Entrepreneurial success places a premium on efficient learning. Continuously seeking effective feedback will help get you where you are going faster and less expensively.
About Dave Bayless
Dave is a “business midwife” who gets energy from helping people innovate in and through their human scale businesses. As a former private equity investor and lender, he helped make more than $500 million in capital commitments to finance growth, acquisitions, and recapitalizations. As part of entrepreneurial teams, Dave has helped raise more than $30 million of equity capital. He's also worked in product development, innovation management, manufacturing, and administrative roles.
Sometimes we receive feedback in the form of beliefs or conclusions that can be difficult to reconcile with our point of view. In this episode, Laura Black and Dave Bayless explore a technique for decomposing such high-level feedback into the data and meanings that inform it. In the process, Laura introduces the “Ladder of Inference” and the OODA Loop.
P2Binvestor is an online lender that specializes in making asset-based loans to growing business-to-business sellers who can’t access bank credit. I first spoke with Krista Morgan, P2Bi’s co-founder and CEO, in May. Since then, Krista and her colleagues have launched a new partnership with community banks that may be indicative of a new era of choice for human scale businesses.
Julio Giannotti is the web manager for Interline’s three e-commerce channels, including Scandis.com. Although Interline is late to e-commerce, its online presence and traffic are well established. Consequently, Julio and his team needed solutions that could help them scale rapidly. They turned to the Shopify Flow platform and the new Shopify Plus e-commerce automation tools. By automating repetitive tasks, Julio and his team can focus on more important things like innovation.
Daniel Mack and Marco Billmaier met in primary school in Germany. Over the years, they often discussed going into business together. A personal loss sparked the insight that led to the launch of Mementi Urns three years ago. It combines the seemingly incongruous aspects of street art with the funeral urns business.
With the introduction of Shopify Flow and the Wholesale Channel, Shopify Plus will help accelerate and transform business. By reducing the barriers to commercialization and learning faced by niche producers and specialty retailers, Shopify Plus will increase the incentive and opportunity for merchants to continue to sharpen their market focus.