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I had an extremely interesting class today in Management Statistics, an elective course I’m taking. Our class was focused around “models” and “model based learning”. My professor referred to models being a framework for the spread of knowledge and information and I found this extremely profound. He compared our western culture to inefficient societies such as India or China. His examples included The Great Wall of China ...

  Back not too long ago, startups had million dollar marketing budgets. Five page marketing plans, a huge PR team, and numerous press events. Who does that these days? No one. Well maybe Pay Per Post, but we all know they don’t really know how to run a company anyways. The current “web 2.0″ boom (I do hate using that term), has enabled startups to have a marketing budget ...

“Greed is good”. We all know who said it. If you don’t, go watch the movie “Wall Street”. Your life will change. Mine did. Gordon Gekko had it right. Greed is good. And while greed has a negative connotation, the concept behind greed, or the pursuit of wealth is a positive one. Greed drives productivity. It’s a fact. The cycle goes as follows: Greed/Motivation—–>Innovation——>Productivity. Productivity is the driver behind ...

These two industries are tanking. The facts speak for themselves. Starting a company has never been cheaper, and record sales have never been lower. You could wrap up a MySpace clone in a weekend, or find the whole Beatles discography on Limewire. At what point do these industries need to step aside and decide whether the outdated paradigms that made them their wealth, need to change? To ...

Innovate or imitate? Probably one of the most overused phrases in the web space these days, but understandably so. There are so many “Me too” companies in the cloud that it’s impossible to keep up withe very startup these days, half of them offering the same service, with a different name. Innovation drives this industry though, that’s a fact. The bottom line is that unless you stay innovative, ...

I’ve always loved Microsoft. Primarily because I love Bill Gates. In a day and age where business is run by corporate moguls who care for little other than their bottom line, and who ultimately know little outside of their bottom line, it is fascinating to see an intellectual rise to the top. Watching Bill Gates give an interview is truly inspired. You can see the levels and depth ...

  So how valuable do you think you are? It’s a question everyone at some point discovers and decides needs to be answered. I’d suggest that if you’re reading this and you’re my age (20), you should have already considered the question (and hopefully arrived at some answer). I was reading an excellent essay written by Paul Graham titled “Hiring is Obsolete”, where he speaks about the value of a ...