Friday, September 10, 2010

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economy

The Subjective Power of Money

Money…the life blood of an economic society. An agreed upon thing which holds value that can be exchanged for goods and services. Yet, if it is as simple as that, why does it get so complicated? Well, to break it down into simple, bite-sized pieces, there are a few things that cause money to be [...]

Continue Reading → 28 March 2010

Why Nixon Took the Dollar off the Gold Standard

If you have been studying history and economics, you will remember that in 1971 Nixon took the dollar off of the gold standard, making the dollar into a currency. This allows the dollar to fluctuate, giving the government more control over its currency. It also takes the power away from the hands of the individual [...]

Continue Reading → 4 March 2010

Expansion for Service Sector- A Sign of Recovery?

In an article on CNN Money, author Ben Rooney wrote that the nation’s service sector expanded this past September for the first time in more than a year. It is a known fact that the services sector makes up nearly 80% of the economic activity in the United States.
If looking at the big picture, a [...]

Continue Reading → 7 October 2009

How Lay-Offs Affect A Company’s Brand

Layoffs are getting pretty common these days. As as companies downsize, so does the morale. This in turn, can create a bad representation of the brand. It is only natural that people will talk about how great their company is and how poor their company is. As a business owner, it is your job to [...]

Continue Reading → 12 June 2009

What’s Your Exit Strategy?

In life, there are many things that you invest your time and money into. Some of them have clear goals set. When going to a University for a 4-year degree, your exit strategy is simply 4 years. That is pretty straight forward. However, as you start to move through life, the exit strategy sometimes gets [...]

Continue Reading → 8 June 2009

Willie Smits Saves A Rainforest

This Ted Talk is a great example of someone working to help a cause greater than themselves. It is something I believe all people and companies should work to do. Willie Smits has devoted his life to rebuilding the rain forests and saving the orangutans. Through his work, he has been able to help people [...]

Continue Reading → 25 May 2009

The Warrior Mindset

In each and every one of us, there is a desire to make a difference in this world. Whichever medium we choose, by being involved in an organization or starting a new business, the passion and desire drives us to be the best and to make the biggest impact possible.
For entrepreneurs, it can be a [...]

Continue Reading → 4 March 2009

Herb Cohen: You Can Negotiate Anything

I have just finished reading a book that will literally change your life and your business. The legendary Herb Cohen writes in a storytelling way, which allows the reader to understand the concepts and strategies of negotiation which he explains. I cannot express enough how important interpersonal skills, selling your ideas, and coming up with [...]

Continue Reading → 26 February 2009

Beyond the Crisis, What’s Next?

As you have probably noticed, I am a huge fan of Ted Talks. I think that they are so informative and powerful to watch. This latest Ted talk that I want to share features Juan Enriquez. He has a fascinatingly scary view of what is coming. Science fiction meets reality. The things he talks about [...]

Continue Reading → 24 February 2009

Practical Wisdom Needed

Following the creator of Twitter, @ev,- I found a great Ted Talk by Barry Schwartz who makes a powerful argument for “practical wisdom” as an antidote to a society gone mad with bureaucracy. This talk is inspirational, moving, and is in line with the current economic condition of the U.S. and the world.
This blog focuses [...]

Continue Reading → 17 February 2009