No Nonsense Commentary and Advice for Entrepreneurs

Don’t Put Your Integrity on the Line

By on October 24, 2014 in Business Smarts
Don’t Put Your Integrity on the Line

This past week I had my students wrestle with ethical dilemmas faced by entrepreneurs to see how they would respond. I’d love to say that their responses gave me hope for the future, but, unfortunately, that wasn’t always the case. Let me share with you one of the dilemmas they dealt with. Your company is […]

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Shopify Build a Business Entrepreneur Island Competition

By on October 21, 2014 in Growing a Business
Shopify Build a Business Entrepreneur Island Competition

When it comes to business contests, I don’t think they get much better than Shopify’s recently announced Build a Business Entrepreneur Island competition. Five lucky winners of this contest will be flown to Richard Branson’s private retreat on Necker Island via private jet to spend some quality time (five days, four nights) all expenses paid […]

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Small Business Saturday — Coming Soon to a City Near You

By on October 16, 2014 in Growing a Business
Small Business Saturday — Coming Soon to a City Near You

Whether or not you think that Small Business Saturday really makes a difference to the bottom line of any companies besides its originator American Express, you’ve got to admit that the idea has legs. AMEX has promoted the heck out of this event, and it continues to grow in scope and influence. According to American […]

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To Differentiate Your Business, Try Being a Contrarian

By on October 12, 2014 in Starting a Business
To Differentiate Your Business, Try Being a Contrarian

I love the optimism of the millennial generation. They’re absolutely certain that they can compete successfully in any marketplace, no matter how crowded, and they have every reason to believe this. The Internet has made starting a business easy, entrepreneurs have become celebrities, and everyone is providing resources to help them succeed. But they’re forgetting […]

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Dr. J. Robert Beyster and an $11 Billion Entrepreneurial Success Story

By on October 4, 2014 in Business Smarts
Dr. J. Robert Beyster and an $11 Billion Entrepreneurial Success Story

In 1969, Dr. J. Robert Beyster–affectionately known as Dr. B by his employees–founded a technology business by the name of Science Applications International Corporation (SAIC). By the time he retired from the company in 2004, he and his team of scientists, researchers, and administrative staff had built up the business to more than $6 billion in […]

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7 Mistakes Bosses Make Much Too Frequently

By on September 30, 2014 in Business Smarts
7 Mistakes Bosses Make Much Too Frequently

No matter how good your intentions and no matter how much breadth of experience you possess as an entrepreneur, company owner, executive, or manager, if you’re the boss, then you’re going to make mistakes. It’s a normal part of life—both on and off the job. There are two basic kinds of mistakes. However, there are […]

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