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Bet the farm only when the crops are on fire!

Berkonomics

Occasionally, a CEO must make a decision that commits all the corporate resources to a successful outcome. Some were complete failures, such as GM’s emphasis upon design and production of larger cars and truck chassis SUV’s even as consumers were voting with dollars for smaller, fuel efficient cars from foreign manufacturers.

Resource 156
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Entrepreneurs: Employment law is not on your side!  

Berkonomics

A punch in the gut Small companies most often scrape by with borrowed or invested funds, doing everything possible to grow and prosper with limited resources. Almost all laws dealing with employment are designed to protect the employee, not the company. He sued for age discrimination and was awarded $500,000 for his efforts.

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Planetary Resources Taps NASA JPL Talent

socalTECH

Planetary Resources , the space asteroid mining venture co-founded by Peter Diamandis, has quietly been tapping talent from Pasadena's NASA Jet Propulsion Laboratory, according to an email from Diamandis sent to backers of the company.

Resource 157
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7 Critical Resources For A Thriving Startup Community

Startup Professionals Musings

It may not seem fair, but passion and commitment alone are not enough to make your startup successful – every business needs critical resources and favorable location-specific conditions. Many of you are convinced that it’s all about finding investors, but my experience indicates that the critical resources needed go far beyond money.

Resource 131
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Workpop: Using UX And Design To Power The Next Career Site

socalTECH

Online job and career sites still seem to be in another decade, when it comes to both design--and user friendliness. Can a startup gain a foothold in the competitive market by designing the right UX and user experience to make a job and career site for everyone? Starting on the employer side first, we put a big emphasis on design.

Design 174
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Most Startups Should be Deer Hunters

Both Sides of the Table

Initially as a systems designer and programmer and post MBA as a strategy consultant. It soaked up all of our development resources and didn’t allow us to focus on what we felt our company strategy was. I watched the first two of these customers consume significant portions of our internal programming resources.

Startup 389
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Why Your Startup Needs a Sales Methodology

Both Sides of the Table

It’s what I call “ the evangelical phase ” of a company in which you’re out trying to persuade customers that a product you’ve designed is going to meet their needs better than other solutions on the market. Or perhaps your customer is in a budget freeze or the key resource who was allocated to lead your project has just resigned.

Sales 393