Failure, Warren Buffet, Writing and Wages

Entreprenurship: One of the things that entrepreneurs don’t talk a lot about is failure.  But it happens.  I know.  Failure is the toughest thing in the world to go through, but probably the best learning experience.  I know that I learned more from failures than from success, although success was much sweeter.  Here is a story of failure in entrepreneurship.

Economy: Warren Buffett writes the best shareholder letter in the industry.  He has just released the 2008 version.  Besides his recollection of “We trust in God, all others pay cash”, he recounts the good and bad (unforced errors?) that made 2008 for Berkshire-Hathaway.

Writing: I pointed last week to Paul Graham‘s article on Startups in 13 Sentences.  The folks at EtherPad, a developer of tools for collaborative editing, posted a demo of a future feature of their program that allows one to see the writing process in real time.  The sample article that they used was the Paul Graham article.  I was mesmerized.

Business: Alex Krupp writes in the SixMonthMBA blog about why entrepreneurs should get paid more than engineers. What do you think?

Politics, Entrepreneurship and Business/Politics

Politics: John Bolton, our former UN Ambassador, suggested at a Conservative Political Action Conference that President Obama might need to learn a lesson in foreign relations.  Perhaps a nuclear bomb that would be detonated in Chicago.  That would show the President. Wow!  Those Conservatives sure have a sense of humor.  He was greeted with applause and laughter.  Are you kidding me? I think our diplomatic corps are better served without Mr. Bolton’s brand of humor.

Entrepreneurship: I highlighted Bruce Schneier‘s article last week about the amount of data that is being accumulated about each of us.  Seth Godin tells us why this might be a problem.  Remember that you can control what type of information is out there about you to a certain extent.  And people are checking…

Business (and Politics): Jeff Leitner has written a great post linking the strategies of politics applied to business.  It is the first of a 6 part post. I know that I am looking forward to parts 2 through 6.