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Is the bar too high?

December 30, 2005

In my last post I talked about Open Source Business StartUp - I may have set the bar too high. No sooner had I hit the post button and Vinnie Marchandani pops up with this gem . In talking about his 12 year old son, he says:

"He started asking me this week about investments and I offered to give him a small budget if he did some research. I fully expected him to pick some electronic or fast food company as his first stock. He picked Delta Airlines. I reasoned they are in bankruptcy and have lots of problems (as I have written often on this blog). He stuck with his decision…"

Maybe I set the bar too high. Maybe I should be asking 12 year olds what they think? 

Written by Dennis Howlett · Filed Under Innovation 

Comments

3 Responses to “Is the bar too high?”

  1. Vinnie Mirchandani on December 31st, 2005 12:25 am

    Dennis, the reason I quoted my 12 year old was us grown ups sometime are too analytical - and we put all kinds of elaborate business and launch plans to try and "de-risk" everything. Especially cautious (some would say cynical) after the mood swings of last few years. I was fascinated he chose to invest in a bankrupt company when there are so many snazzy brands around. As Jobs says being stupid is sometimes the only way an entrepreneur gets started and wills himself/herself forward,,,Happy new year!

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  2. tyrone ferrara on January 2nd, 2006 4:55 am

    I bewildered, amazed and I don’t even know what to say. It’s not that your articles are too recondite, it’s how well your website is put together. I’ve been blogging for a year now and after visiting your site I feeling like a knucklehead. Well done! Keep up the good work and don’t worry about setting the bar too high.

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  3. Dennis Howlett on January 2nd, 2006 5:57 am

    Not sure of I offended Vinnie. If I did then I apologise.

    I was thinking that maybe when we ask people what they think, what we should think is maybe we ask the wrong people a lot of the time. Maybe the clients of tomorrow will be the student with a web programming backgroundwho earning his way through university/college with his programming skills? I don’t know but from what I see it is a demographic segment ‘we’ miss at our peril.

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