A discussion about the pricing of luxury watches

As certain watches gain popularity and resell for multiples of the original retail price, this post aims to discuss some of the pricing dynamics in the watch world, and think through the considerations a brand would need to make before setting the price of a watch. It is simply a discussion and thought experiment, hope you find it interesting.

Be Like Amazon

I decided to do another book summary post, since I found it so useful and insightful. This one is by brothers Jeffrey Eisenberg and Bryan Eisenberg, writing with Roy H. Williams. They analyse Amazon’s principles through the eyes of two imaginary characters on a road trip. The book is basically a dialogue between the older…

What’s Love Got to Do With Business?

Plenty. When your connection to a mission or idea that is so strong that it inspires you to take risks, your company can soar, and your customers benefit. Leading a high-growth, venture-backed startup in San Francisco’s SOMA district for the past two years is an experience that has rocked my world. It has reminded me…

Top 10 Traits Of Highly Successful People

What do successful people all have in common? We have all read about people who are successful briefly. They win a gold medal, make a fortune, or star in one great movie and then disappear.…These examples do not inspire me! My focus and fascination is with people who seem to do well in many areas…

Why Learning to Tell Jokes Is Good for Business

Good comedians are usually good presenters. So can doing stand-up help close the deal? In her previous career, Alison Meyerstein was a lawyer. So as she steps onto the stage for her first comedy act, there is one small detail she knows she must clarify. “I feel obliged to give a legal disclaimer,” she says.”Lawyers…

Help For Business Is Written In The Cloud

Dee Ashurst talks about cloud computing, its significance in business and some pros and cons of being in the cloud Why The Cloud Based Industry Is Significant It is estimated that the value to the U.S. economy of the cloud based industry is currently in the region of about $1.25 trillion per annum. As the…

How Much About the Business Should You Share With Your Spouse?

Meg Cadoux Hirshberg examines the limit on what your spouse should know about the company’s problems. In the early years of Stonyfield Yogurt, my husband, Gary, and I acted like the three wise monkeys. When it came to the company’s finances, I covered my eyes and ears so as to see and hear no evil….

How to Assess the Market Potential of Your Idea

Not sure if your new business idea is good enough to succeed? Here are six ways to test it. The facts are sobering: the majority of small businesses fail within five years of starting up. While there are many reasons that businesses fail, including some that have nothing to do with an owner’s skills, it’s…