People who invest in land often justify it with the throw-away line that “it’s something no one is making any more of”. I guess if the laws of supply and demand hold true, that means over time the demand will outstrip the supply and the land is sold for a profit. The realities of the market recently, however, might point us toward investments in something else that no one is “making more of” and that’s time. OK, maybe that’s slightly misstated, but the point is that there are a finite number of hours in each day and the competition for each minute within those hours is huge and growing. So how does that help us as businesspeople? Continue reading
Tag Archives: business
Moby Dick
I was going to write about analytics this morning but I think we’ll save that for later this week (I can hear you all marking your calendars…). Instead, I see that today is the anniversary of the US release of Moby Dick 160 years ago. I’m sure some of you think it’s been making students miserable ever since.
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I have two thoughts – the first is that I find it odd that one of the great American novels was released in London a month before it came out in the US and the bad English reviews drove a harsh reception at home; the second is that it really is a business book in so many ways. Why? Continue reading
Filed under Thinking Aloud
The Mother Sauces You Need For Business
Friday again, so let’s talk about food. I was doing just that with a friend if mine the other day about Mother Sauces. In classical French cooking, these are the basic sauces upon which all other sauces are built.
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Yes, he’s a trained chef and we were discussing the menu for the restaurant he is opening. I was telling him the acronym I use to remember them – it’s “Bring Elvis His TV” – Bechamel, Espagnole, Hollandaise, Tomato, and Veloute. Interesting, I know, but why is this appropriate in a space where we talk about business? Because it got me thinking about what the Mother “sauces” are for business folks – what are the basic traits one needs to posses and upon which all other skills are built?
Filed under Helpful Hints, Thinking Aloud
Consult Keith 