Establishing Your Company: Decisions that Create the Foundation

People who know of “The Lean Start-Up” (http://theleanstartup.com/#principles) are familiar with the Minimum Viable Product (MVP).  The pitch goes something like this: ‘Get it into the market and then improve it based on everything you learn from customers.’  Sort of a “Ready, Fire, Aim” approach. This may work in product/service … More

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Can Your Suppliers Help Your Cash Flow? Yes! Will They? Maybe! – Part One

Many entrepreneurs start their businesses with an idea and a spirit of adventure that should be admired and cared for. Yet for many, the process of acquiring cash for future growth is a daunting exercise, and frequently they turn to either a bank or an independent investor for help. Both … More

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Are you a Multiplier or a Diminisher?

Are you a Multiplier for your people or do you serve as a Diminisher?  Liz Wiseman, chief architect of Oracle University, shared very practical ways to double the productivity of your workforce in her book, Multipliers: How the Best Leaders Make Everyone Smarter.  When asked, most employees report that they … More

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Success Factors in Life, Business & Transitions

I have personally journeyed through several transitions over the past 62 years, and am currently thinking about the next one. I wonder: what will the next 15 years look like?  Similar to most aging Boomers, I recognize that “retirement” isn’t defined the same way as it was for our parent’s … More

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“R-E-S-P-E-C-T”

RESPECT.  Such a simple word.  So underrated.  Aretha Louise Franklin’s timeless rendition (of an Otis Redding song) brings the word to life. The traditional definition is: “a feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.”  Also… “Esteem, approbation, approval, appreciation, wonder, awe, veneration, … More

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“Watch the Money (and Brains) Run!”

Is Minnesota operating at a disadvantage in trying to sustain our financial and intellectual capital? Disadvantaged by our tax and residency policies?  So much so that it causes an exodus of wealth and people from the state? In my opinion, the most comprehensive analysis of this issue has been completed … More

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