The pace of change in the marketplace can be downright overwhelming. We’re talking technological changes disrupting industries, economic highs and lows and ever-rising customer expectations. Entire industries, such as taxis, didn’t see it coming and were clobbered. How do companies compete with all this market change and digital transformation seemingly […]
Strategy
Heiga Studios finds the formula for success as a one-stop-shop for recording artists and companies
The story of Heiga Studios started in a garage, back in Malury Imbernon’s home country of Venezuela in 1998. After high school, Imbernon went to a recording school – she was the only female in her class — and after an internship at a large recording studio there she started […]
3 models of entrepreneurship: Why Unicorn-Builders do better than Unicorn-Starters
By Dileep Rao – Guest Contributor The conventional wisdom is that there are two kinds of entrepreneurs: · Small-Midsized Business Owners (SMB): They comprise the bulk of entrepreneurs · Unicorn-Starters (U-Starters): This type uses the Silicon-Valley-style venture-development method to build a unicorn with capital-as-a-weapon. It seeks first-mover ideas, minimum viable products (MVP), product-market combinations, angel […]
Despite warnings of increased cyber risk, small businesses aren’t prepared for an attack. We have some tips
Since Russia invaded Ukraine, the US government has warned that cyber attacks are much more likely. Yet, according to a new survey, small business owners are not more concerned or prepared for a cyber attack than they were a year ago. The CNBC|SurveyMonkey Small Business Survey polls over than 2,000 […]
These Turkish food entrepreneurs turn up the heat with doner kebap that’s ready to eat
If you haven’t tried a delightful Turkish doner kebap yet, you will soon, if entrepreneur Ongun Kocabas has anything to say about it. Ongun, born and raised in Turkey was always inspired by his father, a successful business owner in the food manufacturing industry. After Ongun studied economics in Turkey, […]
7 steps to business reinvention: Let’s do this.
Adriana Madrinan, a consultant at Florida SBDC at FIU who specializes in growth strategy, business models and innovation, said she started talking about reinvention at the beginning of the pandemic, and two years later “we are still talking about it.” As an SBDC consultant, she still gets as many questions about pivoting […]
Nuvola’s technology helps the world’s hotels run smoothly
The last time you stayed at a hotel, you may have received a text from the property asking if you had any special requests before checking in. Want a dinner reservation or theatre tickets? They could help with that – no phone call required. Then while you were there, an […]
Dessert? Yes, please! Miami Foods is expanding and modernizing but its Latin treats are created the old-fashioned way
There’s just something special about the traditional ways of the Latin bakery. Jose Fernandes bought Miami Foods, an industrial bakery and distributor, in 2015. At the time, the company founded in 2004 was selling mainly imported cheese, Latin cream cheese and yogurt, but he quickly converted it over to entirely […]
Why 99.98% of entrepreneurs benefit more from ‘Maximum Potential Strategy’ Than MVP
By Dileep Rao – Guest Contributor The current thinking in high-potential venture development, and what many business schools teach, is mainly focused on the opportunity and venture capital method. This thinking has popularized pitch competitions and led to the concept of the minimum viable product (MVP). When strategy is considered, […]
How do you create strategic growth? We have some advice on that.
Why is business growth seemingly more and more difficult to achieve? There’s no question companies are facing internal and external pressures more frequently than ever before, with the pace of technological change and competitive pressures, but a company’s growth doesn’t happen by accident. One reason may be the way you […]