Warren Buffet Knows About Profit

Linda LaitalaBusiness, ManagementLeave a Comment

warren buffet story

While in high school, Warren Buffet and a friend bought a used nickel pinball machine for $25.  They arranged to install it in a barbershop, offering the barber a no-risk proposition – they would split all the profits evenly.  Buffet thought customers waiting for a haircut might like something to do.  He was right. 

Exceptional

Linda LaitalaBusiness, Leadership, ManagementLeave a Comment

How can we tell when we meet an “exceptional” person? Exceptional people thrive not because of what has been done to them, but how they reacted.  They are self-aware, which allows for growth within themselves and others.

Is friction a bad thing?

Linda LaitalaBusiness, Employees, Leadership, Management, MarketingLeave a Comment

In the physical world, friction allows us to accomplish many everyday tasks: running, driving a car up a hill, even sitting on a chair. It’s a necessary part of our lives.  But when we think of friction among people, most of us have learned to think of it as a negative force, a clash of wills or opinions that makes

Rawhide and Processes

Linda LaitalaBusiness, ManagementLeave a Comment

Process – a series of actions or steps taken to achieve a particular end.  The clearer the process, the more efficient the operation.  Thriving businesses depend on successful processes.

Time and Priorities

Linda LaitalaBusiness, Employees, Management, Marketing, SalesLeave a Comment

During a play in New York City about gang violence, a cell phone rang in the audience.  Thoughtlessly, the man answered it.  He was hunched over talking when one of the actors walked over, pointed the prop gun at him and said, “Give me the phone!”  Sheepishly the man handed it over.  The audience erupted in applause.