Jim Smith

Jim Smith

YCHANGE International
Jim Smith mentors entrepreneurial start-ups and counsels small to mid sized companies that are looking to expand or are under performing or under capitalized.
  • 0 comments 493 reads
    Posted on 2011-11-08

    The National Institute of Standards and Technology (NIST), an arm of the US Department of Commerce, published a NIST Definition of Cloud Computing.

    Cloud computing.
    Creative Commons License photo credit: Miran Rijavec

    The NIST definition of cloud computing can be broken down into 3 facets: the essential...

  • 0 comments 650 reads
    Posted on 2011-09-06

    Every small business should try to understand and document the impact of each of these disasters on the business and put into place a set of procedures to respond in case this happens.

    1. Arson
    2. Civil disorder and riots
    3. Terrorism
    4. Building structural failure or collapse
    5. Power outage
    6. Water or gas stoppage
    7. Data or network sabotage
    8. Email stops working for a prolonged period.
    9. Order entry system goes down
    10. Hardware, software and system malfunctions
    11. Identity theft
    12. Bank account compromised
    13. Unauthorized access to data by insiders (employees)
    14. Unauthorized system penetration by outsiders (hackers)
    15. Theft of hardware (computers, laptops, tablets, smart phones, etc)
    16 Virus or denial of service attacks
    17. Software piracy
    18. E- Commerce site crashes
    19. Telephone communication goes down
    20. Customer information is stolen or compromised
    ...

















  • 0 comments 811 reads
    Posted on 2011-08-12

    I follow Ari Herzog and have much respect for what he writes. Nevertheless, a statement he made in his post of today just doesn’t sit well with me Why There is No Social Media Scorecard

    mirror shot 19/365
    Creative Commons License photo credit: araza123...

  • 0 comments 519 reads
    Posted on 2011-07-28

    When the challenges of growing your business are simply too much for you to handle and you have weak spots that could hurt your chances to succeed, then this 4 step process is exactly what you need.

    4 steps
    Creative Commons License photo credit: fazen

    1. Evaluate your current business conditions and gain clarity about where you want...

  • 0 comments 597 reads
    Posted on 2011-07-14

    If you are thinking of starting up a new business, here are ten crucial steps that should be taken in this order to assure a successful launch,

    1. Determine your Target Market and its size
    2. Run the numbers to test financial viability
    3. Get a name and register the domain name
    4. Register the business entity with the State
    5. Write a business plan and cover all business issues
    6. Select a site for the business & negotiate a lease
    7. Calculate start-up capital needed and go get a loan
    9. Calculate revenue needed to be profitable
    9. Shore up your skills with a board of advisers
    10,Put a launch plan together and go for it










  • 0 comments 1,110 reads
    Posted on 2011-07-01

    There are certain behaviors that an entrepreneur must avoid in order to be successful in his/her small business venture and these are:

    Rolling Roadblock
    Creative Commons License photo credit: Brian Forbes

  • 0 comments 688 reads
    Posted on 2011-06-20

    Last night the two gorgeous owners of the Sapphire Hotel celebrated their 5th anniversary. They shut the place down at 10:00PM and held a hosted party for their customers, and what a party it was.

    The band played, the booze flowed and the food was awesome. A mixture of 3 different kinds of pita pizzas: Roasted Garlic, Bleu Cheese & Green Onion; Margherita (Basil & Mozzerella); and Roasted Red Pepper, Kalamata Olives, Peppercinis & Cheddar Cheese, together with Mini Salmon Corn Cakes, Burger Sliders and Artichoke & Arugula Dip all on the house.

    The owners kept circulating among the customers thanking them individually for their support.

    Think I’ll ever stop going back! Think again. And its not because of the two beautiful owners. It is because they think about their customers. They make them feel as if they belong. They treat their staff like family and you can feel the team spirit when you are in the place, which is...

  • 0 comments 651 reads
    Posted on 2011-06-14

    I read this article written by Carol Tice yesterday in Entrepreneur http://www.entrepreneur.com/article/219772 and it made so much sense that I had to blog about it here. Not only should it be taught in business schools like Stanford where it made it’s debut but it should be a staple part of all small business education at the SBDCs and at SCORE.

    Launch Pad 39A with Discovery - one side
    ...

  • 0 comments 896 reads
    Posted on 2011-05-31

    The only sensible way to grow your small business is to adopt a customer driven approach to sales. For that to happen, it is necessary to know the customer and to understand that over the past few years, his/her buying habits gave changed significantly.

    Customer Service -IMGP0268cr
    Creative Commons License photo credit: ...

  • 0 comments 853 reads
    Posted on 2011-05-23

    Now that doomsday came and went and the earth continues to spin and the world keeps on turning and the rapture is over, you can relax and get back to running your business. Here are 4 post-doomsday tips to make sure that your business is still performing optimally.

    Oops!

    Creative Commons License photo credit: Mike Licht, NotionsCapital.com

    Your Business Problem

    Make...