Two of my favorites: Fail. Forward. Fast. (“Reward Excellent Failures, PunishMediocre Successes.”) —Tom Peters “Fail often to succeed sooner.” — IDEO company slogan While I couldn’t find this slogan on their current page, I did enjoy IDEO’s About Us page for more this same point of view. Failure is a necessary part of success. We…
By Ed Morrison, EDPro For the past nine months or so, EDPros in Indiana, led by Purdue’s Center for Regional Development, have been working on a rural economic development strategy. Called “The Spirit and Quality of Place: A 2020 Vision for the Indiana Countryside”, the report represents the best thinking of over 150 people involved…
Does your small biz assign job titles to people? Do you get any benefit from it? Rand at SEOmoz asked that question: I made the executive decision today that having titles like CEO, CTO, Project Manager, etc. really doesn’t serve us well. It inaccurately describe the jobs that we do and creates executive level distinctions…
BusinessWeek Online is talking about borrowing from family for your business. Despite their cautionary title (“Think Twice”), they offer a smart suggestion to handle the borrowing in a structured way. For some additional suggestions, click through our previous post on Raising Money From Family and Friends. small biz rural entrepreneurship borrowing family business financing
This is an exceprt of a post by Marco Terry, Invoice Factoring Blog. He writes mostly about invoice factoring, but these points apply to any kind of business loans or financing. Here are the three big “Don’t Do’s” of business financing. 1. Don’t be clueless about your own businessThe biggest deal killer I see in…
You probably noticed our new little map, below our lovely photos in the sidebar. It automatically records visitors, and you can see that if you are from outside of Oklahoma, you are not alone in reading Small Biz Survival. When I started, I really thought I was writing just for friends I already knew; small…
Here’s another story link from Ed Morrison, EDPro. Innovation and Entrepreneurship in Rural America Putting the words innovation and entrepreneurship in the same sentence as rural America may be to some an unlikely combination. Surely innovation is something associated with glossy high technology campuses in metropolitan suburbs, rather than sleepy small towns and remote counties?…
Flexible companies change to stay put profiles American manufacturers, mostly in small towns, competing globally. Lessons learned are applicable for small town manufacturers world wide. The primary profile is of Zippo lighters. Thanks to Ed Morrison for the link in his weekly email. Go subscribe yourself at his EDPRo Weblog. small biz rural entrepreneurship manufacturing…
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