<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" > <channel><title>Comments on: A passed up business opportunity?</title> <atom:link href="http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/feed/" rel="self" type="application/rss+xml" /><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/</link> <description>Entrepeneurship + Rapid-Growth, Local and Small Business Marketing</description> <lastBuildDate>Thu, 11 Mar 2010 12:11:13 +0000</lastBuildDate> <generator>http://wordpress.org/?v=abc</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>By: Condominiums Mississauga</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-475</link> <dc:creator>Condominiums Mississauga</dc:creator> <pubDate>Wed, 15 Jul 2009 03:54:53 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-475</guid> <description>&lt;p&gt;People looking for a legitimate, part time, home business opportunity requiring at least $400 to get started. What are their names and phone numbers &lt;/p&gt; </description> <content:encoded><![CDATA[<p>People looking for a legitimate, part time, home business opportunity requiring at least $400 to get started. What are their names and phone numbers</p> ]]></content:encoded> </item> <item><title>By: my Painting</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-474</link> <dc:creator>my Painting</dc:creator> <pubDate>Tue, 26 May 2009 16:19:13 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-474</guid> <description>&lt;p&gt;Thanks for sharing nice information. I really appreciate this. do same stuff in future as well.&lt;br /&gt; &lt;a href=&quot;http://www.mypaintingsite.info/landscapepainting.html&quot; rel=&quot;nofollow&quot;&gt;landscape painting&lt;/a&gt; &lt;/p&gt; </description> <content:encoded><![CDATA[<p>Thanks for sharing nice information. I really appreciate this. do same stuff in future as well.<br /> <a href="http://www.mypaintingsite.info/landscapepainting.html" rel="nofollow">landscape painting</a></p> ]]></content:encoded> </item> <item><title>By: Business card designs</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-473</link> <dc:creator>Business card designs</dc:creator> <pubDate>Mon, 13 Apr 2009 17:39:22 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-473</guid> <description>&lt;p&gt;There is plenty of opportunity for profit here. Get in the right community, and the business will rage by word-of-mouth. It is not a price-sensitive market. A good concierge could charge a retainer plus broker deals with the services they work with to a) deliver a discount to the concierge clients &lt;/p&gt; </description> <content:encoded><![CDATA[<p>There is plenty of opportunity for profit here. Get in the right community, and the business will rage by word-of-mouth. It is not a price-sensitive market. A good concierge could charge a retainer plus broker deals with the services they work with to a) deliver a discount to the concierge clients</p> ]]></content:encoded> </item> <item><title>By: Outdoor Display</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-472</link> <dc:creator>Outdoor Display</dc:creator> <pubDate>Sun, 01 Feb 2009 21:06:10 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-472</guid> <description>&lt;p&gt;While a personal assistant/concierge might be a nice status symbol, it makes most people hiccup when they realize just how much it would cost them.&#160; It requires a good degree of trust, and trust is basically a complex form of product development.&#160; Overhead, overhead, overhead. &lt;/p&gt; </description> <content:encoded><![CDATA[<p>While a personal assistant/concierge might be a nice status symbol, it makes most people hiccup when they realize just how much it would cost them.&nbsp; It requires a good degree of trust, and trust is basically a complex form of product development.&nbsp; Overhead, overhead, overhead.</p> ]]></content:encoded> </item> <item><title>By: Anonymous</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-471</link> <dc:creator>Anonymous</dc:creator> <pubDate>Sat, 23 Jun 2007 03:24:24 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-471</guid> <description>&lt;p&gt;Michael,&lt;/p&gt; &lt;p&gt;As far as not following a business idea,&lt;/p&gt; &lt;p&gt;I personally have had so many product ideas and then later kicked myself for not doing them.&#160; Why?&#160; Because i later saw All the same ideas i had imagined on television.&#160; Man, if i had gone after all those ideas, i would have had been retired a long time ago!&#160; Of course part of what kept from me from going after these ideas was the proper funding.&#160; &lt;/p&gt; &lt;p&gt;And now as far as business product ideas, i still have many.&#160; Hopefully soon i will get one of those ideas patented.&lt;/p&gt; &lt;p&gt;But as far as advice, here is my 2 cents.&lt;br /&gt; &#160; &lt;br /&gt; Before you even design the product, there should be be careful consideration for the consumer.&#160; Why?&#160; They are your buyers and people should think like a consumer.&#160; This means after the idea has been given life through the imagination, you still have to tweak the idea even more because what may be a great idea, can become an even better one.&#160; In other words, what you think is a great product can be, but you have to think in terms of what the consumer can use and how the item can serve them even better.&#160; So personally before i spend a ton of money having someone design a business product, i will imagine numerous possibilities of how i can change the product further for the consumers benefit.&lt;/p&gt; &lt;p&gt;Ivan&lt;/p&gt; &lt;p&gt;[url=&#8220;http://dropshipcavern.blogspot.com&#8221;]&lt;br /&gt; dropshipcavern.blogspot.com - A resource of free info to Learn how to start a business with Wholesale dropshipper vendors.[/url] &lt;/p&gt; </description> <content:encoded><![CDATA[<p>Michael,</p><p>As far as not following a business idea,</p><p>I personally have had so many product ideas and then later kicked myself for not doing them.&nbsp; Why?&nbsp; Because i later saw All the same ideas i had imagined on television.&nbsp; Man, if i had gone after all those ideas, i would have had been retired a long time ago!&nbsp; Of course part of what kept from me from going after these ideas was the proper funding.&nbsp;</p><p>And now as far as business product ideas, i still have many.&nbsp; Hopefully soon i will get one of those ideas patented.</p><p>But as far as advice, here is my 2 cents.<br /> &nbsp; <br /> Before you even design the product, there should be be careful consideration for the consumer.&nbsp; Why?&nbsp; They are your buyers and people should think like a consumer.&nbsp; This means after the idea has been given life through the imagination, you still have to tweak the idea even more because what may be a great idea, can become an even better one.&nbsp; In other words, what you think is a great product can be, but you have to think in terms of what the consumer can use and how the item can serve them even better.&nbsp; So personally before i spend a ton of money having someone design a business product, i will imagine numerous possibilities of how i can change the product further for the consumers benefit.</p><p>Ivan</p><p>[url=&#8220;http://dropshipcavern.blogspot.com&#8221;]<br /> dropshipcavern.blogspot.com &#8211; A resource of free info to Learn how to start a business with Wholesale dropshipper vendors.[/url]</p> ]]></content:encoded> </item> <item><title>By: Anonymous</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-470</link> <dc:creator>Anonymous</dc:creator> <pubDate>Tue, 15 Aug 2006 20:31:31 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-470</guid> <description>&lt;p&gt;Love your blog! It provides a wide strata of information!&lt;/p&gt; &lt;p&gt;I was thinking of a startup with re-using waste glass to make creative glass articles! But have been passing on since the past 3 years! Dunno when will be finally doing it!&lt;/p&gt; &lt;p&gt;Great blog keep it up!&lt;/p&gt; &lt;p&gt;Abby &lt;/p&gt; </description> <content:encoded><![CDATA[<p>Love your blog! It provides a wide strata of information!</p><p>I was thinking of a startup with re-using waste glass to make creative glass articles! But have been passing on since the past 3 years! Dunno when will be finally doing it!</p><p>Great blog keep it up!</p><p>Abby</p> ]]></content:encoded> </item> <item><title>By: Michael Cage</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-469</link> <dc:creator>Michael Cage</dc:creator> <pubDate>Tue, 08 Aug 2006 23:53:03 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-469</guid> <description>&lt;p&gt;P.S. I&#8217;ve spent a ton of time working with tech start ups. I&#8217;ll post about it going forward. &lt;/p&gt; </description> <content:encoded><![CDATA[<p>P.S. I&#8217;ve spent a ton of time working with tech start ups. I&#8217;ll post about it going forward.</p> ]]></content:encoded> </item> <item><title>By: Michael Cage</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-468</link> <dc:creator>Michael Cage</dc:creator> <pubDate>Tue, 08 Aug 2006 22:23:16 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-468</guid> <description>&lt;p&gt;Christian,&lt;/p&gt; &lt;p&gt;Thanks for your comments.&lt;/p&gt; &lt;p&gt;I think the people who want this as a status symbol are the wrong market ... they&#8217;ll never last. It&#8217;s people who, in their heads, are saying: I make $500 for every productive hour in the day I have ... wouldn&#8217;t it make more sense for me to pay $30-50-75/hour to have someone else take care of stuff I have no business doing.&lt;/p&gt; &lt;p&gt;I&#8217;m thinking of the people who can&#8217;t justify a full-time assistant for their personal life, but who could justify 5-10 hours per week of very specific help.&lt;/p&gt; &lt;p&gt;As for the kickback, maybe it&#8217;s the language I use. I&#8217;d use this as *part* of the marketing. The key is to make it transparent and a benefit to the buyer (lower up front costs, if you want another vendor ... no problem, we hold them to a very high standard, only select the best, etc.). &lt;/p&gt; </description> <content:encoded><![CDATA[<p>Christian,</p><p>Thanks for your comments.</p><p>I think the people who want this as a status symbol are the wrong market &#8230; they&#8217;ll never last. It&#8217;s people who, in their heads, are saying: I make $500 for every productive hour in the day I have &#8230; wouldn&#8217;t it make more sense for me to pay $30-50-75/hour to have someone else take care of stuff I have no business doing.</p><p>I&#8217;m thinking of the people who can&#8217;t justify a full-time assistant for their personal life, but who could justify 5-10 hours per week of very specific help.</p><p>As for the kickback, maybe it&#8217;s the language I use. I&#8217;d use this as *part* of the marketing. The key is to make it transparent and a benefit to the buyer (lower up front costs, if you want another vendor &#8230; no problem, we hold them to a very high standard, only select the best, etc.).</p> ]]></content:encoded> </item> <item><title>By: Anonymous</title><link>http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/comment-page-1/#comment-467</link> <dc:creator>Anonymous</dc:creator> <pubDate>Tue, 08 Aug 2006 20:59:48 +0000</pubDate> <guid isPermaLink="false">http://www.entrepreneurslife.com/thoughts/entry/a-passed-up-business-opportunity/#comment-467</guid> <description>&lt;p&gt;Hi there!&#160; i enjoy your blog.&#160; I&#8217;m an MBA student at Babson (the world&#8217;s Number 1 program for Entrepreneurship), and I found your note about a personal concierge service interesting.&#160; It&#8217;s been floated many times by many people, and the one obstacle that keeps flying in the face of this lifestyle perk is, well, price point.&#160; The 6-figure household is so aspirational these days, that they tend to throw whatever free money they have (and often more than what they should) at consumer products that show off their money.&#160; While a personal assistant/concierge might be a nice status symbol, it makes most people hiccup when they realize just how much it would cost them.&#160; It requires a good degree of trust, and trust is basically a complex form of product development.&#160; Overhead, overhead, overhead.&lt;/p&gt; &lt;p&gt;The kickback idea is one that violates the level of trust you&#8217;re putting in the person.&#160; We all hear about nanny horror stories - imagine that magnified at an agency that gets broken into!&#160; It&#8217;s a very tough sell, but where it works is where it exists - hyper-income areas like La Jolla, the OC, Westchester and Greenwich, etc.&#160; Sometimes the classic solution is what works best - an undocumented, nice lady with a couple of personal referrals to take care of the stuff you REALLY can&#8217;t stand, like cooking, cleaning and yelling at the kids. &lt;img src=&quot;http://www.entrepreneurslife.com/images/smileys/grin.gif&quot; width=&quot;19&quot; height=&quot;19&quot; alt=&quot;grin&quot; style=&quot;border:0;&quot; /&gt;&lt;/p&gt; &lt;p&gt;BTW, I&#8217;m a tech entrepreneur at the moment.&#160; got any experience in that?&#160; And more to the point, got some angel money lying around? &lt;/p&gt; </description> <content:encoded><![CDATA[<p>Hi there!&nbsp; i enjoy your blog.&nbsp; I&#8217;m an MBA student at Babson (the world&#8217;s Number 1 program for Entrepreneurship), and I found your note about a personal concierge service interesting.&nbsp; It&#8217;s been floated many times by many people, and the one obstacle that keeps flying in the face of this lifestyle perk is, well, price point.&nbsp; The 6-figure household is so aspirational these days, that they tend to throw whatever free money they have (and often more than what they should) at consumer products that show off their money.&nbsp; While a personal assistant/concierge might be a nice status symbol, it makes most people hiccup when they realize just how much it would cost them.&nbsp; It requires a good degree of trust, and trust is basically a complex form of product development.&nbsp; Overhead, overhead, overhead.</p><p>The kickback idea is one that violates the level of trust you&#8217;re putting in the person.&nbsp; We all hear about nanny horror stories &#8211; imagine that magnified at an agency that gets broken into!&nbsp; It&#8217;s a very tough sell, but where it works is where it exists &#8211; hyper-income areas like La Jolla, the OC, Westchester and Greenwich, etc.&nbsp; Sometimes the classic solution is what works best &#8211; an undocumented, nice lady with a couple of personal referrals to take care of the stuff you REALLY can&#8217;t stand, like cooking, cleaning and yelling at the kids. <img src="http://www.entrepreneurslife.com/images/smileys/grin.gif" width="19" height="19" alt="grin" style="border:0;" /></p><p>BTW, I&#8217;m a tech entrepreneur at the moment.&nbsp; got any experience in that?&nbsp; And more to the point, got some angel money lying around?</p> ]]></content:encoded> </item> </channel> </rss>
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