Blackberry Will No Longer Make Devices

BlackberryBlackberry announced yesterday that they were going to stop making devices. Honestly, I didn’t even realize they were still making devices. I haven’t see anyone with a Blackberry device in 7 years.

It’s an unfortunate but not uncommon story in business. A company comes out with a game-changing product and quickly dominates the market. But competition emerges, the market changes, and the once dominant company cannot keep up.

Next thing, you have a company that was once worth $383 billion now worth $4 billion. And I would assume all their revenue comes from legacy clients that haven’t switched to another platform yet.

Read the rest of this entry »

Permanent link to this article: http://financialslacker.com/blackberry-will-no-longer-make-devices/

Learning to Play an Instrument Provides Benefits

Learning to Play an InstrumentLast night, we attended a guitar concert performed by the students at my children’s school. Over the past few years, I have been to a number of these events and every time I hear the advanced students from the guitar program play, I am amazed by their talent. And what’s even more amazing is that most of the students didn’t start playing the guitar until they began the school program.

As impressive as this is, their success did not come easily. As with anything, to achieve that high a level of proficiency required investing many hours of work over many years.

Read the rest of this entry »

Permanent link to this article: http://financialslacker.com/learning-to-play-an-instrument/

Did the Presidential Debate Change Your Opinion?

Did the Presidential Debate Change Your Opinion?Did the presidential debate change your opinion of either candidate?

Probably not according to the consensus of the so-called experts this morning. Both candidates generally seemed to hold their own and there weren’t any significant surprises. They were both as civil as anyone expected.

I hope you had a chance to watch the debate. I’m not sure it lived up to the hype, but then again it’s a debate not a sporting event. I find things like this better if I can watch them for myself before I start hearing everyone else’s opinion.

Read the rest of this entry »

Permanent link to this article: http://financialslacker.com/presidential-debate-change-your-opinion/

Presidential Debate to Stream Live on Twitter

Presidential DebateIt’s Monday, September 26th. The day we have been waiting for ever since Donald Trump won the GOP nomination for President of the United States. Tonight is the first presidential debate in this incredibly bizarre election. Tonight we get to see Donald on stage next to Hillary. What will they say? How will they act?

How important is the presidential debate? I know the media would have us all believe that there is nothing more important. This is where we get to see the candidates shine or fail. Maybe one of them will completely lose it. We get to fact check everything single word they say. Let’s catch them in a lie.

Read the rest of this entry »

Permanent link to this article: http://financialslacker.com/presidential-debate-stream-live-twitter/

Cowboys Suck at Home – Podcast of the Week

Cowboys FootballIt’s Sunday in September. And for many, that means it’s time to sit back and watch a little NFL football.

And before you ask what this has to do with finance, stop and think about how much money NFL football generates both directly and indirectly. I have seen statistics putting the total impact of the NFL in the $15 to $20 billion range.

Football is a business and nowhere is that more obvious than with the Dallas Cowboys. Purchased by Jerry Jones in 1989 for $140 million, the Cowboys franchise is now worth an estimated $4.2 billion. It’s the most valuable sports franchise in the world. Read the rest of this entry »

Permanent link to this article: http://financialslacker.com/cowboys-football-suck-at-home/

New Business Idea Needs These Three Things

New Business IdeaFor the most part, new companies don’t just sprout up. Instead, they are created from a new business idea solving a specific problem or filling a need.

But to expand a new business idea to support a company, three elements need to be present – the problem / the solution / the market. Without all three, you don’t have the foundation to take a new business idea and turn it into a new company.

 

Read the rest of this entry »

Permanent link to this article: http://financialslacker.com/new-business-idea-needs-three-things/

Community Gives People a Way to be Heard

CommunityToday is Grandparents’ Day at the kids’ school. It’s a great experience for all involved. The kids get to show off their school and friends. The grandparents get to spend time with their grandchildren and see them in their own environment. The parents aren’t actually involved which is a nice break. And the school gets a chance to continue strengthening its community.

But as the kids and grandparents headed off today, I started thinking more and more about the idea of community and its importance in society. This is especially evident in light of the protests going on in North Carolina over the past few days.

 

Read the rest of this entry »

Permanent link to this article: http://financialslacker.com/community-gives-people-way-to-be-heard/

Older posts «