So I've been absolutely swamped with school work and my work at Wheeler Machinery and haven't really had a chance to think of anything to write about, but here's an interesting thing I learned last week.
Unless a new company is able to capture 25% of it's first target market chances are that it will fail. Pretty crazy, so to everyone who's thinking that industry ZZZZZ has billions of $ flowing through it so if you only capture 2% you'll be a millionaire, think again!
Oct 28, 2010
Oct 6, 2010
Think you had a bad day?
Next time you complain about a $10 parking ticket (which I get plenty of and always complain about) be glad that you aren't Jérôme Kerviel, a French trader who almost single handedly made his bank go under. He's been given 3 years in jail and ordered to repay the $6.7 Billion (yes, Billion with a B) that he made the bank lose. Read more about it here.
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