AngelBiz commented on the following stories on BizSugar
10 Startup Shortcuts That Will Be Back To Haunt You
"Marty - Excellent article. All of them are really important for any startup founder to watch out for. I particularly like #7. Too many founders think they know it all and forget to listen to others. This can lead to some bad outcomes down the road."The epitome of cheapness
"I think you need to differentiate between cheap product and cheap business. There is always a market for cheap product. Walmart grew so big on the back of selling products cheap. Now obviously, you cannot expect the quality of Nordstrom when buying from Walmart, but there is a segment of population who needs, wants and buys from Walmart. Cheap business on the other hand is a different animal. It is cheap for a reason. If you are willing to spend time, effort and money to fix it and bring up you can probably buy it at the right price and make money. That's what the house flippers do. In short, there is market for both - cheap and quality. You have to pick one. Can't have both."Make a Winning eCommerce Shopping Experience
"David - Nice article. Agree with you completely on focusing on customer experience for ecommerce. No wonder Amazon spends s much time on initiatives like 1-click order, 2 day delivery, etc. More easy you make it for customers to order from you and get right shipment within reasonable time more business you will get from them on a repeated basis. I would also add that you also need to focus on making it easy for your customers to contact you should they have any questions. Multi-channel approach including phone, chat, email will help you."How To Use Social Media to Promote Your Business
"Good suggestions. In general I would add that the success in social media depends on how actively you participate and what value you provide to other participants. If you make it just one way street and bombard everyone with your messages you are not going to succeed."3 Common Small Business Financing Myths Dispelled
"Agree with your assessment. Grants and SBA loans do require you to spend considerable amount of time and effort. At the same time alternate sources of funding such as crowdsourcing and peer to peer lending can provide an avenue to get the funding when other doors are closed."Why Brainstorming Doesn't Work
"While I agree with many of your points I must say there is still value in having brainstorming sessions. It just needs to right framework, right group of people and some structure to ensure some of the pitfalls you mentioned do not arise. Brainstorming is especially useful when you are at an early stage and the field of possible answers is wide open. I have personally participated in some of these sessions and come away with pretty useful list of ideas to pursue. Obviously, you will not end up with fully baked ideas during these sessions and you do need to follow through on those ideas with more independent analysis. "Subscribe
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Should You List Your Prices on Your Website?- Growing Your Biz
"I think it depends on what you are selling. If you are selling commodity products without much differentiation you can publish the price. However, if you are selling high value, differentiated item it is better to talk to potential customer to explain the value provided at that price. Without it there is a danger of them misunderstanding the value and comparing your product / service to others' without proper base."