Oil talk on ted.com
June 23, 2008
Amory Lovins talks about oil on ted.com. He makes a good point concerning climate protection. Its always cheaper to save fuel than to buy fuel. Its actually a common sense approach to the problem.
DISASTER!
Disaster seems to have struck in Iloilo.
Iloilo City and neighboring towns have had their properties destroyed! I do hope that the people there are alright and that they find ways to recover their business interests. The losses to the Iloilo people is certain to be substantial. Most of those in the neighboring towns rely on agriculture and the flooding and rains caused by Frank are sure to hurt them. Arable lands have become inundate, houses swept away.
I assume relief efforts will be hampered by the extensive damage to infrastructure in the city and in the other areas.
Reflections of a Picky Eater
My last semester in college taught me a lot about business. I was part of a group that was destined for greatness.
That last semester required us to run a business for 5 months. A business that we had planned for 5 months before.
During the planning phase we pulled out numbers, competitors, strengths and weaknesses from out of thin air. If our teacher or panel asked us for references we would have cited “thin air”. We were weak in our numbers department but we were really strong in our ability to talk to people. We had confidence in our product. Hubris even.
Our market research was the basis of our confidence. We knew that there could be no competitor in our University. We envisioned our project to be a high-end burger joint that we had yet to name, tentatively we named it CHOMP. We would produce huge burgers at low cost and sell at a high price. The killer combo for profitability, monopoly, low cost and high price. The future was ours for the taking!
Sadly, confident as we were that we could blast the competition out of the picture our panelists thought otherwise. They did ask how we got our numbers and we, through our acts, cited thin air as our source of market information. The panelists gave us a grade they thought we deserved. An almost “D” in our final defense.
Defeated during the first semester we were badly shaken and morale was low at the time. (more…)
