Category: Misc

Risk Aversion is the Antithesis of America

… one danger facing the U.S. was that “we could become a risk-averse nation. The entire mood of the country has swung from taking wild risks to taking no risk,” he observed. “And that could be bad for the country.”

An spot on post by Lane Wallace. The entrepreneurial spirit is what made America.  Many people can’t relate to a willingness to risk everything in search of exploration, innovation and accomplishment.

If the risks taken are going to bring down an entire financial system for the rest of us, that’s one thing. But if an informed explorer is willing to put their own life, fortune … or even, to quote a memorable document, their sacred honor … on the line for a cause, technology, or chance they think is worth it … perhaps we should rethink our knee-jerk reflex to keep them safer than they wish to keep themselves.

During an economic crisis many people will lose the job security they assumed, and some will turn to entrepreneurship as a stop gap.

NASA managers speak of a balancing act called “risk versus reach.” Too little reach, and you discover nothing significantly new. Too much risk, and you lose the craft and people you need to do the exploring, and you discover nothing at all.

The real key to recovery will be entrepreneurs by choice, not those thrust into self-employment by economic times.  How far an entrepreneur is willing to “reach” without reckless risk is the metal of success.

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Mixing DNA… SaaS in the genes

No, not that kind of DNA mixing. This is the engineered variety, and it’s happening across the software industry to more than 10,000 independent software vendors. Genetically programmed to be product companies, the market now expects them to become service providers… to run their own software and deliver it as a service back to the customers.

Enterprise customers are shifting the complexity of running software back to the ISV, and expect the ISV to operate with the same best practices and deliver even better quality of service. But is it in the genes of a traditional software company to make this transition? Read More …

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