Quite the Contrary . . .
Arrivederci Roma
Thinking about applying for EU citizenship? Beware of unreliable family stories, lost genealogical records and renounced allegiances to long dead kings.
Find My iPhone
The next time you’re traveling overseas, consider these hard earned lessons. Find My iPhone is a great app, just make sure you are able to use it.
The World is Calling. Don’t Answer.
When the world calls, it might be best not to answer. Not every potential sale is a good one. The opportunity cost of some sales is too high.
Change Is the Only Constant
Over 2,500 years ago, the Greek philosopher Heraclitus wrote that change is the only constant in life. It’s even more true in today’s startup world.
Cherry Picking
It’s always cherry picking time at “Newco.” Confirmation bias is a cognitive weakness frequently observed in startups, where conditions foster its spread.
Anchors Aweigh
Anchoring behavior is the reliance on old data in the face of new, contradictory information. It is a cognitive bias frequently observed in startups.
Corporations Are People Too
Corporations are people too, especially in their obituaries. People don’t “die” and companies don’t “fail.” We have more acceptable terms to describe their . . . . passing.
Sunk Cost Fallacy
The sunk cost fallacy, chasing bad money with good, is a frequently seen entrepreneurial behavior. It can be avoided, if one can step back and properly evaluate the opportunity.
Business Ethics, Gray Areas
Ethical choices are not always obvious or easy. Sometimes one makes decisions that, in retrospect, may seem wrong.
Do Business Ethics Still Matter?
Do business ethics still matter or have some companies become too big to merit more than a slap on the wrist when they misbehave?
