We get some funny looks from some of the visitors to our house. They are surprised to find our living room floor covered with taped up old cardboard boxes. The boxes are great, our son enjoys playing in and around them, pulling himself up on them and his dad (that’s me) really enjoys building a [...]

As part of your market strategy formulation process, one of the most important factors is deciding on what direction to take with regard to products and markets. The Product / Market Growth Matrix, developed by H. Igor Ansoff, is a handy tool for thinking about this situation.

The matrix shows the major choices that a company [...]

Scott Shane asks What Should MBA Programs Teach Aspiring Entrepreneurs? The university that he teaches at is currently redesigning the their MBA and Scott would like to see them add an entrepreneurship track that teaches students what entrepreneurs think that a person should learn in an MBA program. So he asks:

Should an entrepreneurship program teach [...]

Watching the programme “Lying For A Job” the other day I learned about a former taxi driver and waiter Barian Baluchi, who apparently made more than £1m by passing himself off as a medical professor and consultant psychiatrist. Donald Johnston posed as a qualified driving instructor after being jailed for claiming to be a qualified [...]

Recently I’ve been starting to wonder if the Internet is such a good idea. Sure I love that it makes it easy to find out just about anything I could ever want to know. It’s great that SMEs can find hundreds of competitively priced freelancers world wide. The problem however, is that as a result [...]

When I was let go at age 46 from the firm I was with, I calculated that at my age and income level any new employer would expect me to deliver new business to the firm quickly. If I didn’t I wouldn’t last long. If I did bring in a lot of business, however, the [...]