In 2000, two psychologists based out of California released a study article regarding choice. Their study set up a display of jam offerings. On one instance, they would offer 24 jam varieties and on another only 6. On the day that 24 jam varieties were offered, 60% of people stopped by to sample the jams. […]
Lean is Business Development. Most people are familiar with Lean because of Toyota Manufacturing; this concept of eliminating waste, increasing efficiency and improving profits was revolutionary in the business world. Move forward in time and Eric Ries made popular the principles of Lean by applying them to starting a business. This idea around the high failure […]
“Women shouldn’t be afraid to put themselves forward.” – Sarah Wood, Cofounder and COO of Unruly Media. What is it about being a woman that changes your investability within the Startup, Venture Capital, and Angel investor communities? According to Mashable.com in their blog article, “The 10 Things You Didn’t Know about Women Owned Businesses,” “Despite […]
Every now and then, as I watch my online “news feeds” go by, I notice this trend of recycling “Entrepreneurship is hard” theme go by. Titles range from “the 10 worst things about owning your own business” to “How to Weather the Storms of a Startup.” We’ve read the statistics. We manage the late nights. […]
“Strive not to be a success, but rather to be of value.” – Einstein. Corporate America, Big Business Models and the like, would have us to believe that success is the most important element. The bottom line, the customer acquisitions, the features and functions of our products… those must all be amazing. There can be […]
LEAN has become a fancy buzz word among health care, manufacturing (thanks, Toyota!), Startups, Construction, Supply Chain Management, and even in technology. In technology, the close relative you may be familiar with is SCRUM or Agile development. TechTarget has a great definition for LEAN: “Lean management is an approach to running an organization that supports the concept […]