He who lives by free, dies by free?

Mark Cuban had some comments on the Free/ Freemium business model… Lets look at the rule that eventually KILLS all freemium based content plays: There will always be a company that replaces you. At some point your BlackSwan competitor will appear and they will...

Why you need to fail

People with a growth mindset feel smart when they’re learning, not when they’re flawless. Michael Jordan, arguably the world’s best basketball player, has a growth mindset. Most successful people do. In high school he was cut from the basketball team...

10 Things Most MBA Schools Won’t Teach You About Startups

As I move close to a full decade since I picked up my master’s in business and technology, it is good to reflect back on what you may not hear in class. From OnstartUps.com, here is a summary of the 10 things you won’t learn about startups. (Hat Tip Rob...

Old Media Survival Tips

Chris Anderson kicked off Wired’s Disruptive By Design conference and gave some ideas for old media wanting to find out how to make money in the new Internet driven world. “This is the law of gravity online,” says Anderson. “Everything that becomes digital will...

Adam Smith Warned Against Subprime Lending

Adam Smith warned against subprime lending. In The Wealth of Nations, he advocated usury laws within the context of a free market. From The Wealth of Nations: The legal rate…ought not be much above the lowest market rate. If the legal rate of interest in Great...

Warren Buffett on the Recession and Bailout

SUSIE GHARIB, ANCHOR, NIGHTLY BUSINESS REPORT: Are we overly optimistic about what President Obama can do? WARREN BUFFETT, CHAIRMAN, BERKSHIRE HATHAWAY: Well I think if you think that he can turn things around in a month or three months or six months and there’s going...