Friday, November 9, 2012

James Dyson on Leveraging Failure to Reach Success

James Dyson talks to Entrepreneur about leveraging failure for success - click here

Tuesday, November 6, 2012

Business as a Baseball Game...

Think about this...

If business were a baseball game, you'd only have to get it right 33% of the time to be considered a "star," "expert," or genius...

Saturday, September 22, 2012

Avis ditching "We Try Harder..."

Here's another strange one for y'all -

Avis has been using the "We Try Harder" tag line for half a century - literally since before I was born...it's as strongly associated with Avis as America is with apple pie.

In a strange move Avis has announced it will be ditching one of the most successful tag lines in business history for..."It's your space."

"It's your space."

Huh?

Here's some good commentary from The Blake Project.

Apple losing lawsuit after lawsuit...

When Apple wins one over Samsung, the media world is abuzz...I find it strange that when Apple loses lawsuits one after the other to HTC - little is said...

YOUR thoughts??

Apple Loses Another One To HTC

Conspiracy of the apploids??

WSJ Publishes Old News on VC-backed Startup Failures

WSJ published some old news today...according to Deborah Gage, the VC (Venture Capital) secret is that 3 out of 4 startups fail...

News flash: 1 out of 10 succeeds...

Rough VC stats are as follows - for each 1,000 business plans a typical VC sees:
=> VC communicates with 100 teams
...meets with 10 teams for presentations
...invests in ONE single venture

Success stats are approximately:
+ 5-6 fail ... negative returns
+ 2-3 breakeven - living dead etc. ... zero returns
+ 1-2 minor success ... minor returns, in today's climate barely return VC investments
+ 1 raging success ... major returns, finances the whole deal

DO THE MATH - for a single raging success a VC team has to review approximately 10,000 business plans, sit through 100 presentations, invest in ten companies and work with them for periods that can stretch out to ten years and beyond.

It ain't an easy business - even if top firms like Kleiner Perkins and Accel sometimes make it seem like cake.

Thursday, April 29, 2010

Kao, Moore, Metcalfe, Gilder - Four Important Laws Demonstrating the Impact of Technology

Following are four important laws that demonstrate the impact of technology through innovation and creativity:

1) Kao's Law - Creativity - Creativity rises exponentially with diversity; hence, the more diverse a population, the more creative it becomes.
2) Moore's Law - Processing Power - The power of computing will continue to double approximately every 18 months, while the price of computing power will halve over the same period.
3) Metcalfe's Law - Networks - The value of a network is the square of its nodes; applies to social networks as well - hence the disproportionate growth in the power of social networks such as Linkedin and Facebook once a certain critical mass is reached. Also consider the immense power each additional member adds after a certain point...
4) Gilder's Law - Bandwidth - Available telecom bandwidth will triple every 12 months. If we can freely stream video to every household now - what will we be able to do in a decade???

Familiar with any other groundbreaking rules worth mentioning?
Post a comment!

Tuesday, April 27, 2010

Visualizing the Impossible

"Extraordinary people visualize not what is possible or probable, but rather what is impossible. And by visualizing the impossible, they begin to see it as possible."

Cheri Carter-Scott