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Welcome

Ever notice that the world is full of experts who have never actually done what they are "experts" at?

Many a business professor has never actually managed a business. Most business courses stress defining business terms but never actually teach the concepts of running a business.

This blog hopes to teach some of the terms and, at the same time, give some examples and lessons on running a business.

There will also be reviews of books on business listed here. Sometimes companies give me books to review. Regardless of where I get the book to review, I will give my honest opinion. If I was given the book to review I will always disclose that in the review.

I seek to start posting on 02 January 2012. Some of the posts will be recycled from some of my other blogs.

The reader should know that there is no one “Right Way” to conduct business that will apply in all situations. This blog is meant as a place to start. It is hoped that you will perform further research and consult professionals experienced in your particular business before making any important decisions.



18 April 2012

Wherever Men Trade



I love history and I love to read about business. This book is chock full of business history. Watson from I.B.M. started off at the National Cash Register Company. His idea for posting signs that said "Think" came from N.C.R. 

I loved every word in this book. 

Did you ever wonder where the word “Fire,” meaning to terminate one’s employee, came from? Well, company lore at National Cash Register has it that John Patterson, founder and then president of National Cash Register, decided he needed to terminate the employment of Thomas Watson, Sr.  So, to make a point, he had Watson’s desk taken out of the building and placed on the front lawn of the company headquarters. About the time Watson pulled up for work, Patterson set Watson’s desk on fire. Kind of makes Donald Trump pale by comparison huh?


Disclaimer
The opinions or advice listed in this blog or website should be used as a place to start only. It is not a substitute for the use of a professional.
Please be sure to consult your attorney and/or accountant with any specific questions.
There is no one right answer to any business question that will cover all circumstances.
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