With the price of oil dropping so far so fast, gasoline may soon return to the $2.00 per gallon level. This could be a great short-term boost for the economy, since the cost of fuel affects the cost of nearly everything else we buy or sell.
Categories: Corporate Culture
0 comments - Posted by Paul Orfalea at 9:18 AM
A few years back I got a chain email citing statistics on global poverty and declaring that if the recipient had enough discretionary income to buy a music CD, he or she was richer than 97% of the world’s population.
Categories: Corporate Culture
0 comments - Posted by Paul Orfalea at 1:59 PM
In our book, The Entrepreneurial Investor, my colleagues and I say that an entrepreneurial investor always asks, “How does this company make money, and how does it make money for me?”
Categories: Management Skills
0 comments - Posted by Paul Orfalea at 9:26 AM
It’s a shame so many people – especially entrepreneurs – avoid jury duty. For one thing, if people like you avoid jury duty, who will be on the jury if you get into trouble? For another, jury duty provides a powerful refresher course in the process of judgment. This is really important, because the workplace tests our judgment every day.
Categories: Leadership
0 comments - Posted by Paul Orfalea at 2:05 PM
Here in my hometown of Santa Barbara, California, the City Council is considering a ban on disposable plastic grocery bags. As a businessperson and a business enthusiast, I understand why plastic bag manufacturers are using every ploy at their disposal to prevent cities from prohibiting the use of their products. Nevertheless I support a ban and hope our city council will take a big stand by taking a small step.
Categories: Corporate Culture
1 comments - Posted by Paul Orfalea at 6:46 PM
In 2001 I co-authored an article that called General Electric (NYSE: GE) “an overcomplicated company with an unbalanced portfolio.” In an April, 2003, article we called GE “an accident waiting to happen.”
Categories: Corporate Culture
0 comments - Posted by Paul Orfalea at 11:21 AM
“I talk to myself but I don’t listen…” – Elvis Costello
Let’s assume for a moment that every purchase is an investment. That assumption is one of the key differences between people who understand money and people who do not, because every purchase is an investment. Whether you are choosing a car, a camera, a licorice rope or a company’s stock for your IRA, you should always try to get maximum value for your money. Getting good value requires information and discipline.
Categories: Corporate Culture
0 comments - Posted by Paul Orfalea at 9:22 AM
