This was a busy week for me, so I forgot to post my weekly Recessionwire piece on when the recession will end. I wrote on how the end of cheap treats will signal and end to the recession. While we can all appreciate the shift to focusing on quality times with friends and family, etc. versus high-priced living, the new normal will include little luxuries in life. I just noted that hopefully most can be more responsible this time around.
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When I first cracked open the Blind Side, I never imagined that I was embarking on this great lesson in football and Michael Oher’s reinvention from a lost, inner city teenager to a potential NFL star. Wow was all I could think after peeling through the book, and I can’t wait to see the move coming out this November! I may even read a newer version of the book coming out on October 12. Michael Oher’s story at the surface is interesting but not particularly surprising in the sense that you already know from the back of the book cover that a wealthy Caucasian family helps a ...read more Print This Post
I was reading one of my favorite bloggers, Fred Wilson, and he has this interesting feature called Zemanta to reblog his posts. I thought it was interesting and tried it out on one of his postings that I thought was relevant to mine. Below is the result. I think they try to make it a standalone posting for a blog, but it looked so random on its own that I decided to put an intro. I’m sure I’ll find more of his work that I’ll want to reblog, so let’s see if they refine this function. In the meantime, I may check out one ...read more Print This Post
A while back, I wrote about Jamie Dimon’s epic rise to the top of the financial industry. For my Recessionwire piece this week, I wrote about what he’s doing at the top of the financial industry. In a piece for The Wall Street Journal, he claimed, “No discussion of the future of the financial system can be complete without an acknowledgment of the industry’s responsibility to re-earn the trust of the American people.” I talk about the uphill battle of restoring this trust and what it will take to gain it. Print This Post
As I mentioned in my last post, last month I spent a week in nearby Guangdong province on a tour for foreign and local media organized by the provincial government. The highlight of the week was definitely our meeting with the Chinese Communist Party’s party-secretary for Guangdong province, Wang Yang. As BusinessWeek suggests, Wang Yang is a “rising star” in the country’s leadership. Mr. Yang has been building a reputation for being progressive and media-friendly for a number of years now. Before coming to Guangdong, he held a senior ...read more Print This Post
Last week, I wrote a brief piece on the recession’s accidental entrepreneurs and how the Cup & Saucer Cookie Company story with the mother-daughter duo inspired me to put in an order for cookies. The customer service from beginning to end was great. While I liked the cookies, I can’t say eating them was a blow you away experience like some other desserts. That said, I still ordered more for a friend’s birthday and will probably give them as gifts. In the meantime, I’ll be on the look out for more accidental entrepreneurs. Given how much I love entrepreneurial stories, the least I could do is ...read more Print This Post
Last week, The Huffington Post did a shout out for “accidental entrepreneurs” to share their stories. While “accidental entrepreneurs” during a recession isn’t surprising, it’s uplifting to read their stories amidst so much other negative news. The New York Times also did a piece on “accidental entrepreneurs,” and I thought the anecdote of the Cup and Saucer Cookie Company was so inspiring that I went straight to the web site and put in an order for cookies to support entrepreneurial efforts. Talk about the power of PR! In this story, a mother-daughter team started-up a small cookie business. The daughter, Jackie McAlister, noted that ...read more Print This Post
I forgot to mention that we’re evolving my “Recession Will End…” feature for Recessionwire since all the economists’ predictions started to fuse into a general consensus that we’ll start to see some initial growth at around this time but still with recession-like features in the economy. This slow growth would continue throughout at least the first part of 2010. Instead of breaking down predictions, we started to focus on elements that the recession has impacted like staycations, hiring at GM and the affordability of college. This week I focused on the affordability of college, and while I conclude that more widespread ability to pay ...read more |
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