Dec 20, 2023 | Dave's Don'ts, General
Over the last 10 years, I’ve worked with a number of startup companies that have passed through EnterpriseWorks, the UIUC technology incubator here in Urbana-Champaign. These entrepreneurs are always very smart and very hardworking. They are also likely to fail. ...
Nov 20, 2023 | Dave's Don'ts, General
I recently had the opportunity to attend an event hosted by the Idea Collective Small Business Community (The Idea Collective Small Business Community | The Hub) where Marcus Lemonis was a keynote speaker. (If you don’t know Marcus, check out the CNBC TV show The...
Oct 23, 2023 | Dave's Don'ts, General
Visionaries are often seen as innovators. I disagree. An innovator constantly adapts to the environment and improves the business in ways the visionary can’t see. Visionaries get stuck. They tend to see their reality only. They don’t adapt well. They aren’t...
Sep 25, 2023 | Dave's Don'ts, General
Yes, you read that right. I repeat, don’t improve your processes! If you haven’t read my blogs titled Don’t Continually Improve, Don’t Adjust, Don’t Focus on Cost and Don’t Be Efficient, please consider doing so as this blog builds on the concepts introduced there. ...
Aug 18, 2023 | Dave's Don'ts, General
Volume discounts are both a standard business practice and a standard customer expectation in many industries, but it is likely that this is harming both the business and the customer. Skeptical? Good! But please read on anyway. So, how is this bad for your...
Jul 11, 2023 | Dave's Don'ts, General
I know. This blog title is a little more cryptic than usual, but hear me out. Twice in the last two months I saw a post about KPIs on LinkedIn. In both cases the person posting was bragging about their comprehensive list of Key Performance Indicators (KPIs). The...
