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Entries Tagged as 'Start-up Success'

“We have lost our beautiful home, our new cars, and in some respect, our dignity, but … “ an inspirational story of two Michigan mom entrepreneurs

August 17th, 2009 · Comments

Today I have a special treat for everyone. Jessica Clark is the co-founder of Suds Homemade Soap. I first learned about Suds when Jessica visited this blog and commented on Go Scooter Girls! – An inspiring entrepreneurial story of starting of starting a business during the current financial crisis. Jessica wrote: “We are two moms [...]

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Tags: Build a Company · Start-up Success

IPO shouldn’t be the goal for a start-up

June 10th, 2009 · Comments

A friend of mine started a company a few years ago. He quickly built up the company. Whenever I asked him how his company was doing, he always told me that their goal was to go public on the NASDAQ in a few years. They had good revenue growth. They had impressive venture capital funding. [...]

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Tags: Start-up Success

It’s a lie: the owner went to Hawaii

June 2nd, 2009 · Comments

My family enjoys going to a Chinese restaurant near where we live. For the past three years, we go there once or twice a month. One day a few months ago, we went there again. The first thing we noticed when we walked into the restaurant was that all of the waiters and waitress were [...]

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Tags: Build a Company · Start-up Success

New Balance store associate recommends me to buy shoes at Zappos.com

June 1st, 2009 · Comments

Tony Shieh, CEO of Zappos.com, will be delighted to hear this story. I was looking to buy a pair of New Balance running shoes last weekend. We went to the New Balance store in the local mall. The sales associate in the store was very patient and helpful. I finally decided on a particular model. [...]

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Tags: Build a Company · Product Management · Start-up Success

Too many managers, too few leaders

May 1st, 2009 · Comments

Rose is the VP of Account Management at an Internet start-up. She has a team of ten people reporting to her. When she runs into product managers, developers, and operational folks in the company, she always asks: "what have you done today for help my team?". When someone asked why one of her accounts is [...]

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Tags: Leadership · Management · Product Management · Start-up Success

Can you double your take-home pay in 12 months?

April 17th, 2009 · Comments

We’re having the most severe economic downturn since World War II. Everyone is trying to hold onto their jobs. Many companies have suspended merit-based pay raises and bonuses. If you want to increase your take-home pay, you will have to do it on your own. Let me challenge you: assume you’ll hold onto your current [...]

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Tags: Beat Recession · Learning and Growing · Start-up Success

Should a start-up enters emerging markets?

April 8th, 2009 · Comments

A friend works for a start-up company. They’re on track to generate $30 million revenue this year, which will allow the company break even. Eighty percent of the revenue are from the US, while the other twenty percent are from western Europe. They still have about $10 million of cash that they received as part [...]

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Tags: Build a Company · Innovation · Start-up Success

Know enough technically to be dangerous

April 7th, 2009 · Comments

I studied computer science for four years in college. I worked as software developer for several years. But, nowadays, when someone asks me if I’m technical. My answer is "no" — I have been working in product management for eight years. I work with developers everyday. I still play with various technologies at my spare [...]

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Tags: Management · Product Management · Start-up Success

Only one waiter takes orders at a very popular restaurant

April 6th, 2009 · Comments

There is a very popular restaurant near where I live. It’s always packed, and requires 30 minutes or longer waiting time. I have been to the restaurant for a few times. I was there again last night. I noticed something interesting: the same waiter takes my order every time. He is very personable, always smiling, [...]

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Tags: Management · Start-up Success

Would you trust executives who provided inaccurate information about their education?

March 26th, 2009 · Comments

Concur is a publicly traded software company that provides travel and expense management solution to corporations. It was co-founded by two brothers: Steve Singh and Rajeev Singh . Steve Singh is Chairman of the Board and Chief Executive Officer. Rajeev Singh is President and Chief Operating Officer. Last Friday, Steve Singh admitted that he didn’t [...]

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Tags: Corporate Ladder · Management · Start-up Success