5500 - 5001

Tips 5500 to 5001 for Innovators and Entrepreneurs ...

5500) Remember them and they'll remember us.

5499) Seek help in patience.

5498) Call upon us, we will respond.

5497) Think first ... then act!

5496) The sun rises and the sun sets, and hurries back to where it rises.

5495) Fool me once, shame on you; fool me twice, shame on me. [Thank you, George W Bush]

5494) Same bat time, same bat channel. [Thank you, Batman]

5493) Feel happy when we can help other people in need.

5492) Use what we have. If we don't use it, do we need it? If we don't need it, why do we have it?

5491) Good communication is as stimulating as black coffee ... and just as hard to sleep after. [Thank you, Anne Morrow]

5490) Never let our emotions take control.

5489) There are (almost) always exceptions to (almost) all of these tips! (Thank you, Emre Toker) {Yep ... so see Tip 1731. -Jim}

5488) Take it from idea to venture to organization to company to business to enterprise to institution.

5487) We should be so lucky to have our brand become a verb. [Thank you, Google ... Let's google it!]

5486) The future is always coming for us.

5485) Margins are good safety features.

5484) Time is our most valuable asset ... it cannot be replaced or redone or rewound.

5483) Use Technology Readiness Levels (TRL) to score the stage of our product development: TRL 0 - Idea; TRL 1 - Basic research; TRL 2 - Technology formation; TRL 3 - Proof of concept; TRL 4 - Small scale prototype; TRL 5 - Large scale prototype; TRL 6 - Prototype with expected performance; TRL 7 - Demonstration system; TRL 8 - Replicatable system in production; TRL 9 - Full commercial application. [Thank you, European Commission]

5482) Think good thoughts.

5481) We need to be ready to take the heat. They are out there ready to pounce, often with little rational rhyme or reason. Their toolkit includes letters to the editor of the local newspaper blasting our mistakes, calls to the TV networks laced with falsehoods and inaccuracies, untruthful rumors and jabs. (Be prepared. -Jim)

5480) Stay calm and remain focused.

5479) Time heals (some, many, all) wounds.

5478) Ignorance is bliss ... not!

5477) Genius simplifies the complex.

5476) We're always honored when we hear someone say something we know they learned from us. Of course, we'd be a bit more honored if they acknowledged it, and maybe even said "thank you"!

5475) Some days are just bad days, that's all.

5474) For maximum attention, nothing beats a good mistake.

5473) Victory goes to those who make the next-to-last mistake. [Thank you, Savielly Grigorievitch Tartakower]

5472) Eagles soar, but weasels don’t get sucked into jet engines.

5471) Never try to teach a pig to sing ... it wastes time and annoys the pig. [Thank you, George Bernard Shaw]

5470) For a list of all the ways technology has failed to improve the quality of life, please press three. [Thank you, Alice Kahn]

5469) Never interrupt our competitors when they're making a mistake.

5468) Let's not just live, but live for a purpose bigger than us ... be an asset to our family, community, and country. [Thank you, Mark Owen]

5467) The grandeur of the tree is lost when raking leaves. [Thank you, Marcelene Cox]

5466) Our strategic plan: Doing things!

5465) There are better things ahead than we leave behind.

5463) The greatest obstacle to discovery is not ignorance, it is the illusion of knowledge. [Thank you, Daniel J Boorstin]

5463) If we can dream it, we can do it. [Thank you, Walt Disney]

5462) Keep our hands clean.

5461) Entrepreneuring is a social experience. [Thank you, Paul D Reynolds]

5461) Avoid the unhappy and the unlucky.

5460) Greetings from the Ass family: Wise, Smart, Lazy, Kiss, and Dumb.

5460) Alas, poor Yorick! I knew him, Horatio, a fellow of infinite jest, of most excellent fancy. He hath borne me on his back a thousand times, and now, how abhorred in my imagination it is! [Thank you, William Shakespeare]

5459) Innovation is a mashup of many different areas, different specializations, different perspectives.

5459) Honk if you like noises.

5458) Love is patient, love is kind. Love does not insist on its own way. Love bears all things, believes all things, hopes all things, endures all things. Love never fails. [Thank you, Corinthians]

5458) Don't worry about what people think ... they don't do it very often.

5457) Logic will get us from A to B, but our imagination will take us everywhere. [Thank you, Albert Einstein]

5457) Byte me.

5456) Be wary of strong drink: it can make you shoot at tax collectors ... and miss.

5456) Bad news: time flies. Good news: you're the pilot. [Thank you, Michael Altshuler]

5455) I like long walks, especially when they are taken by people that annoy me.

5455) A committee is a life form with six or more legs and no brain.

5454] Tomorrow is often the busiest day of the week.

5454) Make peace with our past so it won't disturb our present.

5453) Some say the world has become too complex for simple answers. They are wrong. [Thank you, Ronald Reagan]

5452) The future ain't what it used to be. [Thank you, Lawrence Peter Berra]

5451) It's not the years in your life that count, it's the life in your years. [Thank you, Abe Lincoln]

5450) Build our own dreams, or perhaps someone else will hire us to build theirs. [Thank you, Farrah Gray]

5449) Be not simply good, be good for something. [Thank you, Henry David Thoreau]

5448) The trouble is, we think we have time. [Thank you, Buddha]

5447) If we have no imagination, we have no wings.

5446) It's not the mountains ahead to climb that wear us out, it’s the pebble in our shoe. [Thank you, Muhammad Ali]

5445) Leave them wanting more.

5444) Keep an item of clothing for seven years and it will come back into style.

5443) Open every door.

5442) We cannot follow two paths at the same time.

5441) Remember special occasions.

5440) Going the extra mile puts us miles ahead of the competition.

5439) Make people smile and they're more likely to do business with us.

5438) Great things are not accomplished without great passion ... when the skills are light and the luck is low, fill in the void with passion.

5437) Acknowledge a gift, no matter how small. [Thank you, Barbara Ann Kipfer]

5436) Keep cutting the clutter. [Thank you, David Peter Clark]

5435) Take care ... we owe it to one another.

5434) A parrot talks much but flies little. [Thank you, Wilbur Wright]

5433) How to attract new customers: offer a pleaser-teaser to buy.

5432) Key question for our venture: Can we show that "the dogs will eat the dog food"? Will our prospective customers really buy our products and services?

5431) Where's the beef? [Thank you, Wendy's]

5430) I know someone who knows they are the only someone with a good idea. Sad and too bad.

5429) Promptly pay vendors and they'll be prompt when we need them. Vice versa, pay special attention to customers that promptly pay us.

5428) Journalism quotes facts, urinalism quotes quacks.

5427) The next door cannot be opened until we have closed the one behind or the beautiful butterflies might escape before we've had a chance to enjoy them. [Thank you, Tucson Botanical Gardens Butterfly Magic]

5426) Oingo boingo. Think. Dance. Enjoy life.

5425) Every accomplishment starts with the decision to try. [Thank you, Yolanda Gail Devers]

5424) Don't celebrate closing a sale, celebrate opening a relationship. [Thank you, Patricia Fripp]

5423) Treat others the way they want to be treated. [Thank you, Roy Peter Clark]

5422) Well, here's another nice mess you've gotten me into. [Thank you, Stanley and Oliver]

5421) Spread the word! [Thank you, Kenneth Crowell]

5420) Bandwidth: geeky, pretentious shorthand for available manpower. [Thank you, Forbes magazine]

5419) Problems worthy of attack prove their worth by hitting back. [Thank you, Piet Hein]

5418) Avoid custom components.

5417) Parking lot: a holding pen for ideas that those in charge plan to address, but never will.

5416) They who stop being better stop being good. [Thank you, Oliver Cromwell]

5415) If we get tired, let's rest not quit.

5414) Remember that for every little thing that we do know, there are a million little things that we don't ... it's in this vast realm of the unknown where the greatest ideas and innovations are born. [Thank you, Victoria Ogino]

5413) When creating a new product or service, try: something old, something new, something borrowed, something blue.

5412) Give it our all, and then some. [Thank you, Frank Peter DeCesaro]

5411) Capture the chemistry within. [Thank you, Elyse Dobkin Wexler]

5410) Pain point: something that needs fixing.

5409) Make the best peach pie ever, and they'll remember it forever! [Thank you, Candace Jean Hughes-Yugo]

5408) Give back. [Thank you, Bill Quiroga]

5407) Always do good in the world. [Thank you, Austin Sams]

5406) Not every passenger seat on an airplane is equal. [Thank you, Alex Roehrig]

5405) Be consistently consistent with customer care and caring.

5403) We do not inherit the earth from our ancestors, we borrow it from our children. [Native American Proverb]

5402) Let us all, every day, act with integrity, think entrepreneurially, embrace change, and transform our challenges into opportunities. [Thank you, Karl Eller]

5401) Communicate and collaborate! [Thank you, Jeff Sales]

5400) Follow a roadmap!

5399) Scammers abound, beware and be aware!

5398) Never patronize.

5397) Keep it neat and clean.

5396) Explain, Demonstrate, Identify, Illustrate, Translate, Show, Label

5395) Change starts from within, and highly effective people make the decision to improve their lives through the things that they can influence rather than by simply reacting to external forces. [Thank you, Stephen R Covey]

5394) Read a lot! [Thank you, Marie Wesselhoft]

5393) Start now.

5392) Dig deeper.

5391) Soon, customers will say to us, "Oh, thank you so very much for [ ... what? ... ]" (Now all we gotta do is get the "what?" figured out! -Jim)

5390) Please use kind words.

5389) We can do hard things.

5388) It's OK to cry.

5387) Show the children birds and bees and butterflies ... creatures that inspire them to defy gravity.

5386) The quieter we become the more we can hear.

5385) Excuse me, but there's no excuse for this! I'm not content with this content!

5384) Elements of Successful Innovations >>> i] Relative advantage: the perceived superiority of an innovation over the current product or solution it would replace. This advantage can take the form of economic benefits to the adopter or better performance ... ii] Compatibility: the perceived fit of an innovation with a potential adopter’s exiting value, know-how, experiences, and practices ... iii] Complexity: the extent to which an innovation is perceived to be difficult to understand or use The higher the degree of perceived complexity, the slower the rate of adoption ... iv] Trialability: the extent to which a potential adopter can experience or experiment with the innovation before adopting it. The greater the trialability, the higher the rate of adoption ... v] Observability: the extent to which the adoption and benefits of an innovation are visible to others within the population adopters. The greater the visibility, the higher the rate of adoption by those who follow ... vi] Functional performance: an evaluation of the performance of the basic function ... vii] Acquisition cost: initial total cost ... vii] Ease of use: use factors ... ix] Operating cost: cost per unit of service provided ... x] Reliability service needs and useful lifetime ... xi] Serviceability: time and cost to restore a failed device to service ... xii] Compatibility: fit with other devices within the system.

5383) Success demands singleness of purpose.

5382) Yesterday is history, tomorrow is a mystery, today is a gift which is why we call it the present. [Thank you, Bill Keane]

5381) Life is 10 percent what we make it, and 90 percent how we take it. [Thank you, Irving Berlin]

5380) When one door closes, another opens ... but often we look so long at the closed door that we do not see the one which has been opened for us. [Thank you, Helen Keller]

5379) Make what we think, say, and do in harmony.

5378) We can do something, but not everything.

5377) Let's try a thing we haven’t done three times. First, to get over the fear of doing it. Second, to learn how to do it. And a third time, to figure out whether we like it or not. [Thank you, Virgil G Thomson]

5376) Never ascribe to malice that which can be explained by incompetence. [Thank you, Napoleon]

5375) Those who believe in telekinetics, raise my hand. [Thank you, Kurt Vonnegut]

5374) Don’t ever wrestle with a pig ... you’ll both get dirty, but the pig will enjoy it. [Thank you, Cale Yarborough]

5373) Excellence is not an act but a habit. [Thank you, Aristotle]

5372) Success is not final, failure is not fatal: it is the courage to continue that counts. [Thank you, Winston S Churchill]

5371) Change is the law of life, and those who look only to the past or present are certain to miss the future. [Thank you, John F Kennedy]

5370) The greater danger for most of us lies not in setting our aim too high and falling short, but in setting our aim too low, and achieving our mark. [Thank you, Michelangelo di Lodovico Buonarroti Simoni]

5369) Don't just let things happen to us, let us happen to things.

5368) Ambiguity is the standard.

5367) Measure it with a micrometer, mark it in chalk, cut it with an ax. [Thank you, Paul Efron]

5366) If we do not step forward, we'll always be in the same place.

5365) If we do not ask, the answer will always be "No!".

5364) If we do not go after what we want, we can never get it.

5363) Now that there are cameras most everywhere, what ever happened to all those UFOs?

5362) Oh, the places we'll go with our venture! [Thank you, Theodor Seuss Geisel]

5361) We can never truly know the daily struggles of others, so let us not be so quick to judge.

5360) Do your homework. [I wrote a book called 5280 Tips for Innovators and Entrepreneurs. I used "5280" because I thought that number had some built-in memorability (the number of feet in a mile). I didn't do my homework! Turns out, it's not all that memorable after all ... number of feet in a mile is pretty trivial! Rather, far more people recognize 5K than 5280. So, a little re-branding here ... this is 5K Tips for Innovators and Entrepreneurs. --Jim]

5359) Be kind. It doesn't cost anything.

5358) Mary, Mary, quite contrary, how does our venture grow? Probably not too well if we're contrary to our customer's needs, wants, and desires.

5357) Be good, do good. [Thank you, Erin Mary Hughes]

5356) Organic: home grown, the things that we do ourselves in our venture.

5355) The difference between a million and a billion: a million seconds is 11.574 DAYS; a billion seconds is 31.662 YEARS!

5354) Everything is easy for someone who doesn't have to do it!

5353) Save Swing Jazz, Pelicans, and Oxford Commas. (My favorite saying! Ask me why. -Jim)

5352) Make friends with a really good librarian! [Thank you, Jason Dewland ... one of the very best librarians who's helped me many a times!]

5351) Better is better than best. If they say they are the best but we are better, then aren't we better than best?

5350) Productivity tends to come in bursts.

5349) Law firm NOT recommended: Dewey, Cheatem, and Howe, LLP

5348) Th-th-th-that's all folks! [Thank you, Porky Pig]

5347) A spoonful of sugar helps the medicine go down. [Thank you, Mary Poppins]

5346) The is no great success without great commitment.

5345) Beware of multiple-meaning words ... when someone says "Wow!", it's not necessarily a good thing ... when someone says "That's incredible!", it's not necessarily a good thing.

5344) Put as much money as we can into the marketing budget to get the ball rolling for our new venture. Once we're stable, we can likely trim it back, percentage-wise.

5343) A good business plan provides a rational explanation of why the investor should trust the management team to do what they say they are going to do. [Thank you, University of Wisconsin colleagues]

5342) Wise people learn when they can ... fools when they must. [Thank you, Arthur Wellesley]

5341) People think in terms of people ... the primary function of the brain is to deal with social interactions ... feature people through names, personal pronouns, quotes, testimonials, stories, photos of satisfied customers, et al in our advertising. [Thank you, Dean Rieck]

5340) Be prudent and careful for the future because that's the only place in time we can go. Time keeps on tickin'.

5339) Can we promote our venture with envelope stuffers?

5338) It’s never a shame when we admit we don't know something, and often a shame when we assume that we do. [Thank you, Eric Zom]

5337) Don't burn the bridges behind us ... we might need them to get out later.

5336) Corporate entrepreneur credo: Be thoroughly engaged, take ownership, and persevere. [Thank you, Gifford Pinchot III]

5335) Experience is that marvelous thing that enables us to recognize a mistake when we make it again. [Thank you, Franklin P Jones]

5334) Reinvent ourselves, or risk becoming obsolete. It is an innovator's dilemma ... if we make something new and better, it may well obsolete what we already do, but if we don't make something new and better, what will happen to us if someone else does?

5333) Task and assignments: who is going to do what, when, where, why and how?

5332) How to kill creativity, just say: "We don't have money ..."

5331) Stay hungry, stay foolish. [Thank you, Steve Jobs]

5330) Always be better ... better is better than best ... someone else may think they are the best, but we're better ... best is stationary, better is moving ahead

5329) Starting to do something is the hardest part of starting to doing something.

5328) When we succeed, be further inspired . [Thank you, Reid Wilson]

5327) How to attract new customers: use a famous and respected spokesperson to tell our story.

5326) Assume risk in exchange for reward. Make sure the two are in balance.

5325) I cannot say whether things will get better if we change ... what I can say is they must change if they are to get better. [Thank you, Georg C Lichtenberg]

5324) To kill creativity, just say: "It's never been done before ..." ... To encourage creativity, just say: "WOW! It's never been done before ..."

5323) Team time together ... take a little break and get to know each other better.

5322) If it looks right, it's right ... if it don't, it ain't! [Thank you, David Rogers]

5321) Write with the reader in mind. [Thank you, William N Yeoman]

5320) KISS: Keep it simple, stupid. [Thank you, Seymour Cray]

5319) Skilled innovators and entrepreneurs are mentally and physically healthy.

5318) Denial is not a river in Egypt. [Thank you, Al Franken]

5317) It’s hard to take an interest in work we don’t like. [Thank you, Francis Bacon]

5316) So many people, so many opinions ... there is nobody else like us and it is a mistake to think they are like us because they are not like us nor we like them.

5315) Customer Funding: a business arrangement between a venture and its customer wherein the customer agrees to provide the venture with some level of up-front funding in advance of delivery of the product or service ... many successful businesses are begun by making a sale first, they finding ways to deliver the goods.

5314) Company culture is incredibly difficult to change ... do it right from the start and right from the heart.

5313) Investor: an individual or organization that commits capital to a venture in order to gain financial returns over a period of time.

5312) Beware: "investors" that want money to introduce us to other "investors".

5311) Accident: an incident that happens unexpectedly and unintentionally ... accidents aren't always bad things ... many great discoveries were made by accident. (The core element of the common household smoke detector was discovered by accident!)

5310) Branding mistake: trying too hard ... we want our customer to notice us but not be intimidated! [Thank you, Jarad Hull]

5309) Form: the visible shape or configuration of something. Products and services have a form, fit, functions, features, and feel. Great products have a blend of F's that customers need, want, and desire.

5308) Focus on making an impact, a big bang, a loud gong, a bright and wonderful and splashy entrance on the big stage! [Thank you, Liberace]

5307) Write the venture executive summary after we have gained a good understanding of the business by working through all the other sections of a business plan. [Thank you, Andrew Zacharakis] ... Write the venture hypothesis (same format as the executive summary) first so we can gain a good understanding of the business by working through all the sections of a business plan.

5306) Modify, minimize, magnify ... can we modify our product, service, or process in some way? ... change meaning, color, motion, sound, smell, form, shape? ... other changes? ... how can we 'minify': what can we remove? make smaller? condense? miniaturize? lower? shorter? lighter? omit? streamline? split up? understate? ... how can we magnify: what can we add? more time? greater frequency? stronger? higher? longer? thicker? extra value? plus ingredient? duplicate? multiply? exaggerate? ... "I can modify/minimize/magnify.. in this way ... to ..."

5305) Can we promote our venture with discount premium booklets?

5304) Entrepreneurial Mindset: the ability to recognize opportunities for innovation and enterprise.

5303) Like an epidemic, change so often happens quickly and unexpectedly. [Thank you, Malcolm Gladwell]

5302) To Know or Understand ... what should we focus on today?

5301) Behind every great fortune lies a great crime. [Thank you, Mario Puzo]

5300) Skilled innovators and entrepreneurs ask questions, and lots of them. And they take notes. And they learn from the mistakes of others rather than making them all over again themselves.

5299) Beware of false profit prophets.

5298) Skilled innovators and entrepreneurs are not willing to give up. They hang in there. They just know they're on to something, even though getting there takes a whole lot of work and energy.

5297) The harder we work, the luckier we'll get. [Thank you, Gary Player]

5296) Listen and learn. [Thank you, Kenia Manriquez]

5295) Review the venture marketing and sales plan quarterly ... not too often but not too long between either. If everything is pretty much on track, that's great. If it's not, why not and what do we need to do to "course correct"?

5294) Typical new venture startup expenses: materials and supplies, equipment, facilities, labor, fees, people, places, things.

5293) Do not overwork a willing horse. [Thank you, Mr Ed]

5292) The whole truth is seldom simple, simple is seldom the whole truth.

5291) Persuade by example ... or carry a really big stick!

5290) If it’s a good idea today, will it be a good idea tomorrow? ... odds are, yes. [Thank you, Warren Buffett]

5289) Make a model ... test it out ... if the model works, make some more.

5288) The right answer to the wrong problem is very difficult to fix. [Thank you, Peter F Drucker]

5287) Venture building is far more art than science ... if it were easy, everyone would do it!

5286) Get our team all psyched up and ready to go.

5285) Desire: strong feeling of wanting to have something that is not absolutely needed.

5284) The secret of success is doing something we love.

5283) Create a psychographic profile of our target market: characteristics based on attitudes, values, lifestyles, desires, business styles, and behavioral characteristics. [Thank you, Rhonda Abrams]

5282) The more brains we use, the less material we need. [Thank you, Meredith Ray]

5281) The role of a Panel of Advisers is to offer a source of expert guidance and feedback to the lead entrepreneur. [Thank you, Andrew Corbett]

5280) Number of feet in a mile.

5279) We can cope with difficult situations ... we've done it before, we can do it again ... just hang in there, hard as it may be.

5278) Identify the pros and the cons ... the ups and the downs, the rights and the lefts, the starts and the stops.

5277) Be careful not to be led astray by the needs, wants, and desires of just one customer ... some customers can be quite persuasive ... make sure their needs, wants, and desires are representative of the majority of our key customers.

5276) I'm tryin' to think, but nothin' happens! ... there are those days, eh?

5275) The truth is sometimes hard to accept. [Thank you, Donald Trump]

5274) Think of intuition as rapid cognition or condensed reasoning that takes advantage of our brain's built-in shortcuts. [Thank you, Carlin Flora]

5273) To act is easy, to listen is hard, to understand even harder!

5272) Accounting: the action or process of keeping financial records. [Thank you, Google Dictionary]

5271) Social Responsibility: an obligation to act in ways that benefit society at large.

5270) Use a good mind in good ways.

5269) Allow time for random exploration.

5268) Skilled innovators and entrepreneurs are objective in their approach to interpersonal relationships.

5267) Do background research first.

5266) To kill creativity, just say: "We tried that and it didn't work ..."

5265) There's idea creativity, material creativity, spontaneous creativity, event creativity, organizational creativity, relationship creativity, inner creativity, productivity creativity ... how can we not find somewhere to be creative some more. [Thank you, William C Miller]

5264) Character is what we have left when we've lost everything else. [Thank you, Evan Esar]

5263) We are here now ... where is it we want to be tomorrow?

5262) A rotting fish begins to stink at the head. [Thank you, Racine Salmon-a-Rama]

5261) How to change our financial bottom line: change our business model. Is there a better, more efficient, more effective way of running our business?

5260) Bad news drives good news out of the media. [Thank you, Lee Loevinger]

5259) The rate at which angel-backed companies go public or get acquired is about 1 to 1.5 percent. [Thank you, Scott Shane]

5258) Laggard: the last group of potential customers to adopt a new technology or innovation in the technology adoption life cycle.

5257) Plant yellow flags where needed ... this might not work out like we thought!

5256) Stable Venture: an organization that has become financially self-sustaining and no longer requires survival investment.

5255) Use focus groups to gather primary research data.

5254) It’s one thing to talk of bulls, it’s another to be in the bullring.

5253) Distribution: the act of distributing, or moving goods (products) to market for ultimate sale to end-user customers.

5252) The cure for boredom is curiosity ... there’s no cure for curiosity. [Thank you, Dorothy Parker]

5251) The best success comes after failure.

5250) Can we license our products?

5249) Key question for our venture: What weaknesses do we need to strengthen in our venture? ... how are we going to do that?

5248) Promote our venture with loudspeaker announcements?

5247) The future is what we make it.

5246) Experiment: a procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact. Life is one big experiment.

5245) Don't tell ‘em, show ‘em!

5244) Key question for our venture: What are the key metrics that our management team focuses on?

5243) Don't be a rubber stamp ... think!

5242) How can we answer this question: Should we donate our products?

5241) An artist does not know when she is going to paint a masterpiece ... (As for Jim, I know I'm going to paint a messterpiece!)

5240) Can we promote our venture with postcards?

5239) Quality is never an accident ... it is always the result of high intention, sincere effort, intelligent direction and skillful execution; it represents the wise choice of many alternatives, the cumulative experience of many masters of craftsmanship . [Thank you, Rhoberta Shaler]

5238) Describe the types and strengths of complementary relationships between companies in this industry.

5237) Successful teams collaborate.

5236) Focus first on building customer loyalty ... if we keep them happy, they'll keep us happy!

5235) Identify our biggest and best opportunity.

5234) Can we promote our venture with drive-time radio?

5233) Substitute ... What can we substitute? ... what can be used instead? ... who else instead? ... what other ingredients? ... what other material? ... what other process? ... what other power? ... what other place? ... what other approach? ... what other sounds? ... what other forces? ... "Instead of ... I can ..."

5232) Hook readers right away with the executive summary, otherwise it is unlikely that they will read any other part of the plan. [Thank you, Andrew Corbett]

5231) The M’s of Operations: money, machinery, manpower, mission, messages, material, methods. [Thank you, Buck Crouch]

5230) If we have just one wish, make it an idea.

5229) Holy Cow: something that gets attention, or something that cannot be touched.

5228) Doing is learning ... doing it badly is still learning, but the lessons are much harder and more painful and added expense. [Thank you, Gina Trapani]

5227) It is better to bend than to break.

5226) Strategic Position: the orientation of a venture in relation to the environment, in particular, the competition.

5225) Strive for value ... better benefits, lower price.

5224) All marketing has a message ... what's ours?

5223) Miracles multiply with sharing.

5222) Can we promote our venture with print on the box/container?

5221) Speak when we're angry and we'll make the best speech we’ll ever regret. [Thank you, L J Peter]

5220) Eat less, exercise more. [Thank you, James Arnold]

5219) What does it mean to "make it"? ... if we don't know what that means, how will we know if we're there?

5218) Every exit is an entry somewhere else. [Thank you, Tom Stoppard]

5217) Some questions have no answers ... some answers have more questions.

5216) Skilled innovators and entrepreneurs are able to think logically, clearly, sensibly.

5215) Innovation and entrepreneurship are more art than science.

5214) Take it all as it comes.

5213) Potential venture legal issue: Failing to incorporate early enough. [Thank you, Connie Bagley]

5212) Damn the torpedoes, full speed ahead. [Thank you, David Glasgow Farragut]

5211) If the climate is cold, move somewhere warm ... if the customers just aren't heating up, let's try somewhere else.

5210) Ask around.

5209) The future is not what will happen ... the future is what is happening! [Thank you, C K Prahalad]

5208) Decision: the action or process of deciding something or of resolving a question.

5207) Be bold enough to make stuff that's small but great. [Thank you, Mike Birbiglia]

5206) Bill of Material (BoM): a list of the raw materials, sub-assemblies, intermediate assemblies, sub-components, parts and the quantities of each needed to manufacture an end product. [Thank you, Google Dictionary]

5205) Forward or Backward ... what should we focus on today?

5204) If we're wrong, at least do it with style and grace.

5203) Set up a realistic budget, and stick to it.

5202) A mistake is food for creativity, fuel for competition.

5201) Drive our daring dreams.

5200) A venture plan is ready when the investors are willing to put up the money to launch ... get the investors involved early in the creation of the plan!

5199) Lost opportunities cannot be recalled ... except in our minds, and that can give us a headache!

5198) I do not think there is any thrill that can go through the human heart like that felt by the inventor as she sees some creation of the brain unfolding to success ... such emotions make a person forget food, sleep, friends, love, everything. [Thank you, Nikola Tesla]

5197) Key question for our venture: How do we define a market need, want, desire?

5196) When we have a brilliant idea, instead of making others think it is ours, why not let them cook and stir the idea themselves?. [Thank you, Dale Carnegie]

5195) Prospect: short for Prospective Customer ... someone who is likely to buy from us.

5194) How to improve our financial bottom line: hone our operational model to become more efficient and effective.

5193) Out of the mouths of babes come great truths ... and sometimes gastroesophageal reflux.

5192) Some of the world's greatest feats were accomplished by people not smart enough to know they were impossible. [Thank you, Doug Larson]

5191) Time is the longest distance between two points. [Thank you, Tennessee Williams]

5190) Leadership is getting someone to do what they don’t want to do in order to achieve what they want to achieve.

5189) Empathy is a critical skill for innovators and entrepreneurs. [Thank you, P G Greene]

5188) Skilled innovators and entrepreneurs are able to juxtaposition two or more incongruities.

5187) We win more sales by energizing our current customers than by trying to capture new ones. [Thank you, John McCain]

5186) Initial Public Offering (IPO): a corporation's first offer to sell stock to the public.

5185) Formula: a method, statement, or procedure for achieving something ... there are few magic formulas with business ventures, but there are benchmarks from which we can learn what does and doesn't work.

5184) There is only now ... the past is just a memory, the future is but a dream.

5183) Need: something that is a necessity as opposed to a preferred want or desire ... "I need food, I want a pizza, I desire pepperoni on the pizza," said Customer Kevin. Our job now is to fill the need, fill the want, fill the desire, and fill the belly!

5182) Entrepreneurs are often objective thinkers.

5181) A real entrepreneur is somebody who has no safety net underneath them. [Thank you, Henry Kravis]

5180) Dreams can become realities if we put our minds to work!

5179) Key question for our venture: Who are our indirect competitors? ... what do we know about them now? What else do we need to know about them?

5178) How can we answer this question: How will our venture attract and retain talent?

5177) Is it a right-brain creative meeting, or a left-brain analytical meeting, or a meeting just to convey information? ... don't mix them up or we'll all get confused!

5176) Have people stand during meetings ... tends to keep things on track, short, sweet, to the point, and with less rambling on and on! [Thank you, Todd Adams]

5175) Learn “best practices” from firms that operate both inside and outside our industry. [Thank you, William Bygrave]

5174) Key question for our venture: How can we build out our business concept?

5173) What we anticipate seldom occurs; what we least expect usually happens. [Thank you, Benjamin Disraeli]

5172) Comme ci comme ça.

5171) Contingency Plan: an alternative course of action to follow if our primary path to success isn't leading us there.

5170) The standard angel investor folklore is that 1 investment out of 10 will "make it big", 2 or 3 will be "living dead", and the other 6 or 7 will fail ... so, in essence, angel investors are wrong 9 times out of 10!

5169) We do not merely want to be considered just the best of the best ... we want to be the only ones who do what we do! [Thank you, Jerry Garcia]

5168) The truth has no agenda. [Thank you, New York Times]

5167) Making a great presentation: Use visuals (slides) sparingly ... a rule of thumb is one visual for every one to two minutes of presentation time ... fifteen minute presentation means fifteen slides. [Thank you, Ian McKenzie]

5166) Successful innovators and entrepreneurs are committed to success.

5165) The creative instinct is an enormous super energy which no single life can consume. [Thank you, Pearl Buck]

5164) Our e-mail address is our personal brand, so keep it professional and simple. [Thank you, OMGifeelsoupsytoday@funkychickensoup.com]

5163) A potential business model: Aggregate, compile, or distribute information.

5162) The sale is not final until the check clears the bank ... and even then, the customer could still come back for a refund!

5161) Generalist: a person competent in several different fields or activities.

5160) Ask for help ... identify good consultants, mentors, advisors, and collaborative partners that we can lean on now and then.

5159) Have good manners. [Thank you, Danila Margaret Rajski]

5158) Can we promote our venture with placemats?

5157) A venture operations manual reduces the number of emotional decisions, encouraging a businesslike climate of objectivity.

5156) Give the credit where it is due. [Thank you, Joann MacMaster]

5155) Make the competition irrelevant. Be so much more than them!

5154) Analysis: detailed examination of the elements or structure of something, typically as a basis for discussion or interpretation. [Thank you, Google Dictionary]

5153) Simple, short, sweet, and clear ... for all our communications.

5152) When all aspects of our organization are aligned with our brand ... amazing things can happen! [Thank you, Leslie Bromberg]

5151) Growth: the process of increasing in size.

5150) Planes or Trains or Automobiles ... what should we focus on today?

5149) Wisdom is knowledge in action.

5148) No great thing is created suddenly. [Thank you, Epictetus]

5147) Consistency is the last refuge of the unimaginative. [Thank you, Oscar Wilde]

5146) Watch our thoughts; they become words ... watch our words; they become actions ... watch our actions; they become habits ... watch our habits; they become character ... watch our character; it becomes our destiny. [Thank you, Frank Outlaw]

5145) If they're reading, they're not listening ... that's why we should keep the number of words on our slide presentations to a minimum.

5144) Key question for our venture: What is the planned use of proceeds from this round?

5143) Don't rule out quitting ... if the glove don't fit, maybe we shoulda quit and find something more comfortable to wear? ... there may well come a time when we have to cut our losses and move on with life ... but don't make a rash decision! [Thank you, Mike Birbiglia]

5142) If we haven't found something strange during the day, it hasn't been much of a day. [Thank you, John A Wheeler]

5141) Mental Error: "We're going to make a ton of money!" ... In pennies, a ton of money is $3,632.02. That's not too bad. A ton of hundred dollar bills is $90,800,000. Now that's a bit more challenging. It's also a pretty broad spectrum and pretty vague!

5140) Treat others like we want to be treated. What would we think if we were a customer of our venture?

5139) First things first ... set priorities, then do them top to bottom, not the other way around (quite common ... lower priority items are easier than higher priority so often get done first) ...

5138) Easy to see, hard to do.

5137) Complete: all the parts ... not likely our venture plan will ever be complete, but don't let that stop us from going forward!

5136) Whoever is trying to bring us down is already below us.

5135) Start by copying the best-of-the-best competitor, then do it better than them.

5134) All our dreams can come true if we have the courage to pursue them! [Thank you, Walt Disney]

5133) Avoid offering unsolicited advice.

5132) See us first at the finish line.

5131) Got SPLUCK? ... Skills, Passion + Persistence, and LUCK.

5130) Good communications have AIDA: Attention, Interest, Desire, Action ... every ad or promotional activity should have those four elements.

5129) Nothing is impossible for the person who doesn't have to do it themself.

5128) Continually identify new technology solutions.

5127) A mind is a terrible thing to waste. [Thank you, UNCF]

5126) Look for the critical success factors. Manage them first. [Thank you, Amar Gupta]

5125) Market valuation factors ... market conditions, competition, market opportunity, value added, market comparables.

5124) We have brains in our head, we have feet in our shoes, we can steer ourselves any direction we choose, we're on our own, and we know what we know, and we are the ones who'll decide where we go. [Thank you, Theodor Seuss Geisel]

5123) Experience the luxury of doing good.

5122) Beware of false profits ... "cooking the books" is not a sustainable business practice, not to mention it is illegal, immoral, and unethical!

5121) Sell the problem we solve, not the product.

5120) Doing is more valuable than thinking about doing.

5119) The conventional view saves us from the painful job of thinking. [Thank you, John Kenneth Galbraith]

5118) Some things don’t have a particular order to follow.

5117) Sweat Equity: ownership earned by the entrepreneur in lieu of taking a salary.

5116) Explain things simply.

5115) There is a fortune at the end of the rainbow ... it's getting to the end that's hard.

5114) When it is dark, we can see the stars. [Thank you, Ralph Waldo Emerson]

5113) Be accurate and correct.

5112) Cream rises to the top.

5111) 1.61803398875 ... the Golden Mean, the Golden Section, or the Golden Ratio ... an expression that describes what is generally considered to be the universally perfect proportions in sciences such as architecture and anatomy ... two quantities are considered to be in a perfect golden ratio if the larger quantity is approximately 1.61803398875 times the smaller one. [Thank you, Phidias]

5110) Let's get our team all psyched up and ready to go.

5109) If the fans don't wanna come out to the ballpark, no one can stop 'em. [Thank you, Yogi Berra]

5108) Not uncommon that eighty percent of the sales comes from twenty percent of the customers.

5107) Key question for our venture: What are our core competencies? List them in order.

5106) Could we promote our venture with signs towed by airplanes? Hey, why not?

5105) Types of business plans: back of a napkin, sketches, business model canvas, business brief, feasibility study, pitch deck, formal written business plan. [Thank you, Heidi M Neck]

5104) Customer problems can be portrayed from unpalatable pain to passionate pleasure. How can we convert the pain to pleasure?

5103) Complex scientific equations can be approximated within an order of magnitude using only calculations performed within the space available on the back of an envelope. [Thank you, Enrico Fermi]

5102) Apply all we've got to the project at hand.

5101) Every tale can be told in different ways.

5100) To kill creativity, just say: "The rules are ..."

5099) Think of our new idea in terms of its product/service features, the benefits to customers, the personality of our company, what key messages we'll be relaying, and the core promises we'll be making to customers. [Thank you, Guy Kawasaki]

5098) We don't necessarily need to make everything work ... some things just need to sit there.

5097) Cents or Sense ... if we don't have many cents, we will need a lot of sense.

5096) Don't be wasteful.

5095) To retain and gain customers, keep innovating.

5094) Successful innovators and entrepreneurs have an insatiably curious approach to life and an unrelenting quest for continuous learning. [Thank you, Michael J Gelb]

5093) Promote our venture with door-to-door canvassing?

5092) Whenever we fall, let's pick something up. [Thank you, Oswald Avery]

5091) Environment: the setting or conditions in which a particular activity is carried out.

5090) Successful entrepreneurs have an ability to identify high-potential business opportunities. [Thank you, Lynda Applegate]

5089) Help when it's needed is the best kind of help. [Thank you, Rose Kananu]

5088) The truth is necessary. [Thank you, New York Times]

5087) Assignments: tasks given to someone as part of a job.

5086) Persona: the aspect of someone's character that is presented to or perceived by others.

5085) Focus a new venture on niche markets to start ... broader markets will come with growth.

5084) It's important that we like who we work with, and they like us.

5083) Write nice notes of appreciation ... build our network of people who have helped us in the past and hopefully in the future, too.

5082) Offer incentives to stimulate ideas ... the best incentive is "thank you".

5081) Write a haiku for our venture.

5080) Drive as we would have others drive.

5079) A person makes a name, not a name the person. [Thank you, Barbara Ann Kipfer]

5078) Catalog: a publication containing details and often photographs of items for sale.

5077) Common Mistake: "We don't have to talk to our customers, we already know what they want!" (Been there, done that. One of my favorite products, that my crack engineering team designed, flopped in the marketplace. We loved it, the prospective customers didn't. -Jim)

5076) Have a stock of promotional items that we can use as giveaways at our trade show booth. Make sure our brand is on each of them! [Thank you, Susan Ward]

5075) Few things are impossible to diligence and skill. [Thank you, Samuel Johnson]

5074) Industry Map: a visual representation of all players in an industry.

5073) Innovator's Dilemma: if we create something new, our something old may become obsolete ... what impact might that have on our venture in the short and long run? But if we don't create that something new, what will happen to us when/if our competitors do? [Thank you, Clayton M Christensen]

5072) It is better to be first in the mind than to be first in the marketplace. [Thank you, Jack Trout]

5071) It takes understanding to create desire ... make it easy for our customers to understand.

5070) Procrastination is opportunity's natural assassin. [Thank you, Victor Kiam]

5069) No one is above the law ... hard to run a business from a jail cell! [Thank you, El Chapo]

5068) Be the best in the world ... start in our own community!

5067) Never underestimate the power of a happy customer. [Thank you, Ian Lurie]

5066) The vast majority of patents don't make any money ... the inventions simply aren't better than the existing alternatives! [Thank you, IEEE Spectrum]

5065) Where there is creativity, there exists a chance of conflict. [Thank you, Thomas Quick]

5064) Pique the interest of the reader, viewer, listener if we really want them to read, view, or listen.

5063) We can do things quicker than we think, or we can drag them out longer than anyone could imagine.

5062) Search others for their virtues, ourselves for our vices. [Thank you, R Buckminster Fuller]

5061) Not all accidents or happenstances are bad.

5060) Income Statement: a financial document that gives operating results for a specific period (typically monthly, quarterly, and annually).

5059) Word of mouth doesn't just happen ... it happens because 1] we are amazingly better than everyone else at what we do, or 2] we are amazingly worse!

5058) Listen before speaking.

5057) Some types of revenue models ... unit sales, advertising, data, intermediation, licensing, franchising, subscription, professional, utility and usage.

5056) To invent, we need a good imagination and a pile of junk. [Thank you, Thomas Alva Edison]

5055) Some people see things as they are and say “Why?” ... I dream things that never were and say “Why not?”. [Thank you, George Bernard Shaw]

5054) Branding mistake: no focus. [Thank you, Jarad Hull]

5053) Search Engine Optimization (SEO): making changes or adjustments to a website with the intent of improving its search engine rankings.

5052) Keep our eyes on the road ahead ... the road behind is history.

5051) Watch, listen, learn.

5050) It takes twenty attaboys to make up for one oh-shit! (The attaboys are a lot harder to come by, too! -Jim)

5049) Don't just talk, act.

5048) When should we be proactive, not just reactive. or inactive?

5047) It doesn't matter if a cat is black or white so long as it catches mice. [Thank you, Deng Xiaoping]

5046) People influence people. [Thank you, Robert F Mager]

5045) Rub them against our teeth ... a real pearl will grate. [Thank you, Tom Parker]

5044) If it sounds too good to be true, it probably is.

5043) The old mantra was to make the brand irreplaceable ... that's not enough today ... now the brand has to be irresistible! [Thank you, Kevin Roberts]

5042) Business: an organization focused on the work that has to be done to profitably solve customer problems better than the competition.

5041) Of all the words of mice and men, the saddest are "It might have been". [Thank you, Kurt Vonnegut]

5040) People like people who compliment and complement.

5039) Talk is cheap ... action is valuable.

5038) Left alone, muddy water will gradually become clear, unless we keep stirring it up.

5037) Our ability to change can change the world.

5036) Define the terms of engagement.

5035) Bread and water can so easily be toast and tea. [Thank you, Kathy Hatch]

5034) Common bootstrapping strategy: network wherever and whenever possible.

5033) A venture plan serves as an alignment tool for a new business. [Thank you, Tom Byers]

5032) See our vulnerabilities so we can guard them from attack.

5031) Art can free the soul but damage the pocketbook.

5030) Skilled innovators and entrepreneurs are able to go beyond logical expectations.

5029) Get voted onto the team every day. Don't drop the ball too many times or the game is over for us.

5028) More than three or four people leading the venture and the communication channels start to become too complex.

5027) Be the best at what we do ... nobody else be better! [Thank you, Richard Branson]

5026) The importance of grace; The knowledge that power is nothing without respect; Why one must have patience, positivity, perspective, manners, kindness, and humility ... always, to everyone, no exceptions; The joy in treating people as a gift rather than a burden; How far choosing gratitude can get you ... If I know anything about any of this, it’s because I was lucky enough to have learned from the very best at the very beginning. (Thank you, Anne Hathaway)

5025) Anger is a brief madness ... but it can do damage that lasts forever.

5024) Promote our venture with programs and yearbooks. Would that work well?

5023) A key marketing objective is to generate leads ... and lots of them! These leads lead to new customers!

5022) Our learning has just begun ... again!

5021) A venture operations manual promotes continuity in management style throughout the organization.

5020) Users are more productive with the mouse when they have less distance to travel and a larger target to click on to do their task. [Thank you, Paul Fitts] (BTW, did you know there is such a thing as a "vertical mouse"? That's all I use now ... very comfortable, natural fit to my hand, hand position, and hand motion.)

5019) Much of what we see and hear becomes irrelevant after a week or so, so we have to keep seeing and hearing week after week after week after ...

5018) Be open to suggestions.

5017) How to retain customers: keep them happy!

5016) Do everything as if our customers are standing right by our side ... we should not be embarrassed by our business practices, external or internal.

5015) Silly things do cease to be silly if they are done by sensible people in an imprudent way. [Thank you, Jane Austen]

5014) Creative people experiment and iterate ... yes, no, yes, no, maybe, maybe not ... wow! [Thank you, Emma L Murray]

5013) Experience cuts costs ... the more we do something, the better we get at doing it.

5012) A venture operations manual establishes a comprehensive source of policies and procedures.

5011) Knowledge is finite ... ignorance infinite. [Thank you, Ryne Handelman]

5010) A good business plan describes the operations, manufacturing, production, and/or service delivery processes and associated costs in appropriate detail.

5009) Try to learn something about everything and everything about something. [Thank you, Thomas H Huxley]

5008) Can we use STEAM to help energize our venture? STEAM is short for Science, Technology, Engineering, Arts, and Math ... a movement in our schools to promote those disciplines to students ... is there some way we can assist STEAM initiatives? (Example: employee volunteer day)

5007) Make our positives overwhelm our negatives.

5006) Recommended reading: Entrepreneurship: A Real-world Approach (Rhonda Abrams) ... an excellent book that covers the fundamental principles of entrepreneurship.

5005) Our venture identity includes our name, logo, tagline, color scheme, product design, packaging, decor, and ???

5004) Do we know our products can be built efficiently in quantity, and with a reasonable financial margin?

5003) Talk doesn't cook rice ... we've got to stoke up the fire and boil some water.

5002) A pessimist has no motor, an optimist has no brakes. [Thank you, Patrick Marcus]

5001) We need to now how much money we will need to hold us over until our venture reaches the sustainable break-even financial milestone. (Not necessarily making money, but not burning it either. -Jim)