With private-sector jobs declining, would-be entrepreneurs may grow in number. But what are the secrets to success for startups and business builders in today's world? Jon Fisher will explain the benefits of an approach that emphasizes potential acquirers and a powerful economic predictor. He offers fresh thinking about designing and guiding ventures on a path of least resistance, maximum payoff and lowest risk.
Jon Fisher is a Silicon Valley entrepreneur, adjunct professor and analyst. Fisher co-founded and was Chief Executive Officer of Bharosa, an Oracle Corporation company, which produced the Oracle Adaptive Access Manager. In April 2008, Fisher predicted U.S. unemployment would rise to 9% by April 2009.
I have long thought about the speaker’s thesis and decided he is mostly right but also somewhat wrong. He is somewhat wrong that strategy can be so formulaic when in retrospect most key events are beyond the entrepreneur’s control. The speaker even acknowledges in another forum that more than sixty percent of the factors involved with his economic thesis have nothing to do with the variables he’s studying.
How can a vaunted DEMOCRACY legislate poverty for tens of millions of its citizens?
A democracy cannot.
America's capitalist oligarchy can and did, a long time ago.
Capital is fungible and has no national obligations.
It seems that the housing starts could be a symptom rather than root cause and thus be co-variance. What if the housing start rise/fall is a direct effect of consumer's confidence in their job and confidence in paying for their debt obligations? Thus, the housing starts co-vary with consumer's confidence in meeting debt obligations. Then I could believe this. And then the overall world economy is not tied to continuous, unsustainable growth. That is not logical to me. The overall economy must still reside on top of a collective, value-add increase of products and services.
Good point about Web 2.0 possibly funneling off funding to Green Tech. But I think that empowerment of groups via social networking could be just as important as Green tech and could lead to a very powerful means of cloud computing and crowd collective knowledge and collaboration that can increase efficiencies.
There’s little doubt that Jon Fisher, the entrepreneur turned business professor, has made some good calls. In May 2008, with unemployment at 5.4 percent, Fisher predicted that the U.S. unemployment rate would soar to 9 percent within 12 months. In April 2009, the U.S. unemployment rate hit 8.9 percent.
Last August, one month after Warren Buffett said that national unemployment could rise to 11 percent, Jon Fisher said no way -- the figure would peak at 10.4 percent and drop sharply thereafter, if it even got that high. As shown in the table below, the rate hit 10.1 percent in October and dropped to 9.7 percent in January.
He is right about Twitter.
Hubspot’s report, based on some 4.5 million Twitter accounts:
* 79.79% failed to provide a homepage URL
* 75.86% of users have not entered a bio in their profile
* 68.68% have not specified a location
* 55.50% are not following anyone
* 54.88% have never tweeted
* 52.71% have no followers
WASHINGTON — A top House Democratic leader said Friday Congress will have to permit at least $1.8 trillion in additional federal borrowing next year in order to avoid a default on the U.S. debt.
Majority Leader Steny Hoyer, D-Md., said that an increase in the so-called debt limit would have to be in the neighborhood of $1.8 to $1.9 trillion in order to allow the government to borrow enough money to keep the government running through December of next year.
WASHINGTON – The Treasury Department is acknowledging for the first time that it lost $61 billion on two key programs designed to stabilize the economy after the largest financial crisis in decades.
The government is losing more than $30 billion on lifelines extended to insurance giant American International Group Inc., according to Treasury data released Wednesday in an audit by the Government Accountability Office. It also is losing more than $30 billion on rescues of struggling automakers Chrysler and General Motors.
Treasury says the losses are offset in part by profits earned from bank bailouts. It says the bank bailouts will net taxpayers $19.5 billion.
Over all, the bailouts are projected to cost taxpayers $41.5 billion.