3 Myths & Productivity

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Ask almost any business owner or professional how they are and the most likely answer you’ll get is “Busy”.  The problem with ‘busy’ is that it doesn’t equate to productive (as in getting the most important things done) – it generally just translates to busy.

Busy makes you feel like you’re getting a lot done. Busy makes it look like you’re getting a lot done. Busy makes you work longer hours…according to a recent Gallup study the average work week is now 47 hours and almost 40% of workers are working more than 50 hours a week (despite the fact that the data clearly shows that longer hours don’t equate to more productivity). Continue reading

CBI Maker Space – What’s Up?

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The Maker Space instructors and volunteers have been working hard to keep up with the arrival of equipment that needs to be assembled and developing projects so that as you take the Safety and Basic Use class for specific equipment, you actually make something to take home with you in the process of your training. Continue reading

Standing Room Only & Hot Fudge Sundaes at CBI Pitch Night!

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Pictured left to right: Holly Hanson (Director Cumberland Business Incubator), Kimberly Williams (Spa Escapes), Ben Ford (Dendrophilia Landscapes), Cathy Kimmerly (OH Fudge!), Stuart Sitton (Select Auto Sales), Allison Crawford (Momentum Behavior Analysis), Jody Franks (Franksarousa Farms), and Facilitator Diane Morey (A to Z Printing)

Congratulations to the entrepreneurs who made their Pitch to the standing-room-only assembled crowd at the Cumberland Business Incubator (CBI) on Monday May 4th. Seven business owners worked on their business concepts for nine weeks utilizing a business model canvas approach called CO.STARTERS in preparation for Pitch Night. Five of the entrepreneurs were intent on growing existing businesses while two were developing brand new businesses. Continue reading

Find the Gap – Part 2

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Architects: What makes a creator an architect? These creators identify openings and as blank-sheet-of-paper builders, they construct solutions from the bottom up. They have the unique ability to see vacancies and envision how separate parts can fit together to form new logical designs. Continue reading

Find the Gap – Part 1

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The Creator’s Code by Amy Wilkinson is based on interviews with 200 entrepreneurs who have started companies that individually generate more than $100 million in annual revenue or social enterprises that serve more than 100,000 people. What the author found was 6 common threads in how they achieved entrepreneurial success.

In each case, the entrepreneurs describe the reason for their work as more than money – their goals were to make a mark on the world. In the 5 years of work the six skills that make creators successful came to light. Creators are not born with an innate ability to conceive and build $100 million enterprises. They work at it. They all share certain fundamental approaches to the act of creation. The skills that make them successful can be learned, practiced, and passed on. Continue reading

Patent Protection??

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The need to protect the inventions and creative work of individuals has been recognized for centuries. The first modern patent was granted in 1421 to Filippo Bruneslleschi by the Republic of Florence for a barge with hoisting gear. Hundreds of years later, the United States Constitution affirmed the importance of protecting “writings and discoveries” in order to “promote the progress of science and the useful arts.” Continue reading

CBI Maker Space “just incredible”

cbi1 Jon Leasure had nowhere to go when he wanted to turn his ideas into something tangible.cbi5

“In my younger years, I fooled around in robotics,” said Leasure, who works for a family owned business in Crossville. “When you get to that point where there is something you need, and you can’t make it, then that’s problematic. With a 3-D printer, for example, I could have made a ton of things.” Continue reading

Why Build a Tinker Space?

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 Grassroots Manufacturing Renaissance Spurs Entrepreneurship

Why is Roane State Community College building a Tinker Space inside the Cumberland Business Incubator?  This article from The Kauffman Foundation by Jonathan Ortmans provides a few answers.  Hint:  A Tinker Space, like the one being developed inside the CBI, is a smaller version of a Makerspace. Continue reading

Sometimes the Answer is in the Question

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INC magazine compiled a list of questions across management thinkers, blogs and business books.  Here are 35 of those questions.  There are 65 more questions available on the Inc.com website.

Questions ignite imagination, avert catastrophes and reveal unexpected paths to growth.  Pose these questions to yourself and your team members.  The right questions require reflection followed by action. Continue reading

Is It Time to Move Your Business Out of the Spare Bedroom?

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I found this article from Doug and Polly White to be right on target.

Moving from a home office, where occupancy costs are effectively zero, to rented space is a big decision.

Obviously, monthly expenses will increase. You’ll have to pay rent. If it’s not included in the rent, you’ll have to cover utility costs. In some circumstances, there may be other monthly fees for services such as cleaning and grounds maintenance. There will also be one-time costs. You may need to hire movers or purchase furniture, office equipment, or phone systems. Continue reading