E-M8 Entrepreneurial Management for Eternal Mission

Discovering purpose through engaging in business, exploring the disciplines required for purposeful business.

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Entries from September 2008

Google’s Challenge (and American Express as well)

September 27th, 2008 · 1 Comment

10^100 has got me interested. It is one of the most publicized and advertized grant requests, that is sure to have thousands competing for it. I might just enter the competition myself. After all helping small businesses get started reduces poverty, challenges tyrannys, advances sustainability and generally makes the world a better place.
My thinking is [...]

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Tags: 1. Entrepreneurial Management · Innovation

Post modern community

September 21st, 2008 · No Comments

Back in the olden days location defined community. Yet, today I find myself having friends all over the world. With the advent of Internet, discounter airlines and ubiquitus cell phones, it seems that location has less and less hold on the boundaries of community. Yet, we need a community. Some find it in belonging to [...]

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Tags: 1. Entrepreneurial Management

Can’t seem to give it away

September 21st, 2008 · No Comments

Context is everything. Everything that is worth a lot in one context, cannot even be given away for free in another. Take business training for example: In a college setting people gladly pay between $40,000 and $80,000 to receive an education; on the other hand, free business seminars go unattended. People pay thousands of dollars [...]

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Tags: 1. Entrepreneurial Management

Aldi’s secret strategy

September 14th, 2008 · No Comments

When the owners of premier food chain in Germany decided to expand in US, they did something brilliant. They started a whole new company that is at the bottom of the market and has a tremendous opportunity for growth. Aldi’s thought through every aspect of store operation and by single minded focus on reducing costs [...]

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Tags: 1. Entrepreneurial Management · 4. Effective Method · 5. Expanding Market

How Walmart succeeded where Harley failed

September 6th, 2008 · No Comments

A company I like a lot, Harley Davidson failed where Walmart a company that I don’t particularly care for succeeded. 
Harley was faced with the problem of being pigeon holed in to one market (albeit a large one). To combat that Harley Davidson has diverted some of its effort in to developing Buell. Great move. Harley did [...]

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Tags: 5. Expanding Market