Business & Finance Archive

Become Rich: Made in China. As Seen on TV.

Image via Wikipedia We’ve all had these moments: “Hey, Wouldn’t it be cool if we made….” “I’ve got a really great idea. We should make…” “Dude, This is genius. We are going to make….” If you’ve recently had one of those light bulb, Velcro, post-it note, window in envelope idea moments, now is the time to make it and sell it. Here’s how: MADE IN …

Dear Jeff Jarvis – Here’s Some GoogleJuice

I recently finished reading What Would Google Do by Jeff Jarvis. This book is important for so many reasons, but the most important point of the book is that fundamentally, business in general is changing. Economics, supply and demand, manufacturing, education, fashion, government, finance, all of it is changing and unless you understand these changes and adopt a newer way of thinking, you will be …

How to save the Auto, Housing, and Credit industry in 4 easy phases

Here is how we are going to fix the housing, auto and credit crisis in 4 phases: 1. Phase I – “The Boot” All of the people that bought houses they couldn’t afford get thrown out and forced somewhere else. Apartments, affordable housing, shelters, or cardboard boxes. (Note to clowns: Next time you go shopping make sure you check your wallets.) 2. Phase II – …

Salanalytics

Sales People: How much time do you spend with your clients discussing numbers, data or research? Analytics & Quant People: How much time do you spend interfacing with clients? The line between being a sales person and being an analytics/quant person is fading and fading fast. Technology has enabled anyone and everyone with access to huge amounts of information at any given point of time …

Glorified Plumbers

Image via Wikipedia I always thought I wanted to be a doctor when I was younger. I joined the National Ski Patrol at age 14 (EMT on a snowboard), attended a National Youth Leadership forum on Medicine, signed up for Biomedical Engineering in college, sat in on 3 open heart surgeries (thanks to my uncle who is an electrophysiologist), and set out on a path …

Just buy something.

If you have some cash lying around, why not buy something in this market. Prices are cheap, and while they may get cheaper, you can get a good deal on most companies listed on the market. If you are looking to get rich quick, then stay on the sidelines. But if you are looking to pick up some equity in your favorite companies and hold …

Gamesmanship

It’s like playing chess only with companies. Quick story: In the 80’s Gillette and BIC battled out market share for the disposable lighter. They each had their own product, and each tried to outsell and out perform the other. Gillett’s solution to compete with BIC was to completely stop making lighters. Let me repeat. In order to make more money, they would make less product. So …

Building a farm, planting a tree.

You can teach someone how to pick an apple from a tree or you can teach someone how to plant an apple tree. I planted an apple tree about 3 years ago, when I started a college marketing company called Runaway Productions. Although my personal and direct involvement was extensive, educational and rewarding, the greatest reward came thereafter. I had recent conversations with its new …

Well we’re living here in Allentown

As I was driving home the other night from Vermont, I was listening to some Billy Joel. The song Allentown came on, and I could not help but to think how disappointingly appropriate the song is for the current times. Today was a mess. Well we’re living here in…the United States… Well we’re living here in Allentown And they’re closing all the factories down Out …

Free Market Economy

Not in one anymore. Consider this: This is the first time in my lifetime, as well as the lifetimes of everyone in my generation, that we are experiencing something very, very BIG (financially)…or as Warren Buffet put it… “We are facing financial Pearl Harbor” The real effects or magnitude of this situation are still incomprehensible to me. Once this bailout officially goes through, which it …