The Business Valuation Scale

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If you are a typical business owner, whether you plan for it to happen in the next year or 20 years from now, at some point you are going to either sell, transition, or simply shut down your business.  If you plan to sell or transition your business one day, you should understand how the Business Valuation Scale works. Continue reading

Campers Everywhere!

MAKE Camp 2016 CollageThe Cumberland Business Incubator was full of young life last week. We hosted two different youth camps – Make Camp, our 3rd annual week long camp, and Maker Girl, a special 3D printing camp for 1st grade to 6th grade girls. Continue reading

Center for Lifelong Learning

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Welcome to the Center for Lifelong Learning on the Roane State Community College campus! I continue to be impressed when I speak to people and learn what they have done in their lives. Since many amazing people in our area have a wealth of knowledge and are willing to share what they know, we have formed the Center for Lifelong Learning. This is a volunteer based organization. Those with the knowledge will share what they know with the rest of us. Most programs will be appropriate for anyone interested in learning from age 9 to 99. Continue reading

Completion!

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There are really only four ways to “do” something: completion, deletion, delegation, and deferment.

Completion– doing the task – is the option most people think about. If you keep a to-do list, you’re probably assuming that those tasks are all your responsibility to get done. That’s not quite true – completion is best for important tasks that only you can do particularly well. Everything else can be handled in another manner. Continue reading

Entrepreneurs Among Our Founding Fathers

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We all think about Thomas Jefferson and Benjamin Franklin being true entrepreneurs before the word was even in use. But what about the other Founding Fathers?

In an 1829 book, Lives of the Signers to the Declaration of Independence by Rev. Charles A. Goodrich we learn more. As it turns out, most of those who signed the Declaration of Independence were entrepreneurs. Continue reading

A Test: Take a Vacation!

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On a bicycle wheel the hub and spokes are critical components, though one is clearly more significant than the other. If one spoke breaks, the bike will still function, but if the hub fails, it’s all over. The ability for the wheel to spin is dependent on the hub. Continue reading

MakerGirl Comes to the CBI!

Calling all 1st – 6th Grade Girls

A group of students from University of Illinois are touring the country this summer with MakerGirl Mobile with a mission to encourage young girls to become leaders in Science, Technology, Engineering and Math (STEM) fields through 3D printing. Roane State Community College’s Cumberland Business Incubator will be hosting the group on July 15th. Registration is limited to 20 girls from 1st through 6th grade. Continue reading

Helping Veteran Dreams Come True

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Memorial Day, a time to honor all vets. Did you know that Cumberland County has one of the highest concentration of veterans in the 95 counties of Tennessee? Continue reading

Maker Space Volunteer Highlight: Paul Falk

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Paul Falk worked for nearly 40 years with GE. He worked with the fabrication, design and packaging of high reliability electronics primarily for bio-medical and spacecraft applications. Most notable projects that Paul worked on include participation on spacecraft teams that were first to land on an asteroid, the first to orbit Mercury and a flyby of Pluto. If you saw the photos sent back to earth from Pluto, Paul played a part in developing the equipment! Continue reading

6 Secret Questions Successful Entrepreneurs Ask Themselves

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Want to become a successful entrepreneur? My friend Joe Kapp suggests the following:

Change your mindset and start thinking like a successful entrepreneur by asking these six secret questions they ask themselves!

Based in part on research by Dr Saras Sarasvathy, a professor at the University of Virginia, the following common themes emerged after interviewing successful serial entrepreneurs of companies worth $200 million to $6.5 billion. This set of questions, adapted from her research, outline how budding entrepreneurs can use entrepreneurial thinking to increase the likelihood their new endeavor has the best possible chance for success. Continue reading