Biz Philo

Business Philosophy:

Vision is Power – The old adage used to be knowledge is power, but that was when information was scarce. Now that information is plentiful and inexpensive, knowledge is pretty easy to come by. The key today is vision. Advances in computers have given us the tools to do great things. The hard part is not figuring out how to use computers or the Internet; the hard part is deciding what to do with all this power. Knowledge is important, but without a vision, you’ll find yourself paralyzed by indecision.
Business is Art - Building an organization that earns profits is a creative process, but for some reason there is a rift between artists and business people. Businessmen stifle creativity by putting on suits and joining the corporate autocracy while most artists feel that a concern for money will inhibit their artistic expression. My goal is to show that an artistic business person will earn more money than the conservative businessman and will create more relevant art than the starving artist.
The Pursuit for Profits is Noble – Each business transaction is an agreement that a trade of money for goods is a net gain for all parties. If you want to feed the poor, instead of begging for donations; start a company, work hard for 20 years, then sellout and use your wealth to build a well funded organization to help the poor.
Build a life, not a company - I am building a life, not just a company. Madden’s INternet Marketing and Services (M.I.M.S.) is the money making part of my life, but going out, spending money, building relationships, staying healthy, etc, are just as important as maintaining my money making operations.
Focus – If you pick a focus, you can become the best at it and earn profits by selling to those who can’t possibly compete with you because they aren’t as focused as you. Being the best within a specific focus can earn you money, while trying to do many things will not allow you to become a valuable provider of any one thing. I choose my business niches carefully and seek to dominate the sector I focus on.