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From docs submitted in bankruptcy court, Chrysler claims it will be profitable in 2012. This, after losing $17B in 2008. No way. Chrysler, you have products that nobody wants, that are obsolete, and are not price-competitive. The auto industry in general is broadly over-supplied. There is nothing out there that leads me to believe that you can or [...] Yesterday I had the good fortune to see Sam Zell talk. His wisdom, intelligence, and incisiveness, delivered more directly than most are capable of, is refreshing and inspiring. I liked his comments on what makes a good entrepreneur: The ability to identify problems and come up with a solution. It’s an “innate gene”: it’s an unescapable, [...] Twitter is hiring a BizDev person. Given that: Twitter’s buzz is approaching the same stratosphere as Facebooks’; My friend Brad Feld often talks about the important and constructive role that failure has in the entrepreneurial process. Today’s post-du-jour comes from Will Price, whose mentor has a great perspective on failure. The money quote: “…the key is to get up in the that batter’s box and take a swing. And all you have to do [...] Musically, I’m not a huge NIN fan. From an internet entrepreneur’s perspective, however, it appears as if Trent Reznor has an outsized dollop of business acumen. I admire his approach and learning process, and the results speak for themselves. Frank Rose’s review is a very interesting read about a man on the forefront [...] Following on the heels of my post yesterday about Internet TV: The NYT has an interesting summary of the discussions about IPTV at The Cable Show last week. Also, in the NYT’s technology section, is an interesting article about Internet-enabled STB’s. Change is a comin’ to the [...] Me thinks Mark Cuban dost protest too much: his post on why traditional TV is here to stay is plainly self-serving, but thin on vision and logic (and, for Mr. Cuban, unusually obfuscatory!). I see Internet TV coming within a handful of years to most every affluent US urban dwelling. Here’s why: a) Internet viewings of content traditionally seen [...] The Entrepreneur’s Creed I do not choose to be a common man. It is my right to be uncommon – if I can. I seek opportunity – not security. I do not wish to be a kept citizen, humbled and dulled by having the state look after me. I want to take the calculated risk, to dream and [...] Sometimes the best management is no management at all — first do no harm! Here are the winners of this year’s Washington Post’s Mensa Invitational which once again asked readers to take any word from the dictionary, alter it by adding, subtracting, or changing one letter, and supply a new definition: 1. Cashtration (n.): The act of buying a house, which renders the subject financially impotent for an indefinite period [...] |
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