The foundation of the widget based business, whether the widgets are medical devices, consumer products or packaged foods, is the Cost of Goods (COG). Every decision that is ever made in the business is built on the fundamental knowledge of “what does it cost completely, to make one selling item”.
ReadTo be an entrepreneur, have enough conviction to go through the tedious setup steps, create promotional materials or products, bank accounts, email accounts, etc, is to wear many, many hats. Administrative, financial planner, designer, marketer, sales person and plenty of others. That effort and capability develops a certain understandable confidence that the entrepreneur can do … Continue reading The Entrepreneur’s Dilemma
ReadA couple of weeks ago I reconnected with a friend from high school and provided the life summary to date thing we all do now. In her response she commented it must be hard work getting a business launched. It has stuck with me for some weeks now because, having launched a few businesses in … Continue reading Starting a business is easy; Aligning the goals so they create a path, not so much
Read