Newsletter for July 2000
will be held on July 11. MARK YOUR CALENDAR.
Mary Poppendieck describes the land rush era of the Internet: “At high
noon the cavalry bugles sounded, and gunshots were fired. Within
hours, all the choice land was gone. Land went to those with a fast
horse and a plan during those first few hours. But success came only to
those with a season’s worth of provisions and the ability to farm.”
On July 1 1, Poppendieck will present the 5 p.m. pre-meeting seminar,
“Internet Land Rush: Lessons Learned from Dot-Coms.”She compares
two eras, both focusing on speedily staking a claim. She says, “It’s not
about profits or products; it’s about partnerships and eyeballs. Everyone
wants a piece of the action, from the investors driving up stock prices to
the top-notch people deserting traditional jobs for dot-coms. No one
wants to be left behind.”
Poppendieck will advise those who wish to start an e-something
company, answering such questions as: Should you abandon all caution
and go as fast as you can to get on the Web? That’s what the dot-coms
seem to be doing, and it’s working for them, isn’t it? Can you afford to
take time when your competition is seizing the land at breakneck
speed?
The seminar examines the myths and realities of the dot-coms, giving
entrepreneurs insights into what’s important and what isn’t in order to
achieve both the speed and staying power needed for ultimate e-
business success.
Poppendieckhas been in the Information Technology industry for
twenty-five years. She has partnered with start-up companies,
negotiating and funding multi-million dollar equity investments. Today
she runs her own consulting company, Poppendieck.LLC. The seasoned
leader in operations and new product development holds two patents
and has published several technical papers. A teacher and lecturer as
well as a manager, she specializes in workshops on e-Business Project
Leadership, Object-Oriented Project Management, Re-usable Software
Components, and Time-Driven Software Development.
“The Internet Land Rush: Lessons Learned from Dot.Coms” featuring
Mary Poppendieck of Poppendieck.LLC requires pre-registration and
$15.00 fee at the door.
SPECIAL PRICE FOR VISITORS:$20.00 FOR BOTH PRE-MEETING
SEMINAR AND REGULAR MEETING.
Register online at: www.mn-entrepreneurs.org
Or call 952/922-1136.
11
While the prime considerations in opening a retail business may be
location, location, location, most entrepreneurial endeavors are more
dependent on cash-flow, cash-flow, cash-flow … the topic of the July
MEI meeting.
Nationally recognized receivables expert, Pamela Krank of The Credit
Department, Inc. will offer counsel and advice on “Maximizing
Opportunities in Your Small Business” at the July 11 MEI 7 p.m. meeting.
Krank started The Credit Department™ in 1993 after 13 years in 3M’s
credit department. The company is a global credit management
outsourcing firm that works with mid-sized businesses that want to
increase cash flow by getting paid on time, every time for what they sell.
The St. Paul-based global credit management outsourcing firm’s mission
and increase cash-flow by providing sophisticated processes,
technologies and trained personnel in the form of out-sourced, “virtual”
credit departments.
The Credit Department also helps businesses demystify the process of
successfully engaging in international business. The firm assists in
creating a credit risk program that identifies and mitigates financial risks
inherent in international transactions yet fits that firm’s sales strategies.
Known for her dynamic presentations, Pam Krank is a popular keynote
speaker in demand by commercial banks, trade associations and
national organizations. She is also an instructor in St. Thomas
University’s FastTrac Program where she counsels entrepreneurs who
want to grow their companies.
Come at 7 p.m. to “Maximizing Opportunities in Your Small Business”
and learn how to:
Best use your resources to focus your marketing efforts.
Avoid cash flow shortages
Develop strategic partnerships for growth.
MINNESOTA ENTREPRENEURS WEB SITE. Send your updated
business description (25 words or less) to: adoped@uswest.net