45: New Directions (no, not the boy band!)

Just as quickly as some things start, they can also end.  The show today is all about a few of updates from us, a few new directions we’re taking in our businesses, and lessons we’ve learned along the way.

Nugget saw some fantastic growth in it’s initial launch, and was poised to grow quickly as a platform where entrepreneurs can come to find business problems to solve, but also to congregate to talk through what their business problems are, and hopefully how to solve them. After the launch Ken and his cofounder Justin found a few growing pains along the way as the business began to evolve.  A few important lessons came out of this:

  • Alignment of business/personal focus with your cofounder
  • Ensuring the business model is one you want to pursue long term
  • Beginning with the end in mind across all aspects of your business

Ken has chosen to step away from Nugget and let Justin run with things from here, and the lessons he learned were valuable and in the grand scheme of things rather painless.

He’s seeing MastermindJam continue to grow, and is looking at a few new ways to approach the business, and find ways to monetize it outside of the matchmaking service.

Craig is now settled(ish) in France and is able to finally start concentrating on work again.  The business has done well over the course of their first 2 weeks in the new house, which is a testament to the systems and processes that he put in place several months ago.  While it doesn’t pass the litmus test of taking 2 solid weeks away from the business, overall things are running pretty smoothly.

PodcastMotor continues to grow and every month Craig is fine tuning the way the business runs and the end product that customers are getting as a result.

We don’t talk too much about reviews on the show, but honestly we’d love to hear what you think.  If you’re enjoying the show please head over to the ole iTunes and leave us a review.  Would love to hear your thoughts on what we’re doing here.