February 3, 2008

How to Start a Business Without Going Broke

I’m just a month away from celebrating my 2 year anniversary of being gainfully self-employed. It hasn’t been easy, but anything worth having usually isn’t. It takes failures, victories and alot of risk to operate a business. When the anniversary date rolls around, I’m going to share some entrepreneurial advice with you.

In the meantime, I want to answer a question from a young woman, let’s call her Faith, who sent me an email asking the following:

“I just listened to your podcast on being disruptive and I am so tempted to get out of this box (my job) that I got into, but my faith is weak. I am afraid that the first of the month will come and I will not be able to pay rent, or pay my cell phone bill etc. What advice can you give to one who is in a box that is essentially paying the bills and putting food on the table?”

My advice?

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November 16, 2007

What’s Your 10, 20, 30, 40 Plan?

I was reading an article in today’s Globe & Mail about Microsoft’s plans to become the #2 online advertiser (currently, Microsoft is #3).

This is truly fascinating.

In sales, we want to be #1, but here’s a company - a really big and profitable company - who’s aiming to be #2. Microsoft’s 5 year goal is to edge out Yahoo (who’s currently #2) and trail Google (who dominates #1) using its 10, 20, 30, 40 Plan.

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