Don't make the mistake of making the product or service meet an exit plan goal instead focusing on making the product or service a strong competitor in the market.
I just started playing League of Legends, a game I wanted to play for awhile and I enjoy watching others play. I avoided it because the community is known to be very toxic and I do not have the patience…
Off and on today I’ve been looking at the comments on this video. Even though he says he does not take requests and explained why, there are a lot people either trying to sneak and make a request or…
If you are going to grow a community, get to know and understand your target audience and understand the key of using complimentary topics.
I had a conversation the other day on Twitter about it being okay to make mistakes. I honestly do not understand the logic in thinking it is okay to screw up.
Do people who make more pay more for goods and services? Of course they do. In some situations, this works and is the only way for companies to sustain themselves. Online companies usually do not have this excuse. Rarely do online companies have overhead that need to be increased based on income and rarely does the company owner have the knowledge of how much the consumer makes to accurately determine if their audience receives higher incomes. Scaling prices based on income can backfire if not handled properly.
Social networking tools are being used more and more every day. Unfortunately, what people do not realize is that by using these tools, they are creating a personal brand. A personal brand is simply what people think of you when your name is mentioned. For those that do not realize they are creating a personal brand or worse, think that it does not matter, they are similar to the people who got themselves in debt when credit ratings first came out. The penalties of not listening I suppose. Anyway, let's talk about it what is really going on with social media.
Why do most start-ups fail? Same reason why many commercial bloggers do not have the success they would like. Unrealistic expectations. Everyone isn't meant to have their own business just as everyone isn't meant to be a doctor, lawyer, police officer, etc. A startling number of people enter into the commercial arena with zero business experience, and without the inclination to take some classes (gain some knowledge) to help them excel.
Do companies need business plans? Rigid ones? No. Flexible ones? Yes. Plans are a good thing. Having an idea on how you are going to accomplish your goals = awesome.
Knowing when to delegate responsibilities is important. I use myself as an example in blogging on knowing when to do something yourself and when to delegate.