SallieMae seems to be one of the common shared experiences from our young adult years. Outside of credit card debt, we all seem to add up over $100K worth of student loans to pay off the education for the degree we stopped using 3 jobs ago. How ironic is it that we all make these massive financial decisions without a hesitation or question of the value. We all agree that an education is critical and so important to our future, but that degree in language arts, political science, or greek mythology is absolutely worth that $25K extra we failed that class from over drinking at Alpha Omega Fraternity. SallieMae is the morning wake up call we needed to complete a final term paper. SallieMae seems to create a glow or a shadow around financial future, as it is always the last bill paid off, and the first one we created. I encourage people to mentor, guide, and coach young adults during these preliminary years of financial education. I know now I am going to give my kids the same mentoring that many Europeans students are encouraged to do, “Leap Year.” Leap year is a year between high school and college, a year to explore and define your future with experience and adventure. SallieMae is the second largest purchase we make but the fasted choice we sign on the dotten line for.
Facebook has been operating for a fraction of a section in the history of business, but amazingly it because the power house of the world media market. Now the more facinating aspect of this business tale is the reflection Facebook has had on our world of social identity. We are a world starving for social connective’s that we would rather go hungry than miss the chance to update our status update, or see whom has friended us today. On a truly introspective level we have moved from being geeks to social psychologist. We suddenly are all psychologist, we are all suddenly relationship experts, we all want to know whom is doing well. The social psychology of being “better” than others gives us a competitive superiority compex that draws us farther in. Is it our nature to want bad things for others and Facebook gives us a window into the lives of others failures?
Amazingly we are now able to become the masters of our own social domain, we can create a social world that we can all control. We can build a facebook of our own, allow anyone in we want, and we can determine the means of how it makes money. Yes Mr. Zuckerberg watch out because the minions of the micro social networks industry are going to take community to a real level. I do not know how Facebook i a community anymore. ITs a billion
Business pornography is when you over-expose the “details” of your private parts that run your business. It means that you dont know what to just plan SHUT UP and leave the comments about your business to yourself. There is NO DAM GOOD reason Sussie from the design department needs to know how the company is running itself. There is no reason staff members should know whom the boss is dating or have personal relations with. There is no reason the staff should reveal their weekend escapades to clients. Clients have an amazing ability to take gossip and run it into the ground.
My advice, SHUT UP, learn to be a rich man or women without the world know how you do it. Its wonderful to hopefully mentor and guide your team but their job does not include know your hungover on a Friday morning after you went out with clients and got hammered. Business pornography is a sorted way of distributing your personal business in some means of improving your “cool” factor but risking your business over all. I have put myself in too many business “center-folds” situations that have show the world my disasters. The best thing to do, hire people who are brilliant but would never spend social time with.
Surrounding yourself with brilliant people to avoid that you dont fit in, tends to one of the few ways I have notied changed in industries. Being noticed without being too forceful requires a finness that even I have failed at a few times. Business development is the careful calculation of manipulation in the best sense and engenius creative strategic implemenation.
Facebook is joining forces with Code.org to inspire education into coding into the high school classes in the U.S. and I think its amazing. Its inspiring to feel a sense of connection to the minds behind our digital worlds. It also look so amazing to see Bill Gates look like a god father of computer science, he seems a lot less intimidating or seems a lot more humble. Its amazing what happens when you slow down and someone surpasses you and you all you can do is witness their rise.
Entrepreneur’s are extrodinary people. They are required to be the best at everything in order to accomplish the dreams that cannot seem to escape. It is wild to think that having an idea, means you must understand the exact nature of running a company. One would assume to go quite mad trying to prove he can master everything while hoping really accomplish one.
When i started the original LOUDBUS, I was foolish. I knew less about business than I lead everyone to believe. The biggest flaw I learned about myself was that I hoped everyone would assume the best of me when I tried to believe in my own idea and dreams. What I learned is that you must be ready for the reality that people need explainations for mistakes, because in their eyes, a mistake in business is not seen as a mistake, it is seen as a act of malice.
As an entrepreneur, I learned how important it is to be a leader, to think from the perspective of whom you lead. I watched my little company get swallowed by gossip, rumor, and horrible mistakes made.
I am a person whom had to watch, observe,learn, and swallow my own pride when I made the biggest mistake of my company.
For the staff of the past that was damaged by LOUDBUS mistakes and my own, I forever will own my own debt.
David Antoni Bussiere