Category Archives: Growth!
It’s mostly in the execution.
“Everybody’s got a plan – until they are punched in the face,” stated boxer Mike Tyson. My experience personally reviewing over three hundred executive summaries each year, all sent to me unsolicited, seems to bear out the truth in Tyson’s … Continue reading
Include your labor value in your plan.
Investors love it when entrepreneurs draw little or no money from their startups. It extends the cash available for research and other necessary fixed costs and gives the fragile, young company more “runway” to get to breakeven. But when forecasting … Continue reading
Big corporations are just slow to act.
By David Steakley This week, David Steakley returns for another bite at the corporate apple, with just the right amount of tart comments that will keep this document legal for now. Read on! – DB How do you judge a … Continue reading
Growth requires a different kind of capital.
Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large. … Continue reading
Create and nurture your collective intelligence.
At the MIT Center of Collective Intelligence, professors and graduate students are wrestling with an important opportunity – and gaining ground. With new collaborative tools available for use in the cloud, people are no longer isolated in their creative endeavors. … Continue reading
Measuring your power in the Internet marketplace.
There are a number of key performance indicators that help new generation company management see more clearly their progress and corporate health. The old measures, including return on investment, percentage of profit against revenue or employee count, and more, obviously … Continue reading
Turn “broadcast” into “engagement.”
We all know that the world of marketing has turned upside down these past years through the power of the Internet. College professors teaching marketing must be having a real challenge keeping up with the new channels of communication, the … Continue reading
Water flows downhill. Why fight it?
Substitute the word “money” for “water” and we have an explanation for most all of the reasons why successful products move from concept through early adopters through mass market. Money flows to the cheapest effective solution to a problem. Fighting … Continue reading
The power of just ONE more unit.
There is such leverage in high gross profit margins once a company is past breakeven. Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. A ten percent increase in revenues for a … Continue reading
Cast your net where the big fish swim.
This is one of those “My dad used to say” homilies. You’ve probably heard the accompanying “It takes just as much effort to sell a small deal as a big one,” over the years. The truth of this is more … Continue reading