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Archive for the ‘Entrepreneurship’ Category

Sow Value, Reap Value

May 21st, 2009

This is a business model worth pursuing. If your main thrust is to add value to your customers, in the long run, these will  create more value to your business.

Add Value

The main reason why you are or you will be in business is to create wealth not only for yourself, but to other people  too– (would be) employees, suppliers and customers included.  To achieve this, you must add value to your product. When customers purchase your product or services, what else do they get?

Illustration: Every school year, we are securing the services of a school bus. The expected end result is to just bring our kids to school and back home. However, our school bus operator does more than that. He sometimes act as nanny in extreme situations, does errand jobs and generally takes care of the welfare of our kids. That’s value for money. So when he requests for increase in payment, we do not grumble and look for other other service provider.

Sustainability

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Sonnie Entrepreneurship

When Great Dream Shows Up, Grab It– Larry Page

May 4th, 2009

Here’s the video of Larry Page, Google’s (co) founder, while delivering his inspirational speech at the commencement ceremony of University of Michigan. Full transcript of the speech is available at Google Press Center

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Sonnie Entrepreneurship

Nurture That Idea

April 27th, 2009

“A small idea can be the seed of a big business venture.”
–NELSON YUVILLA, Philtec Label Corp.–

What makes an entrepreneur different from ordinary 8-5 guy?

They are full of ideas, and many have thought their ideas are outright dumb and nonsense until it becomes a source of wealth.

When entrepreneurs look at a situation, they find a need. And from that unmet need, an idea will emerge that will eventually produce wealth.

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Sonnie Entrepreneurship