We Want Our Twinkies Back

This past week, a tragedy occurred.  The entitlement and stubbornness of union leaders forced Hostess (makers of Twinkies, HoHos, Wonder Bread, etc.) to cease operations forever.  The result: 18,500 jobs lost, $2.5 billion of revenue squandered, and millions of sweet-tooth consumers left with a craving. Pretty much the same thing happened to this year’s NHL…

Waste On The Shop Room Floor

A friend of mine owns a high-end Italian restaurant, which has delighted customers for decades.  He’s an astute business owner, and manages the food quality, staff, and inventory with exquisite precision.  Now imagine what would happen to his profits if the kitchen crew just randomly dropped 25% of their high-quality ingredients on the floor.  Wasted…

The Streetfighter

Having built four startups from scratch and now investing in them full-time, you could say I’m in the business of “entrepreneurship.”  But I don’t think that’s the right term anymore.  At all. The word entrepreneur was borrowed from the French language and implies an aristocratic polish.  It conjures up images of backroom deals with white men in three-piece…