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Tag Archives: Business
“Experiments” Update
As noted in the sidebar, the photo at the top of this screen is titled “Experiments” and is from a 2010 post of mine with the same title. I liked it because it represents what goes on around us everyday. … Continue reading
A happy, former Walmart employee
You don’t often hear this side of the Walmart story (H/T Carpe Diem). Here are a few of the things this former Walmart employee had to say: I worked hard and came back during a break from college to be promoted … Continue reading
Posted in Art of Management, Business, People Management
Tagged becoming more productive, Business, gaining experience, Human resources, job, Walmart
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Walmart emerged from a willingness to try new things and learn
Thanks to Mark Perry at Carpe Diem for the link to this video illustrating Walmart and Sam’s Club growth. We see the success stories after they’ve become successful and don’t often think how they got to that point. I recommend … Continue reading
Posted in Experimentation, Innovation, Value Proposition
Tagged Business, Carpe Diem, experimentation, Innovation, Sam Walton, Walmart
2 Comments
The “cheaper to keep a client than get a new one” myth
I’ve heard this repeated dozens of times to focus an organization on client retention. The trouble is, it isn’t always true and if an organization focuses too much on client retention when it isn’t true, it can hurt. Most organizations … Continue reading
Posted in Art of Management, Business, Capitalism, Profit & Loss, Value Proposition
Tagged Business, Business model, New Coke, Plumber, Retention rate, Starbucks, Value Proposition
2 Comments
Would Buffett want to give politicians more of his money to spend if they ran his company?
Warren Buffett makes another plea for government to take more from him and his net worth peers. First, I’ll point Buffett to my advice for those who would like to raise taxes. Thankfully, many others are calling for Buffett to … Continue reading
Posted in Bad Economy, Business, Economics, Government, Taxes
Tagged Berkshire Hathaway, Business, Tax, Warren Buffett
7 Comments
Government is overhead
In this post, I quoted from a Reagan radio address where I thought he created a good mental image of how the private sector and government work together. Here’s the key point from his address: To sum it up roughly … Continue reading
The hard sell
I recently stayed in a timeshare. I rented it. I don’t “own”, as they call it. I’m not interested in “owning” timeshare, but I liked what the property had to offer for this vacation. I was satisfied with the property, … Continue reading
Where do jobs come from? II
Here’s a nice follow-up to this post on jobs via Marginal Revolution. The chart on Mother Jones blog shows a declining trend in the number of new jobs from startups since the late 90s. It seems there are a few … Continue reading
Posted in Economics, Government
Tagged Business, Marginal Revolution, small business, Startup company
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Good education
I think we need more of these types of education programs. In this business program, students start a real business. I think this sort of thing fits perfectly with entrepreneurship. I also think an experienced-based program could be good for … Continue reading
Why not?
I stumbled upon this nice article about Brian Wong, young CEO of Kiip, a company that is effectively integrating ads into mobile games. He asks an interesting question. Every single one of us wanted to be an astronaut when we … Continue reading
