As I wrap up my final semester in the MBA program, I’ve been thinking back on the class offered over the past year. Many of the classes have been helpful, but there are still huge gaps in what I know. I’ve done my best to fill in those gaps with outside learning, but I still […]
But your assumptions do. All predictive data sets are based on certain assumptions. Whether you are estimating costs or returns, there are a few inherent assumptions in the data. Even if these assumptions are off slightly, drastic differences appear in the end result. The first step after developing a mathematical or statistical model is to […]
The other day I was having a conversation with a friend who has already created and sold one business. He had just finished speaking with a class on the traits that make a great entrepreneur. We started discussing what makes a great entrepreneur. Our conversation was filled with a lot of the cliches – some […]
“All the easy stuff has already been done.” – Seth Godin Today we have opportunities that no generation before us ever had. We have more resources, more influence, and the lowest cost of learning that the world has ever seen. Information is available everywhere. That means two things. First, it means we can do more […]
The language of business and the language of war are often identical. Terms such as target market, competition, offensive and defensive strategy, and war room scream conflict. And these terms have come into our vocabulary because business can indeed feel like a war. But the truth is business is much more than a war. A […]