September 2, 2010
A key component of the Art of Business is recognizing and evaluating big ideas as good opportunities. Notice that big idea ≠ good opportunity. There are many factors influencing the big idea-good opportunity diagnosis, including market readiness, growth potential, gross margins and many others. Ideas interact with real-world conditions and entrepreneurial creativity to determine opportunity [...]
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August 12, 2010
As I’ve mentioned before, I believe that a well-thought-out written contract is a crucial component to building a successful professional service business. The contract serves a number of important purposes, the primary being the clear establishment of everyone’s expectations. A common mistake made by new professional service providers is to jump into a project without [...]
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