Tag: Rod’s Blog

How Todos Supermarket Found Success By Giving People ‘Their Food’

Todos Supermarket Owner

By Rod Loges (This article originally appeared in Potomac Local on March 1, 2016) One of the biggest myths in the business world is the concept of the “overnight success.” Many businesses that seem to pop up overnight are, actually, the result of long periods of trial-and-error. I have written before about the need for […]

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Trust Me, You Want to Be A Failure First.

By Rod Loges It’s fun to see a group of small business owners form a group, grow, and learn together. These folks wear multiple hats, juggle multiple tasks, work with multiple people, many times across multiple platforms. There is little if anything small about the “small” business owner. At One Degree Capital, we refer to […]

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One Wrong Letter Cost $2,000, Ruined a Friendship

By Rod Loges  As I mentioned in my last article, my keg delivery business taught me the value of being diversified. My very determined competitors helped me learn that one (did they really have to flatten all FOUR tires?) By my second year in business, I had added custom-printed shirts to my service offering. That addition […]

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Lessons in Perseverance From My College Keg Business

By Rod Loges   When I tell people about One Degree Capital, I often hear things like “Oh, I’d love to start my own business doing ‘XYZ’ someday.” To the outsider, it often looks easy to own a business. The reality is that business owners face challenges and surprises all the time. It takes a […]

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Pies and Wine So Good, Mom’s Has a Great Business Plan

By Rod Loges There is a perfectly logical reason for the location of Mom’s Apple Pie Bakery and Wine Shop in Occoquan: It is the first place you will want to visit when you pull into town, and also before heading back out of town. Yep, Mom’s is that good. Of course, Mom’s bakes some fantastic pies (second […]

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To Compete with Big Box Stores, Your Business Should Be Creative and Unique

By Rod Loges In today’s “big box” retail world how do small business owners stand out and compete? One way is by building their own community of champions and collaborators. All around us are great examples of how small business owners have created their own community (or One Degree World, as we call it around […]

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Building a Business is a Team Effort – With a Little Help From Our Friends

by Rod Loges My first lesson in the value of mentors came early – and hard. On July 3rd, 1985, I was enduring the first grueling week (called “Ground Week”) of the U.S. Army Airborne School. My Student ID – printed boldly across my helmet – was 141 (yes, 30 years later I remember my […]

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How Knowing ‘Why’ Led Website Developer WIX to $1 Billion

 by Rod Loges Five, four, three, two, one… Happy New Year! Well, almost! The New Year is a great time to evaluate our business goals and make sure we know the answer to the question, “Why do we do what we do?” Here is a great example: Avi, a business associate I met in 1999, […]

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Sharing is Caring: How Businesses Can Give Back to Charities

 by Rod Loges One day not long ago a Dad was getting his daughters ready for school, and he couldn’t figure out why the lunch foods were almost gone. It was only halfway through the week and already they were low on lunch meat. The next morning he found his daughter making two lunches. When […]

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Online Lenders Missing More Than Their Stock Targets

by Rod Loges I can hear the raspy voice of my Grandpa Loges now: “Rod, you can’t email a handshake!” I was reminded of these words of wisdom today as I read Forbes’ article Once-Hot Online Lending Companies Go Cold In Face Of Skepticism highlighting the recent challenges facing two internet business lenders – lenders who […]

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