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Articles, news, resources, and to help you become a better CEO...
It Gets Lonely at the Top
Excerpted from C.O.S.E. publication by PETER D. BROSSE, ESQ., CONWAY, MARKEN, WYNER, KURANT & KERN CO., LPA Business owners who operate closely-held (non-publicly traded) businesses find themselves from time to time in need of new ideas, a sounding board, or a...
Don’t be afraid to narrow your niche
I saw the van below in a parking lot and it struck me as a shockingly narrow and unusual niche. This stands in stark contrast to many businesses who want to be all things to all people. They sport slogans like, “For all your… needs.” Common sense and human psychology...
Extraordinary Guarantees and Your Business Model
I am a big fan of Dr. Christopher Hart’s book, “Extraordinary Guarantees: A New Way to Build Quality Throughout Your Company Ensure Satisfaction for Your Customers.” In the book Dr. Hart lays out a blueprint for improving margins and sales via exceptional guarantees....
Unbranding and your business model
Proctor and Gamble (PG) plans to introduce a lower-priced version of #1 selling brand Tide. Tide Simply Clean and Fresh will be priced in the mid-tier category vs. the premium category for regular Tide. Here’s what has PG salivating –According to Nielsen, in the most...
Does a cool idea = a great business model?
When I met the owners of NoChar Inc. and the showed me how their product can protect a town from burning down in a forest fire or how it can protect a man’s hand from a torch, I assumed they had to beat off customers with a stick. It turns out there is more to...
Business Models for Dummies Highlights
The recently released book, Business Models for Dummies, offers both ‘beginners’ and experts’insight into the fascinating world of business models. The book is comprised of three main sections: creating a business model, assessing the model, and ongoing innovation....
LegalZoom Should Consider the Franfiliate Business Model
LegalZoom has built a $200+ million business catering to the needs of customers with a legal need who don’t want to hire a lawyer. The company started out selling forms and helping preparing them. If you needed to file an LLC with your state and did not know how to do...
Two New Business Models
Alright, the following are not “new” business models, but I have penned a name for these successful business models which does serve an important function. By naming and defining a business model, we can then study it, improve it, and learn from them much sooner. Here...
Fatal Error #27: Do they graduate or quit
You are going to hate me for this one because I am going to tell you that you should WANT your best people to leave you. No, I am not nuts. I am simply a pragmatist. Think about it. If you have a true superstar, that once every 10 year person… can you really afford to...
T-Mobile Messes with Samsung’s Business Model
Deutsche Telekom’s T-Mobile USA made a bold move to remove smartphone subsidies. Carriers have long complained that handset subsidies benefit manufactures such as Apple and Samsung to the detriment of carriers. For instance, an iPhone 5 sells for $199 with the...
