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Archive for Christopher Harris

Archived

Management (5)
January 23, 2008
Most people start their new business or company for themselves.  This is fine, our free-market economy is structured so that self-interest rewards the group generally.  Despite some well deserved criticism, Walmart’s “always low prices” have helped grow the US economy for everyone.  So just to be clear, I’m not knocking the idea of going into business to make yourself better off, in fact I’m all for it!  However, I’m becoming more and more concerned that some entrepreneurs don’t realize that th ...view entire post

January 16, 2008
Recently I was asked to define the one thing that’s most important to a business.  My answer is two words: competitive advantage.Technology, Patents, and SecretsThere are a lot of people who mistakenly believe that proprietary technology, patents, or trade secrets are the hallmark of breakaway businesses.  This is only sometimes true.  Most of the time it’s only true for a little while.  Huge drug companies today are starting to panic because their drug patents are expiring and the competitive f ...view entire post

December 12, 2007
Thomas Edison’s famous quote, “Genius is 1% inspiration, and 99% perspiration” is the embodiment of a startup.  There is often a lot said about the value of overcoming adversity – but I think the context of this advice is often too dramatic.  The real stresses of starting a new business come from the combination of chronic day to day failures and rejection combined with the acute disasters and fire drills.Managing this stress is quite possible – but it’s important to know it’s there and that it ...view entire post

December 5, 2007
Customers are obviously the only reason your business exists, or will exist, or will continue to exist. I mentioned before in What’s In It for Them to consider things from your customer’s perspective. This is just as critical to consider before starting your business as it is during your business growth.Don’t start without customers In preparation for this article, I’ve been trying to think of a single reason it’s “ok” to start a business without a real-life customer ready in waiting for your p ...view entire post

October 31, 2007
Recently I had one of those moments that was so bad, it made me physically ill.  In fact, it was such a problem that I couldn’t even write about it for a week!Our company helps entrepreneurs start & run new companies.  This has the tremendous upside of working with very passionate people on really fun projects.  These people are totally invested in their vision, their project, and the better future they envision for their customers, employees, and themselves.The dreamWe were going to help th ...view entire post



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