Their business plan: World Qonquest - The challenge: start a business in 48 hours. The winning project goes live this month.
Avid smart phone users often alert their friends to their whereabouts using GPS technology, announcing their entrance into a movie theater or restaurant and posting it on a social networking site. What if that same technology could be turned into a game — perhaps one that allows players to command and conquer various cities around the world?
Engineering a “Muse” – Volume 3: Case Studies of Successful Cash-Flow Businesses – Our own Amy Sandoz of Ready, Set, Go Kits was featured in Tim Ferris’ blog 4-Hour Workweek. Way to go Amy!
One common challenge for readers of The 4-Hour Workweek is the creation of a “muse”: a low-maintenance business that generates significant income. Such a muse is leveraged to finance your ideal lifestyle, which we calculate precisely based on Target Monthly Income (TMI). I’ve received hundreds of successful case studies via e-mail, and more than 1,000 new businesses were created during a recent Shopify competition, but I’ve presented only a handful of them. In this installment, I’ll showcase three diverse muses, including lessons learned, what worked, and what didn’t. Income ranges from $2,500 – $25,000 per month…
When a Groupon Promotion Went Wrong - Groupon can deliver a single business hundreds or even thousands of new customers. Are you ready?
Jessie Burke, the owner of Posies Café in Portland, said her experience with Groupon proved to be too much to handle. Not only did she underestimate the number of shoppers her Groupon promotion might attract, the discount offer itself was too generous.
What did you read this week?