The Entrepreneur's Bible: Business at its Best

It’s No Longer How to Start but Where to Start

This week Shahab Kaviani, CEO of CoFoundersLab, wrote a great post about how the startup ecosystem has come together to provide aspiring entrepreneurs with an enormous amount resources.

The question Kaviani gets most often is no longer how to start but where to start.

So the team at CoFoundersLab put together “Startup Land.” Remember the board game Candy Land? Instead of a path through the Peppermint Forest and Gum Mountains, they have created a guide for entrepreneurs to help them get from idea to launch.

Read the full post and view the infographic here.

 

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Lean Office 5S with a Twist

Is your email inbox jammed with unread emails, overdue actions, unanswered or missing communications?  Your email folders burdensome, cluttered complicated and confusing?

This clutter robs you of productivity, decreases business agility, and manifests as stress and overwhelm, as well as many hours outside of work scrambling to clean up or stay ahead.

By following a profound yet simple Japanese philosophy known as 5S, you’ll become better organized and as a result will increase your productivity.

5S is a philosophy based on five Japanese words that begin with the letter  ‘s’ which have been translated to English words that retain their original intent.

 

1.       Sort (Seri) – When in doubt move it out. Go through everything in the inbox and only keep what’s necessary and relevant to work….store or discard the rest.
2.      Set (Seiton) – Assign a location for every remaining communication; action related, project related, delegated, reference, etc. Keep communications you access frequently in a manner where you don’t expend unnecessary time retrieving them.
3.      Shine (Seiso) – Delve a bit deeper into your email processing habits and your workflow management.  Up the ante so to speak in regards to the email you save, naming conventions, labels, and folder hierarchies.
4.      Standardize (Seiketsu) – Apply a consistent approach and methodology to email management, both for the email you send and the email you receive. Set aside time in your day or week to keep the inbox and related folders clean and clutter free. Clear the clutter of incoming email and begin the next workday organized.
5.      Sustain (Shitsuke) – Integrate control’s to make sure you don’t slowly fall back into old habits of communications accruing and unattended to in the inbox.

 

This methodology has been proven in all areas of the manufacturing industry, health industry, government and business office in application to physical clutter, but is equally effective with digital clutter and the email inbox.  Looking for a place to get started?  Check out this acclaimed course: 5S Your Email & Get Out From Under Your Inbox.

Kind Regards,

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Tracy Parks, Certified Productive Environment Specialist and CEO of Simplicated

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Get to Know a Portfolio Company: Point Click Switch

PointClickSwitchLogo

“Opportunity is missed by most people because it is dressed in overalls and looks like work.”
- Thomas A. Edison

This quote, a favourite of Founder & CEO Phil Croskey, brilliantly sums up his team’s approach in developing Point Click Switch. Phil, along with partners Paul Clary and Jason Schwartzberg, founded the company (officially Maryland Energy Advisors, LLC) in 2010, realizing an opportunity to improve the way households and businesses select their energy providers.

Based in Baltimore, Phil and team saw an opportunity in their home state of Maryland and hit the ground running with it. Ten years after deregulating its energy industry, only 5% of Maryland’s residents had taken advantage of their choice to switch energy providers; since Point Click Switch launched, that number has grown to over 20%. Point Click Switch operates as an energy broker, allowing households and businesses to comparison shop between providers, and helping them make the switch to a lower-cost provider, saving money. This service is monetized by charging providers a fee for every new customer that makes the switch.

Point Click Switch currently operates in Maryland and Illinois but has plans for further expansion soon; there are 18 states in the US that allow residents to choose their energy provider, affording the highly-driven startup plenty of room to grow. 2013 poses to be an interesting year for the venture as it steps-up marketing efforts and looks to expand to new regions. One thing’s for sure, as new opportunities present themselves the team at Point Click Switch will be ready to act.

Find Point Click Switch on:

Facebook    |      Twitter     |      Blog

About the Author: Sami Amad
Sami is a Portfolio Analyst at Wasabi Ventures.

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Get to Know a Portfolio Company: Mosaic

Mosaic

Mosaic was founded by prosumer photographers Andy and Gerard in 2010 because they were frustrated with the existing options for managing their photos. Andy and Gerard are on a mission to make digital asset management easier for photographers, while enabling the anywhere access that we have come to expect.

Mosaic is located in the beautiful state of New Hampshire where Andy and Gerard met over 20 years ago. They were inspired to create Mosaic by their passion for photography and the frustration they experienced when trying to organize photos. Therefore, Mosaic was born, to allow photographers easy access to backed photos that are clearly organized. The tedious nature of technical work that goes into creating the ideal photograph is one well known by photographers and Mosaic helps facilitate this process with the use of their Lightroom app that can be accessed anywhere with your smartphone or tablet. The app helps simplify photo editing into a clear and organized manner while allowing you to have your photos in your pocket to enjoy with your friends, family, or clients. When Andy and Gerard first began Mosaic their mission was simple, to allow photographers to enjoy their photographs more, and it is safe to say they have achieved this and much more.

Find Mosaic on

Facebook    |    Twitter   |    Google+   |    Pinterest

About the Author: Luke Johnson

Luke is a Junior Portfolio Analyst for Wasabi Ventures.

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