For lack of a better title
In the marketing and small business classes I teach, students often want to build products and services for bargain prices. I usually encourage them to consider building extra value into their ideas and charging customers accordingly. Apple does this and, even in a recession, still does well. Some consumers, however, are feeling more sensitive to [...]
Filed under: Business by Michael
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From an opinion piece in today’s WSJ, Daniel Henninger writes:
Barack Obama meets with a flock of nervous bankers at the White House tomorrow to reassure them he understands their interests. Good luck. There has always been tension between the Democratic Party and the private sector. That tension is over. With its vote in the House [...]
Filed under: Business by Michael
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This from the BAM Network:
“My basic theory was this: “Charities” raise funds and redistribute them. By nature, value is destroyed in the process. You hope a well run charity might take your $1 donation and turn it into 80 cents of giving. A for-profit company, however, creates value. An investor expects their $1 to generate [...]
Filed under: Business, Church/Ministry by Michael
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Stephen Moore, writing in the WSJ, offers this:
Some years ago when I worked at the libertarian Cato Institute, we used to label any new hire who had not yet read “Atlas Shrugged” a “virgin.” Being conversant in Ayn Rand’s classic novel about the economic carnage caused by big government run amok was practically a job [...]
Filed under: Business, Government, Reading by Michael
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You know your country’s tax system is messed up when… businesses scramble to SPEND MONEY at year’s end to reduce the TAXES they’ll pay on their PROFITS.
How about a system that encouraged investment and saving? Is it possible that the system has played a part in the current recession and credit crisis? Probably. At this [...]
Filed under: Business, Government by Michael
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Detroit will get its bailout, midst chides from pols. Washington could stand to take a dose of its own advice:
Congress has been suitably tough in its advice to Detroit, calling for “a complete restructuring” of our failing auto makers. But how about restructuring Washington? The federal government is a giant Rube Goldberg machine that not [...]
Filed under: Business, Government by Michael
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Of course, we all know that when life gives you lemons, you make lemonade. But when life gives you a mine field, set up a butcher shop? That’s innovative entrepreneurship!
Filed under: Business by Michael
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Remember the internship? Seth Godin is now offering a few bright and creative people the opportunity to work with him for a few months. Tuition is free. This would be a business education unlike any other you could get–at any price. It starts January 19, 2009, and you’ll need to apply by December 14. Here [...]
Filed under: Business, Learning by Michael
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Saddleback Church pastor Rick Warren gave a compelling 20-minute talk at the 2006 TED conference on leadership and living a meaningful life. Saddleback has over 22,000 members (it is the fourth largest church in the U.S.) and Warren’s book The Purpose Driven Life has sold tens of millions of copies worldwide.
I watched this video with [...]
Filed under: Business, Presentations by Michael
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The Cato Institute released its 2008 Fiscal Report Card on America’s Governors this week:
This ninth biennial fiscal report card examines the tax and spending decisions made by the governors since 2003. It uses statistical data to grade the governors on their taxing and spending records – governors who have cut taxes and spending the most [...]
Filed under: Business by Michael
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