Timing, Team, Location and Sunk Costs

Timing, Team, Location and Sunk Costs

In his 2015 TED talk, Bill Gross, the founder of Idealab, looked at why start-ups succeed or fail. He looked at 200 companies, and concluded that, rather than the idea, the team, the business model or the funding, timing was the most important difference in success...
To a Healthy New Year

To a Healthy New Year

This is what we sent out on December 30th this year: “We hope 2020 will turn out to be a fantastic Year of the Rat for everybody; that you will all be scooting about hither and thither in prosperous endeavours.” Instead, all our hopes were fantastically...
Maximum ELT

Maximum ELT

A G D The change it had to come. Synchronous, asynchronous, blended, flipped, virtual, augmented. These terms have been around for a long time. People have learned online for a long time. For many years, before Covid, expensive schools told us face-to-face was better...
Illusory superiority

Illusory superiority

Lots of school owners say they run their schools to cater to the needs of their students. In a survey in 1981, 93% of U.S. drivers rated themselves as having above-average driving skills. This is obviously impossible. It demonstrates illusory superiority and shows how...
Drilling

Drilling

In 1960 in the article “Marketing Myopia” published by the Harvard Business Review, Ted Levitt wrote, “No one buys a quarter-inch drill bit because they need a quarter-inch drill bit. What they need is a quarter-inch hole. That’s what you should sell...