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Friday, January 30, 2015

How History and Adversity Pushed an Entrepreneur to Shark Tank Success - Entrepreneur.com - John Brubaker -- 1. Simple is powerful. The Chord Buddy product itself is a great metaphor for entrepreneurship. Regardless of the complexity or failure rate of the endeavor, if you can break it down into systematic, simple, doable steps you will be successful. 2. Our goals need to stretch our comfort zones, but not our bandwidth. Perry had an initial run of 5,000 units produced and was hoping to sell 1,000. He wound up selling 12,000 in the first month, making $175,000 on the first night his Shark Tank episode aired. Expand your capacity along with your growth goals. His web host couldn’t accommodate all the traffic and they had to hustle to upgrade.

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http://www.entrepreneur.com/article/242002




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