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The Nba (national Basketball Association) Is Never Just A Business. It's Always Business. It's Always Personal. All Good Businesses Are Personal. The Best Businesses Are Very Personal.

The Higher Education Industry Is Very Analogous To The Newspaper Industry. By The Time They Realize They Need To Change The Costs To Support Their Legacy Infrastructure And Costs Will Keep Them From Getting There.

Having The Ability To Be Brutally Honest With Yourself Is The Greatest Challenge You Face When Creating A Business Model. Too Often We Oversell Ourselves On The Quality Of The Idea, Service, Or Product. We Don't Provide An Honest Assessment Of How We Fit In The Market, Why Customers Will Buy From Us, And At What Price.

Perfectionism Is The Enemy Of Profitability.

Creating A Close Connection To Those You Do Business With Has Its Many Risks, Rewards And Consequences. There Are Few Things In Business I Have Encountered That Are More Difficult Than Firing Someone, Particularly If That Someone Has Always Been, Or Has Become A Friend. On The Flip Side, I Have Been Rewarded With Many Friends.