{"id":6641,"date":"2015-08-12T21:00:36","date_gmt":"2015-08-13T04:00:36","guid":{"rendered":"http:\/\/www.ttinvent.com\/?p=6641"},"modified":"2015-11-07T08:01:43","modified_gmt":"2015-11-07T16:01:43","slug":"041-kirk-bowman","status":"publish","type":"post","link":"http:\/\/developinginnovators.com\/education\/?p=6641","title":{"rendered":"048 &#8211; The Value of Entrepreneurship with Kirk Bowman"},"content":{"rendered":"<p><a name=\"backtotop\"><\/a>\u00a0<\/p>\n<p style=\"text-align: center;\"><div class=\"smart-track-player-container stp-color-60b86c-EEEEEE spp-stp-desktop\" data-uid=\"cec87a9a\"><\/div><div class=\"spp-shsp-form spp-shsp-form-cec87a9a\"><\/div>\n<div align=\"center\">\n<table border=\"0\" width=\"90%\" cellspacing=\"5\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td style=\"vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"360\">\n<p><img loading=\"lazy\" class=\" alignnone\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/08\/kirkBowman.png\" alt=\"\" width=\"350\" height=\"350\" align=\"left\" hspace=\"5\" vspace=\"5\" \/><\/p>\n<p style=\"text-align: center;\"><p><div class=\"su-button-center\"><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/table-top-inventing\/id924905062?mt=2&amp;uo=4\" class=\"su-button su-button-style-stroked\" style=\"color:#FFFFFF;background-color:#2A339F;border-color:#222980;border-radius:5px;-moz-border-radius:5px;-webkit-border-radius:5px\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color:#FFFFFF;padding:6px 16px;font-size:13px;line-height:20px;border-color:#6a71bc;border-radius:5px;-moz-border-radius:5px;-webkit-border-radius:5px;text-shadow:none;-moz-text-shadow:none;-webkit-text-shadow:none\"><i class=\"sui sui-thumbs-o-up\" style=\"font-size:13px;color:#FFFFFF\"><\/i> Leave a Review in iTunes<\/span><\/a><\/div><\/p>\r\n<h2 align=\"center\"><span style=\"font-size: 14pt;\">\u00a0Get updates every week. <\/span><br \/>\r\n <span style=\"font-size: 14pt;\">Subscribe in iTunes, YouTube, or Libsyn!<\/span><\/h2>\r\n<div align=\"center\"><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/table-top-inventing\/id924905062\" target=\"_blank&quot;\"><img src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/01\/iTunes.jpg\" alt=\"Subscribe in iTunes\" width=\"75\" height=\"75\" \/><\/a><a href=\"http:\/\/ttinvent.libsyn.com\/\" target=\"_blank\"><img src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/01\/libsyn.jpg\" alt=\"Subscribe in Libsyn\" width=\"75\" height=\"75\" \/><\/a><a href=\"http:\/\/www.youtube.com\/subscription_center?add_user=TableTopInventing\" target=\"_blank\"><img src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/01\/YouTube-Button-150x150.png\" alt=\"YouTube-Button\" width=\"75\" height=\"75\" \/><\/a><\/div>\r\n<div style=\"text-align: left;\" align=\"center\">\u00a0<\/div>\n<div style=\"text-align: left;\" align=\"center\">\u00a0<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" valign=\"center\">\n<p style=\"text-align: center;\"><span style=\"font-size: 10pt;\">[<a title=\"Jump to &quot;In This Episode&quot;\" href=\"#InThisEpisode\">In This Episode<\/a>][<a title=\"Jump to &quot;Guest Bio&quot;\" href=\"#GuestBio\">Guest Bio<\/a>][<a title=\"Jump to &quot;Additional Notes&quot;\" href=\"#AdditionalNotes\">Additional Notes<\/a>][<a title=\"Jump to &quot;Text Transcript&quot;\" href=\"#TextTranscript\">Text Transcript<\/a>]<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 275px; vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><strong><span style=\"font-size: 14pt;\"><a id=\"InThisEpisode\"><\/a>In This Episode<\/span><\/strong><\/h2>\n<p class=\"p1\" style=\"padding-left: 30px;\">How does a music teacher for a school district create a successful software business?\u00a0\u00a0 What is the connection between entrepreneurial thinking and great school performance?\u00a0 How can farm work encourage a young man to become an entrepreneur?\u00a0 Listen in for the wide ranging answers in today&#8217;s podcast!<\/p>\n<p class=\"p1\" style=\"padding-left: 30px;\">Hey there, Innovation Nation!\u00a0 Our guest today has a broad background with a distinct entrepreneurial thread.\u00a0 Entrepreneurs are the reason we have iPhones, cars, planes, and most other modern conveniences.\u00a0 They see a problem in the world and proceed to fix it.\u00a0 I came across a great quote today about entrepreneurs from <strong>Nolan Bushnell<\/strong>.\u00a0 He says,<\/p>\n<blockquote>\n<p class=\"p1\" style=\"padding-left: 30px;\"><em>&#8220;The critical ingredient is getting off your butt and doing something. It\u2019s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.&#8221;<\/em><\/p>\n<\/blockquote>\n<p class=\"p1\" style=\"padding-left: 30px;\">Nolan knows what he&#8217;s talking about because he&#8217;s done quite a few things including starting Atari and Chuck E. Cheese&#8217;s Pizza.\u00a0 He lives entrepreneurship and his son, Brent Bushnell who was on our podcast earlier this year, caught the same entrepreneurial bug, and we want to pass that same spark onto all the kids in our Inventor&#8217;s Bootcamp this summer.<\/p>\n<p class=\"p1\" style=\"padding-left: 30px;\">If you think about many of the tech startup companies such as Apple, Google, Facebook, etc., they were started by passionate young entrepreneurs that caught the vision early.\u00a0 We know how to fan those flames in our Inventor&#8217;s Bootcamp.\u00a0 We introduce teens to technologies they never knew they could learn, and then set them loose to innovate.\u00a0 Kevin is one of those teens.\u00a0 He started by learning about 3D printing, and recently his mother told me that he&#8217;s begun taking all kinds of things apart at home just to see how they work!<\/p>\n<p class=\"p1\" style=\"padding-left: 30px;\">Today our guest, <strong>Kirk Bowman<\/strong>, is from the great state of Texas, and he and I discuss the effects of entrepreneurial tendencies on his life trajectory.\u00a0 He started his first business as a farm kid selling blackberries and now has a software company and is starting a consulting business focused on helping businesses properly price their products.\u00a0 Join me for a fascinating discussion about how entrepreneurial thinking can shape your world.<\/p>\n<p><a style=\"font-family: inherit; font-size: inherit; line-height: 1.5;\" href=\"#backtotop\"><img loading=\"lazy\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2014\/11\/top.gif\" alt=\"Click here to go to the top of the page\" width=\"17\" height=\"9\" \/><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 275px; vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><a id=\"About\"><\/a><strong><span style=\"font-size: 14pt;\">About\u00a0Kirk<\/span><\/strong><\/h2>\n<p><a href=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/08\/Screen-Shot-2015-08-07-at-1.52.40-PM1.png\"><img loading=\"lazy\" class=\"  wp-image-8312 alignright\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/08\/Screen-Shot-2015-08-07-at-1.52.40-PM1-350x148.png\" alt=\"Screen Shot 2015-08-07 at 1.52.40 PM\" width=\"303\" height=\"128\" srcset=\"http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/08\/Screen-Shot-2015-08-07-at-1.52.40-PM1-350x148.png 350w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/08\/Screen-Shot-2015-08-07-at-1.52.40-PM1-300x126.png 300w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/08\/Screen-Shot-2015-08-07-at-1.52.40-PM1.png 408w\" sizes=\"(max-width: 303px) 100vw, 303px\" \/><\/a>In August 2009, Kirk was the advocate for hourly billing\u00a0(the irony) for a panel discussion on estimating and billing at the\u00a0<a href=\"http:\/\/www.filemaker.com\/developers\/devcon\/\" target=\"_blank\">FileMaker Developer Conference<\/a>. Another developer on the panel was an advocate for value pricing. He\u00a0said:<\/p>\n<blockquote>\n<h4>If you bill by the hour, there is an artificial limit on your income.<\/h4>\n<\/blockquote>\n<p>Kirk&#8217;s internal reaction was \u201cHeck no!\u201d<\/p>\n<p>Kirk spent the next 3 months studying value pricing. Then in November, he made a\u00a0<a href=\"http:\/\/filemakertalk.com\/media\/09_fmt031_ValueBilling.mp3\" target=\"_blank\">public commitment<\/a>\u00a0on the FileMaker Talk podcast to switch from hourly billing to value pricing with\u00a0<a href=\"http:\/\/www.mightydata.com\" target=\"_blank\">MightyData<\/a>, his software company. Then Kirk hired a value pricing consultant to help him make the switch.<\/p>\n<p>His first value pricing proposal was for a custom healthcare application. After identifying the value that the project would create for the customer, Kirk doubled the price he would normally have charged and won the business.<\/p>\n<p>Within 12 months, Kirk made the switch to value pricing with all of his customers. Their revenue increased by\u00a0<strong>56%<\/strong>\u00a0the first year.\u00a0The next year, his revenue increased by\u00a0<strong>79%<\/strong>. And, Kirk has never looked back.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 275px; vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><span style=\"font-size: 14pt;\">What is the Purpose of an Education?<\/span><\/h2>\n<blockquote>\n<p>\u00a0<em>&#8220;Formal education is to teach you how to learn, so that when you become responsible for your learning you can do it well.&#8221;<\/em>\u00a0 &#8212;<strong>Kirk Bowman<\/strong><\/p>\n<\/blockquote>\n<p class=\"p1\"><a style=\"font-family: inherit; font-size: inherit; line-height: 1.5;\" href=\"#backtotop\"><img loading=\"lazy\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2014\/11\/top.gif\" alt=\"Click here to go to the top of the page\" width=\"17\" height=\"9\" \/><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><strong><span style=\"font-size: 14pt;\"><a id=\"AdditionalNotes\"><\/a>Additional Notes<\/span><\/strong><\/h2>\n<p><strong>Connect:<\/strong><\/p>\n<ul style=\"list-style-type: square;\">\n<li>Art of Value podcast: <a href=\"http:\/\/artofvalue.com\/show\/\" target=\"_blank\">http:\/\/artofvalue.com\/show\/<\/a><\/li>\n<li>Twitter:\u00a0@ArtOfValue<\/li>\n<li>Facebook:<a href=\"https:\/\/www.facebook.com\/artofvalue\" target=\"_blank\"> https:\/\/www.facebook.com\/artofvalue<\/a><\/li>\n<li>Websites:\u00a0<a href=\"http:\/\/ArtOfValue.com\" target=\"_blank\">ArtOfValue.com<\/a>,\u00a0<a href=\"http:\/\/mightydata.com\/\" target=\"_blank\">http:\/\/mightydata.com\/<\/a><\/li>\n<\/ul>\n<p>\u00a0<a href=\"#backtotop\"><img loading=\"lazy\" class=\"\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2014\/11\/top.gif\" alt=\"Click here to go to the top of the page\" width=\"17\" height=\"9\" \/><\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 275px; vertical-align: top;\" colspan=\"2\" valign=\"center\" width=\"275\">\n<h2><strong><span style=\"font-size: 14pt;\"><a id=\"TextTranscript\"><\/a>Full Text Transcript &#8211;\u00a0<\/span><\/strong><span style=\"font-size: 14pt;\"><strong>Coming Soon!<\/strong><\/span><\/h2>\n<p class=\"p1\"><a href=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/08\/KirkBowman.jpg\"><img loading=\"lazy\" class=\"alignnone  wp-image-8311\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2015\/08\/KirkBowman-350x280.jpg\" alt=\"KirkBowman\" width=\"300\" height=\"240\" srcset=\"http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/08\/KirkBowman-350x280.jpg 350w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/08\/KirkBowman-300x240.jpg 300w, http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/08\/KirkBowman.jpg 500w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><a href=\"#backtotop\"><br \/> <img loading=\"lazy\" src=\"http:\/\/ttinvent.com\/wp-content\/uploads\/2014\/11\/top.gif\" alt=\"Click here to go to the top of the page\" width=\"17\" height=\"9\" \/><\/a><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>How does a music teacher for a school district create a successful software business? What is the connection between entrepreneurial thinking and great school performance? How can farm work encourage a young man to become an entrepreneur? Listen in for the wide ranging answers in today&#8217;s podcast! <\/p>\n<p>Today our guest, Kirk Bowman, is from the great state of Texas, and he and I discuss the effects of entrepreneurial tendencies on his life trajectory.  He started his first business as a farm kid selling blackberries and now has a software company and is starting a consulting business focused on helping businesses properly price their products.  Join me for a fascinating discussion about how entrepreneurial thinking can shape your world.<\/p>\n<div class=\"read-more\"><a href=\"http:\/\/developinginnovators.com\/education\/?p=6641\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":8310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"_links_to":"","_links_to_target":""},"categories":[387,337],"tags":[491,492,427,490,496,493,495,494],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"http:\/\/developinginnovators.com\/education\/wp-content\/uploads\/2015\/08\/Kirk_Bowman_About-240x300.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9PzL0-1J7","_links":{"self":[{"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/posts\/6641"}],"collection":[{"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6641"}],"version-history":[{"count":17,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/posts\/6641\/revisions"}],"predecessor-version":[{"id":8787,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/posts\/6641\/revisions\/8787"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=\/wp\/v2\/media\/8310"}],"wp:attachment":[{"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6641"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/developinginnovators.com\/education\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}