Entrepreneurs Speak Up

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We asked attendees at the 2010 Inc. 500|5000 Conference how they were feeling about business and their businesses. We also gave them a chance to open up a little. Here’s how some conferencegoers responded.

When did you start your first business, and what was it?

I had a magic-trick business. I sold my first card trick when I was 14.
— Jesse Lipson, CEO, ShareFile

When I was 11 years old, I bought and sold investment-grade comic books through the mail.
— Lee Wochner, CEO, Counterintuity

What’s your company’s coolest employee perk?

We take the entire company somewhere, and everyone gets one guest. This year, we’re going to Aruba.
— David Doggette, CEO, 2HB Software Designs

Free beer from 3 p.m. on.
— Brooks Bell, CEO, Brooks Bell Interactive

What’s your No. 1 indulgence?

I own 52 colognes.
— Hassan Bawab, CEO, Magic Logix

Remote-control airplanes.
— Sonny Clark, president, Advanced Network Solutions

What do you do to relax?

I’m a perennial chick-flick guy. I blame my mom.
— David Doggette

I’m a pilot, so I fly.
— Mark Swanson, CEO, Telovations

Moderate drinking and watching TV.
— Jesse Lipson

What kind of kid were you in high school?

I was the kid who put a live squid in the librarian’s desk drawer.
— Mark Swanson

I skipped the prom to go to the International Science and Engineering Fair.
— Jacquie Morgan, co-founder, BalancePoint

What’s the weirdest thing in your office?

Probably me.
— David Doggette

A 3-D picture of a cat standing in front of an artist’s palette. Never buy art from a gas station.
— Jesse Lipson

Name one thing about you that would surprise your employees.

I smoke a hookah all day at home.
— Hassan Bawab

That I’m extremely empathetic.
— Daniel Schmidtendorff, CEO, Communication Company of South Bend

I used to be a hockey cheerleader — that’s a cheerleader on ice skates.
— Jennifer Scully, CEO, Clinical Resources

What’s one lesson you learned from your worst boss?

I will never lose my mind in front of my employees.
— Lee Wochner

Don’t send e-mails asking employees to do things on Christmas.
— Mark Swanson

Command and control techniques don’t work.
— Jacquie Morgan

Who do you wish would friend you on Facebook?

My daughter’s boyfriend.
— Mark Swanson

Warren Buffett. I want his connections.
— Jennifer Scully

Tiger Woods, before the scandal.
— Adil Adi, CEO, WorldLink

Tiger Woods, after the scandal.
— David Doggette

If you never had to worry about making money, what would you do?

I’d write Gospel music.
— David Doggette

I’d be sitting on top of a mountain doing yoga.
— Adil Adi

I’d fly first class and own a lot more shoes.
— Brooks Bell





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A Little Self-Promotion Never Hurts

SS 41 Siren bkt 5691 A Little Self Promotion Never Hurts

Dear Norm,
At the beginning of this year, I decided to close down my business, CounterCrete, which specialized in custom concrete countertops, and got a job as a manager at a Target store. Because of various mistakes I’d made, I didn’t have enough cash flow to carry on. In addition to countertops, CounterCrete also did interior stained concrete floors. Although I sold the countertop equipment, I held on to my work van and the tools to do the floors. When I began getting calls to do floor projects, I decided to start a new business, Nick Dancer Concrete, to supplement my income. The problem is, most people I knew from my previous business still think I do only countertops. I’ve put up a new Facebook page and sent out e-mails to former customers, but no one seems to get the message that I’ve changed businesses. What can I do to create a new brand focused on stained concrete floors?

– Nick Dancer, founder, Nick Dancer Concrete
Fort Wayne, Indiana

We all have a tendency to focus too narrowly at times and to worry about things that aren’t real problems. As a result, we waste mental energy that could be better spent in other ways. Nick Dancer was a case in point.

He started CounterCrete in October 2007 and made a go of it for two years despite the sluggish economy, which has been especially tough on people in the home furnishings business. He told me he’d also made the classic mistake of going for sales, rather than profits. By fall 2009, he said, he was taking on jobs just to pay his past-due bills. A few months later, he shut down his business and went to work for Target.

Now, he could have walked away from his creditors. Because CounterCrete was a limited liability company, he had no legal obligation to pay them. But he said his conscience would not let him go that route. So he sold his equipment and put in long hours at his job to raise the cash to cover his debts. That, in my experience, is very unusual and a sign of great character. It told me that he is a young man with a very bright future in business. Among other things, it gives him a story that can be of immediate help in his new business.

I told him he should not spend another second worrying about the people who know him as a countertop guy. There are, by his estimate, about 40 or 50 of them. The potential customers for his stained concrete floors number in the hundreds or thousands. They’ve never heard of him. His challenge is to let them know he exists, and he should focus on figuring out how to do that, rather than worrying about his brand perception among the small number of people who knew about CounterCrete.

One possibility is to try getting some local publicity. I mean, here is a young man whose first business was, like so many others, a victim of the recession and the housing crisis. Now he’s back in business with the support of his former creditors, who appreciate how he treated them when the chips were down. That’s a great story.

I also suggested he contact builders, architects, and interior decorators. Those are the types of professionals I go to for recommendations when I need work done in my home. I’m sure a lot of other people do as well. He can use experts in design and construction not only to find work but also to build his reputation as a specialist in interior stained concrete floors. The fact that he once had a business making concrete countertops will then be an asset, not an obstacle.

Please send all questions to AskNorm@inc.com. Norm Brodsky is a veteran entrepreneur. His co-author is editor-at-large Bo Burlingham. Their book, The Knack, is now available in paperback under the title Street Smarts: An All-Purpose Tool Kit for Entrepreneurs.

Next Question





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Want to Mine the Solar System? Start With the Moon

SUNNYVALE, Calif. — The first extraterrestrial mining operation in human history will likely start up on the moon, thanks to its ample and relatively accessible stores of water ice, experts say.

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Business workshops this month in Glenwood

The Roaring Fork Business Resource Center hosts a series of workshops that will focus on topics for current business owners and start-up enterprises. read more

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Business workshops this month in Glenwoo

The Roaring Fork Business Resource Center hosts a series of workshops that will focus on topics for current business owners and start-up enterprises. read more

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Dana-Farber sues start-up over anticancer drug

There’s been some wrangling over a potential breakthrough lung cancer drug in US District Court in Boston. The legal battle pits Gatekeeper Pharmaceuticals, a little-known biotech firm in Millbrae, Calif., against the prominent Dana-Farber Cancer Institute in Boston and the Swiss drug giant Novartis .

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Brontes office closing is latest bite out of the Bay State’s R&D lab

It was a surprise four years ago when Minnesota-based 3M Co. , a global conglomerate with 75,000 people and $23 billion in sales, said that it was buying a tiny Lexington start-up with just 35 employees and zero dollars in sales. Brontes Technologies Inc. was developing technology that would enable a dentist to stick a thin, wand-like camera into a …

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Brontes office closing is latest bite out of the Bay State’s R&D lab | start-up business – Yahoo! News Search Results

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Brontes office closing is latest bite out of the Bay State’s R&D lab

It was a surprise four years ago when Minnesota-based 3M Co. , a global conglomerate with 75,000 people and $23 billion in sales, said that it was buying a tiny Lexington start-up with just 35 employees and zero dollars in sales. Brontes Technologies Inc. was developing technology that would enable a dentist to stick a thin, wand-like camera into a …

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Brontes office closing is latest bite out of the Bay State’s R&D lab | start-up business – Yahoo! News Search Results

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Business ideas anyone?

The annual competition is back offering students two new awards and the chance to hone their entrepreneurial skills.

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Business ideas anyone? | start-up business – Yahoo! News Search Results

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Why Evan Williams of Twitter Demoted Himself

Evan Williams may embody a classic Silicon Valley type: the inspired entrepreneur with good ideas for a start-up, but not the leader to execute a sophisticated business strategy.

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