- Kate Shaughnessy
A mini-quote, we’ll say, from a great article on young entrepreneurs. More importantly I think it hints at an important topic that is the shift from large to small markets. Look at the two businesses highlighted in the article - high-end, handcrafted shirts, and handcrafted preserves. Surely not everyone is interested in a $12 bottle of greengage plum jam, nor a $350 shirt. But it’s interesting to note that these companies not only exist, but are striving during “rough economic times”.
What does this mean for you and I?
It means we’re not competing in a commodity market. We can’t compete with the big guys, where margins are nearly non-existent and high-volume is a requirement. Nor should we even try to compete with them - their work is boring, full of spreadsheets, reports and a race to the bottom.
We’ve got the best opportunity to bring back art into what we choose to do best, and a chance to be invested in our choices instead of investing in a consultant to choose for you.
Think about it. Let’s make magic.
Mr. Dan Mangan, my ears salute you, and my musical heart thanks you.
Former Treasury Secretary Larry Summers, giving his take on the Winklevoss twins. As dramatized in the film the “Social Network,” the well-heeled, well-connected twins once asked Summers—who was president of Harvard at the time—to intervene in their dispute with Facebook founder Mark Zuckerberg. (via officialssay)
Oh dear. Well now, that’s just funny.
Kids, pick your suit-times wisely.
On the surface, they couldn’t be more miles (eh oh! pun!) but in reality, they are more equal than one would expect.
The fact that I love cycling isn’t something that I hide. Give me an open afternoon, a blistering hot sun and some well-laid pavement and I’ll be happily occupied for hours. Money, on the other hand, isn’t regarded with the same level of admiration. That isn’t to say that I don’t accept money as a necessary evil. I’m a commerce student after all, and I’m able to recognize that money sometimes even acts as a barrier between me and the road. However begrudgingly.
With the new semester upon us, I’ve been able to settle down and put in some time on my bike, spinning away an hour or so (read: a hunk of festive turkey, or so). Spinning alone in my apartment doesn’t have the same allure that open roads have. Mother nature doesn’t whisper the same sweet nothings into my ear as I watch re-runs on the tv as she didwhen my forearms are rested on the handlebars, barreling down the same mountainside in 10 minutes it took me 45 to get up just prior.
But just like an well cared-for bank account, I’m slowly making regular deposits. And when the sun is upon us for more than 3.5 hours a day, and the snow has melted, that investment is going to pay dividends. And those dividends are going to allow me to ride those roads for hours. Blissful moment after blissful moment.
Those lonely, sweat-ridden afternoons aren’t looking so bad after all.
Presented without further comment.