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Begin forwarded message:
From: Jerry Tanaka <jerrytanaka@gmail.com>
Date: March 26, 2010 9:16:51 PM PDT
To: Alan Abar <alanabar@gmail.com>
Subject: Fwd: John Rowe - notes
Some of the nuggets but I need to explain the notes in more detail later.---------- Forwarded message ----------
From: JET Gmail <jetventuresllc@gmail.com>
Date: Fri, Mar 26, 2010 at 5:00 PM
Subject: John Rowe - notes
To: Jerry Tanaka <jerrytanaka@gmail.com>
Analyze the opportunity in terms of the product, market size, or exit. You focus on one and attack that advantage and the other two will follow.
Be a transactionist and put deals together and make them happen. Businesses in a box.
Focus on businesses that have capacity to grow. Denim jeans example. Ross. Rock bottom golf.
Never work with the state or government. It will lead to too many headaches, lost time and money, irritating permits and licenses, and losing the political battle.
While patents are good, don't worry about them too much and jut make good ideas and novelty items happen and enjoy the run for a year and move on the next thing.
First, focus on the sales and how the end user will get te product. Nabisco and girl scout cookies.
He never messes with technology. Leave that for Steve Jobs and the silicon valley crew.
It's all about point of reference. Say in tune with everything everywhere.
When thinking of a new or better business idea, make it either the biggest one or the smallest one/version. 2 table restaurant. Yardhouse.
Sell sex or sell fear.
Best ideas are ones that address the front page of the newspapers. Help a bleeding nonprofit.
Does your business solve a problem?
His two ideas - collect civilians recycling by supplying them with bins that you will pick up. Put cell phones on cords throughout Waikiki for those to call anyone/information anytime for free. Just secure the real estate from the state, setup contracts with Verizon and the revenue model for ads on each side of the phone holder. Proceeds to benefit states moat important non profit. Put the business together for the state.
Become fully immersed in your project.
Creativity is a muscle that you must continually exercise and it will continue to get stronger.
Think of every business as an example of nature.
Once you build enough businesses and learn your focus, you will get your Adwalls.
