employer, you set your rate and that should make you happy.
You call the shots. All [...]
Categories: Business
Tagged: Business
…from the Canadian Innovation Exchange:
Aeryon Labs Inc.
Builds military-like devices for imaging
CognoVision Solutions Inc.
Analytics for digital signage using face detection and tracking
Darwin Dimensions
Build your own 3D avatar
Dayforce
Employee performance management
D-Wave Systems Inc.
Uses quantum computing to solve complex search and optimization problems
EnStream LP
Builds mobile payment solutions
GaN Systems Inc.
Focuses on green technology
GlassBOX Television Inc.
Social network and content creation tools.
IGLOO [...]
Categories: Business
Tagged: Business, innovation
This one is from Neil Patel’s blog:
Harsh Reality #1: Starting a business is like a roller coaster
(If you like the adrenaline rush, good!)
Harsh Reality #2: Owning a business isn’t easier than working at a 9 to 5 job
(I agree, it’s more like 24/7)
Harsh Reality #3: Consumers have to believe you are solving a problem
(It doesn’t [...]
Categories: Business
Tagged: Business