chuan There’s a term that I keep coming across: ‘magical thinking’. Original articles here: (i)Â How to Avoid Delusional Thinking in Start-up Growth Strategy (ii)Â Why It’s Better to Have a System Than a Goal It reaffirms my believe about projections and forecasts- the overly optimistic types. It goes something like, “If we just get 1% share of … Read more
A close friend’s mother recently passed away due to dengue fever. There are friends who I know personally admitted to hospital due to dengue. Too many reports of dengue cases, and all these incidents are directly from the people I know. The regularity of these dengue reports are frightening. At this rate, I really think … Read more
Great insights into funding, startup cultures and finding your competitive advantages.
At Twelve Volts Technologies, we bootstrapped from Day One. And if you’ve any experience with bootstrapping, you would understand the crazy hours and insane amount of coffee. All efforts were focused on survival. And then the storms and blizzard began to calm. The burn-out is real. And for a long time, there’s finally some room … Read more
If you’ve been a seller on eBay for some years, you would have experienced eBay’s notoriety in protecting their buyers, often at the expenses of the sellers. Not only that, policies and algorithms changes in eBay has always been kept secret and it’s always up to the sellers to figure out before their sales vanish … Read more
Both activities get products into your store. One should be automated, the other one needs a bit more intervention from you. Purchasing is a formula built using a few variables- stock status, historical purchase, sale’s growth (or decline) etc. You should have a system that tells you this automatically. Your time is better spent elsewhere. … Read more