Every entrepreneur faces the common challenge of writing a business plan at some point as they develop their fledgling venture. But while there are vast resources available to help tackle the task, most books, websites, and templates take a generic approach in helping entrepreneurs transcribe their visions onto paper. The truth is, however, that writing a generic business plan won't do you much good.
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Feed SubscriptionThe Danger of Experience
In my last blog post , I made the case for hiring candidates with experience for positions that require problem-solving, people management and leadership skills. And after reading a few thoughtful comments that challenged my argument, I stand by my thoughts. Truth is, those are tough lessons to learn even with experience
Read More »10 Greatest Salespeople of All Time
The founder and CEO of the National Cash Register Co. was known to be a stern control freak.
Read More »Nintendo 3DS: Controlling Innovation
With the launch of the Nintendo 3DS this Sunday, the company continues its history of revolutionizing how games play, and how we play with them. While I have issues with Nintendo 3DS as a gadget , there is no denying that it is a remarkable gaming machine. With the 3-D capabilities come interesting media opportunities--it allows you to take 3-D photos, a 3-D version of OK Go's "White Knuckles" music video comes with the handheld, and Netflix will stream in 3-D this summer
Read More »The Value of Hiring Experience
We are in the age of the inexperienced entrepreneur making a fortune and leading the pack. At least that’s what I see in everything from The Social Network to a recent Inc. article about a 20-something New Yorker moving to Dehli because his company’s Website is all the rage in India
Read More »China’s Health Care Reform Could Save Consumers $1.5 Billion
China announced wide-sweeping health care reforms this week , focusing on building more hospitals, reducing the price of common drugs, banning smoking from public spaces, and increasing state insurance subsidies. China--despite heavy reliance on government funding for social programs--has developed a curiously excessive reliance on the sales of drugs to fund hospitals, a feature of its health care system that doesn't quite sit right with the nation's overarching philosophy--or with its citizens. "I think that no matter what kind of hospital, you should rely on medical technology and improved services to gain income," said Sun Zhigang , the National Development and Reform Commission's deputy director.
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