dwagner

Are you a business owner wondering how you can engage your employees and get them to think like you would when making decisions?

I recently read "Ownership Thinking: How to End Entitlement and Create a Culture of Accountability, Purpose, and Profit" by Brad Hams.

Brad talks a lot about entitlement and how it is "destroying companies, our economy, and crushing potential". Entitlement is basically the idea that you should get paid just for showing up at work; no matter what your actual impact is.

Brad's personal mission is "to eradicate entitlement".

Basically it starts with the idea that given a choice, people actually want their […]

I’ve finished reading “The Lean Startup” by Eric Ries that I discussed on my last post.

Part 3 of the book talks about:

• Batch – Continuing to work in small batches. Avoid the large batch “death spiral” and other lessons applied from Lean manufacturing.
• Grow – The three primary engines of growth and the importance to pick one and focus on it until success (and eventual market saturation) or you prove it won’t work (pivot). Essentially the reason is that the expertise is vastly different for each and it is hard enough to measure and grow one at a time.

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I am about two thirds of the way finished reading "The Lean Startup" by Eric Ries. I was already coming to some of the same conclusions as part of my thinking and reading on entrepreneurship; his book helped me solidify things and fleshed in more of the details of implementation.

Essentially, starting a business (especially a high tech one) is a crapshoot. You come up with a brilliant idea. Then you make a business plan or strategy that incorporates some large (leaps of faith) and small assumptions about your product, your customers, the market uptake, revenue and profits. When you are […]