- Tim Berry and his wife Vange
collaborated on what they have learned over the last 22 years as small
business owners and came up with a list of ten lessons they learned.
They point out that these lessons may not work for every business but
in my opinion Tim and Vange may be too humble about their list.
Businesses are still failing today because they either don’t know about
the topics discussed in this article or they choose to ignore them. I chose three points to reiterate for our audience:
- 2. We built it around ourselves
Our business was and is a reflection of us, what we like to do, what we do well. It didn’t come off of a list of hot businesses.
- 5. We spent our own money. We never spent money we didn’t have.
We hate debt. We never got into debt on purpose, and we didn’t go looking for other people’s money until we didn’t need it (in 2000 we took in a minority investment from Silicon Valley venture capitalists; we bought them out again in 2002). We never purposely spent money we didn’t have to make money. (And in this one I have to admit: that was the theory, at least, but not always the practice. We did have three mortgages at one point, and $65,000 in credit card debt at another. Do as we say, not as we did.)
- 7. We minded cash flow first, before growth.
This was critical, and we always understood it, and we were always on the same page. See lesson number 5, above. We rejected ways we might have spurred growth by spending first to generate sales later.
- The Palm Pre comes out this weekend, and I am quite excited about it! Search Engine Land reports on Google’s excitement for the release of this smartphone that has Google Search, Maps and YouTube already built into the device. What’s important about this article is the trend toward mobile apps and how advertisers will choose to plan for future PPC campaigns.
- Bing seems to be the word of the week and (#badabing) the tweet of the week. Bing even managed to become the number two search engine for a day, which isn’t all that surprising considering the dollars that Microsoft is tossing at their ad campaign, but will it last? Some think not, and I tend to agree. I tried to use Bing for a day, but I couldn’t even make it that long.
- Adobe BrowserLab is making it easier for developers to test cross browser compatibility.
- We pride ourselves on being problem solvers, in fact that is how Gordian Project came to be our name. We go about discovering problems and implementing solutions in various ways, but I enjoyed this simple outline for those in their infancy of tackling issues.
Kohler is arguably one of the most innovative brands in the home improvement industry. The new Karbon faucet has completely transformed the kitchen and more specifically revolutionized the kitchen faucet. Meanwhile Kohler seems to effortlessly create bathroom fixtures that are not only sleek but save water, like the Escale toilet.