A topic my friend Leo and I often talk about is how online businesses compare to bricks and mortar ones. Here is some insight he had about how you can start to compare the two: In hard times people get a little bit more creative about making money. As there is less money to go around one wants to insure that what one has can go a long way. One might be tempted to visit markets and a sell some products or…
Guy Kawasaki, a popular entrepreneur, venture capitalist, and blogger used to contribute, till recently, to a blog for Sun Microsystems. In his final post he outlines five important lessons he learnt along the way. Here are his recommendations: Focus on cashflow: Profit is important, but if you cannot keep your business afloat, then it really doesn’t matter. Make a little progress every day: It’s extremely rare that something comes along and blows everything away. Practically all successful businesses were built…
Speculation is rife as to why Microsoft has decided to purchase GreenField Online, on online research company. The answer seems to be it that it was really after Ciao, a leading European shopping comparison website that has a large community of follower who shop and leave reviews on the site. This is due to the fact that Microsoft is really planning on selling off the Online Survey division (which incidentally contributes pretty much most of the revenue Greenfield makes) while…
An interesting post on Whooah.biz recounts the story of Glenmorangie, a Whiskey maker in Scotland who managed to seize the day and make turn an unfortunate situation around. Here’s the story: Scotland Glenmorangie distilleries found that they had accidentally mixed the wrong sort of whisky. Faced with a dilemma they come up with a clever campaign; they used a direct mail marketing to ask for an official pardon and sold the whisky as a collectors item. The campaign generated a…
It was with interest that I read a post by Seth Godin about his Policies, Biases and Conflicts. To tell you the truth, I wasn’t really concerned about whether he had any commercial bais in his posts. I consider myself intelligent enough to distinguish between an empty recommendation and real praise for a product or service. However it was interesting to watch someone who in my opinion really manages to keep his blog purely about ideas and concept trying to…
I finally received the news that I’ve sucessfully completed all the requirements for my MBA. It’s been a great ride and I thank all the professors at Heriot-Watt for everything I’ve learnt. In retrospect I could have done better in some subjects, but considering I held a full-time job, kept busy in my free time, and had a son in the meantime, I’m pretty please with what I’m achieved. I also now have justification for owning and running this blog…