We recently journeyed to the exotic destination of Vancouver, British Columbia to visit Spring incubator at their co-working space. While we were there, we had the privilege of talking to a veteran of the program to hear about her experience with Spring and how her startup is progressing since she “graduated.” At the beautiful Spring headquarters on a Tuesday morning, we were ushered into the…

Did you snooze your way through math class in high school because it just didn’t relate to real life? Hopefully not, or you might be kicking yourself right now! Math is a wonderful tool to help you make smart decisions about your business. One key example of this is the customer lifetime value (LTV) metric and formula. What is Customer Lifetime Value? Calculating customer lifetime…

Entrepreneurial Problems

Ever wondered how lucky the students of Albert Einstein were? To actually receive knowledge and instruction from one of the greatest minds of our time! It is a privilege most people are denied. But thankfully wisdom is always documented. And quotes happen to be the best way to revisit invaluable advice from those who have mastered life’s toughest lessons. If you’re curious about anything related…

Judgment Kills Creativity

  If you had an internal monologue going on with Judgment, that’s how it might sound. This isn’t because judgment is inherently bad, but To clarify, I’m not just talking about seeing how someone is dressed and consciously judging them: “Ugh, what an ugly sweater! They have terrible taste in fashion.” No, this is an under the radar kind of judgment that interferes with your…

Accelerated growth

When you put your money into a bank with a 1 percent compounding interest rate, you’re getting interest on the original money plus the interest you earned. Over time, that compounding effect will make you far wealthier than you would be with a more linear growth path. That’s how accelerated growth works in business: Not only is your business growing, but the rate of growth…

Get referrals

Who doesn’t love referrals? It feels like a gift on Christmas morning when you get a new customer without having to do any expensive marketing or selling. Referrals are great for business because the customers or clients you get through referrals generally represent a 16 percent higher lifetime value than your average customer. But even though referrals are valuable, you can’t rest on your laurels…