Category: General

Why a New Business Should Focus on Small Customers

  1. A large collection of small customers means that losing a single customer is not devastating to your business.
  2. Building a product to appeal to a wide range of customers within an industry will force you to create broadly appealing features.
  3. Building a product to appeal to a wide range of customers will expose your product to many use cases, and speed future product development through feedback.
  4. Smaller businesses are more likely to provide direct connections to the higher-ups within the company; rather than a part of a bureaucratic chain, you’ll be interacting with someone who genuinely cares for their company.
  5. Interacting with smaller businesses means, largely, interacting with newer businesses, giving you access to and the insights of cutting-edge work.
  6. Interacting with a large number of smaller customers will expose you to a greater number of ways of doing business, making you a better businessperson in the process.
  7. Selling to a larger number of groups will force you to sharpen your pitch, and to really consider your customer’s individual needs and expectations.
  8. Focusing on smaller companies will allow you to remain focused on a particular geographic region, which may be part of your overall vision. Think Local, right?

Why a New Business Should Sell to Enterprise Clients

  1. Enterprise is where the money is: huge companies have huge budgets
  2. One Enterprise client will have your product in the hands of many new users at once, maximizing exposure.
  3. A large user base means a greater amount of data inflow regarding product tweaks, bugs and improvements
  4. You only need a few clients to see significant cash inflow
  5. Enterprise level clients will make you look like a big deal
  6. Given the size of the organizations, it is more likely you already have a connection to the company.
  7. You’ll be bidding against others for the Enterprise pie, and you have to spar with great opponents to become great yourself.

Ways to Improve Cable Companies in the U.S.

1.) A la carte channel buying, or even smaller bundles of channels

2.) More transparent pricing structures

3.) More empowered customer service representatives

4.) Remove confusing bundling of services with unclear time restrictions

5.) Break up regional monopolies

6.) Create publicly funded free-for-all low-speed internet service providers

7.) Eliminate malicious charges (equipment rental, strange fees, etc)

8.) Strip down infrastructure: smaller, regional, specialized companies could offer single service (internet or cable tv) at a lower cost

9.) Provide structure and instructions for customer installation, rather than agent installation

10.) Better integration with online services (Bill Pay as well as entertainment cloud services)

Businesses You Could Start Today for Zero Dollars

1.) Selling goods to be drop-shipped

2.) Consulting with small businesses re: using BitCoin

3.) Use craigslist and eBay to help businesses price goods and services

4.) Resume and cover letter review and advising

5.) Create a service that connects financial advisors with interested parties

6.) Create a service that connects academics to profitable side ventures

7.) Compile publicly available data into useable databases; sell access

8.) Perform social media audits and consultations for individuals and businesses

How to Mentally Prepare for Being a Father

  1. Talk to as many fathers as you can. Ask them lots of questions.
  2. Use Google to find out what books the hive mind recommends. Read these books.
  3. Lurk http://www.reddit.com/r/daddit
  4. Think about what kind of father you want to be.
  5. Talk about it with your SO; they probably have an opinion on the matter.
  6. Meditate, stay calm, mind like water.
  7. Use a list to desperately cling to the insane belief that you might be prepared.