By Kevin Mogavero There are a few interesting factors we should study when we look at our free enterprise and capitalistic-natured economy. First, consider that free enterprise evokes and encourages competition. Second, consider that the capitalist system requires an entity to generate profit to survive. Two things that I think have … [Read more...]
Training the Factory Workers for the Farm
November 30, 2011 by 3 Comments
By Kevin Mogavero This past weekend, I had the pleasure of speaking with a good friend of mine whom I have a great deal of respect. She is a teacher in a low-income-area elementary school. We had an inspiring conversation about our current school system, they way “things are” in our society today and how things “should be.” Many of … [Read more...]
What Do You Do With Luck?
November 16, 2011 by Leave a Comment
By Kevin Mogavero My good friend Randy Watterson sent me this article, What’s Luck Got to do with it? by Jim Collins. In the article, Jim talks about the difference between a 1 or 2Xer (a person who meets or doubles the industry standard of success) and a 10Xer (a person who is able to obtain 10 X the industry standard). What he describes … [Read more...]
American Decline
November 14, 2011 by 2 Comments
Is it Avoidable or Inevitable? “We’re not going to bail our way out of this crisis, we’re not going to stimulate our way out of this crisis, we are only going to educate, ultimately, and imagine and invent our way out of this crisis.” —Thomas L. Friedman, Meet the Press “By 2020, the U.S. will be spending $1 trillion a year just to … [Read more...]
The Magic of Parkinson’s Law and Your Money
November 4, 2011 by Leave a Comment
By Kevin Mogavero Parkinson’s Law: “Work Expands so as to fill the time available for its completion.” In other words, we’ll take all the allotted time available to complete a task. If we’ve got an hour to do a task, we’ll take an hour to do it. If we’ve got a minute to do the task, we’ll get it done in a minute. For example, if … [Read more...]
A U.S. Grand Policy
October 26, 2011 by Leave a Comment
By Oliver DeMille The Jobs Plan We Need In the furor over the national debt, deficits, stimulus programs, the Obama Administration’s proposed jobs plan and the Republican responses, we are missing a simple reality. America right now is in desperate need of a clear, simple, overarching Grand Policy. The Grand Policy would look something like … [Read more...]
Capitalism vs. Free Enterprise
October 17, 2011 by Leave a Comment
By Oliver DeMille The New Culture War During the Cold War, people came to equate the three ideas of democracy, capitalism and free enterprise. This made sense at some level, since the whole world seemed inescapably divided into authoritarian, totalitarian, socialist and communist nations on the one hand and democratic, capitalistic and free … [Read more...]
The Popular but Losing Business Growth Strategy
September 30, 2011 by Leave a Comment
By Kevin Mogavero The other day I had a great conversation with a small business owner who told me a captivating story about his experiences with referrals and referral groups. In short, his ‘give vs. receive’ referral ratio was in the 2% to 3% range. In other words, he wasn’t getting a whole lot for all that he was giving. Anyone who … [Read more...]
A Genie & Entrepreneurship
September 12, 2011 by Leave a Comment
By Oliver DeMille The old Cold War-era joke is told of an American, a Frenchman, and a Russian, lost in the wilderness, who find a lamp and rub it. Out comes a Genie. He offers them each one wish, for a total of three. The American pictures the large ranch owned by the richest people in the valley where he grew up, and wishes for a ranch ten … [Read more...]
LIFE Adversity Quotient
August 31, 2011 by Leave a Comment
By Orrin Woodward Adversity Quotient (AQ) is the ability to persevere through numerous setbacks in order to achieve one’s dreams. Everyone has the ability to develop AQ, but winners through purpose, vision, and perseverance develop it, while the rest do not. The LIFE community is a great way to start learning AQ. Here is a portion of the … [Read more...]
