Category: Competitive Advantage & Differentiation

Berkshire Meeting Week: Circle of Competence

Your “Circle of Competence” is the area that you understand well.  For investors and business owners, it is wise to keep your business activities within your Circle of Competence.  This should not be a limiting concept — once you focus on something, you begin to see more opportunities… Continue reading

Facebook Governance and ISS — I Support Zuckerberg

For each unique company and unique situation, I believe they should utilize business structures, financing strategies, and all other tools that help them keep their company unique.  For this reason, I cheer on Mark Zuckerberg and Facebook for their ability to utilize unique investment terms… Continue reading

Grow Your Business Faster with Singles and Doubles

To grow faster, I have found it is better to focus on growth initiatives that are singles and doubles — counter-intuitive but effective.  Some people prefer to attempt the big, home-run initiatives.  Large companies, in particular, can feel they need a growth initiative to provide… Continue reading

Make Business Variability Your Friend

Life, nature and business are variable. They rarely travel in straight lines. They are organic. They move up, down, and sideways often on timeframes that you cannot predict or control. Trying to control, manipulate and insulate yourself from these movements can be frustrating and usually… Continue reading