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DreamIt, BuildIt then (Maybe) FundIt

Yesterday I attended the DreamIt Ventures funding day in Philadelphia.  Several things were refreshing about it.  First, there was a wide diversity of teams from kids still in college to a baby boomer.  Second, there was a wide spectrum of businesess from the playful phrazit to the down-to-business Tapinko.  Third, almost all of the companies were looking for small sums of money to get them to the next stage (and in at least one case no immediat...

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+1 1 vote

Canadian Small Business Statistics

Key Small Business Statistics is a semi-annual report from Industry Canada that covers a range of data and information on small business in Canada.  They recently released their July report (07 data) and the highlights are:

Canada_flag_halifax_9_04_51.  There are roughly 2.3 million small (less than 100 employees) and mid-sized (less than 500 employees) businesses in Canada.  This does not include the self-employed. 

2.  Small firms employ about 5 million Canadians, which...

Latest Posts

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Facebook isn’t just for students

Facebook was created for college students. But the majority of people using it aren’t in that age range. They’re much older and definitely not in college anymore. Facebook offers incredible networking opportunities. It’s more than just a place to share photos & information with friends. The first thing to relax about is the idea that your [...]
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Lead Generation through Social Media?

You can almost see the collective hand wringing and hear the teeth gnashing as angst-ridden B2B marketers are being pressed by their organizations for proof on the value of social media. It's clear that B2B organizations, being metrics driven beasts, are looking for more 'beef' beyond the measurement of engagement.

The premise of this blog, Acquiring Minds, is that social media, as with other online media, provide B2B marketers with a stellar opp...
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Friday Folly: September 5, 2008

OK, this one has nothing to do with advertising. It's just ... well, crazy. Does he make it? Does he crash? Probably one for the motorcycle enthusiasts amongst you.
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6 Mini Employee Engagement Rants…1,2,3,4,5,6.

What gets to you about employee engagement? Here are 6 things that are getting to me right now:

Let’s stop calling it employee engagement. It seems when we call it employee engagement that we blame employees for not being engaged, we are blind to the fact that leaders and managers are also employees, and employees feel that engagement is something done to them rather than something that enriches them. I will still use the term but in my mind I am...

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Not All Conversion Is Created Equal

A few days ago, I was talking with a potential client and I asked him about their conversion rates. Thankfully, he was prepared with the metrics, so he answered me quickly. (This is such an ideal scenario for a consultant.) My next question was: what do you consider a conversion? People use the term conversion to  mean many [...]
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Inside Steve’s Brain

“Where some see control freakery, others see a desire to craft a seamless, end-to-end user experience. Instead of perfectionism, there is the pursuit of excellence. And, instead of screaming abuse, there is the passion to make a dent in the universe.”
–Leander Kahney

Yes, the book is repetitive. Yes, it is an extrapolation of compiled sources in an attempt to explain what might be going on inside Jobs’ head and how it has shaped Apple. Regardless,...

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Talents: When Changes Make You Go "Huh?"

It's a win for everyone when you find the kind of organization in which your talents can flourish.

But we live in a working world filled with changes:

1. A CEO may decide it's more profitable to become a manufacturing-focused company than a sales and marketing-driven organization.

2. Mergers and acquisitions create new cultures. New cultures lead to new values and priorities.

3. Customers change their technology, causing your company to change its ...

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LinkedIn Partners with CNBC

LinkedIn.com - a social site for professionals - is partnering with CNBC to integrate news and other content. LinkedIn has over 27 million members but until now has had very little community-buildling or social networking features.

Currently on LinkedIn you can email other professionals, ask them questions, and give or get recommendations from people in your network. Now you’ll also be able to share information with them...

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Best of 2008 (So Far) - Social Media Optimization, Part 1

How can you generate lots of high-quality links in just half an hour per day? Increase e-commerce conversions by a third or more? Use social media to enhance your SEO efforts and build your business?

Get the answers to these questions plus learn more about the largest and the fastest-growing social bookmarking and social networking sites in this installment of some of the best SMO blog posts and articles written so far in 2008.

How 30 minutes a da...
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Interview with Hall Martin from Central Texas Angel Network

Hall Martin was kind enough to spend some time with me this morning discussing the Central Texas Angel Network (CTAN).  The two year-old group is based in Austin and approximately 80% of their dealflow is local, with the remaining 20% primarily coming out of Dallas and other Texas cities.  Hall explained the group meets 18 [...]

Weekly Highest Rated

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+3 3 votes

No excuse to forgo business and marketing plans

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My original and only business plan for my company was based on a Dr. Suess book.  I wish I were kidding.

Owning up to my liberal arts major and rebellious roots, I didn't think I needed a "real" plan.  And, for the most part, I did fine for a decade, securing lots of clients and making a good living.

But honestly, I think that I was just not thinking about business planning the right way.  I imagined reams of paper, onerous spreadsh...

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+2 2 votes

The Business Traits of Successful Artist Entrepreneurs

I recently posted on the American Express Open Forum blog on the trends that are creating new opportunities for entrepreneurial artists.  I used illustrator Claudine Hellmuth as an example of an artist taking advantage of these trends to build a successful small business. 

Hellmuth is a great example because her business shares many of the traits we see from successful artist entrepreneurs.  These small and personal art busine.....

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+2 2 votes

Who Cares Whose Idea?

This is a true story.

Really, I didn't care that he tried to build a business based on my idea, without asking my help, without even telling me. What bugged me was that I liked the guy, before and after that incident, but he was never the same.

I wonder whether you've seen that same phenomenon in your business relationships ... somebody slips up, does you wrong, and you're okay with it, but they end up souring, avoiding you, never really getting...

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Sharing is a social media best practice

If social media is established enough to have best practices, sharing is one of them.

Share freely, share things of value, share what people ask you for most.

My liquor store blog shares drink recipes, information about local wine events (ours and others), and tasting notes. All of this brings business back to my store. That business is measurable (when people tell me that's how they found us, or how they chose us over the competition).

...
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+1 1 vote

The Balance of Strategy and Execution


The balance of strategy and execution is one of the toughest challenges in business.

But there is now a revolution taking place in the way your business can approach it.

In support of Gary Harpst's new book, Six Disciplines Execution Revolution, watch this short video and see him explain how you can tackle this toughest challenge in business.