Gurney Tosses About the F Word and Preaches Creative Self-Destruction at the BIZ Luncheon

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ChristianGurney“In the context of the community we are in, the part of the country that we are in, failure is something that I would consider one of those unspoken words. It’s one of those things that people have difficulty talking about, it is the same as if there were a death in the family,” shared Christian Gurney, President and Co-Founder of Torsion Mobile before those gathered for the May 2013 edition of the Business Innovation Zone luncheon.  And yet speak of it he did, and at length. Scarcely a year out from his last BIZ presentation in which Gurney shared the insights gathered from a successful tech business launch, he returned to share insights gained from the failure of a business plan. 

The theme woven throughout his presentation and given an exclamation point when he shared the shape of the company’s revenue curve post pivot is that failing does not of necessity mean the end of the line, or the death of the dream. “Popular culture misunderstands what it means to be an entrepreneur, an adventurer, someone who runs a business. As my father told me, if you are not failing, it means you are not striving hard enough,” suggested Gurney in one of several references to fatherly wisdom that has found personal resonance as Gurney’s beard begins to gray and his 50th birthday looms on the horizon. 

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April 2013: Roth Provides Tips on Hiring and Retention in the Face of a Labor Shortage

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tw-aw-portico2Katie Roth kicked off her presentation with a surprising fact.  Iowa is experiencing a labor shortage! “In Iowa, with unemployment around five percent, and the typically unemployable around three percent, we are almost at a full blown employment shortage now and it is going to get much worse,” warned Katie Roth, President of Portico Staffing, at her presentation before the April Business Innovation Zone luncheon.  “In the next five to seven years everyone born between 1945 and 1955 is going to start retiring. In fact, the only reason it hasn’t already started is the great recession,” observed the 30-year veteran of Human Resource management and owner of a leading local staffing and recruitment firm.

In the face of this challenge the Senior Professional in Human Resources, as certified by the Society for Human Resource Management, offered two key strategies and appropriate tactics as to how the challenge can be met. Consistent with her presentation’s title she noted that it is all the more important moving forward to hire the right people and then make the appropriate effort to retain them.

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“When two men in business always agree, one of them is unnecessary.” William Wrigley Jr

And how! With many entrepreneurial teams, there is little disagreement on the execution of the business plan.  This makes for a blind team.  While you want the team to be in agreement on where you are going strategically, you need people who think differently than you and your team members to successfully execute the business [...]

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You want to do what?: A patentable idea does not a business make!

Many new to the world of products believe that a patented product is the sure road to success.  Nothing could be further from the truth.  While a patent can have value, it is only because others wish to purchase what you have invented. To obtain a patent on your invention it must be useful, novel [...]

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Talk to your (future) customers!

I was reading a blog the other day written by the group at 16 ventures.   Titled “Take your customer to lunch, not me” it reminded me of advice I have often given.  When you are working on part of you business model and looking for feedback, do not forget your current or future customers.  [...]

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March 2013:
Hicks and Santana Give BIZ Attendees a Lesson in Media Relations

“From a marketing standpoint the press is your best friend, but you have to understand how to work with them and that the old classic textbook press release is irrelevant today,” announced Business Innovation Zone Executive Director Mike Colwell to an overflow audience at the March BIZ luncheon. “That’s why I asked these guys to [...]

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