The whole point is to have a permanent effect on the economy, not stimulate yet another bubble. The solution isn’t to fund a hundred “could be the next thing” companies. It’s to support companies that are likely to be around in five years.

I stumbled on this, another example where strategy of all kinds is “the same at the top.” This is a list of principles created for WWI dogfighting by the teacher of the Red Baron:
http://en.wikipedia.org/wiki/Dicta_Boelcke
I find it really interesting that in business, often it’s about “fractal”-based success. That is, just as fractals are complex [...]

The title of a post on Tom Peter’ blog caught my eye:
To Get Out of Bed. Or Not Get Out of Bed. That Is the Question.
This was one of the earliest business lessons I learned. When I was a university kid, I occasionally supplemented my two part-time jobs with odd jobs at $10/h with [...]

One of the reasons that startups are often able to innovate in ways that larger companies can’t, is because they can cut a smaller feedback loop.  Large companies often take too long from noticing a problem to fixing it.  And part of the problem is that when five people are using your software and they [...]

Most entrepreneurs share a belief about fortune: that you make your own luck.
This self-fulfilling prophesy is backed up by science.

Keep moving. First, any successful entrepreneur will tell you that it’s all about doing things. And statistics tell us that the more things you try, the more chances you have of being “lucky” – [...]

The usual profile of an entrepreneur is of a young guy just out of college, but is that accurate?
Male? In fact it’s the age of the woman entrepreneur, with increasing numbers of women becoming entrepreneurs and showing a high degree of success. On the other hand, statistics suggest women are usually more cautious [...]

As I write this, I’m installing Linux.
The funny part about this is that I’m installing Linux on the same computer I’m working on. Using something called a “Live CD” I’m able to actually run Linux, complete with a web browser, while I install the system. This is insanely cool.
I’ve always had a love/hate [...]

The number one complaint is lack of focus. Lack of focus means lacking a clear agenda and defined goals, but also effectively choosing the attendees. The most effective way to hold a meeting is to stick to ONE meeting style and ONE issue.

Or those of us who need a lot of extra help.
Like many other artists and entrepreneurs, procrastination is a huge part of how I work. I’m not great at sticking to schedules religiously, and deadlines seem to inhabit a parallel universe that has no effect on my own. I’ve tried to collect tricks [...]

It’s easy for an entrepreneur with a small business to feel dwarfed by the marketing power of big business – companies that can afford to spend a million or more on changes to their image. Can you build an brand for less?
Yes.
Take logos. Seth Godin points out that logos are just placeholders and that [...]