Is there an opportunity in your domain expertise?

Street Art, Buenos Aires
Street Art, Buenos Aires (Photo credit: Wikipedia)

A young graffiti artist spent a lot of time after he matriculated skateboarding and doing graffiti after hours in the dark. This was his passion and he enjoyed it thoroughly. It wasn’t too long before he went to America and learnt from some top graffiti artists there but also learnt about specialised spray-painting methods. He’s come back and now is running his small business doing a new kind of graphic design that sets himself apart from all the graphic designers that are churned out from high-charging colleges.

A young woman, a successful model, in Srilanka started selling personal care products and later garments from a factory because her father had encouraged her to become a business person. One day while she was selling garments from the back of her blue station wagon she came up with an idea to come up with her garment range. Several years later her fashion house is one of the top such companies in Srilanka and is listed on the stock exchange. Continue reading “Is there an opportunity in your domain expertise?”

Before you knock the giant businesses, take a look at your own

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You get a lot of this big business bashing from people who should know better. One guy comes to mind. He sold his business to a big company. But he keeps knocking them because of some due diligence they did after he was paid out. I’m surprised he does this. They paid him millions and set him up for life.

The thing is, it’s no use criticising the large businesses without understanding them. You can be as “unconventional” as you like but you really need to know how big businesses operate, their strengths and weaknesses to find the gap for your small business. Continue reading “Before you knock the giant businesses, take a look at your own”