Published in UT San Diego March 12, 2013 In 1866, Charles Goodnight, a cattle herder, invented the chuck wagon. In 1890, lunch wagons came to New York City to feed the workers on the night shift. In the 1950s, the Army got into the game with mobile canteens. In 2013, the world has moved from […]
Entrepreneurship
Extraordinary entrepreneur sees failure as start, not end
Published in UT San Diego, March 5, 2013 Once in a while, you encounter a truly inspirational and extraordinary person, and meeting Yossi Vardi, one of Israel’s early tech entrepreneurs, was one of those peak experiences. Vardi was recently in San Diego; he spoke at an event sponsored by UC San Diego and the Israel […]
Near sourcing often outperforms out sourcing
Published in UT San Diego, February 26, 2013 Sometimes the grass is greener across the street and not across the ocean. Meet “near sourcing” — the new version of outsourcing. The goal is to keep more jobs close to home, in this case, right here in San Diego. When Rempex Pharmaceuticals needed to make a […]
Moving from horse shoes to high-end saddles was a good fit
Published in UT San Diego, February 12, 2013 If you listen to your customer, he will tell you whether you have a business or not. And sometimes what begins as a hobby, project or job can turn into a business if you pay close attention. In 1984, John Burgun, then working on his family’s Australian […]
Dollars will fetch a franchise, but dedication is necessary to keep it
Published in UT San Diego, February 5, 2013 At its most basic concept, “franchising” is the practice of using another firm’s successful business model. Franchising is also a financing technique. The franchiser gets the other person (the franchisee) to put up the dough so that the franchiser can expand, and in return, the franchisee pays […]
Bold vision doesn’t pay in science but it should
Published in UT San Diego, January 29, 2013 If Galileo had applied for a federal research grant to prove that the Earth was round, he probably would have been turned down. After all, everyone knew the earth was flat, so why invest in research that has no chance of ever amounting to anything? This is […]