The Profit Prophet

I wrote a blog post about a year ago titled " The Moldy Middle " which went into detail about how companies that target the statistical "mean" are doomed to fail primarily because they try to be all things to all people, and end up becoming irrelevant to anybody. Recently, Seth Godin posted a blog about this subject entitled " The paradox of the middle of the market ." In this blog, Mr. Godin actually says it is OK to seek out the middle because he believes that this is where "profits meet scale." Now, Seth might be right for a short period of time, but over the long haul all the things that he lists will come to saturate a organization and eventually paralyze its ability to respond to any changes in the market. I respect Mr. Godin immeasurably, but find it hard to believe that he still believes that there is a monolithic "mass market" of middle of the road anything. Oh how the old ways die hard even with enlightened individuals. New...

Some time ago I read a great book concerning leadership by John Maxwell titled, "The 21 Irrefutable Laws of Leadership." On this father's day, I thought it appropriate to list these laws and encourage anyone (moms too) who would like to develop into a fuller, richer, and more developed individual, to read this book. Leadership is not necessarily about leading as much as it is about helping others achieve their goals and future potential. Here is the list: 1. The Law of the LID Leadership Ability Determines a Person’s Level of Effectiveness 2. The Law of Influence The True Measure of Leadership Is Influence – Nothing More, Nothing Less 3. The Law of Process Leadership Develops Daily, Not In A Day 4. The Law of Navigation Anyone Can Steer the Ship, But it Takes a Leader to Chart the Course 5. The Law of E. F. Hutton When the Real Leader Speaks, People Listen 6. The Law of Solid Ground Trust is the Foundation of ...

Part and parcel of being an entrepreneur is the ability to extend your wisdom and experience to other people. In this vein, Regina Brett, a 53 year old writer of The Plain Dealer in Cleveland Ohio put pen to paper and wrote an article of the 45 Lessons that life taught her. It has been the most requested article she has ever wrote, and I have transcribed it below for your enjoyment. Thank you Regina! 1. Life isn't fair, but it's still good. 2. When in doubt, just take the next small step. 3. Life is too short to waste time hating anyone. 4. Your job won't take care of you when you are sick. Your friends and parents will. Stay in touch. 5. Pay off your credit cards every month. 6. You don't have to win every argument. Agree to disagree. 7. Cry with someone. It's more healing than crying alone. 8. It's OK to get angry with God. He can take it. 9. Save for retirement starting with your first paycheck. 10. When it comes to chocolate, resistance is futile....

Yesterday, I was able to be a part of making history. No, it was not the cure for cancer, or discovering warp drive, or teleportation (those WILL come later). The “history” was the placement of the world’s first device that can restore a man’s hair naturally, without drugs, surgery, or negative side effects. Why is this important and how does it make history? Due to the fact this is first machine that can combat the reasons why men go bald with an all natural, non-invasive, scientific approach makes it unique. It combines three technologies to first destroy DHT (a testosterone that deteriorates the hair follicle and their blood vessels and causes hair loss), second to rejuvenate the hair follicle, and lastly increase blood flow to the hair follicle. Essentially, it makes your scalp “think” it is 25 years old (or younger), or back when you used to grow hair naturally. But the technology is NOT the important thing here. Nor is the most important thing that now men (and some women) c...

I am an electrical engineer by training and like to think of myself as well versed in how people in general act and work together. Recently, as a male I have observed something about women that I have never been able to completely explain, but always wanted to write about. This is not a sexist thing, just some observations as to why as men we are perplexed and ever so curious about women. Women have no respect for logic; they can openly disagree with themselves and still be right; they can carry on complex relationships with us, with or without our participation; there is nothing in the world more fragile than an unbreakable woman, or more inflexible than a woman who does not know what she really wants; they are born able to read minds and will always find our inability to do so as a member of the opposite sex a disappointment; women will dream, wax and wane indeterminately about the absolute perfect male companion, boyfriend or husband and almost without fail choose the absol...