What are your Key Processes?

Written by Daryl Starr. Inspired by @JoshSchultz All profitable businesses have a handful of Key Processes. These processes involve coordinating multiple people in various roles, each doing their own specialized procedures. Years ago –prior to Little Engine Ventures– I documented decision trees, printed and laminated them for my field technicians. This was extremely useful for Read more about What are your Key Processes?[…]

Methods to Develop a Stakeholder Bull’s Eye

Last week I wrote a post entitled, “Benefits of the Bull’s Eye Stakeholder Discipline” in which I outline the benefits of a Bull’s Eye stakeholder (customer, investor, vendor, etc.) In this post, I want to document some methods to develop a bull’s eye definition. There are a minimum of three criteria. This uses the same Read more about Methods to Develop a Stakeholder Bull’s Eye[…]

The Appropriate Depth: A Leader’s Guide to Excellence in Small Business Ownership

Running a small business is challenging. I would argue that it is more challenging than running a larger organization. There are usually fewer resources (common excuse), but more importantly, there are fewer established procedures; or worse, there are well-established poor procedures. I like to look on the bright side and tend toward assigning a positive Read more about The Appropriate Depth: A Leader’s Guide to Excellence in Small Business Ownership[…]

Updated Investment Criteria for Little Engine Ventures

Our basic investment criteria has not changed since we launched: get paid for the risks we take. We are not seeking guarantees. We provide guarantees and accept risk. Our guarantees often come in the form of cash and simple agreements. The risks we are willing to accept are diverse but of like kind, and of Read more about Updated Investment Criteria for Little Engine Ventures[…]

Whistle

A whistle blower calls “foul.” Little Engine Ventures Complaint Submission Form A company manager once told me I remind him of a protective father warning him with a firm handshake and stern words before taking the daughter out on a first date, “She means a lot to me. I trust you. Bring her back safely.” Read more about Whistle[…]