|
CategoriesBusiness Planning (41) Cool Ideas (26) Dave Lavinsky (416) Entrepreneurship (109) Financing (76) Internet Marketing (10) Jay Turo (208) Just For Fun (10) Management (32) Market Research (10) Marketing (13) Productivity (7) Resources (8) Venture Capital (49) Best of Growthink
Looking for Opportunities Now?
How to Write a Business Plan for Raising Venture Capital
Top Seven Capital Raising Mistakes
20 Reasons Why You Need a Business Plan
Top 10 Private Placement Memorandum (PPM) Mistakes
The Secrets to Their Success? 25 Quotes From Famous Entrepreneurs
The 6 Untold Reasons Why Businesses Fail
7 Entrepreneurs Whose Perseverance Will Inspire You
Top 7 Myths About Starting a Business
Business Exit Strategy: Planning to Sell Your Business
How to Make a Business Plan
Capital Raising Resource Center
Blog Authors
Jay Turo
Dave Lavinsky
Most Popular
|
Big Smiles = Big Entrepreneurship LessonWritten by Dave Lavinsky on Thursday, June 24, 2010Categories: Look at this picture:
Those are pretty big smiles don't ya think? 8 Rules for Making Your Meetings More ProductiveWritten by Jay Turo on Monday, June 7, 2010Categories: When I started Growthink over a decade ago, I thought I knew more about management then I did. 5 Tools to Improve Your Productivity, Creativity & EfficiencyWritten by Dave Lavinsky on Thursday, April 9, 2009Categories: We could all use tools to increase our productivity, creativity and efficiency. Below are five tools that I have either been using for years, or just adopted, that have helped me, as I'm sure they can help you too.
1. 99designs.com 99designs is a site that I was recently turned onto and it's really cool. If you need a great logo designed for your business, this is the way to go. Before I tell you how it works, let me tell you about the old way of getting a new logo. The old way was to first look at several designers' portfolios to see which one had created logos that you liked. Then you would hire one designer. Next you would write down and give them your design specifications. Then, you would hope that they came back to you with a solid design, or one that was good enough that with a few tweaks could be improved. Needless to say, the process took a long time, and more times than not (I say this from lots of experience) produced less than optimal designs. Now, let me tell you how 99designs.com does it. First, you post a design brief, which is easy to do since the site leads you through some questions. Next, you set your budget (amounts generally range from $100 to $600). Then, designers from around the world submit design concepts to compete for your business. During this process, you can rate the designs and provide feedback to help the designers deliver what you want. In the final step, you choose the winning design and pay the designer the amount you set, and the designer sends you their completed design (along with copyright to the original art work). So the key points are 1) you don't have to spend hours finding designers and judging portfolios, 2) you don't pay anything (except the $39 fee to 99designs.com) until AFTER you see the design you want, 3) you get lots of designs to choose from, at least one of which is usually great (the higher your budget the more designs you get; for $300 you can get up to 100 submissions usually). 2. PDF995 PDF995, located at pdf995.com allows you to transform any document (e.g., Word file, Excel file, web page, etc.) into a PDF document. Best of all, there's no cost to download it. I used to use the official program from Adobe, but it's expensive and constantly crashed my computer. I often use PDF995 to convert Word files to PDF files. This usually makes the file size smaller and ensures compatibility for whoever wants to view the file. It is also good for copyright protection (makes it harder for others to copy your work). I also use PDF995 a lot for converting web pages into PDF files. A lot of times I come across web pages that I want to reference later. Sometimes I bookmark them, but oftentimes the page may change. So, I PDF the page and file it away so I can access it whenever I want in the future. 3. Firefox Plugins For those who have not yet tried the Firefox browser, I highly recommend it. Not only is it very fast and stable, but there are tons of plugins that make it more productive. A few plugins that I use are MeasureIt (allows you to quickly measure the dimensions of anything on the web page you are visiting), ColorZilla (allows you to click on any pixel on the web page to see its precise color) and FireShot (allows you to quickly take a screen shot and manipulate it (e.g., crop out sections; add comments; save file). These are just the tip of the iceberg. Here is a full directory of Firefox plugins: https://addons.mozilla.org/en-US/firefox/ 4. Bubbl.us A mind map is a visual diagram used to represent words, ideas, tasks, or other items linked to and arranged radially around a central key word or idea. Creating mind maps are great for mapping out new projects or ideas, particularly if they are not linear. For example, if you want to create a new ebook, you may start with the word ebook in the center. Then you may draw a line to "creation" which will then have sub-sections for research, writing, etc. Another sub-section of the word ebook would be marketing, which would then have its own sub-sections. Etc. My frustration with mind mapping is that, while easily done using pen and paper, I prefer a digital copy so that I can distribute it to my colleagues and/or modify it over time. And traditionally, creating mind maps with programs such as PowerPoint, took forever. Enter Bubbl.us, a new online tool that allows you to create, save and modify mind maps REALLY easily. Give it a try. You'll be amazed at how easily it works and it's totally intuitive to use. And currently there are no fees. 5. Springwise.com The final tool I'd like to tell you about today is Springwise.com. Springwise has created a network of 8,000 "spotters" from around the world who "scan the globe for smart new business ideas, delivering instant inspiration to entrepreneurial minds." On the site, you'll learn about businesses like Wonderpizza, a pizza vending machine developed in Italy, and Dogtree (dogtree.com.au), an Australian social network that helps dog owners find playmates and walking friends for their dogs. Springwise is great for inspiration and brainstorming. It gives you unique concepts and ideas that can really get your creative juices flowing. I hope you can use these tools and ideas to help you and your business. If you have any comments or questions, or want to post your own tips to help your fellow entrepreneurs, please add them in the comment section below. Top 10 New Year's Resolutions for Entrepreneurs in 2009Written by Pete Kennedy on Wednesday, January 7, 2009Categories:
2008 was a tumultuous year, and most observers agree that we're now in one of the worst recessions in decades.
For more thoughts on launching a business during a recession, read entrepreneur and investor Andy Liu's excellent entry The Secret to Starting a Successful Company.While the economy may be in for a bumpy ride, make sure you keep it in perspective. Don't let all the negative news stop you from moving forward with your entrepreneurial initiatives. History has shown that a downturn can be a great time to start a new venture. General Electric traces its roots to the Panic of 1873. William Hewlett and David Packard founded HP during the Great Depression. Microsoft launched during the recession of the early 1980s. Disney, Oracle, and Cisco, and countless others took the leap during difficult economic times, and reaped tremendous rewards for their efforts. One reason that recessions provide opportunities for entrepreneurial companies is because established firms decide to cut back on innovation and growth plans. Don't make that mistake! The key is to be running and growing your business successfully before the market comes back -- so that when it does, you have gained market share and are poised for explosive growth. As we've said before, persistence and optimism are critical for entrepreneurial success. 9) Maximize Your Time and Resources
That's it! I hope you found this list to be helpful for growing your business. Here's wishing you a prosperous 2009!
What is your New Year's resolution?
Landing Page Optimization, Business Planning and Google's SuccessWritten by Dave Lavinsky on Tuesday, March 18, 2008Categories: Over the past few weeks, I've spent a lot of time studying a field called Landing Page Optimization. It's a fascinating field that deals with improving landing pages, which are the pages of your website that visitors come to either organically or through paid marketing initiatives. The goal of Landing Page Optimization is to maximize conversions (e.g., sales, newsletter signups, etc.) of these visitors. One of the guiding principles of landing page optimization is that landing pages need to be simple. If there is too much information on the page, the reader gets confused and either clicks the back button or closes the browser. This principle is the same as a guiding principle of business plan development; mainly that the plan, and particularly the executive summary, needs to present the business concept concisely so that the audience quickly understands it. If not, they will simply discard the business plan. Interestingly a concise message might not only improve your business plan and your landing page, but your entire business’ success. Consider the case of Google. The Google homepage has always had very little text on it. In fact, if you go to it, it doesn’t even say that it is a search engine. But, by having a big empty box in the middle and having a button underneath it that says “Google Search”, it is pretty intuitive that Google is a search engine. Now, when someone was referred for the first time to Google over the past few years and came to Google.com, what do you think they did? Well, due to its simplicity, I think we can assume that nearly all people who came to Google.com typed in a search term and hit the search button. Then, they instantly saw high quality search results and were sold on the fact that Google is a great search engine. So, by keeping their landing page and business concept/proposition extremely simple, Google was able to get people to try its product. Because the product is high quality, those trials resulted in loyal users. While there are many examples out there, one interesting company that I think could really improve its business plan, landing page, and thus chance of success is SpinVox. I first read about SpinVox in this Guy Kawasaki post in which he says, “This service translates voicemail to text and then sends a text message to your phone and/or an email to your computer.”
While Guy Kawasaki does a great job clearly explaining
SpinVox in this 22 word sentence, I don’t think SpinVox does. On its homepage, SpinVox has the following text: To sum up, KEEP IT SIMPLE. Use simplicity to hook the investor, the customer, the partner, or whoever else you are trying to influence. Once hooked, over time (which could be as little as 2 minutes later), you can tell the full story. Effective Meeting StrategiesWritten by Jay Turo on Tuesday, March 6, 2007Categories: If you manage a new or growing venture, chances are that you spend a lot of your time in meetings. Among others, meetings are critical to strategize new opportunities, assess different ways to accomplish tasks, set and update goals, and to ensure that all team members are aligned. However, since ventures must focus the majority of their time and efforts on executing opportunities, there is a significant risk for them to spend too much time in meetings strategizing. This article provides some tips to keep meetings effective. Going Dual ScreenWritten by Jay Turo on Thursday, November 9, 2006Categories: About three months ago, I went dual screen. That is, I switched from a single computer monitor to a dual screen monitor. I had read that a dual screen monitor can increase productivity by 50%. While I don't believe this statistic, the dual screen monitor definitely saves me 10 - 15 minutes/day. The dual screen is really helpful if I want to comment on website, for instance. I'm able to have my email open in one window and my Internet browser in the other, so I don't need to constantly toggle back and forth between screens. |








10) Keep Launching, Innovating and Growing