Innovation and Entrepreneurship
by Paul Mobley, MBA
From the monthly archives:
Advanta has announced that they will be no longer offering small business credit cards. With only 3 days of warning they have indicated via e-mail and on their website they are no longer able to fund activity due to their own financing problems. Small Business owners have appreciated the focus that Advanta has given them. [...]
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Back in August 2008 I wrote an article about Pandora. I mentioned that while the service was currently free they would likely go to a subscription format in the future. That day has arrived. (insert I told you so). You can now subscribe to Pandora for $36/year and enjoy an ad-free experience. Previously they only [...]
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Coldplay :: Good Idea – Provide a free album as a thank you to the fans. Coldplay :: Bad Idea – Failure to test your system. Online album unavailable due to a technical glitch. It’s a wonderful idea to give a free album every once and a while. However, you need to test the system [...]
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Wouldn’t it be nice if there was a FICO for your small business? Judging personal credit is easy. You just look at the FICO scores from the three credit agencies and see how you stack up to the statistical average. What if that existed for small business. A FICO type score that took into consideration [...]
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Do you have a process for identifying unexpected success? Are you surprised when your business is generating sales in markets different than you had intended? Many web-based business have done a good job of implementing analytics that allow them to modify their approach and maximize profitability. Unfortunately, in other businesses the same feedback mechanisms don’t [...]
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