I am sitting on a bus. No, I didn’t go back to school…and I am not on my way to the state pen. I write to you with love from a BOLT BUS, traveling from Washington, DC to New York City. I have spent the last 7 days in Washington, DC on business. After attending […]
Category: Entrepreneurship
A Red Letter Day
As I look back upon my life 5 or 10 years from now, I will probably reflect on today (Tuesday, November 10, 2009) as being one of the most significant. Surprisingly, today had nothing to do with my business. I didn’t get married or engaged. My alma mater didn’t win a championship. Today, I accepted […]
Learning Micro-Capital in South America
This week I depart for South America. Specifically, I will visit the cities of Lima, Iquitos, and Cuzco in the Republic of Peru. The origins of this trip began from what was a casual lunch time conversation last November. My friend and fellow Rotarian Todd Garrett was telling me of a micro lending enterprise he […]
How a $12,000 Customer Was Lost Over a Measly $40
If you are an enlightened entrepreneur and you don’t know what LCV, listen up, because this will have a BIG impact on your business. LCV, or Lifetime Client Value, is the calculation of the total dollar value an individual client has contributed to your business over the life of your relationship with that individual/organization. As […]
How to Right Your Ship When Things Go Wrong
I had dinner last night with an entrepreneur friend. This friend, a real estate entrepreneur, had a business that was flying high just a year or two ago. Over the past 12 months he and his business have hit rock bottom. The meal was supposed to be somewhat of an intervention, with me doing a […]
No Pain, No Gain
I remember when I was a kid in scouts (I am an Eagle Scout) my backpacking group had t-shirts that read “that which does not kill us, only makes us stronger.” Looking back, it becomes more apparent to me every day that scouts taught me much more about life than I ever thought. Fast forward […]