Why do we chase after bad ideas and poor business choices, when failure is imminent? Is it our ego, or our need to save face? Why throw good money after bad money? I think it is better to take ownership of our mistakes, learn to lose fast, and … [Read more...]
From the Archives — October 2014
The Ostrich Approach (originally posted October 28, 2014 http://www.5oclockreflections.com/the-ostrich-approach/) We tend to treat anecdotal evidence as research. We reach out to those that know us well, those that will give us the answers … [Read more...]
Organic Chem 101
"They speak a different language, Dad," was my son Rohan's take on his Organic Chemistry class in college. He was noticeably concerned about the difficult subject matter, because he had not missed a single class, and spent numerous hours in the … [Read more...]
From the Archives — September 2014
Encourage Feedback (originally posted September 24, 2014 http://www.5oclockreflections.com/encourage-feedback/) When our customers complain, we turn the other way and call them ignorant or, worst still, idiots. In reality, most customers … [Read more...]