Author name: TJ

Engineer and Entrepreneur

How 3D Printing and Additive Manufacturing Can Transform Your Small Business

1 Comment / General Business Principles /

If you haven’t heard by now there is an increasing amount of buzz behind the world of 3D printing. 3D printing,  also referred to as; Fused Deposition, Stereo Lithography, Desktop Manufacturing, Rapid Prototyping, and Selective Laser Sintering is an additive manufacturing process in which material is added layer by layer to produce a desired geometry. […]

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How a Small Business Achieved 20% Annual Growth for 8 Years: A Case Study

1 Comment / General Business Principles /

I recently had the privilege to review the 10 year performance of a successful little business and want to touch on some of the general business principles that allowed this success. Confidentiality prohibits me from including specific details but you probably don’t care about those anyway; you want to know what you can take away

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Essential Characteristics Every Successful Entrepreneur Must Have

3 Comments / General Business Principles /

Many of my posts stem from ideas or issues that arise in my life, this one is no different. Yesterday a series of events played out that made me want to discuss the characteristics of a good entrepreneur. To be frank these characteristics are also ones found in all productive people. The event yesterday had

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The Goal by Eli Goldratt: Essential Theory of Constraints for Entrepreneurs

Leave a Comment / Tools /

Every practitioner of the Theory of Constraints (TOC) is familiar with “The Goal: A Process of Ongoing Improvement – 30th Anniversary Edition” by Eli Goldratt. The book is an oldie but a goodie with the first edition published in 1984. I don’t know that it was Eli’s first book but it is most certainly his

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How to Measure Business Performance: Understanding Effectiveness vs Efficiency

2 Comments / Growing a Business, Starting a Business /

I found myself in yet another interesting conversation with a successful entrepreneur on the topic of successful business practices. We were discussing what is needed within an organization as it grows from a mom and pop shop to a mature corporation. It is obvious that the demands of the company will change as it matures

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The Critical Importance of Human Capital for Small Business Success

1 Comment / General Business Principles /

A series of conversations has prompted me to address the importance of the human element as it pertains to small business. It seems as though most understand the importance of financial capital and overlook the role human capital plays in successful companies. I find this interesting especially because the significance of human capital can arguably

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