Articles for March, 2006
Returning Money to Investors: How to Calculate their actual return
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Thursday, March 30th, 2006
This article explains how to calculate the rate of return you’re giving investors. After all, they want to see a 900% return in six months, and to do a credible job of proving you’ll do it, you have to know the math…
The Power Focus Time: A terrifying way to make sure you’ll actually get stuff done this week.
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Thursday, March 30th, 2006
Want to get more done in your life? Use focus time. Use intense focus time. Here’s how…
Get a Life While You Still Have the Chance (it’s easier than you think)
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Thursday, March 30th, 2006
How do you achieve work/life balance? Firm boundaries can help! Here’s how to make it happen.
EBITDA: The Phantom Measurement. (What’s EBITDA all about, anyway?)
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Tuesday, March 28th, 2006
EBITDA is an oft-touted financial measurement that’s flat out meaningless. I side with Warren Buffett in considering it an abberation of good accounting. Here’s why it makes no sense…
Making Space for Success: Controlling Clutter
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Tuesday, March 28th, 2006
Too much clutter, even if you deal with it, obscures what’s really important. Take control of your results by taking control of your clutter.
Division of Equity: How equity gets divided initially and at harvest
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Monday, March 27th, 2006
How much stock should each person get? When should they get it? Why should they get it? Here are some answers, some questions, and some thoughts on equity distribution in startups.
Fund Raising Destroys Value! Do it wisely and carefully.
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Monday, March 27th, 2006
Executives, CEOs, and entrepreneurs talk about fund raising as if it were somehow a good thing. It’s not. Fund raising inherently destroys value, and should only be done in dire circumstances.
Thoughts of a Business Plan Judge: Who Gets $30,000?
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Sunday, March 26th, 2006
A few reflection on my experience as a judge of both the Harvard Business School and Brown University business plan competitions.
Operating at Your Peak; Sleep and Good Food are Underrated
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Sunday, March 26th, 2006
Sometimes working long hours isn’t even productive in the short term. Before pushing yourself hard, know what that does to your results and thinking ability. It may be best to go out and party instead.
Anatomy of a Business Model: What is one of those things, anyway?
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Sunday, March 26th, 2006
Every business needs a business model. Yet two businesses that do exactly the same thing may have very different business models, leading one to succeed, and the other to fail. What is a business model, and how do they work?
Stever’s flame on why ASPs, Web 2.0, and everything new is really just old again
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Sunday, March 26th, 2006
Stever sounds off: Think ASPs are new? Web 2.0? *Yawn* Give me a break. We keep changing the technology, but it’s basically the same old stuff we’ve had for the last 40 years.
Don’t Judge a Business by its Distribution
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Sunday, March 26th, 2006
Talking about businesses like “B2B” or “B2C” is silly. It confuses an industry (like “steel”) with a distribution channel. There’s no reason that B2B businesses should have any similarities, other than the selling process, whatsoever.
Organize Your Life With 2 “To Do” Lists
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Sunday, March 26th, 2006
One way to keep on top of your TO DO lists is to use two of them…
Lessons from Wentworth by the Sea: The power of dreams, community, customer service, and customer retention
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Monday, March 20th, 2006
Wentworth by the Sea hotel reopened a couple of years ago. Through a combination of history, customer service, and community integration, they produced a Quite Fabulous Experience for customers and employees alike.
Linking Leadership and Management with Powerful Strategic Planning
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Monday, March 20th, 2006
What’s more important: leadership or management? Both, it turns out. Management is the tool through which leadership turns into reality. And strategic planning is the process that links leadership and management.
Take Responsibility as a Leader Before It Takes You!
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Monday, March 20th, 2006
Taking responsibility is an oft-overlooked aspect of leadership. Here’s how to start taking responsibility for yourself and your organization.
Root Your Leadership in a Strong Vision
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Monday, March 20th, 2006
Leadership requires vision, plain and simple. You can’t align people in an organization unless you give them a compelling future to move towards.
How to Appreciate Your People: Creating a Culture in Which Recognition is Ongoing
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Monday, March 20th, 2006
Having their accomplishments recognized makes a huge different for people. Here are some suggsetions as to what and how you might show appreciation.
Balance Rights with Responsibilities
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Monday, March 20th, 2006
It’s not enough to enjoy the rights of leadership; to be truly effective, you must embrance the responsiblities as well.
Don’t Make the Same Old Mistakes—Make New Ones
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Wednesday, March 15th, 2006
Rigorously learning from your mistakes is one of the best ways to insure success.
Five Great Ways to Tank Customer Loyalty Before It’s Begun
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Wednesday, March 15th, 2006
The best way to keep loyal customers is not to lose them to begin with! Yet some companies are destined to lose their customers just by virtue of how they price and market their services. This article explores five common mistakes that tank customer loyalty.
Tragedy Helps us Lead
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Friday, March 10th, 2006
How tragedy can help us be more powerful leaders.
Management Skill vs. Leadership Skill
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Friday, March 10th, 2006
Which do you need more: leadership skills or management skills? Both are necessary for a healthy company. Here’s how they’re different, and what you need for both.
Step up to Leadership in Times of War
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Thursday, March 9th, 2006
When there’s a way going on, you need to step up to leading those around you by providing a stable, but realistic sense of direction.
How Junior Programmers May be Setting Your Strategy
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Tuesday, March 7th, 2006
Your junior programmers may be setting your strategy through their technical decisions. Learn how technical decisions can determine your strategy, with examples drawn from web site design and its impact on customer behavior.
Don’t let bad IT decisions hold your company hostage
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Tuesday, March 7th, 2006
Non-technies rarely understand the extent to which IT decisions can have profound business implications. Technical folks rarely link technology decisions with the business and strategic considerations. Here are a few hard-learned lessons from a business strategist who “gets” technology.
A Rant About CEOs Who Don’t Know
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Saturday, March 4th, 2006
Some CEOs don’t get it. They really don’t get it. Which ones? Well, this article names some of the names that really tweak me.
A Tribute to Ignorance: Your Greatest Leadership Tool
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Saturday, March 4th, 2006
Saying “I don’t know” just may be the most powerful thing you can do in business.
Creating Your Identity as a Leader
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Saturday, March 4th, 2006
It isn’t enough to have the title that means “boss.” In fact, the title may even be a hindrance. When you have the identity of a leader, you can align people and build a strong organization.
Motivating employees: Bring Out the Best in Everyone Around You
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Saturday, March 4th, 2006
This article shares a powerful technique for bringing out people’s best: use your expectations to cause them to rise to the occasion. One caveat: your expectations must be real!
Vision, Strategy, and Tactics: The Three Tools of Leadership
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Thursday, March 2nd, 2006
Words like “Vision,” “Strategy,” and “Tactics” are everywhere in corporations. But what are they? How do you know if you’re talking about a vision or a tactic? And how do you know a vision will be effective, versus just words on a wall? This article tells you what they are and how you know you’ve got them right.
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