Tuesday, June 30, 2009

Go the distance with a one-trick pony

Nice little tale of the unpredictable route to success.
FT.com / Entrepreneurship - Go the distance with a one-trick pony:
"“I made a complete cock-up,” she admits."

Wednesday, June 24, 2009

FT.com / Global Economy - Credit crunch takes toll on super-rich

Now there's a number to allow you to see China in a new light!!

FT.com / Global Economy - Credit crunch takes toll on super-rich: "There are an estimated 364,000 dollar millionaires in China, the fourth-largest population in the world. In contrast, the ranks of high net worth individuals in Britain fell 131,000 to 362,000, owing largely to the turmoil in the financial services industry and the decreasing value of investment properties."

Monday, June 22, 2009

YouTube - New World of Work_Version 2

Great message and great music - turn this up!!
YouTube - New World of Work_Version 2: "New World of Work_Version 2"

Friday, June 19, 2009

FAONewsroom: 1.02 billion people hungry

The cronically hungry exceeds 1Bn for the first time in history, when does it it hit 2Bn, 2050?
Illustrates the rising need for two planets to feed the population of one. Seriously creative thinking is needed for this challenge!

FAONewsroom: 1.02 billion people hungry: "1.02 billion people hungry19-06-2009
One sixth of humanity undernourished - more than ever before"

Warren Buffett’s advice for 2009 - The Financial Express

There are some sound and amusing bullet points in this short feature from the Sage of Omaha!
Warren Buffett’s advice for 2009 - The Financial Express: "Warren Buffett’s advice for 2009"

* Hard work: All hard work bring a profit, but mere talk leads only to poverty.
* Laziness: A sleeping lobster is carried away by the water current.
* Earnings: Never depend on a single source of income. [At least make your Investments get you second earning]
* Spending: If you buy things you don't need, you'll soon sell things you need.
* Savings: Don't save what is left after spending; Spend what is left after saving.
* Borrowings: The borrower becomes the lender's slave.
* Accounting: It's no use carrying an umbrella, if your shoes are leaking.
* Auditing: Beware of little expenses; A small leak can sink a large ship.
* Risk-taking: Never test the depth of the river with both feet. [ Have an alternate plan ready ]
* Investment: Don't put all your eggs in one basket.

Let us become wiser and lead a happy, healthy, prosperous and peaceful life.

Then there are his 10 secrets to wealth and life!

Monday, June 15, 2009

FT.com / Entrepreneurship - When heroes can be the villains of the piece

Cranfields"artisan" to "hero" to "pain in the arse" to "strategic leader" has always resonated with me!!

FT.com / Entrepreneurship - When heroes can be the villains of the piece: "The reason he has found it so difficult to remove himself from day-to-day activities is that, like many heroes, Smith has locked all the knowledge about doing the work in his head.
“Because I am so intimately involved in the business, I have an instinctive understanding of what to do,” he explains.
As a result, Smith has had to create structures along the way to ensure that others understand what he has been doing."

Thursday, June 04, 2009

Rough diamonds dazzle as entrepreneurs

FT.com / Columnists / Luke Johnson - Rough diamonds dazzle as entrepreneurs:
"A minority of entrepreneurs does well at school and university. Many rebel and get bored in classrooms. They tend not to enjoy the rigidity of organised learning, the hierarchy of educational establishments and the theoretical nature of academia. They do not like rules, they enjoy independence and they want action, not dry words or formulas.
Lots of entrepreneurs suffer from learning difficulties. But by overcoming such challenges they can learn coping skills and develop persistence in their formative years: both valuable qualities for building companies. "


"Polite society has tended to embrace the articulate, posh and well-tailored sort from the best business schools and universities who have populated the higher echelons of the major investment banks and similar financial outfits. I prefer the company of the down-to-earth, self-made men and women who run our industries. They know that obscure terminology and fancy projections are worthless if the underlying fundamentals of a deal are awful. I hope we never again trust overpaid fools who think they know best thanks to bogus theories."