Happy birthday, Adam Smith – @ASI

June 16th is Adam Smith’s birthday. His namesake organisation, the Adam Smith Institute summarises his influence: “Smith’s ideas were highly influential. The great free-trade era they ushered in, and the enormous rise in wealth it created—particularly for the poor—did indeed amaze the world.” A great overview and a reminder for those tempted by populist, drawbridge […]

I want t-shirts …

New Journey Marketing explains why that may not be such a good idea, here. I joined Microsoft in the time of t-shirts, the period of polo-shirts. It was the very summer of personalised fleeces. I suspect that the very fine folks at Fat Face made a fortune from us. Somewhere, I still have a couple of […]

Five Forces in two minutes

Here’s a great overview of an important framework: Michael Porter’s Five Forces explained in a two minute video from HBR, via Kurt Harden’s Cultural Offering.  

Innovation is permitted

Here’s an interesting observation on how a fundamental aspect of the business environment might impact innovation. Dr. Eamonn Butler on the Adam Smith Institute blog comments on Daniel Hannan’s new book How We Invented Freedom And Why It Matters, quoting: “The response is always the same: ‘But the old system was unregulated!’ The idea that […]

Do you really need big data? – Squawkpoint.com

From Squawkpoint, via Nicholas Bate. To paraphrase Squawkpoint’s James Lawther, it’s not the size of your data but what you do with it that counts! I couldn’t agree more.  

ITBMS (It’s the Business Model, Stupid)

Another perspective on one of the 3Ms that cause start-ups to fail: Market, Management and – in this case – Model.

ITBMS (It's the Business Model, Stupid)

Another perspective on one of the 3Ms that cause start-ups to fail: Market, Management and – in this case – Model.

REALLY undertanding customers – Seth Godin

A great point from Seth Godin.  Demographics are interesting but really only a shallow stereotype: “No, what we need to know is: What do they believe? Who do they trust? …” The rest, here.

3 Metrics and Models that VCs love

Inc.com unravels the mind of the Venture Capitalist with this guide to some key metrics that matter for early stage businesses. Clue:  it’s not Net Profit.

3 Ms of Start-Up Failure

I’ve been reviewing various pieces on the most common reasons for failure in start-ups.  There seem to be three core reasons why start-ups – and many other businesses – run out of cash: Market Model Management Market – Many businesses fail by not having a product that squarely addresses the needs of a sufficiently large […]

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