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Entrepreneurship

Entrepreneurship

Finding a Demographic that will Pay for Your App

June 22, 2017

This blog entry is part of a series I’m doing on building a profitable business without doing any work. If you missed part 1, check it out here! It should go without saying that every product needs a target demographic. This is especially true for young products, without an established fan base. So, for this new business, I decided that the first step would be to find a demographic it would be easy to target. Finally, after some careful planning, I’ve…

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Entrepreneurship

Making a Business Without Doing Any Work – Part 2

June 15, 2017

I recently begun to formulate a plan to build a profitable business and be not doing any work. To do so, I plan to break down the things needed, then outsource absolutely all of it. If you missed it, check out part 1 here! As I thought, I read over the steps I had formulated and quickly realized I’d need to break them down further. So, here’s the updated list of steps I’ll need to outsource: Find a market I…

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Entrepreneurship

Can You Make a Business Without Doing Any Work?

June 8, 2017

What’s the only thing better than making a profitable side-business? Making a profitable side-business without doing any work. First, a little background knowledge. I, like many programmers, enjoy working on the occasional side project. Bringing a program from idea to execution can be extremely satisfying. Although I’ve never made anything that I could monetize, there’s no real reason why I couldn’t. Except, perhaps, for time. Customer service alone is a big task – bigger than I have the bandwidth for when…

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Entrepreneurship

What Data Will You Discover?

May 23, 2017

We live in the era of data. Companies do all they can to collect “Big Data”; information from or about the people who use their products. This information shows researchers how users interact with products, who they’re connected with, and much more. Big Data is interesting because it’s so easy to collect data nowadays that special algorithms are needed to parse it. This is important if you’re creating a product because you need to learn as much about your users as possible. This might mean tracking their usage of your…

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Entrepreneurship

1 Simple Step to Get Involved in the Tech Sector

May 9, 2017

An old friend of mine called the other day because he wants to break into the tech sector. His stagnant work in the health care industry frustrates him, and he wants to flex his entrepreneurial muscles. He was asking for advice because his lack of formal computer science education was concerning to him. During my time in the tech sector, I’ve often heard this hesitation from intelligent people like my friend. What many don’t realize is that the barrier of entry for learning to…

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Entrepreneurship

Look Toward Your Vision, but Focus on the Steps Ahead

March 31, 2017

When your company is full of visionaries, it’s easy to forget to focus on the steps you need to take immediately. Maybe you’ve heard the phrase “Big, Hairy, Audacious Goal“, or “BHAG”. A BHAG is a lofty goal that outsiders might consider impossible, but your company works toward and believes they can accomplish. Ours is to energize every child in the world! What’s yours? A team that believes in their big vision is driven to work on the cause. However, there are important pitfalls to…

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Teamwork

When Problems Become Jokes, They Don’t Get Solved

March 20, 2017

Team members joking about problems is a common trend across low-performing teams and organizations. Have you ever been on a team where bad behaviour gets glazed over, and problems become jokes? “Uh oh, looks like Gaby is half an hour late to another meeting!” “Jim forgot to record a client’s details again, classic!” “Ha, why is Lana even a manager if no one ever listens to her?” Does this sound familiar? Are you guilty of this? Maybe it seems like it’s all in good fun because…

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Entrepreneurship

Your Product Needs a Clear Market

February 23, 2017

WhatsApp, one of the most popular messaging apps on the market, recently released a feature that clones Snapchat’s Stories. This feature might be important for a number of reasons – but do their users actually want it? Pressure to build what your market segment doesn’t want It seems clear that WhatsApp is trying to cause direct harm to Snapchat with this release. Snapchat’s parent company, Snap, will soon publicly trade, and this moment could be make or break for the company. WhatsApp’s…

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Entrepreneurship leadership

Being Mindful of Feedback with Snowballs

December 7, 2016

It’s tough to be mindful of the feedback we give and receive. We’re humans, and humans are fallible – even mild feedback can seem harsh if it’s perceived to come from a place of hostility, or if we feel like we’re somehow threatened by the person giving it. However, feedback is inevitable, so it’s our duty as compassionate human beings to make sure that it’s taken and received as best as possible. The Snowball Imagine you’re standing at the top of a snowy hill holding a…

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Entrepreneurship

Leading Meetings

November 24, 2016

Leading meetings can be tough if you have a group of analytical minds around the table. People who like to process what they hear thoroughly can sometimes refrain from speaking until they’re totally ready. This can lead to a meeting dominated by a few vocal team members, which can dissuade others from adding their valuable input. This can be a problem when you need your whole team creatively thinking around solutions. Leading Meetings with Purpose Approaching every part of a meeting analytically and with purpose…

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