I've got a new post over on Ascent's Investing Edge blog. See here. As the son of a Hardware Engineer who spent his entire career at Raytheon, I am, of course, partial. But being married to an Aero Engineer, it goes without saying that they rock the most.
Friday, January 2, 2015
The single best-read post for 2014 was the very first of the "Barnyard of Entrepreneurs" series, Predicting the Future, followed by the fifth (A Lesson in Business History). Upon re-read, Future came off as a little crankier than I had intended, but History was more in the spirit of poking fun at how short our industrial and commercial memories have become. In no event did I even begin to approach the hilarious and creative evil of David Sedaris in his Squirrel Seeks Chipmunk, still one of my favorite books of the new millennium.
The third best-read post of 2014 was the sixth in the Barnyard series, Failure is Success. Failure, which Mankind concluded sometime back in the Stone Age could be a profitable learning experience, has morphed under Big Entrepreneurship to be a badge of honor--provided you eventually attain success. Stories proclaiming the value of failure by repeated failures are less easy to find.
By the way, when I wrote the term “Big Entrepreneurship”—hardly earth-shattering, I know—I Googled it and had not a single hit. So I stuck it in a post here, like planting a flag on a new continent. (History suggests that if you want to claim territory, an army is better than a flag.) It’s a concept I have developed much more fully in my working (and still alleged) book on the American entrepreneurial experience, now entering its third (or possibly fourth) year of research and writing. (Though the mills of God grind slowly, the poet wrote, they do grind.) I am hoping in the meantime that Pat Riley does not add it to “Three-Peat” in his stable of dubious trademarks.