It’s always amazing when I see photos of old houses. In old houses all the future was turned in – toward the center of the room. Chairs faced each other or at least faced something simple like a fireplace or bookshelf. Today there has been a fundamental shift in the floor plan of most residences. […]
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 […]
I hate textbooks. Not a little bit. I hate them immensely. I really don’t know how it started, but the passion burns brighter everyday. In my defense, it’s not an unreasonable hatred. It is entirely merited You see, textbooks are a reflection of a broken system. Textbooks are higher education’s last laugh. They are the […]
Unfortunately, I didn’t get a chance to watch the presidential debates this season. People who know me tend to be slightly surprised at this fact, but I had good reasons. Usually I was involved in some sort of homework or visiting with friends or family. It’s not that I don’t care about the election. On […]
The Music Business: As someone who is extremely passionate about music and someone who cares a lot about businesses and entrepreneurship, my interest in the music business is only natural. Now I’m no expert on the business, but I’m moderately well-read, and I have observed the rise and fall of several artists throughout the years. […]
Perhaps the most dangerous thought that haunts young adults today is the fear of not discovering their purpose. In youth groups and small groups around the country, we constantly ask the question, “What is your purpose?” And this seems on the surface to be a valid question. I mean no disrespect to Mr. Rick Warren […]