|
|
|
How a Business Analyst can Support a Lean Startup |
 |
 |
 |
|
Written by Christopher Mance II
|
|
Tuesday, 07 February 2012 13:35 |
|
This week I completed reading The Lean Startup by Eric Ries. Without a doubt, this book is a must read for all entrepreneurs and business leaders. The real gem of this book is Eric Ries’ formula for launching a startup: build ⇒ measure ⇒ learn, which he calls the “feedback loop.” Ries details each aspect of the feedback loop, but it is clear that “learn” is the key variable of the formula. According to The Lean Startup methodology, “learning is the essential unit of progress for startups. Any effort that is not absolutely necessary for learning what customers want, can be eliminated.”
|
|
5 highlights from Product Camp Atlanta that made it worth missing SEC football |
|
|
|
|
Written by Christopher Mance II
|
|
Saturday, 10 September 2011 21:30 |
|
In early September, I love to spend my Saturdays watching SEC football. In fact, there are only a few activities I enjoy more, and one of those activities is seizing opportunities to build quality professional relationships and continue my professional development. That’s why today’s Product Camp Atlanta (PCamp) serendipitously managed to leapfrog the Auburn/Miss St, Alabama/Penn State plus the start of the Georgia/South Carolina game.
Needless to say, my expectation of PCamp was high. Fortunately, the experience didn’t disappoint (unlike Penn State, Mississippi, and Georgia). Today’s PCamp was jammed packed with powerful information and inspiring people. As a matter of fact, I took away at least 15 new insights I would like to share, but since it’s a football Saturday, in typical ESPN fashion I will only provide my top 5 highlights…
|
|
|
Four Tony Dungy leadership quotes all start-up founders should live by |
|
|
|
|
Written by Christopher Mance II
|
|
Saturday, 01 October 2011 10:58 |
|
It’s been almost a year since I read Tony Dungy’s book “The Mentor Leader.” It’s the type of book that immediately inspires you to take action. I made several immediate changes in my life based on his very sensible perspective on mentor leadership. Tony Dungy laid out this perspective using practical examples from his life, which made it easy for me to apply. Not so coincidently, shortly after I finished this book, I began evaluating my life and career and as a result began using my nights and weekends to turn a product I invented years before into the foundation of a tech start-up.
|
|
Why you need to add some Coca-Cola Syrup to your Business Model |
|
|
|
|
Written by Christopher Mance II
|
|
Saturday, 11 June 2011 09:54 |
Our Company markets, manufactures and sells:
- beverage concentrates, sometimes referred to as ‘‘beverage bases,’’ and syrups, including fountain syrups (we refer to this part of our business as our ‘‘concentrate business’’ or ‘‘concentrate operations’’); and
- finished sparkling and still beverages (we refer to this part of our business as our ‘‘finished products business’’ or ‘‘finished products operations’’).
Generally, finished products operations generate higher net operating revenues but lower gross profit margins than concentrate operations.
The quote above is cited from page 3 of Coca-Cola’s 2010 Annual Report on Form 10-K filled with the SEC on 02/28/11. This text is referenced within their 10k document at least 10 times to explain the impact of various business decisions made throughout the year on Coca-Cola’s gross profit margins. With that said, Coca-Cola makes it very clear that the difference between the concentration business and their finished products business is a significant aspect of their business model. Entrepreneurs take heed.
|
|
|
|
|
<< Start < Prev 1 2 3 4 Next > End >>
|
|
Page 1 of 4 |
