News & Views for Business Success

        

June 21, 2012

Jigsaw's purpose is to support entrepreneurs, small businesses,
and a sustainable economy in the Wood River Valley.   
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Greetings!  Mountain Rides is doing a great job gathering public input regarding a potential bus hub to support transit efficiency and needed route links in Ketchum. It has structured a four-part process over the next few months, each one addressing a different aspect of the hub question.  

 

This week's open houses provided information on the existing bus  system - usage and routes in particular; the public was asked to critique the system and suggest what might be provided that isn't available now.   

 

I'll leave it to the Mt. Express to report the findings from both open houses but my informal review of the afternoon's written comments showed that the system is much appreciated: drivers are terrific and helpful, bike portability is excellent, the North- South Valley route is especially valuable, and service is on-time. Constructive comments were to streamline route linkages and make them less confusing, and add nighttime service. (I asked that dogs be allowed). Many people felt a hub made sense - but were unwilling to commit to one without first knowing what its location might be.  

 

Kudos to Mountain Rides for responding to public concerns about creating a hub. By stepping back and crafting a responsible, professional approach to seeking give and take between itself and the public, it has assured that our community will achieve the best possible outcome. Mountain Rides has chosen to educate us about the current transit system and ask for feedback about its ideas. This avoids the potential pitfalls of Board member insularity while empowering public interest and support for the organization given its responsiveness and respect for the public's intelligence.   

 

While Mountain Rides is now going slow - sometimes a frustrating aspect of public process - it is nevertheless working with a well-laid out strategic plan, target dates, and a target endpoint. Further, it has clearly and transparently laid these out for the public to see and anticipate. It has also recruited a substantial number of helpful "guides" who objectively provided information and guidance to the open house process. Thanks for the excellent effort to the Mountain Rides Board and Executive Director Jason Miller.    

         

Until next week...Jima Rice

 

P.S.  I gather that last week's link to the article about New York City's "Yotels" was broken.  You can try it again here.      

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Jigsaw Events and Notices

 

1. The Wood River TimeExchange's next community potluck will be Friday, July 6th.  We are looking for volunteers to host either in Ketchum or Hailey.  Please call Manon Gaudreau (788-3876) or myself if you're interested.   

 

2. Jigsaw has chosen June as Strategic Thinking Month.  We invite you to attend our second catered "lunch and learn" for the month.    

     

Rick Ritter, CEO of Idaho TechConnect, will address "How

to present your business strategically" on Wednesday,   June 27, noon-1:15 at the YMCA.  Cost: $15. 

 

Rick will be available for consultations from 10 a.m.-5 p.m. (except during lunch) to talk with entrepreneurs. Call Jima @ 726-1848 for an appointment.    

Realities about SBA Loans   

 

There are three myths about SBA loans that are debunked in this helpful N.Y. Times blog by Ami Kassar, founder of MultiFunding which matches small businesses to funding sources.

About Social Entrepreneurship  

     

Wikipedia defines social entrepreneurs as "people who have noticed a need in their community or somewhere in the world, and have come up with a way of remedying that issue through the application of market principles. The remedy could be creative, innovative, 'out of the box,' the way most entrepreneurs tend to think..."  Interestingly, discussion of social entrepreneurship rarely mentions the business model.  Is it not-for-profit or for-profit?  In fact, it can be both.

 

Having clarified that, here's a response from Dowser to David Brooks' N.Y. Times column re: social entrepreneurship.  (Note that neither article mentions a business model!)       

Entrepreneurial Opportunities Are Everywhere   

 

Adam Nelson, creator of Good Nite Lite, provides a great example of listening and pursuing a simple idea to a successful end, as reported in Entrepreneur Magazine

This "Non-Profit Corner" is sponsored by the Wood River Women's Charitable Foundation. 

  

Even Small Non-Profits Can Have High-Impact 

  

The authors of Forces for Good, about creating high-impact non-profits, share their ideas about how small non-profits can also achieve deep impact in their local communities.  The article is from the Stanford Social Innovation Review