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Currently browsing posts written in December 2007

The Vital Few (Pareto’s 80/20 Rule)

December 4th, 2007 » Comments (0)

For many events, 80% of the effect is due to 20% of the causes. In the case of a business it’s very likely that 80% of your profits will arise from: 20% of your customers; 20% of your products; 20% of your selling activity. Dramatic improvements can be achieved: Identify the 20% of customers, activities, […]

Dragons’ Den Series 5 Episode 7

December 3rd, 2007 » Comments (5)

This weeks pitches on Dragons’ Den were: Fit-Fur-Life – A treadmill for our furry friends. She was looking for £100K in return for 25% equity. It’s aimed at vets, police and animal trainers for recuperation, although much as I hate to say it I can see a cheaper version selling to lazy people for their […]

December Carnival Of Trust

December 3rd, 2007 » Comments (2)

Welcome to the December Carnival of Trust. The Carnival of Trust is a monthly carnival created by Charles Green, co-author of The Trusted Advisor, which focuses on the topic of building valued relationships with clients. Trust can only be earned, but if you and your business can earn your customers trust then your business will […]

No Needed For An MBA?

December 1st, 2007 » Comments (0)

Rob at BusinessPundit recently asked “Who needs an MBA?” based on an article by the NY Times that refers to The Economist saying: There is a rising reaction against management theory, according to The Economist. A new book by the management expert Gary Hamel, “The Future of Management,” notes that several well-known executives of hot […]