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May the Field Be with You - CFO

May the Field Be with You - CFO | The Art and Science of Business | Scoop.it
Cloud-based applications are pushing out planning and forecasting to workers in the farthest reaches of the company.
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How Will the Sharing Economy Disrupt Your Business?

How Will the Sharing Economy Disrupt Your Business? | The Art and Science of Business | Scoop.it
Business models for everything from crash pads to cocktail dresses have been disrupted by this new trend. Is your business next?
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Business Names & Company Name Ideas | How To Name A Business

Business Names & Company Name Ideas | How To Name A Business | The Art and Science of Business | Scoop.it
Learn how to come up with a good business name for your small business. Create a company name for your business using these resources from Entrepreneur.
James Allen's insight:

Here is some good advice when you are ready to name your company.  please don't blow your life savings on a branding company or name generator.  If you have a few thousand dollars from an angel investor, it's worth considering, but be carfull where, when, and how you spend your branding dollars.

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Why Every Entrepreneur Should Unleash Their Inner Artist

Why Every Entrepreneur Should Unleash Their Inner Artist | The Art and Science of Business | Scoop.it
Here are five ways to let your creative side shine to be a better entrepreneur.
James Allen's insight:

Great article showing that there is art in business.  As a musician and a business person, I see similarities every day.

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The Six Disciplines Entrepreneurs Need To Succeed

The Six Disciplines Entrepreneurs Need To Succeed | The Art and Science of Business | Scoop.it

Via Daniel Watson
James Allen's insight:
I don't disagree with the six disciplines, but I am not convinced that there shouldn't be more. I'll have to think about this one for a bit. Quick and easy article to read, and it provides a nice top level picture of entrepreneurship.
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Ten Types of Content That Make You Look Lame

Ten Types of Content That Make You Look Lame | The Art and Science of Business | Scoop.it
Some types of content can make your company look really lame. Don't fall into these 10 categories!
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GreatBusinessContent's curator insight, October 11, 2013 5:22 PM

Man, it is so easy to make mistakes when doing content marketing for a small business.  If I had a dollar for every mistake I could have a really nice vacation!  Or maybe cashflow, that would be nice.

 

Anyway, check out the post.

Osku Penttinen's curator insight, October 12, 2013 2:18 PM

Critical knowledge to every web designer and social media developer who creates online content.

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Six Visual Solutions To Complex Digital Marketing/Analytics Challenges

Six Visual Solutions To Complex Digital Marketing/Analytics Challenges | The Art and Science of Business | Scoop.it

Two things I love a lot:

 1. Frameworks, because if I can teach someone a new mental model, a different way of thinking, they can be incredibly successful.

2. Visuals, because if I can paint a simple picture about something complex it means I understand it and in turn I can explain it to others.

 

This post is at the intersection of those two lovely things.

 

Each of the six visuals re-frames a unique facet of the digital opportunity/challenge, and shares how to optimally take advantage of the opportunity/challenge....


Via Jeff Domansky
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Jeff Domansky's curator insight, October 1, 2013 9:23 AM

Here's a thoughtful look at how visuals can be used to communicate data much more effectively.

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10 Predictions About the Future of Ecommerce

10 Predictions About the Future of Ecommerce | The Art and Science of Business | Scoop.it

We asked 10 ecommerce founders to share what they think the future of personalized shopping holds. It's an eye opener for retail and marketing.


Via Jeff Domansky
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Angela Heath's curator insight, October 10, 2013 11:25 AM

Give your customers what they want is the summary of this article.  Remember, its not about what you THINK they want.

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How Entrepreneurs Think Differently and You Should Too

How Entrepreneurs Think Differently and You Should Too | The Art and Science of Business | Scoop.it
Execution is everything in entrepreneurship. But often your state of mind -- or perhaps more accurately, how you think -- will help determine what products...
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John Michel's curator insight, September 1, 2013 2:58 PM

Thinking like an entrepreneur requires a unique approach to the world and a mindset to help view the world as limitless in its possibilities for improvement, change and, ultimately, innovation. How entrepreneurial are you? 

Angela Heath's curator insight, October 10, 2013 11:28 AM

This confirms it....I think like an entrepreneurs...how about you?

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When Is a Good Time for Your Start-up to Be Acquired?

When Is a Good Time for Your Start-up to Be Acquired? | The Art and Science of Business | Scoop.it
You fill a niche and the money's flowing. You need more capital and you can't compete. When do you hang on to your company and when do you let go?
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5 Ways to Build Momentum For Your Business Idea

5 Ways to Build Momentum For Your Business Idea | The Art and Science of Business | Scoop.it
A good business idea needs a healthy dose of momentum to get it going. Here are five steps to help you get there.
James Allen's insight:

There is some good insight in this article.  Can't disagree with anything the author says in this case.

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13 Entrepreneurs on the Best Business Advice They Ever Received

13 Entrepreneurs on the Best Business Advice They Ever Received | The Art and Science of Business | Scoop.it

Via Daniel Watson
James Allen's insight:

I like the article, but I can't get past the first piece of advice regarding "stick with one product; one business".  I have worked on several different projects within my career, and I have had fun, and have been passionate about all of them in one way or another. 

 

Most of the article I read about entreupreneurship have said the same thing, using different language.  "Pick one product you are passionate about, and focus on that one thing."  My problem with this statement is that I can become emotionally invested, and passionate about anything I work on. 

 

I'm in the process of launching a new business with a partner, and he asked me a great question before we agreed to work together. 

 

When you think of the end game of this path does it end with:

A strong company built with a multi-year plan for future growth and revenue.Does it end with us sitting on a beach in Tahiti, retired and owners of nothing but our personal finance management tasks in 10 years. Or some combination of the two


The reason I ask is I think these paths take extremely different designs and execution stratagies.

The company requires:

A product/service we are passionate about.A foundation plan for future growth Reinvestment strategies vs. Employee compensation strategiesA lazer tight focus on the industry, competitors and product design


The early retirement requires

Potentially multiple products across a meriad of business sectorsA foundation for capital growthCost per and return on Investment strategies Broader focus on diversified income stream

 

First, I have to say that I agree with my partner.  I believe that running the company scenario compared to the "multipe products/services with diverse income streams" is very different in terms of execution.

 

In response to his question, I spent a significant amount of time trying to explain and justify the idea of "one product/service with lazer focus".  In the end, I deleted what I wrote and said something along the lines of...

 

I take the beach in Tahiti.  It occured to me that I am passionate about building a business strategy and executing that strategy.  If that is my passion, why can't I do it several time over?

 

I'm sure there are several entrepreuneurs out there that are saying, "Stop, don't do it. Stick with one product".  For those people, I would love to hear specific examples of why the multi-product/service strategy won't or can't work.  

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Jeffrey Ross's curator insight, October 17, 2013 9:58 AM

The best advice I ever got from my mentor was: "you're spending too much time on the top line and notenough on the bottom line."

Lynne M. Williams BS, MA, ABD★'s curator insight, October 18, 2013 1:14 AM

Great advice!

harish magan's curator insight, October 25, 2013 11:03 PM

No man (or woman) is an island, and business owners need to seek advice and guidance from other successful business owners, if they themselves are to become successful in their respective endeavours.

 

One of the best ways to become better as a business owner, is to apply relevant advice that other business owners have successfully applied to their businesses, that they themselves received from others who went before them.

 

This excellent article, drawing on feedback from 13 successful Australian entrepreneurs, offers 13 great pieces of sound business advice that any business owner can take on board to improve the performance of their own business.

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Internet Marketing's Biggest Secret Isn't What You Think ScentTrail Marketing

Internet Marketing's Biggest Secret Isn't What You Think ScentTrail Marketing | The Art and Science of Business | Scoop.it

The Secret To Internet marketing isn't what you think. In fact there is no single "sliver bullet" secret. TEAM comes cloest and here is what to look for in great Internet marketing teams:

Prefer ACTION to JUDGEMENT.LISTEN more than they TALK.Great TALKERS (writers, communicators) too.Less EGO more CURATION. More CURATION than CREATION. Respect each other. Know the TEAM is the thing.
Via Martin (Marty) Smith
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Thomas Faltin's comment, October 8, 2013 11:57 AM
yw :-)
Timothy Jacquet's curator insight, October 9, 2013 5:17 PM

Another great article

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Web Analytics Segments: 3 Key Category Recommendations

Web Analytics Segments: 3 Key Category Recommendations | The Art and Science of Business | Scoop.it
Segmentation is a key strategy in any analytical endeavor. This post shares three category of segments (Acquisition, Behavior, Outcomes) that are key to identifying actionable insights.
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Excellent Analytics Tip #13: Measure Macro AND Micro Conversions.

Excellent Analytics Tip #13: Measure Macro AND Micro Conversions. | The Art and Science of Business | Scoop.it
Improving \"Conversion Rate\" is key to any website\'s success, ecommerce or non-ecommerce. But are you thinking it right? Is your computation complete? This post is for you.
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Fifteen basic tech skills all entrepreneurs should have

Fifteen basic tech skills all entrepreneurs should have | The Art and Science of Business | Scoop.it

What are the baseline tech skills every entrepreneur should have before starting up? Here's a helpful checklist as a starting point for every small business entrepreneur.


Via Jeff Domansky
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13 Best Social Media Management Tools

13 Best Social Media Management Tools | The Art and Science of Business | Scoop.it
In the following post you’re going to discover some of the most powerful social media tools on the market.

Via Dr. Susan Bainbridge
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