Post featured at 420Creative!
My post about how a print ad out-ROIed Google Adwords made it to a design studio blog, 420 Creative.
See the post here.
How neat!
"HELP! I'm an entrepreneur trapped in the job of an employee!"
This blog is for anyone working for the man - who is dreaming about working for themself!
My post about how a print ad out-ROIed Google Adwords made it to a design studio blog, 420 Creative.
See the post here.
How neat!
Post featured at 420Creative!
Posted by Dale at 7:57 PM 0 comments
Labels: Entrepreneurship
Related Corporatepreneur Posts:One of the skills I knew I needed to develop after leaving the corporate world was
how to nap better
marketing and promotions. The easiest thing to do, of course, was buy Google ads. That's what I did for Tremore Breeze Smoker. It did very well, generating lots of hits and getting us on many BBQ sites. Overall, it costed about $300 over a month or so.
I didn't stop there though. My partner and I took a trip to the Heart of Kentucky Bourbon and BBQ Fest to see how the BBQ competition circuit was - we had decided to target competition teams for our smoker. The competitors had just turned in their food to the judges, so many of them were just sitting around enjoying a beer. We learned a ton just talking with them, and they were all amazingly friendly. We asked them about their smokers, what frustrated them, and what made them choose their current smoker. But the best question I asked a team captain was, "How did you find out about the smoker you bought?" The answer was he saw an ad in the Kansas City BBQ Society newsletter (called the "Bullsheet." one other thing I learned about these people is they love their puns). This was an amazing insight; people would buy their smokers based purely on an ad in a newsletter.
Marketing a BBQ Smoker
Posted by Dale at 6:28 PM 0 comments
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Today Google paid tribute to Freddie Mercury's 65th birthday in what is becoming a very popular feature: The Google Doodle. Another great Doodle I remember is the tribute to Les Paul, where you could play a tune with strings on the Google logo. Coincidentally, I'm listening to an audiobook entitled "I'm Feeling Lucky: The Confessions of Google Employee Number 59." It's told by Doug Edwards, one of the first brand managers Google brought in, and how he had to adjust to Google's lack of corporate-ness, coming from decades of big corporation experience.
Also coincidentally, I had just finished the chapter where he talks about the first Google Doodles. The people at Google wanted to have fun with Thanksgiving, Election Day, Mothers Day, etc. by making fun things happen with Google logo. But Edwards fought it, saying it was taught in all marketing books that you don't mess with your brand equity. Fortunately, he lost, and the rest is Doodle history.
As I'm going through the book, it just reminded me of how frustrating the corporate world is. He talks about how he was taught in his corporate experience that ideas were things to be stomped out before they drained resources, and how Google was so much different. He also talks about how, in the corporate world, you only did what was in your job description, for fear of stepping on toes. Many of the things he talked about wanting to stop or implement from the old corporate world got turned back, for the better.
No, I'm not going to apply for a job at Google. I doubt they're perfect either. But this really goes to show how the corporate world is broken. I really feel there will be a revolution in the future where big corporations get disrupted. Smaller companies with better cultures will get more out of their people, making them more successful. Hopefully, I'll never need to return to the corporate world again.
Google Doodles would've never happened at P&G
Posted by Dale at 12:18 AM 0 comments
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I firmly believe a good leader knows when to lead and when to follow. I recently came across the concept of the "first follower" on Derrick Siver's blog, and he makes an awesome illustration of it with a video clip "First follower: Leadership Lessons from Dancing Guy:"
Leadership Lessons from Dancing Guy | Derek Sivers
Posted by Dale at 7:51 AM 0 comments
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Another timely post from Problogger entitled "5 Brilliant Things You Can Do with an Inactive Blog." As I said in the previous post, I was up to my neck in blogs... I guess if you're a successful blog on blogs, you must be good at blogging...
Timely post: What to do with your inactive blogs
Posted by Dale at 11:03 PM 0 comments
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I've got a dilemma. Hoping for some advice from the community.
I have the opposite issues of what this Problogger post is talking about. I have so many topics I want to blog about that I end up starting myriad blogs. Here's what they are:
Blogs coming out of my ears!
Posted by Dale at 6:21 PM 3 comments
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I recently went on a 2.5 week, 14 city road trip out to the east coast (Adam, I almost looked you up but I ran out of time as I had a game to catch in Boston!). I went to see my Milwaukee Brewers play at Fenway Park in Boston and Yankee Stadium in NYC, and along the way visited a whole bunch of places. One thing I enjoy doing is working from different places, in essence showing that one can escape the artificial lights of the cubical world in exchange for more inspirational locales.
| Statue of Liberty is in the distance above the left person's head |
Pimp my ROAD office! Best remote locations to work
Posted by Dale at 11:48 PM 2 comments
Labels: Inspiration, road office
Related Corporatepreneur Posts:The first venture I created that actually brought in revenue was a website called NOTtheBookstore.com. I started it in 2007. Last week, I made the decision to stop working on it and focus on other ventures.
I learned a lot from it:
Outsourcing tasks that don't make sense for me to do
I learned to use elance.com, and hired someone offshore to do data entry work that would've taken me hours. That experience taught me how to manage someone offshore, and helped me to think which tasks I should be focusing on and what tasks I should outsource. (Thanks to the book 4-hour Workweek for this concept).
Working with a site you didn't program is hard
I hired someone to program an upgrade to the website for the first time, adding the ability to pull data from Amazon to calculate just how much you'd save over the campus bookstore. But there were all these tweaks I wanted to do, and looking through all that code was daunting. I'm actually pretty proud of myself that I was able to make the tweaks I needed to, because I'm someone who's never heard of object oriented whatchamacallit before. It's because of this experience that I starting learning Wordpress and I'm going to start any new website I create with Wordpress so I have control over features.
Marketing and promotion
I've never needed to market or promote anything before in my life. I started with Facebook ads (back then, they were DIRT cheap) and on a whim contacted the Xavier Marketing Club. That started off a great 2 year relationship, in which I still keep in touch with 1-2 of them. I also realized that a college campus might be a great sales and promotion channel that companies aren't leveraging. You have a bunch of people, similar age, interests, all tightly packed in a small area. Really encourages word of mouth and viralness!
Continous improvement
After a couple of semesters of relative success, I stopped marketing at Xavier to focus on the bigger University of Cincinnati. Part of this was an experiment to see if it was self sustaining. It wasn't, as sales dropped a good amount. I learned that you need to constantly be in touch and looking to improve your business. Also, a good company with a low barrier to entry needs to reinvent itself all the time. I think NOTtheBookStore needed to be reinvented to add more and more value to the site.
Scale up
I tried to scale the success at XU to the University of Cincinnati, which had 5X the number of students. I went through the same process, worked with their marketing club, promoted with fliers and advertising in the school newspaper. But UC just never took off. I have a couple of theories: 1. A larger campus means a longer build up part of the curve before it tips. 2. On a larger campus, there's a lot more choices and a lot more noise, so your message gets diluted. Or maybe it just needed more time. I don't think I cracked the nut on this one, if anyone has thoughts I'd love to hear them!
All in all, a great experience. It gave me a glimpse of what things could be like. And it made me a real entrepreneur.
If anyone has more insights or advice as to more I can take away from this experience, please comment!
P.S. Here's a copy of the email I sent out to my student list:

NOTtheBookstore.com - end of an era
Posted by Dale at 9:57 AM 0 comments
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Introducing Wild Ting Enterprises
Posted by Dale at 6:55 PM 0 comments
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As I'm getting my umbrella entity set up, I'm trying to figure out what my company will stand for, what principles will guide it, and what we're trying to do. One thing I knew I didn't want was to do the dot.bomb business model, but I couldn't put my finger on what the anti-dot.bomb business model was. I think bootstrapping is as close as it gets. I ran across Chris Garrett's posting on Escape Velocity called Bootstrapping Rules that hit it right on the head. I like how Chris mentioned how this mentality changes your operating strategy. I definitely plan on incorporating these principles in my fledgling company!
Anti dot.bomb model
Posted by Dale at 1:14 PM 0 comments
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Well, after many years of adopting a "don't ask don't tell" type policy for my Corporatepreneurial ventures, I think I'm ready to talk about myself. It's only fitting that Adam let the secret out on his blog, as I've used him and others as role models to get myself to the point I am now.
My name is Dale Ting. I live in Cincinnati, OH and recently left a Fortune 50 company.... Of course, that company would be Procter and Gamble, makers of Tide, Downy, Bounce, Crest, Swiffer, Pringles, etc. etc. etc. (As an aside, P&G owns Gillette, which was Adam's former company's archnemisis. My idea for the product to end this "more blades" war would be to invent an infinity bladed razor. Basically, you have a just a field of billions of tiny razors. Then what would they do, infinity plus one?)
You'd be hard pressed to find a consumer products company bigger than P&G. I spent 10 years at P&G after graduating from the University of Wisconsin with a Chemical Engineering degree. So I'm another engineer turned entrepreneur. I've just now stopped referring to P&G as "we" - it's a hard habit to break after 10 years there. I've also just recently gotten more comfortable with calling myself an entrepreneur.
I'm also an ABC - American Born Chinese. This dynamic played out in the fears that I had to get over to make this move. I've mentioned my dad many times before in this blog, and one of the cultural things I had to get over was the strong desire to please your parents. My dad wasn't quite Tiger Mom (thank goodness) but the cultural values were there. I'm happy to report, my dad recently sent me an article that said people who were doing what fulfills them were happier and lived longer. He also has been helping me with one of the new ventures I've started up. So things have turned out great on that front as well.
I was originally going to go into entrepreneurship cold turkey... No income, only a bunch of ideas that needed vetting out. But I was lucky that an opportunity came along with a company called oneCARE, a much smaller company (actually 1000X smaller) who among other things licenses P&G brands and comes up with the smaller products off that brand (i.e. anything Bounce that's not dryer sheets, anything Tide that's not detergent). It was a perfect fit as they were located in Cincinnati and could use my experience with P&G. They also were great in providing me the flexibility to work part time so I could work on my entrepreneurial ventures. I hope to reward them for this opportunity by launching a bunch of products!
I'm hoping this post shows you the real human being behind this blog, and removes some barriers for me in networking with everyone out there.
Ta da!
Posted by Dale at 9:22 PM 2 comments
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This is big news. Almost as big as the unveiling of Superman as Clark Kent. Or maybe Spiderman as Peter Parker. OK maybe not. Before I left my job with a Fortune 50 company, I wanted to keep under the radar a bit about my entrepreneurial aspirations. I made sure to keep things separate from the company, never using company resources to do my side things, and never doing anything that would be considered a conflict of interest with the company. But just to be sure, I wanted to do more of a don't ask don't tell thing.
Now, with my new company, I've been pretty transparent with my intentions. I work 3 days a week, with the other days giving me a chance to work on outside ventures. So now, I've decided to come of the cubicle so to speak. One friend of mine asked me how that would benefit me... I think it's cool for a couple reasons. It'll make me a little more real to the readers of this blog. And second, I might be able to get some valuable contacts or advice from the people here now that I can disclose the things I'm working on.
In the next post or two, I'll disclose the company I worked for and where I work now. And if I get brave enough, I'll even post what projects I'm working on! Thanks all for keeping up with the Corporatepreneur blog all these years. I'm really looking forward to this next phase!
Coming out... of the cubicle
Posted by Dale at 11:19 PM 0 comments
Labels: personal
Related Corporatepreneur Posts:As I was winding down my time at my big corporation, I figured I'd take advantage of my medical benefits while I had them. I was also trying to figure out what my new years resolutions were, so I figured I'd be data based in my resolutions.
I had a few things I was concerned about, things that most Americans were concerned about. These things included my weight, cholesterol, and salt intake. I went and got a physical with a full workup. Everything was fine, except the cholesterol might've been a little high, so they wanted to do some follow-up. I asked my doctor about salt intake, and he said if you're not feeling your fingers swell up, that means your body is taking care of it fine.
The follow up on the cholesterol came back everything was fine. So OK, what do I need to set my New Years resolution to fix? Looking at myself in the mirror, I figured I had some room for improvement on my weight. So I went to the fitness center and asked for a body fat measurement. The lady gave me a thing to hold, and it measured 18%. OK, there's a number I can work on reducing. The only data point I knew about body fat was Shaquille O'Neal in his prime was 4%. I looked on the wall, where there was a poster of body fat percentages and what they meant. 18% correlated to moderately lean. The fitness lady said "Hmm, that's very good." So nothing to fix here I guess.
The company also offers counseling as a benefit, and people recommended I go see one before making a huge decision like this. I also wanted to work on this issue of mine where I'd never want to start anything. So I went to see a counselor. After a few sessions, I realized I knew and had thought of everything he was asking me about. Was I financially ready? Was I emotionally ready? Recall I had blogged earlier about all the fears I had and how I overcame them. He wasn't really helping with the "never starting anything" issue, so I figured it was something that everyone had issues with and I needed to get over myself. So, no issues here.
So after a physical, body fat measurement, and counseling session, I came to the conclusion: THERE'S NOTHING WRONG WITH ME. The data said so. Sure, I can eat better and gain a bit more muscle and be a more efficient worker. But the way I am now shouldn't stop me from doing anything. I needed to stop thinking there was something with me and using that as an excuse for anything.
Figuring out everything that's wrong with me - surprise!
Posted by Dale at 9:31 PM 0 comments
Labels: Motivation
Related Corporatepreneur Posts:Goal: From now until 3/27, not counting two weeks in there where I'm on vacation, I will book 15 hours per week of focused, concentrated work on business ideas. I recently discovered slimtimer.com which allows you to time yourself and tag what the time was used for.
Reward: My baseball team, the Milwaukee Brewers, play in my current city, Cincinnati, on OPENING DAY 3/31. A friend with season tickets gave me the chance to buy 2 tickets, which I've purchased. If I make it, I will go to opening day. As a twist, I will treat the 2nd ticket to a friend who's been a peer mentor for me in the entrepreneurship world. This will not only get me motivated to complete this, but he will also be motivated to help me!
Punishment: I will sell or give away the tickets and donate $50 to a charity of a team I hate. I'm thinking New York Yankees right now, I'll hafta do some research on that.
Thanks again to Neville for providing the inspiration for this type of goal setting!
My goal, reward, and punishment for the next month or so
Posted by Dale at 8:47 AM 2 comments
Labels: Motivation, Tips and Tricks
Related Corporatepreneur Posts:Hello everyone. I'm happy to announce that I've joined the ranks of the people who've taken the plunge. Last week, I resigned from the Fortune 50 company I've worked at for 10 years. Originally, I was going to go cold turkey into entrepreneurship, but I got a great opportunity to work part time as a consultant while doing entrepreneurial ventures on the side.
More to come. Thanks to all who read this blog (should we call it "Preneur" now?) for your advice and support. It's a little surreal to me after reading about everyone else doing it, that I've done it myself.
A major announcement
Posted by Dale at 11:45 PM 3 comments
Labels: Entrepreneurship, Stop working for the man
Related Corporatepreneur Posts:Over the holidays, I received an Amazon Kindle for my birthday. I turned it on, took a look at the first page, and swiped my hand across the screen to go to the next page.
It took me a good 3-4 swipes before I realized that I needed to press the ">" button to go to the next page.
Lessons from a Kindle
Posted by Dale at 1:07 AM 0 comments
Labels: corporations
Related Corporatepreneur Posts:Paraphrasing from the movie The Social Network:
Hot Stanford co-ed, getting out of bed: Where do you work?
Lucky guy still in bed: I'm an entrepreneur.
HSCE: So you're unemployed?
One thing that I've wondered about is if my social status would take a hit if I didn't have a full time job (I don't have that much social status to begin with). How many people would understand I did it by choice? Although analyzing the situation more, the lucky guy was asked that question the next morning. Continuing with the dialogue:
Lucky guy: You ever heard of Napster?
HSCE: Yup
Lucky guy: I invented it
HSCE: Wow, I slept with the guy who invented Napster.
The moral of the story: If you don't have a full time job by choice, you can increase your social status by doing something cool, even if it doesn't make money. I.E., if you're gonna quit your job, go invent Napster!
How to answer the "So what do you do?" question
Posted by Dale at 8:44 PM 0 comments
Labels: Entrepreneurship, Motivation
Related Corporatepreneur Posts:Four months ago, I posted my fears for all to see in the hopes of shrinking them down to size. Another benefit to posting them out there was it gave me something tangible to go off and work on. I'm happy to say 4 months later, although I haven't eliminated all of those fears, I've gotten a handle on them and feel really empowered to go after what I want. Here's an update to each:
Former Fear #1: My dad will be pissed/scared/hurt
One of the recent "thought experiments" I've done is to imagine I'm 90 years old and telling stories to people. When I say "60 years ago, when I was in my 30's, I..." there were two ways to complete that sentence. 1. I quit my job and went and got my MBA in real life. I (totally succeeded/totally bombed) and learned a lot and had a lot of fun. Or 2. I stayed in a well paying job where they didn't really use my skills and hung out for 30 years because I was afraid my dad (your great great grandpa) would be pissed/scared/hurt. Suddenly, it was clear what life was all about. My dad would get over it.
It was also very helpful that my younger sister and I are our biggest supporters. My sister, who lives near my parents, told me recently that she started working on my dad for me. She told me the whole line of questioning she used, starting with something like "Don't you want him to be happy? He's not happy where he is... he'll be fine, he's smart and resourceful." She's paying me back for our entire childhood where I paved the way for her (including the time she asked a girl to the Homecoming Dance for me, so when she got to high school our parents would let her go). She basically is saying "do what you need, I'll take care of dad."
Former Fear #2: I'll fail miserably and hafta take a job that's much worse than the job I left
In a corporation, they grade on a curve, so to speak. 6% of the organization has to be rated "below expectations." I joined this 6% club, mainly because my organization doesn't value entreprenurial type people. One of the reasons was I didn't use our standard tools for my non-standard projects. Doesn't that actually sound like a reason to promote someone? So I ask myself this question: Why do I need to take this?
I also put together another thought. If I quit and go get a "real life MBA" so to speak, doesn't that make me more attractive to the type of company I'd like to work at, should I decide to go back to a company? I also went out and talked to all my friends who own businesses to see if there were things I could offer them. One particular friend was very interested. So I'm covered, I won't crash and burn right away at least.
Former Fear #3: I just don't have the drive to do what it takes.
This trait of mine still rears its ugly head. I've done a lot of work trying to figure out why I'm like this and what would get me out of it. I recently read The Birth Order Book: Why You Are the Way You Are, and it talks about first borns (which I am) and how they're perfectionists. I'm far from a perfectionist, but I read on anyway. Then it got to a part where it talked about another type of perfectionist: a frustrated perfectionist. This person is a perfectionist at heart, but is so afraid of criticism he gives up and doesn't finish things. This point hit home so much. I'm still working through this, and even looking to see if I can get some coaching.
I tried to work through this issue over the last 2-3 months by doing the 5 hours a week = iPhone 4 method. I tracked my work and booked hours, and I was able to do 5 hours a week for 2 months. After that, I upped it to 6 hours a week for a couple more weeks. This way I didn't have time to think about making something perfect, just book the hours. However, the last 3 weeks I haven't done any work on my projects. Blogging tonight is an attempt to get back on track. I think the issue is my project was to the point where I was close to involving other people; and that's when the fear of imperfection and criticism kicks in.
Former Fear #4: I'll never find a mate.
One thing I've started doing was to work on meeting people outside of work. Interestingly, Adam McFarland just put up a great post entitled Maintaining a social life after leaving the corporate world. I'm not necessarily doing it to find a mate, but more to prove to myself that a social life exists outside of the company. I've joined a minority young professional group (while I can still call myself a "young" professional) and met some great people there. And yes, I've also met a couple of people that interested me that didn't work for my company.
So things have gotten pretty clear to me. I'm taking the holidays to reflect on my next step, but my biggest fears have been brought under control.
My fears - 4 months later
Posted by Dale at 9:41 PM 2 comments
Labels: Barriers, corporations, Entrepreneurship, Fears, Motivation
Related Corporatepreneur Posts:I have started a new online experiment with Fantasy Stats Blog.
For a few years now, I have been doing my own statistical rankings for Fantasy Baseball and Basketball leagues. Without going into all the bland details, I find that rankings tend to overvalue Points in basketball and HRs and RBIs in baseball. I also use it to balance my teams across each of the 8 normal categories used in Fantasy.
So I created this page to sell my rankings and team optimizer. For the few weeks before the NBA season started, I was using Google Adwords to try and sell my program for $9. Various football programs and subscriptions go for up to $25.
I sold a few but it did not cover the costs of Adwords. On Dale's advice, I have lowered the price for the rest of the post draft season to $1 to try and build a database of people who are willing to try it. Hopefully if they see the value in it for $1 they will be more likely to pay $9 next year to be able to draft with it.
Let me know any of your thoughts or comments. I think right now I have a defined product but need to work on the business model and marketing.
Fantasy Stats Blog
Posted by Dave at 2:46 PM 0 comments
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I've been taking some cues from Neville's Financial Blog lately, including setting up goals and giving yourself a punishment (like donating money to the Chicago Bears charity) for not hitting it and getting a reward (like an iPhone 4) when hitting it. Read about it here. I'm taking another cue from Nev today, and that's his Money Experiments, where the idea is you can make money with very little money. Nev's tried a few things, the most famous being enlisting a homeless guy to sell bottled water on the street.
My idea came on a recent trip to New Orleans. Walking down Decatur Street, where there are a ton of street artists, one particular piece of art caught my eye. It was a fabulous, slightly abstract painting of a jazz musician silhouetted against a lampost with "Bourbon Street" painted on it. It was painted on a wooden plank and looked like it would go great on my wall. And that's saying a ton, because I really don't care about decorating my house at all (the only decorations I had before cleaning it up to sell the house was a display of Univ of Wisconsin football ticket stubs from 1996-2000, a Yao Ming jersey, and a stadium chair from the old County Stadium in Milwaukee). The art was fabulous, so I immediately bought one for myself. I asked they artist if he had a website or if he sold his art on Ebay. He said no, it cost too much to ship, and something or other about someone else having a better website. I told him it was great and he should think about doing that.
A few days later we went back (the food is too good on Decatur Street) and I figured I'd buy one for my sister and one for my parents. Since he had a deal where if you buy 2 you can get the 3rd for half price, I thought I'd go ahead and buy a 3rd one and see if I could sell it on Ebay and make a profit. Hence, the beginning of my money experiment. I completed the experiment today, and I'm looking forward to showing you my results in the coming blog entries!
A money experiment - CP style!
Posted by Dale at 12:08 PM 2 comments
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