The Catch 22 of Great Men

I recently read an article which mentions the following quote: In 1923, nine of the most successful U.S. businessmen met in Chicago. Josh Brown writes: Within 25 years, all of these great men had met a horrific end to their careers or their lives: The president of the largest steel company, Charles Schwab, died a […]

The Balance Between Focus and Diversification

I constantly struggle with focus regarding my businesses.  I am already working on quite a few businesses and looking at numerous other deals that divert my focus.  With that being said I don’t necessarily think having a diverted focus is a bad thing, it comes down to balance in most cases and there are always […]

The Virtual “Mom & Pop”

I drove through a rural part of Maryland earlier this week.  The section of town was undergoing a lot of new development in response to a nearby growing military base.  I like to see new architecture but I started thinking about something else. Every new real estate development I see is filled with corporate and […]

Is a transparent Reputation Based Economy the Future?

Many of us take credit rating agencies and FICO scoring systems for granted.   In essence these are just tools for people starting new relationships to try and predict future actions based on past behavior.   I feel we are just starting to take advantage of the potential benefits that the Internet can provide us in this […]

Just-in-Time Education

I recently watched an Interview with Brian Clark in which he mentioned the idea of “Just-in-Time Education”.  This is the idea of learning a skill when work or life calls for it, and this is possible because of the Internet. This concept is a revelation to me.  It pretty much sums up everything I have […]

The Age of Makers

I have dug into the beginnings of Apple learning about Jobs and Wozniak and how they got their start.  It is great listening to both of them in interviews.  You get very different perspectives about the same events.  One very interesting point was Wozniak’s description of these homebrew computer clubs he used to attend.  If […]

Taking Advantage of Available Tools: Onboarding a new employee for $3

It is important to think and be grateful for what we have in life and the opportunities that are available to us.  I like to spend time every day looking and wondering at all the little things that we all take for granted which took millions of minds building and iterating over years and years […]

Partnering with the Right People

One of the most difficult aspects of business is finding good partners for your business.  One of the struggles is finding people who are smart, ambitious, and hardworking, as well as trustworthy and having integrity. I have had experiences in which potential opportunities arise, but I cannot easily determine the honesty and integrity of the […]

Considerations in Maximizing Asset Value

We all should want to maximize the value of our assets. By asset, I mean anything you own that earns you a return, which could be a business, property, website, etc.  It is important to continually analyze your assets to look for opportunities to earn better returns.  Further, analyzing competing assets to see where you can […]

Motivation: Employees vs. Sales people vs. Owners

There are three classes of workers. Employees Sales people Owners I want to focus on the core differentiating factors that clearly affect people’s actions and shape the way they work. We are all motivated by growth. Employees An employee’s growth is linked generally to how people view them internally, i.e. a direct manager that has […]