Sunday, April 17, 2016
Wednesday, April 13, 2016
Very Short Interview, Part 2
The first time through I intended to speak with two entrepreneurs. I swung for the fences and got a hold of Dan Price of Gravity Payments. Dan promised to answer the questions via email but never came through even after I did all I could to make it as easy and simple for him. In the end, what bothered me the most was that he committed but did not deliver. As someone aiming to craft a socially responsible financial eco-system with SORIN, I relearned the age old lesson about how "your word is your bond" but not from Dan.
Sunday, April 10, 2016
Week 13 Reading Reflection
Questions
1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?
I found the due-diligence and analyzing the business checklists very useful because they approach the acquisition process from two different and necessary perspectives. Where the analyzing of business checklist focused more practically on the business, how it is structured, and how it functions, the due-diligence checklist was focused on the big picture, the value, and the inherent risks of the business.
Tuesday, April 5, 2016
Celebrating Failure
The title of Chapter 13 of Stephan Schiffman's book, Telesales, is "Count the 'No' Answers." Sales is all about overcoming the "NO" but Stephan Schiffman takes it to another level by declaring that a "NO" should be celebrated; it should be counted because every "NO" brings us closer to the inevitable "YES."
My Exit Strategy
The SORIN (SOcially Responsible INitiative) concept that I have been developing throughout this blog is a movement comprised of a central non-profit organization partnered up with for-profit businesses. The way I conceptualize what needs to be done today and how I envision a potential exit is consistent with the inherent movement nature of the SORIN.
Sunday, April 3, 2016
What's Next
Throughout this blog, I have been outlining the concept of SORIN, the SOcially Responsible INitiative. Take a look at venture concept post for an overview of the initiative.
Existing Market
I believe the next thing I would like to spend more time on is exploring the concept of the SORIN app that I discussed in the Amazon Whisperer post. This is an idea that I have not fully developed to date.
Interviews
Week 12 Reading Reflection
Questions
1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?
The fatal visions listed under “Fatal Visions in Strategic Planning” were eye opening in that I never thought about them as such. I can imagine that entrepreneurs, so focused on making their businesses work, most probably do not realize that they are falling into a fatal vision trap.
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