Category Archives: Innovation & Entrepreneurship

Strengths, Weaknesses, Opportunities, and Threats (SWOT) in the University Publishing Industry

During our SWOT mastermind discussion in Philadelphia, we shared common industry issues that challenge how we operate a university press. The Strengths of the SWOT analysis centered on peer review, curation, and scholarship, as well as data handling and project management. The Weaknesses and Threats, outlined below, seemed manageable. Many of us have been dealing…
Read more

What Crowdfunding’s $34 Billion Leadership Means for You

When crowdfunding first appeared on our entrepreneurial ecosystem radar in the early 2000s, it was mostly for musicians and artists. Back then, I wrote crowdfunding off as serious equity investing, since technically it was a violation of the Securities and Exchange Act of 1934. Years passed, and the legislation that I anticipated would squash crowdfunding…
Read more

Camp Bonfire: From a Dream of Summer Camp for Adults to a Thriving Business…

Jacob Winterstein and his partner founded Camp Bonfire (http://campbonfire.com/ ) in 2015 to provide affordable adult summer camps enabling grownups to relax wholesomely with nature. Before committing to the business, Jacob wrote his business plan in The Wharton Small Business Development Center’s Strategic Business Planning (SBP) workshop with Instructor John McAdam in late 2014.  Equipped…
Read more

How to Manage Your Lawyer

How to Manage Your Lawyer Eventually we all need legal advice in business with key legal areas. When your first form or acquire your business, you should have counsel review all documents to represent your best interests. When key contracts arise with customers, suppliers, employees, investors or new partners, you need legal counsel. Basically, any…
Read more

5 Disasters for Your Small Business to Avoid

5 Disasters for Your Small Business to Avoid Whether you’re operating a start-up or an established business, the small-business world can quickly become a minefield. Briefly, let’s review the more common types of business disasters faced by entrepreneurs and small business owners today. Neglecting your marketing and letting your new-customer pipeline run dry If you…
Read more

Does Your Value Proposition Need a Checkup?

Does Your Value Proposition Need a Checkup? First of all, Investopedia defines value proposition as “a business or marketing statement that summarizes why a consumer should buy a product or use a service. This statement should convince a potential consumer that one particular product or service will add more value or better solve a problem…
Read more

Tips for Working with Angry Business Partners

Tips for Working with Angry Business Partners Did you ever have to work with a person that you were mad at? Years ago, I heard men threaten to take their problem outside at work, and on occasion I've heard women literally scream at each other in the office. But that was a long time ago.…
Read more

Planning in the Past, Present and Future

Planning in the Past, Present and Future After teaching a recent business planning workshop, I noticed something different about the business plan drafts written by these entrepreneurs—other than the fact that most of them were already in business. One group of people wrote plans that were almost entirely about doing business in the future. While…
Read more

Should I Hire An Assistant?

Should I Hire An Assistant? Do you ever get through your day and think, “I could have gotten so much more done today if I had an assistant? I feel so unproductive.” How about when you look at your to-do list and feel like you could definitely leverage your time better? How can you tell…
Read more

Time Management for Business Owners

Time Management for Business Owners Did you ever finish your workday and wonder, “What happened to my time? Where did it go?” One of the hardest parts about being a small business owner is to manage you. We often ignore managing ourselves. Let’s face it; one of the reasons many of us own small businesses…
Read more