2005 30
Why Does Aging make Sense
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We are genetically programmed to grow, we are also genetically programmed to age… and die. Why is this the case? As much as I hate knowing that I am programmed to age and die (I´ve grown already) I can see how death is essential for evolution. Death, whether we like it or not, is the measure of our evolutionary success. If evolution is the survival of the fittest, timing of death is the metrics of survival or non survival. If a specie was evolved in a way that it´s individuals lived forever, then how could we know who the fittest individual is?
2005 21
Is Money Obscene? Try Europe
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Obscenity
designed to incite to lust or depravity
So whatever incites lust or depravity is obscene, sex for example is obscene, or is it?
After living in America for 18 years and in Europe, for 10 I can argue differently. Sex is obscene in America, but in Europe money is more obscene. Spain has a reputation for being a Catholic country. And it used to be. But the latest statistic is that only 14% of the Spaniards under 25 consider that catholicism plays an important role in their lives. In Franco times the answer was 66% according to El Pais. In Spain sex was obscene…in Franco times. Now the only obscenity left is money. And the same is true in France, in Italy or in Germany. In America women don´t uncover their breasts while sun bathing. In Europe they do. Walk around Paris during a sunny day and you will see plenty of topless women sunbathing. Same is true in Spanish beaches. There´s nothing obscene about this. For Americans, however, obscenity is closely associated with nudity. Jesse Helms, the right wing American senator who was once asked to define pornography and he simply said “I can´t define it but I can certainly recognize it when I see it”. Still I would imagine that the former leader of the Moral Majority of the United States would consider obscene to see topless women sunbathing in American cities. Europeans clearly don´t.
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2005 17
Offshoring and Immigration are Greatly Exagerated
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I just read this in the latest McKinsey Report on Offshoring:
While 11 percent (161 million jobs) of the 1.46 billion service jobs worldwide could be performed remotely, only a small fraction of employment that could potentially go offshore will do so. The number of jobs companies are actually expected to locate offshore in low-wage countries by 2008 will reach 4.1 million, or 1 percent of total services jobs in developed countries. Across sectors and occupations, potential and actual offshoring varies widely, as documented in eight in-depth industry cases (automotive, health care, insurance, IT services, packaged software, pharma, retail, and retail banking).
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2005 12
China is only One Party Away from Democracy
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Thirty years ago in China there was no competition. Even in 1988, when I first visited China, there was very little competition. But after a failed experiment with Marxism, the Chinese started in the late 80s a much more successful trial of Ricardean economics and…it worked. China as we all know has been growing at a sustained of over 8% per year for 15 years in a row and is now the main consumer of most of the world´s commodities. Now that the Chinesehave experimented with competition in business with such enviable results I believe that it is a matter of time until China experiments with competition in politics.
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2005 12
I Belong to OpenBC… and Maybe you Should as Well
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OpenBC is a super succesful web site that links business people around the world. It is relatively new and growing fast. I joined a month ago, encouraged by my friend Ola Ahlvarsson from Sweden, and did not think much of it. Surprisingly, two days after joining, an executive from a large multinational contacted me with a project that they wanted to do teaming up with an entrepreneur. Even more suprisingly, I found the project so interesting that we now have a letter of intent signed and hopefully I will soon be able to announce that we are launching it.
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2005 12
Tired of losing: Outsource your Rival, American Law Firms
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I lived in the States for 18 years. During that time I completed my schooling at NYU and Columbia University and my first 10 years as an entrepreneur. Overall I loved living in NYC, this city has some of the best universities and most remarkable entrepreneurial opportunities in the world. Everything is there. Unfortunately everthing includes a serious impediment to business: expensive American law firms. Americans called Europe beaurocratic and that is true. But at least European beaurocracy is mostly free. American beaurocracy comes in the shape of law firms and it´s outrageously costly. Lawyers in America are as priviledges as members of the Communist Party of China: they are people who walk around charging $400 an hour to talk to each other while they make rules for all the rest of us to live by.
But wait, there´s hope for this abuse and it´s in India. Some American entrepreneurs have realized that the “knowledge” that American lawyers have can easily be replicated in India and there are now people in India who are receiving an American Legal Education. Imagine the education institutions now focus on turning out amazing software engineers coming up with a new training, American Law and graduating lawyers who can do most of the legal work that needs to be done supported by a few coordinators in America who yes, could bill $400 an hour but for very very few hours. And after that, how would you like to have Indian lawyers trained in American law working for you over the net at $10 an hour? Well, it´s coming. Soon one of the most important useless drains of cash for American businesses will stop… in India.
2005 27
Letter: Admiration
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Dear Martin,
I am writing to you to let you know that I am really impressed with your success. You are an inspiration to me. I am the type of person that cannot sleep at night wondering all of the things I could do. I always come up with tons of business ideas and solutions but somehow they all remain in just ideas. I currently live in Miami where I work as a credit analyst for an international bank. Prior to that I lived in Boston for seven years where I got my bachelors degree in Finance and International Business at Northeastern University. I guess I am seeking for advice in regards to my career. I am a very ambitious person who cannot stand mediocrity. I just wish one day I could get my career on the right direction. The path of success and achievement where I can feel proud of my accomplishments.
By the way, I have to tell you that I personally think the recent offer you made to South Winds was genius. I just admire the way you move. You are everywhere without even being there. Thank you for listening,
Diego H. Lodeiro
Credit Analyst
Banco Internacional de Costa Rica S.A.
I just came back from a tour of Israel and soon to be Palestine. During this tour I met with a significant number of top Palestinian and Israeli political leaders. I met with Vice Prime Minister Ehud Olmert, political leaders from Likud, Labor, Shaz, Mafdal, Shinui and others. I also met with the Minister of the Economy of Palestine, leaders from Fatah and Hamas, as well as other young political leaders and activists in Palestine.
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Sometimes things are wrong in the world and we think we know how to fix them. For example, we know that we’re polluting the atmosphere and we know that if hybrid cars became mandatory around the world, pollutant levels would drastically fall. We know the problem, we know the solution. But what about situations when we know something is wrong in the world and the solution we’d like to propose would make things even worse? This is the case with US military spending.
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2005 11
The Basques Seen from the Outside
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The Spanish papers dedicate about 3 pages everyday to the Basque Country debate, and some days, even more. The Spanish people are obsessed by the situation in the Basque Country, in part because of terrorism. However, just the other day I found out that every year in Spain more people die in car accidents than have died in the entire history of ETA, yet, I don’t see as much ink spilled to cover that story.
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