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.
Bio
Jon Fisher
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.
A Pearson r (linear correlation analysis) between national housing starts and national unemployment for the reporting periods October 1972 – September 1977 gives an inverse correlation of -0.564 that is extremely significant at less than the .01 (99%) level meaning there is a greater than 99% chance that there is an inverse correlation between these two variables and not due to chance. Pearson's r can range from -1 to 1 indicating a perfect negative or positive linear relationship. The relationship between grip strength and arm strength has been measured at an r of 0.63.
Administration economists are now all over the national airwaves that makes me even more nervous than senior members of the administration. What’s next? “Stimulus” II?
I really liked the two highlights in this speech as well as the introduction and the rest was the rest.
The entire world is saying unemployment is going up or staying high just like the entire world said unemployment was doing something else last year. The entire world is usually wrong so I’m listening to what this guy has to say. Is he a tech guy or a teacher by trade?
Parts of this speech are excellent but I also agree with 'Data Man' "I think Fisher may be more engaging than he is correct. One thing that follows the other is not caused or correlated even if it happens repeatedly. Many entrepreneurs lead by charisma and not true analysis." There is true analysis here but may not be the right kind.
Thursday, September 17, 2009
Jon Fisher Blog
The next Cisco or Microsoft or Oracle
Silicon Valley hotshots should quit swinging for the fences and instead send a sharp line drive to the opposite field -or just bunt- is a good way to put it. As long as we connect with the ball, (universe of $50M acquisition, 50% + ownership), we leave “swinging for the fences” to the guys with a death wish or some VCs trying to save a business model that hasn’t worked in approaching 10 years or members of the media who don’t know any better.
Cisco, Microsoft and Oracle (“Some Of The Greats”) together bought 29 companies in 2008 and have an R&D budget of at least $10B. You think your product is revolutionary enough to change the world? You want to sit with Some Of The Greats? All power to you but make sure you don’t have any competitors because they will sellout and then you will be competing against One Of The Greats + your competitor.
WASHINGTON (AP) -- Economic activity is stabilizing or improving in the vast majority of the country, according to a new government survey, adding to evidence that the worst recession since the 1930s is over. The Federal Reserve's snapshot of economic conditions backs predictions by Fed Chairman Ben Bernanke and most other analysts that the economy has started to grow again in the current quarter.
In the survey released Wednesday, all but one of the Fed's 12 regions indicated that economic activity was "stable," showed "signs of stabilization" or had "firmed." The one exception was the St. Louis region, which continued to report that the pace of decline in economic activity appeared to be "moderating."