i know geronimo

i got up early to catch the rest of that new swell (yesterday was super fun), but it’s still a bit blown out…i’m hoping that it’ll be better in a few hours.  The funny thing is that it’s 60 degrees outside; and I am freezing.  It didn’t take long for my body to adjust …. how did i ever manage winter in the midwest?  more to follow - gotta run.

it’s great to be home.  the graduation celebrations have been amazing — but now that i am getting back into the so. cal way of living –I have time to catch up with my blog (sorry everyone — I just had to get my schedule back in order).  Today’s theme song of the day is "A Message To You Rudy," by The Specials — ska just feels right for a day like today.

get.your.ska.groove.on 

I have a ton to write about:

My thoughts re:

the Dalai Llama speech (definitely a cool experience)

the future of blockbuster

the economics of buy v. lease for a recently graduated mba

my crazy 2 day drive home

… 

i’m back.

yesterday was my last day of class.  i spent it listening to Jim Keyes, Blockbuster’s CEO talk about the Blockbuster/Circuit City deal — definitely a great way to end this chapter.  i’ll talk about the deal later.

…and now for the painting, packing, sorting and cleaning.

i haven’t picked a theme song for today — i think that i’ll just put my player on shuffle and see what happens.  if i come up with one later, i will post it.  enjoy your thursday!

I must really be thinking of California .. today’s song of the day is "Amber" by 311.  Can’t wait for the mellow drive home.  On the plus side, it should be 60 degrees and sunny today — I hope that the ducks are smiling.

geronimo.is.feeling.mellow

Just read a working paper put out by an assistant prof. at HBS.  If you don’t read the working knowledge site — perhaps you should.  There are a few interesting articles.

http://hbswk.hbs.edu/

Here’s a link to the paper:

http://www.hbs.edu/research/pdf/08-047.pdf

Three key points:

Entrepreneurs are, on average, significantly wealthier than people who work in paid employment. The wealthy are also more likely to become entrepreneurs.

Talent matters in entrepreneurship, more so for the less wealthy. The relationship between individual wealth and entrepreneurship in advanced economies is driven at least in part by the fact that wealthy individuals can start lower growth-potential businesses because they do not face the discipline of external finance.

It may be misguided to provide a simple scheme of cheap credit for new ventures, as not all who take up the scheme will be those who really need it.