Posts Tagged ‘entrepreneur’
two cents: Richard Branson did it. why can’t I?
Sir Richard Branson, founder of the Virgin empire, is known for his “Screw it, let’s do it” decision making policy and Virgin is a very successful company. So, why do many entrepreneurs and companies fail when they do the same?
If you were a dedicated professional athlete who failed to score in your last two games, does that make you a failure? Not in my book. Failure is nothing more than a lesson on what not to do again, if you have the right attitude. Virgin had their fair share of such lessons; Virgin Brides, Virgin Flowers, Virgin Cola, Virgin Comics, and the list goes on. All of these businesses cease to exist. Does that mean the Virgin Group is not successful?
Posted in general, on management, strategic therapy, two cents | 
Tags: CEO, Einstein, entrepreneur, failure, planning, Richard Branson, Virgin, Virgin Brides | 
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two cents: new franchise.
location ‘unknown’
My partners and I want to bring a Smoothies & Sandwiches franchise to Kuwait, but not sure on location. A mall brings in traffic, but rent is expensive and competition is intense. What if we follow the ‘Blue Ocean Strategy’ and open it away from competition to gain competitive advantage? What are your thoughts on that?
Posted in general, on management, on marketing, strategic therapy, two cents |
Tags: competition, entrepreneur, franchise, Kuwait, location, London, mall, retail, smoothies |
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