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Thinking Isn’t Results: Then Why “Thought Leaders”?

Thinking Isn’t Results: Then Why “Thought Leaders”?

Thinking isn’t results. Why would anyone want to be known as a “thought leader” – for thinking? Thinkers are rarely leaders, so why do we use that term to identify people we believe are leading? There is a better term. I’m not against thinking, I’m against elevating it to the highest status and the object […]

You only need 2.1 things to be successful

You only need 2.1 things to be successful

Building a business is 20% science and 80% art, and yet all the business schools, the SBA, and the gurus that want to sell us Business Plan software tell us we should treat it like a controlled science experiment in a lab. Business doesn’t work that way. My next book is called “Bad Plans Carried […]

Steel Industry Stock Outlook – March 2013

Steel Industry Stock Outlook – March 2013

Despite its size, the steel industry remains relatively fragmented and is highly cyclical and intensely competitive.

Everything You Need to Know About Business, I Learned in Nairobi.

Everything You Need to Know About Business, I Learned in Nairobi.

The Cycle of Poverty is a Mindset, not a Condition. We drove out of the airport at 9pm into the deep Kenyan night, so much blacker this near the equator. The driver did 5-20mph because anything more would have broken the suspension on the Land Rover. To the left of the airport entrance bonfires blazed […]

Are U.S. Taxpayers Winning In The New AIG Stock Sales?

Are U.S. Taxpayers Winning In The New AIG Stock Sales?

Traders obviously got excited when the news came out that the government wants to sell its stake in AIG (AIG). According to one trader tweet, “The gov’t never wanted to own AIG. Them selling is a huge positive. Means the company is on solid footing”. However, it is way too early to tell if tax […]

Business As Community

Business As Community

Are you part of something bigger than yourself? We’re all supposed to think the rugged individualist is the great American way to do business. I’m a reformed rugged individualist and can tell you that if you want to build a successful business, going it alone is a bad idea. When you go to college you […]

Think Globally. Shop-Locally. It’s a perfect fit.

Think Globally. Shop-Locally. It’s a perfect fit.

Live local. Buy local. ShopLocally.com aims to change the world, not just make money. My company, The Crankset Group, is focused on the same thing. We’re going to do it together going forward. It’s possible you will benefit directly. We certainly intend for you to. Colin Pape, founder of ShopLocally.com and I met via blogging […]

Commitment Is The Engine Of Your Business, Not Motivation

Commitment Is The Engine Of Your Business, Not Motivation

Committed people make history. Imagine building a boat without an engine or a sail. We call that a raft. You could build a gorgeous multi-million dollar 60’ cruiser, but if there is no engine, it’s still just a raft. And if you actually want to have some control over where you’re going, drifting around aimlessly […]

You Might Not Own Facebook But Your Mutual Fund Does

You Might Not Own Facebook But Your Mutual Fund Does

If you think you were not fooled by all the hype around Facebook (FB) and didn’t buy the stock, take a closer look because your mutual funds might have. A new survey by Morningstar shows that in excess of 150 American mutual funds such as Morgan Stanley, Oppenheimer and Fidelity bought Facebook stock at the […]

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