Last week a dynamic entrepreneur presented her pitch deck to me and a few other advisors. Her company is a new online service that is sure to up-end a staid fragmented industry. All through the conversation I hung on the edge of my seat waiting to catch pieces of her original concept. With virtually no money the company had acquired a few customers (hooray!) and talked with many prospects. But based on a small sample size of feedback she morphed her plan, radically. Finally I asked, “why have you stepped away from your original concept?” Continue reading…
Summer Book Review #15: How Will You Measure Your Life?
I’m not a big sports fan. My 7-year-old son has taught me more about sports and team devotion in the past year than I’ve learned in my entire life. Last week, before our beloved Boston Celtics lost to the Miami Heat in game 7 of the Eastern Conference Finals, we were listening to an interview with one of the Celtic’s big three, Kevin Garnett, Paul Pierce and Ray Allen. The player responded to a journalist’s question about their approach to upcoming practices and games by saying, ‘we’ll probably watch the tapes.’ Continue reading…
Those elusive 21st century female role models
Is anyone else entertained? Can you recall any male executive who was held accountable amidst all of the hoopla surrounding the global financial crisis in 2008? We had a crisis that resulted in the collapse or near collapse of large financial institutions, like Lehman Brothers or AIG; the federal bailout of financial services and large industrial companies, recall TARP and GM; downturns in the global stock market and the housing market; and widespread unemployment that reached and still remains at historic highs. Now answer this: is there anyone in America who can’t tell you who Ina Drew is? Continue reading…