Advice on entrepreneurship from a seasoned entrepreneur – An Interview with Battery Bill

Battery Bill, located in Honolulu, Hawaii has the biggest selection of batteries in the state. ‘We would like to believe that we have every battery that you may need, but that wouldn’t be possible”, says Bill Ogawa. However, if you need batteries for Cars, Boats, Trucks, Motorcycles, Jet Skis, Wheel Chair & Powered Motors, Computer Backups, Laptop Computers, Portable Tools, Digital, Camcorders, and Videos, Cell Phones, Cordless Phones, Custom Battery Packs, PDA’s including iPods, chances are that Battery Bill can help you. Visit: www.batterybill.com/ Continue reading

Adaptation – An interview with Jeannette Hereniko

Jeannette Hereniko is the founder of AsiaPacificFilms.com.
AsiaPacificFilms.com streams culturally and historically significant films from Asia and the Pacific that entertain, educate and inspire viewers to think beyond boundaries. With the latest streaming technology, subscribers have unlimited access to Asia Pacific films in DVD quality. Continue reading

The 6 Cs of a Winning Business Plan

My manager at work David, is also my mentor. I have learned a great deal from David and I would like to share with you what he calls “The 6 Cs of a Winning Business Plan”.

Complete – No missing sections.

Clear – Concept of your product/service, its market, and business model are explained completely during the first read of the plan.

Financial Plan – Part I

This article features the financial plan, which requires reviewing and considering all the other data presented elsewhere in the business plan. The financial plan serves two purposes: It guides the management team into making a decision and it informs investors of your company’s financial picture; past, present, and future. Projections are normally made three to five years into  the future. These figures are generally shown on a monthly… Continue reading

Management Team

The strength of the management team is critical to the business success and bankers and venture capitalists know it! In fact a  strong management team is a key determining factor whether to invest in a business. Most businesses fail in the first five years because of two reasons: ineffective management or insufficient capital. The management plan must emphasize the experience, education, and competence of each key individual on the management… Continue reading

Gaps in your management team are not necessarily a turn off. Don’t let your ego stand in the way.

A few months ago I was invited to be  a judge at a local venture pitch and business plan competition, where local entrepreneurs had the opportunity to present either a 2 minute pitch or a 10 minute business plan presentation in front of panel of judges as well as a group of investors. As start-ups are my passion I usually enjoy attending these kind of presentations, but that day one… Continue reading

Writing your own business plan can be intimidating…ask Bill

A year ago my neighbor Bill, who is a brilliant software engineer asked me to help him  put a business plan together for a business idea that he wanted to pitch to a local Angel Investors group. I told him that I will not write his business plan for him, instead I will guide him but he will have to do the work. He protested at the beginning but… Continue reading

Managing through CHANGE – ‘If There is no Change, There is no Change…’

When it comes to business, the ability to CHANGE is what sets a successful business from a failing business. In today’s complex business environment organizations must always search new and improved ways of operating. The drive for efficiency, competitive advantage, and shareholder value forces managers to challenge the validity of old practices. Change is at the core of every organization and is the most important quality of a successful management team. Continue reading

Operations Plan

I constantly come up with business ideas. In fact, I have so many of them that it is difficult to keep track and their number grows by the day. Here are just a few examples: selling ultra comfy hybrid mopeds at a very low price (of course), selling imitation designers’ wedding dresses, buying a boat and providing short voyages for senior citizens as part of a mach making business, and… Continue reading

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