Sunday, January 18, 2009

Economic Worries

Economic change whether it be rising gas prices or changes in the business cycle elicit immediate concern and calls to action. The concern is warranted. Seems we often we over-react to bad news by excessive government response to "save or protect" us or our businesses (bailouts for instance), or by markets that rush in to over buy when the market heats up causing over exuberance and a bubble effect in stock prices. In these times we should be careful to rush to over-react here. Our children will suffer greatly with all this debt. The public often expects immediate action--if it's not better in 30 days, well major action is called for. Thing is with the business cycle, things will get better no matter what government does but it may be a year or more. The question is when it does did we create too much debt? Did we stimulate businesses and individuals in time to jump-start the economy effectively enough to minimize suffering and damage? Here is a good article:

Fox news article

Tuesday, January 13, 2009

Sunday, January 04, 2009

Gary Vaynerchuck and Entrepreneurship







Gary Vaynerchuck is the host of WinelibraryTV

His "show" is a (mostly) daily video blog about wines, business and the New York Jets. He is quite a personality. Watching him you learn a lot about wine, but also about entrepreneurship. He has become somewhat of a celebrity in the online community. His new book "101 wines" is a good read. He spoke recently at the BlogWorld (new media) expo. Very innovative but also down to earth, and in touch with the new (and tried and true) business models of today.  Here is a text summary of his comments, although he has many more:
Gary's Comments at Blogworld
Check out his vlog:
Winelibrarytv


Oh, here is a little taste in a compilation video someone put together:

Oh, Gary if you read this (and he checks all these things out as a good businessman), well, I think you will appreciate my post below on the wounded Navy Seal.

Friday, January 02, 2009

A Sign

The sign on a wounded Navy Seal's hospital door:

(click photo to see larger)