E-M8 Entrepreneurial Management for Eternal Mission

Discovering purpose through engaging in business, exploring the disciplines required for purposeful business.

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Entries from August 2008

Culture is what makes companies great

August 3rd, 2008 · No Comments

Organizations succeed when they have a great culture. The problem is that realizaition that you have something great, is often the best way to ruin it. MBA textbooks are stuffed full of the companies that were phenominal few years ago. Yet, the very companies that make it in to the books, commonly are the companies [...]

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Tags: 1. Entrepreneurial Management

Spinning off GM an opportunity for management buyout

August 3rd, 2008 · No Comments

General Motors is discussing plans to sell of a number of its brands. It appears like a phenominal opportunity to have the employees step up and say, we can run our plant better than the company has been run in the past. After all, all it would take is a change in the attitude. Should the management and the [...]

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Tags: 1. Entrepreneurial Management

Minimum wage and child labor laws – the downfall of America

August 3rd, 2008 · No Comments

I have started my first business when I was 8. When I was 16, shortly upon moving to Wisconsin, I was able to get a job in OfficeMax as an Electronics Sales. Both of these facts have served tremendously to develop, mature and help me in defining my path in life. I had two advantages: 1) I grew [...]

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Tags: Economics

What’s wrong with the function of the FED

August 3rd, 2008 · No Comments

For a few years now I have been teaching my students in Macroeconomics that FED’s responsibility is to balance between inflation and unemployment. Yet, the more I consider the subject, the more I come to realization that this dicotomy is a falacy. According to Keynes and many other economists economy goes in to recession when the [...]

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Tags: Economics

Perfect business for Bob

August 2nd, 2008 · No Comments

We knew when we stumbled in to a perfect business for Bob when he said that he would not think of it as work. “You mean I can get paid to play games?” – he said. He has proven that he could do it, it made financial sense, now came the hard part. Getting started. [...]

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Tags: 1. Entrepreneurial Management