Former Employees Discover Life After Wall Street

Chen, 26, is a partner at a company called GreenSoul Shoes. He's scrupulously polite, though he stops to look at his BlackBerry every chance he gets. Chen grew up in the Bronx — a math wiz who went to Brown. He later landed a job at Bear Stearns. He loved the intense competition of the place, and he would have stayed, but then one weekend last year, Bear Stearns collapsed.

Adaptation

Adaptation is the key to success in a quickly changing market place. In recent years more people have met the painful understanding that in business success is synonymous with survival. Dan Miller posted an encouraging story of a mom and pop tire shop that adapted to compete against the big tire chains on the market. They found a specialty which now provides the bulk of their revenue.

If they can make their business work so can you.

Re-tired and doing well

Can you change everything?

Another piece by Seth Godin.

You might not be as permanently stuck in a rut as you think. The rut you're in isn't permanent, nor is it perfect. There are certainly less perfect ruts, but there may be better ones as well. The certain thing is that you can change everything...

Can you change everything?

Options Not Obligations

Fun Entrepreneurial Ideas for Children

Starting a small business with your children is a great way for kids to learn financial responsibility, life skills, and build confidence. As a parent, it is your duty to teach your kids the importance of these things and take pride in doing so.

The number one key to getting your kids interested in entrepreneurism and financial responsibility is to make it fun. Before you begin a business venture with your children, remember these important tips.

Options Not Obligations

Have a “Curious Child?”

Dan Miller, author of "No More Mondays" and "48 Day To The Work You Love", has a very active blog. On April 27, 2009 Miller posted a message on the importance of encouraging one's children to live well, especially concerning their dreams for building their own lives.

William and Mary had three children, two girls named Kristi and Libby and a son they nicknamed Trey. Since William was a successful Seattle attorney and Mary was a school teacher they thought a career in law would be an appropriate pursuit for their only son as well.

Imagine their pleasure when Trey scored 1590 out of a possible 1600 on the SAT. His parents were thrilled when he was accepted into Harvard in 1973. But Trey had a hard time finding a clear focus for his studies and spent most of his time playing around on the schools computers.

According to Trey’s parents they were “sick when he told us he planned to leave college to take advantage of a window of opportunity he believed would be long gone by the time he graduated from Harvard.” Much to the dismay of his parents, he dropped out of school forever in 1975.

read the full post: Have a “Curious Child?”

Pivots for change

Seth Godin has a great yet short blog post helping us keep perspective in this changing economy. Making some changes may be necessary, but don't let that freak you out. You need to acknowledge the reality of life that change happens. Don't delude yourself into thinking you can always do things the same way you've always done them.

When industry norms start to die, people panic. It's difficult to change when you think that you must change everything in order to succeed. Changing everything is too difficult.

Consider for a minute the pivot points available to you:

• Keep the machines in your factory, but change what they make.


• Keep your customers, but change what you sell to them.

read Pivots for change

A Brief History Of The “Entrepreneurial Revolution”

Alex Mandossian has an excellent blog post on entrepreneurship. His idea is that the next wave of business mentality will open up opportunity and possibilities for any of us to succeed.

"Although I don’t agree with all of President Obama’s economic philosophies, I do agree with his recent declaration, “The future of our economy relies on the imagination of our Entrepreneurs.” Whether you agree or disagree, please share your thoughts with me and the rest of the world."

A Brief History Of The “Entrepreneurial Revolution”