When you should stick to your knitting

By rickColosimo / January 17, 2013 /

How do you know when you should change your business or keep doing things the same way? Applying two principles, Security and Economy of Force, will help you determine what type of problem you’re facing before you decide how to analyze it. Here, we’re going to talk about making decisions that increase your business’s risk.…

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Innovative selling models are constrained by the law

By rickColosimo / May 13, 2011 /

Springwise recently posted about a group buying site, this time from India, that actually has a new twist: real estate. This model is a good idea for tenant-in-common real estate deals, where you could sell a small commercial office building to 10 or 20 buyers who couldn’t afford the whole building or would appreciate the…

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What investor risk profile does your company match?

By rickColosimo / February 16, 2011 /

Here’s a brief quote from an interview with an entrepreneur turned angel investor about types of startup risk: Angels will largely take a product risk (they bet on the product or idea and your ability to build it). “A” round investors or late-stage seed investors will take a market risk (they want to see the…

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Which kind of business are you building?

By rickColosimo / August 8, 2010 /

I’ve often thought that there are two kinds of businesses: those that make money from providing more value to customers, and those that make money from providing less value to their customers. This brief article describes 5 grocery store ripoffs. I’d add Trop50 to the list, as noted also in the comments here. Trop50 is…

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