opportunity__cost

Mar 6 2010

Does birth order really matter?

First Child: perfectionist, reliable, conscientious, a list maker, well organized, hard driving, a natural leader, critical, serious, scholarly, logical, doesn’t like surprises, a techie.

Middle Child: mediator, compromising, diplomatic, avoids conflict, independent, loyal to peers, has many friends, a maverick, secretive, used to not having attention.

Youngest Child: manipulative, charming, blames others, attention seeker, tenacious, people person, natural salesperson, precocious, engaging, affectionate, loves surprises.

Only Child: little adult by age seven, very thorough, deliberate, high achiever, self-motivated, fearful, cautious, voracious reader, black-and-white thinker, talks in extremes, can’t bear to fail, has very high expectations for self, more comfortable with people who are older or younger.

via larrycheng.com

While I agree that this is something that might be true, however, from my own experience, many of these conclusions don't work for people whom I know personally.

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Mar 6 2010

HBR March 2010

Started my day with reading thru the March HBR. (Do you start your day like this?)

Nice research on page 30 concluding that getting cash makes you feel less pain or being socially excluded. (Yes, that's who we are.) There is definitely a possible application of cash to many places to improve them, and it's interesting to see how it was put together.
One more nice article on page 38 on bankers' practices and the incentives, that, unfortunately, are not long term oriented.
On page 66 you can find great review of ways to get from the recession and typical strategies used. This doesn't apply directly to the small businesses though, but more in general way, mostly because of operating costs and actual budgets range.

And, generally speaking, I liked this month's issue. Good mix of articles worth reading.