Business Owner’s Blog

Lots of things. Mostly they put too much emphasis on the outcome and not enough on the process. I’m not a big fan. Yes, I know you need them if you’re going to ask for money. And yes planning is a good idea. But planning is a verb not a noun. You should engage […]

In most industries probably not. But music is different (like art and a few others where commitment and commerce are closely linked). SELLABAND has developed an interesting business model to exploit this combination of passion and partnership. Details HERE.
The idea is “believers” aka investors invest $10 in a share of a new band. When the […]

This from Jessica Hagy who does all kinds of funny, insightful stuff on index cards.
But the bigger point is, many people think (no, it’s beneath thinking, they just KNOW) that to run (never mind start) a company you have to work a gazillion hours, and it has to take over your life. I don’t believe […]

1. Does it fit into the big picture?
This is the 80/20 rule. Should eliminate 80% of stuff. Of course you have to know what the big picture is. I think many people are afraid to eliminate stuff because it MIGHT turn into something useful.
2. […]