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Archive for the 'Internet– the Internet is Eating a Hole in the Global' Category

Things Every Tech Startup Needs to Know about Business Models

( 25 Steps to Business Success andBusiness Models andBusiness Plans andDifferentiated Value andEntrepreneur Skill Set andFuture Vision and Technology andGuerrilla Marketing andHuman Resources andIntellectual Property andInternet-- the Internet is Eating a Hole in the Global andIntrapreneurs and Intrapreneurship andLeverage andMarketing andNot-For-Profits andPersonal Business for Life, PB4L andPixie Dust andProduct Management andRules? There are no rules in entrepreneurship. andValue Differentiation and 'Pixie Dust' andValue Proposition andWhy Businesses Fail )

By Bruce M Firestone, B Eng (Civil), M Eng-Sci, PhD Abstract The Business Model is supplanting the Business Plan in many organizations. It not only describes the complete business ecosystem, it is a mechanism to discover profitable new relationships amongst stakeholder groups. The Business Model is more resilient than a plan and harder for competitors [...]

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IOE, Institute of Entrepreneurs

( 25 Steps to Business Success andAwards andBootstrap Entrepreneurs-- Case Studies andBusiness Models andCash Conversion Cycle andCompetition andCorporate Culture andCreativity and Value andCreditor Proofing andEducation andElevator Pitch andEntrepreneur Skill Set andEthics andFranchise and Concession andFuture Vision and Technology andGoal Setting andGuerrilla Marketing andGuerrilla Marketing Research andInstitute of Entrepreneurs andIntellectual Property andInternet-- the Internet is Eating a Hole in the Global andIntrapreneurs and Intrapreneurship andInvesting andIOE andIRR andLaunch Clients andLeadership andLeverage andMentoring andNegative Cost Marketing andPersonal Business for Life, PB4L andPolitical Economy andPre-selling, Finding New Clients, Keeping Existing Ones andProduct Management andRules? There are no rules in entrepreneurship. andSpreadsheet Use andValue Differentiation and 'Pixie Dust' andWhy Businesses Fail )

IOE5100, Advanced Business Models Exploriem.org’s Institute of Entrepreneurs presents IOE5100, Advanced Business Models for Entrepreneurs, Intrapreneurs and Artpreneurs, an MBA level course (For available dates and times as well as more information, please contact: Ms. Theresia Scholtes, tscholtes @ exploriem.org or @tclsholtes) Come study with Prof Bruce, a leader in designing and building business models [...]

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Internet Pioneer Morphs Business Model to Include Kiosk Stores

( 25 Steps to Business Success andAsymmetric Information andBootstrap Entrepreneurs-- Case Studies andBuild and Hold andBusiness Models andCompetition andCustomer Service andDifferentiated Value andFranchise and Concession andGTBMR andInternet-- the Internet is Eating a Hole in the Global andPersonal Business for Life, PB4L andPixie Dust andValue Differentiation and 'Pixie Dust' andValue Proposition )

(Portions of this article originally appeared in Ottawa Business Journal, March 5, 2012: http://www.obj.ca/Opinion/Bruce-Firestone-5444.) Rob Hall was into the Internet before there was one. In high school in the 1980s, he dabbled in web technology and was ready for the Internet revolution circa the early 1990s. I met him when he was a young man [...]

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Institute of Entrepreneurs/Advanced Business Model Course/Strathmere

( 25 Steps to Business Success andBusiness Models andEducation andEntrepreneur Skill Set andInstitute of Entrepreneurs andInternet-- the Internet is Eating a Hole in the Global andIntrapreneurs and Intrapreneurship andIOE andLeadership )

(IOE5100 Advanced Business Models for Entrepreneurs and Intrapreneurs, MBA level) Come to beautiful Strathmere (1980 Phelan Road West, North Gower near Ottawa, Canada) to study with Prof Bruce from Monday July 23rd to Saturday July 28th, 2012. In less than a week, we will help turn you into a creative, focused entrepreneur or intrapreneur with [...]

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Bundling

( 25 Steps to Business Success andBootstrap Capital andBootstrap Entrepreneurs-- Case Studies andBusiness Models andCo-branding andCo-opetition andCompetition andCorporate Culture andCourses andCreativity and Value andCustomer Service andDifferentiated Value andEntrepreneur Skill Set andFranchise and Concession andFuture Vision and Technology andInternet-- the Internet is Eating a Hole in the Global andIntrapreneurs and Intrapreneurship andLeasing andLeverage andMarketing andNegative Cost Marketing andProduct Management andProductivity andRules? There are no rules in entrepreneurship. andSponsorship andValue Differentiation and 'Pixie Dust' andValue Proposition )

I think bundling is going to be a big factor in terms of leveraging entrepreneurial ventures in this century. For example, Lululemon Athletica not only sells active wear they also have Yoga classes in their stores. In essence, they are housing two complementary businesses under the same roof. But there is no reason why they [...]

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How Do I Beat The Competition

( 25 Steps to Business Success andBootstrap Capital andBootstrap Entrepreneurs-- Case Studies andBusiness Models andCompetition andCorporate Culture andCustomer Service andDifferentiated Value andEntrepreneur Skill Set andFranchise and Concession andInternet-- the Internet is Eating a Hole in the Global andMarketing andMentoring andNegative Cost Marketing andNegative Cost Value Proposition andNot-For-Profits andPersonal Business for Life, PB4L andPixie Dust andPolitical Economy andPre-selling, Finding New Clients, Keeping Existing Ones andPricing is an Art andProduct Management andRules? There are no rules in entrepreneurship. andSell andValue Differentiation and 'Pixie Dust' andValue Proposition )

Professor Carlisle Adams at the University of Ottawa’s Faculty of Engineering challenged me to train his second year class on how they can build world class enterprises in a tough competitive world and then sustain them. In an hour and a half no less. Case studies I use include: Rick Hunter’s Mont Cascade and Pro [...]

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Institute of Entrepreneurs

( 25 Steps to Business Success andBootstrap Entrepreneurs-- Case Studies andBusiness Models andCash Conversion Cycle andCourses andCreativity and Value andCreditor Proofing andCustomer Service andDifferentiated Value andElevator Pitch andEntrepreneur Skill Set andEthics andFinancing andFranchise and Concession andGTBMR andGuerrilla Marketing andGuerrilla Marketing Research andInstitute of Entrepreneurs andIntellectual Property andInternet-- the Internet is Eating a Hole in the Global andIntrapreneurs and Intrapreneurship andIRR andLaunch Clients andLeadership andMarketing andMentoring andNegative Cost Value Proposition andNot-For-Profits andPersonal Business for Life, PB4L andPixie Dust andPre-selling, Finding New Clients, Keeping Existing Ones andPricing is an Art andProduct Management andRules? There are no rules in entrepreneurship. andSell andSocial Marketing andSocial Media andSponsorship andSpreadsheet Use andValue Differentiation and 'Pixie Dust' andValue Proposition andWhy Businesses Fail )

Introduction Exploriem.org is launching the Institute of Entrepreneurs (IOE) this year. Why? To bring advanced research, education and mentoring to student entrepreneurs and intrapreneurs from self-capitalized and forward-looking enterprises across Canada and around the world. IOE provides access to research, education and a network of high achievers that you just can’t get anywhere else. The [...]

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Why You Can’t out-Amazon, Amazon

( 25 Steps to Business Success andAsymmetric Information andBranding andBusiness Models andCompetition andCorporate Culture andCreativity and Value andCustomer Service andDifferentiated Value andEntrepreneur Skill Set andFranchise and Concession andFuture Vision and Technology andInternet-- the Internet is Eating a Hole in the Global andPixie Dust andProduct Management andRules? There are no rules in entrepreneurship. andUser Experience andValue Differentiation and 'Pixie Dust' andValue Proposition )

Also: how the addition of a GIS layer to Amazon’s Price Check turns it into a bookstore-killer app. In Wal-Mart’s HQ in Bentonville, Arkansas there are signs that say: ‘You can’t out-Amazon, Amazon’ and if Wal-Mart can’t do it, you and I probably can’t either. Amazon’s incredible inventory of products and services, its unmatched delivery [...]

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Rocket Owl—Full on Products Company

( Business Models andDifferentiated Value andFranchise and Concession andInternet-- the Internet is Eating a Hole in the Global andPixie Dust andProduct Management andValue Differentiation and 'Pixie Dust' )

(This article originally appeared in Ottawa Business Journal, Dec. 12, 2011: http://www.obj.ca/Opinion/Bruce-Firestone-5444) These days when it’s often hard to tell whether a tech company is a hardware or software biz or a services or products studio, there’s no doubt about Rocket Owl. After spending time with two of its five (now four) founders, 22-year old [...]

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Loose Button’s Business Model

( 25 Steps to Business Success andBootstrap Capital andBootstrap Entrepreneurs-- Case Studies andBranding andBuild and Hold andBusiness Models andCreativity and Value andCustomer Service andDifferentiated Value andFinancing andFranchise and Concession andGadgets and Gizmos andGTBMR andGuerrilla Marketing andInternet-- the Internet is Eating a Hole in the Global andLeverage andMarketing andNegative Cost Value Proposition andPersonal Business for Life, PB4L andPixie Dust andPre-selling, Finding New Clients, Keeping Existing Ones andProduct Management andRules? There are no rules in entrepreneurship. andSocial Marketing andSocial Media andSponsorship andUser Experience andValue Differentiation and 'Pixie Dust' andValue Proposition )

[The biz model discussed below was developed by Loose Button Founders Ray Cao and Aditya Shah. What they are building based on it is truly an amazing story. It's a very well thought out model and demonstrates a lot of the principles of GTBMR, Get the Biz Model Right. After review, we added two new [...]

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Prof Bruce’s Startup DNA Checklist

( 25 Steps to Business Success andChecklist andEntrepreneur Skill Set andGTBMR andHuman Resources andInternet-- the Internet is Eating a Hole in the Global andLeverage andPre-selling, Finding New Clients, Keeping Existing Ones andProduct Management andReceivables andRules? There are no rules in entrepreneurship. andSell andSocial Media andValue Differentiation and 'Pixie Dust' andValue Proposition )

“Those mundane and tedious little things that, when done exactly right, with the right kind of attention and intention, form in their aggregate a distinctive essence, an evanescent quality that distinguishes every great business you’ve ever done business with from its more mediocre counterparts whose owners are satisfied to simply get through the day,” Michael [...]

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Negative Cost Selling a Mobile App

( Asymmetric Information andBootstrap Entrepreneurs-- Case Studies andBranding andBuild and Hold andBusiness Models andCreativity and Value andFinancing andFranchise and Concession andHuman Resources andIntellectual Property andInternet-- the Internet is Eating a Hole in the Global andLaunch Clients andLeasing andLeverage andMarketing andNegative Cost Value Proposition andNot-For-Profits andPersonal Business for Life, PB4L andPixie Dust andPricing is an Art andRules? There are no rules in entrepreneurship. andSell andSocial Marketing andSocial Media andSponsorship andUser Experience andValue Differentiation and 'Pixie Dust' andValue Proposition )

Put Leverage in Your Biz Model What’s the most common reason a municipality or non-profit turns down a project? “We don’t have the budget for that!” There was a time not too long ago (circa post WWII) when municipalities thought of things like roads, sewers, power lines and water mains as investments; today, they think [...]

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