January 2011
27 posts
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Customer Discovery
The first stage in getting my business off the ground is customer discovery. This involves getting out and talking to potential customers to identify if my idea is actually addressing a problem worth solving, determining the feature set of my first minimum sellable product, and testing the hypotheses underpinning my business idea.
Before committing to starting another business, I spent a...
What Your 16-Hour Workday Says About You!
You’re a really hard worker
Your time is poorly managed
You don’t know what to do with your life
Your boss knows you’re gullible
At least 40% of your diet consists of pre-packaged food
You send out work emails at inappropriate hours
You have no perspective on life
You don’t sleep enough for proper brain function
You have very little self-respect
Your salary should be higher, but isn’t
...
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The idea
Right now, my ‘business’ consists of nothing more than an idea. Which gives it a market cap of about $0.00. Without means and execution, ideas are worthless so I don’t see any downside sharing it before its up and running.
I’m going to make managing an apartment complex simple and transparent. Yep, that’s it. Not earth shattering but I don’t really care. ...
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Starting a business in 30 days
Last week I made the decision that I was going to throw my hat into the ring and start another business. And what better way to do it than with some big hairy audacious goal like going from idea to product to revenue in only 30 days.
And also what better way to set yourself up for a humiliating and public defeat if it all goes horribly wrong…. ;p
To me, running existing companies...
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“Resist the temptation to extrapolate insight from a data point of one”
“Adding highway lanes to deal with traffic congestion is like loosening your belt...”
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“We charge users not because of the benefits they derive but because of the costs...”
– Think about that next time you hear a proposal to charge cyclists rego.
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“When we are uncomfortable disobeying a 3x4 inch touchscreen, then you know...”
– Seth Godin
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Victorian Police do their bit to encourage cycling
In a bid to increase safety, Victorian Police are cracking down on the victims of road trauma to prevent them becoming, um, victims.
Operation Spoke, Vic Police’s 12 day blitz targeting cyclists, kicks off today. Sergeant Greg Dean of Yarra Highway Patrol said that “reducing serious injury collisions is a high priority for police”, that’s why police are urging cyclists “to take care on our...
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“I’ve accepted the reality that the computers are going to take over during my...”
– Brad Feld
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US subpoenas records of European MP and other... →
And the only reason it made the news is that Twitter fought to make the request public. Its like watching Enemy of the State in real life.
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“A good economist is one who has successfully predicted 10 of the last 5...”
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“New Australian helmet standards mean legally I must wear one even though it is...”
– What sad a joke.
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Retail jobs or Executive bonuses at risk?
It seems Gerry Harvey and Bernie Brooks of Myer are concerned about online shopping killing off thousands of retail jobs. Overseas purchases less than $1000 are currently exempt from GST here because the ATO calculated that the overheads on collecting tax below this amount would be greater than the tax receipts themselves.
Yet Harvey and other big retailers have succeeded in having a senate...
“But please, if you can, steal or borrow it, and don’t buy it. Otherwise he...”
– Bob Hargrave on John Hospers’ textbook
“Being misunderstood is still better than being ignored.”