by Jerry Vance | Mar 18, 2015 | Uncategorized
Recognizing synergies can make a remarkable difference for your business. The idea behind synergy is that one plus one no longer equals two, but now equals three or more. You’ll also hear the economic term “economies of scale,” which happens when potential output... by Jerry Vance | Mar 18, 2015 | Uncategorized
The Oracle of Omaha and CEO of holding company Berkshire Hathaway has been observed and idolized perhaps more than anyone in the finance community. With an average annual return of 19% over the Treasury rate and a personal sharpe ratio that is higher than all U.S.... by Jerry Vance | Mar 6, 2015 | Uncategorized
About a year ago I asked the founder of a very successful start-up in Utah how he had positioned his company in comparison to the competition. His response was instructive; he said that they hadn’t focused on the competition much at all, but on the value their... by Jerry Vance | Mar 6, 2015 | Uncategorized
A recent Stanford Business School journal article points out the importance of a good management team to investors, “Venture capitalists consistently emphasize the importance of the management team in an entrepreneurial venture and focus much of their due diligence on... by Jerry Vance | Mar 6, 2015 | Uncategorized
Google’s Policies Google’s business model has hinged on their ability to constantly innovate. When Larry Page and Sergey Brin founded the tech company, they noticed that their best ideas didn’t come as they worked hours and hours alone at the desks, but as they talked... by Jerry Vance | Feb 18, 2015 | Uncategorized
A mission statement is a formal summary of the aims and values of a company, organization, or individual. Think of your mission statement as your business model, summarized into a few sentences. Anyone can write something down and title it their mission statement, but...
