Interesting conversation today about the value of experience vs qualifications. I must say, it’s not uncommon to find people with tons of business experience who never went to grad school or sometimes even completed a formal education. It’s also not uncommon to find people with business degrees in other walks of life, not using the skills they have learnt. It’s funny how some people would put so much effort into getting their diploma, all those late nights and dark under eye circles, then not being able to take advantage of what they have gained.
The question is, what do you think is more important? The things one learns at business school? Or the formative years that give a person the traits that are so essential in business? Ot much be a combination of both, but one surely must be more important. Think about our business leaders of today, where do they get their foundations?
There’s an interesting article on Business Week about Smartphone Software and the way new developments are making inroads into gaining more and more adoption amongst users. The reality is that this is still an emerging market, but one that is expecting to grow enormously in the future. There are a couple of really interesting examples of the technology on the article; one centring about a shopping experience. It talks about a smartphone being used to track a person’s shopping – scanning her items as she picks them off the shelf. This information is used at checkout to bill the customer, but it also provides valuable information about shopping patterns and location in the store. The customer is rewarded with coupons that match her shopping patterns, whether it’s for cheese or weight loss pills, it all depends on her purchases. It’s an interesting model with both parties gaining from it, a synergy that produces some interesting result.
The technology that makes this possible is the inclusion of devices in phones that makes them context aware. My phone for example, has GPS, a compass, motion sensors and other sensors that tell the phone where it is and what it’s doing. However, the applications that can use this platform are still in their infancy. Every month, new applications are produced that take advantage of this technology and over the next few years, we’ll see some amazing innovations in this sphere.
I personally, just can’t wait to see what’s around the corner 😉
I must say, I don’t have that much experience with the stock market, but I hear there’s a killing to be made on hot penny stocks. The great thing about them is that you need very little capital to get started and they can produce some phenomenal returns.
There are some great resources out there. For example, take a look at this chart that shows how a website like MicrocapMillionaires.com can let its members know that a particular stock is looking interesting:
Obviously, there’s always risk playing on the stock market, so you have to keep in mind that past performance is no indication of what will happen in the future. But it could always turn out to be an interesting hobby.
If you’ve ever had to travel for business, you know all about the risk of luggage going missing on your trip. But you don’t know the real dismay and the sinking feeling in your stomach that comes from realising your bag hasn’t made it. Most of the time, your bag gets found, but sometimes it doesn’t and you can kiss all your belongings goodbye. You may get something back from the insurance, but the sentimental value of some items just cannot be replaced. I’ve had my luggage lost a couple of times so far and it’s always a nightmare dealing with insurances, trying to find receipts of what was in the bag. Better if the bag wasn’t lost at all.
That’s where ReboundTag comes in. I received one of their tags as a sample to try and I must say I love the idea behind their service. They send you a special tag that has a barcode and a human readable number on the side. It also has two types of RFID technology embedded in the tag which airport scanners are designed to read. Once you receive your tag, you sign up to their website and leave your details. All that’s left is to affix the tag to your luggage and wait for the worst.
If you’re unfortunate enough that your bag goes walkies, this time you have a fighting chance. If the bag is recovered, the tag will point the finder to ReboundTag’s “I Found Something” page where they can key in the tag details and send a message to the tag holder (me in this case). It doesn’t guarantee that your bag will be found, but it does help return it to it’s rightful owner. It gives an extra level of comfort. Don’t get me wrong, I’d still keep any jewellery, MP3 players or phones on my person, but at least I know my bulky items are just a bit safer for the tag. Great idea!