By Fan Bi | February 24, 2011
Marketing is a tricky issue, especially when you’re a bootstrapped company, low on capital and with weak cash flow. You have to be especially careful with how you are spending your money and that each cost is justified or that there is a reasonable ROI for everything you do. We recently spend our largest marketing…
Posted In Living Entrepreneurship Blog
By Fan Bi | February 11, 2011
After 15 months of the team always being remote to some extent, it’s been a revelation, even though things have been working out well, that we need to stick together. After touting how great remote operations work, for a business to grow, being completely remote just isn’t an ideal solution. As your business is scaling,…
Posted In Living Entrepreneurship Blog
By Fan Bi | January 7, 2011
Drive More Traffic To Your Website With Social Media Starting a new business with the internet as your shopfront means competing with many other online businesses, but it also means that you have access to much more free traffic than you could ever hope for. To get that free traffic, online start-ups might want to…
Posted In Living Entrepreneurship Blog
By Fan Bi | December 20, 2010
So, after a year’s worth of trial-and-error, more error-than-trial, we’ve learned a ton about how to properly build our web business, which is now a conglomerate managing two custom shirt startups and a blog on customization. Actually, I am giving us too much credit because we have learned a ton, but have a lot more…
Posted In Living Entrepreneurship Blog
By Fan Bi | December 7, 2010
This is a follow on piece from my original article on “Building Customer Supply Channels in the tourism Industry part #1” Here are 4 customer acquisition channels to consider and if managed correctly, you will find some great opportunities to leverage and optimize. Direct The direct is pretty self-explanatory and comes in the form of a…
Posted In Living Entrepreneurship Blog
By Fan Bi | December 7, 2010
The tourism industry is a highly competitive market with a large number of supplies vying for tourist attention for a short period of time. This is even more competitive if you operate as a local tour operator in a specific market like Australian Coastal Mountain Tours does providing day tours in Melbourne Australia. The tourism…
Posted In Living Entrepreneurship Blog
By Fan Bi | December 7, 2010
In the initial stages of starting Australian Coastal Mountain Tours (ACMT), a nature based Tour Company in Melbourne Australia; we spent too much money early on that was wasted on silly things. In the early stages of most, if not all ventures you don’t know really what your product is going to evolve to or…
Posted In Living Entrepreneurship Blog
By Fan Bi | November 28, 2010
Now that just seems like a silly statement. Expansion happens because it’s the obvious thing to do, right? Wrong. You shouldn’t expand for the sake of expanding, instead, you should expand because your company needs it, because there is opportunity available, because you can justify it and not just expand in vain. What have we…
Posted In Living Entrepreneurship Blog
By Fan Bi | October 17, 2010
Starting a business can be tough, and can get tougher as time goes on. There are many things that can be the cause, whether it is something you did, or something you did not do. Either way, some advice is always welcome for business owners, especially when they are encountering problems. There are a lot…
Posted In Living Entrepreneurship Blog
By Fan Bi | October 17, 2010
When you are starting a business, there are a lot of things that will contribute to how far your business may succeed or how bad it might fail. Among these contributing factors are some you may have never thought would matter or make any difference at all, and that without them you are only making…
Posted In Living Entrepreneurship Blog