Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: During times of uncertainty in the stock market, billionaire Mark Cuban follows what he called the “No. 1 rule of investing”: “When you don’t know what to do, do nothing,” he said in 2016 on the Cyber Dust app.

Source: CNBC.com

Date: Mar 9, 2020

Link: https://www.cnbc.com/2020/03/09/mark-cubans-no-1-rule-of-investing-when-you-dont-know-what-to-do.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

Questions for discussion:

  • What does Mark Cuban say about investing?
  • What risk did he take by “selling everything”?
  • What was the benefit when he “sold everything”?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Despite some signs that younger generations aren’t as into alcohol as their parents, Canadians don’t appear to be drinking less overall, just less beer

Source: FinancialPost.com

Date: Mar 6, 2020

Link: https://business.financialpost.com/news/retail-marketing/are-we-really-drinking-less-or-why-white-claws-arrival-means-more-bad-news-for-brewers

Questions for discussion:

  • What is happening to beer and alcohol consumption in Canada?
  • What are the reasons for these changes?
  • What can the industry do?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Peter Diamandis and Steven Kotler make their case in a new book “The Future Is Faster Than You Think.”

Source: Fortune.com – video report

Date: Mar 6, 2020

Link: https://fortune.com/videos/watch/964fb3ae-5def-4d56-8e8c-56edbbb4de90?activePlaylistName=On%20Leading

Questions for discussion:

  • What are the highlights presented in this video report?
  • What does the message suggest about innovation, business development and investing?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: The other day I went into Costco to buy some toilet paper. It came as a small shock when I couldn’t find a single roll.

Source: Yahoo.Finance.com

Date: Mar 11, 2020

Link: https://www.yahoo.com/news/theres-plenty-toilet-paper-us-122309255.html

Questions for discussion:

  • What does the report say about human behavior and consumer products?
  • How should business people deal with this understanding?

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: A global disease outbreak isn’t the kind of risk that many investors were trained to react to.

Source: NYTimes.com

Date: Mar 6, 2020

Link: https://www.nytimes.com/2020/03/06/business/coronavirus-stock-market.html

Questions for discussion:

  • Why has the stock market fallen in recent weeks?
  • Why are investors uncertain about the future?
  • What do you think are likely scenarios over the next six to twelve months?

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: What a week for the U.S. stock market. In addition to plunging into a correction, defined as a decline of at least 10% from a recent high, the major benchmarks endured their worst week since the financial crisis.

Source: CNBC.com

Date: Feb 24, 2020

Link: https://grow.acorns.com/super-tuesday-market-sell-off-and-other-money-news-in-the-week-ahead/

Questions for discussion:

  • What does the article suggest is happening in the stock market and the reasons given?
  • Do you think this has been a “normal” correction? Explain your answer.
  • What would do about investing today?
  • What advice is presented in the article?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Grant Baldwin is a popular keynote speaker, entrepreneur, and speaking coach. He’s also the creator of the popular podcast, The Speaker Lab (which I’ve had the pleasure of being a guest on), and the online course Booked and Paid to Speak, through which he has trained thousands of speakers. He just published a new book, The Successful Speaker (along with Jeff Goins), where he has documented the exact system that helped him land over 400 paid speaking gigs across 46 different states over the last decade. Grant has been a good friend for many years, and this business of speaking is something that is near and dear to my heart. Regardless of whether or not you want to be a professional speaker, your ability to stand up (with confidence) in front of an audience and tell a commanding story is critical for every executive’s success. This book will help. Enjoy the conversation…

Source: SixPixels.com

Date: Mar 01, 2020

Link: https://www.sixpixels.com/articles/archives/grant-baldwin-on-how-to-be-a-successful-speaker-this-weeks-six-pixels-of-separation-podcast/

Questions for discussion:

  • What does Grant Baldwin say about communications and building a public speaking business in particular?
  • Develop a business plan outline that you could imagine yourself following including the topic of expertise and how you would go about finding audiences?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: The coronavirus outbreak is turning one luxury treat reserved for special occasions into a meal bargain hunters can afford.

Source: Bloomberg.com

Date: Mar 5, 2020

Link: https://www.bloomberg.com/news/articles/2020-03-05/virus-makes-luxe-lobsters-so-cheap-that-sellers-face-fatal-blow?srnd=premium-canada

Questions for discussion:

  • Explain the reasons for the drop off in business?
  • How can the industry deal with this problem?

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: For Zev Bernard, who sells baseball and softball equipment on Amazon, February tends to be one of the busiest times of the year, with athletes, coaches and fans gearing up for the new season. Opening day for Major League Baseball is in late March.

Source: CNBC.com – video report

Date: Feb 29, 2020

Link: https://www.cnbc.com/2020/02/29/amazon-sellers-scramble-to-keep-products-in-stock-amid-coronavirus.html

Questions for discussion:

  • How are supply chains affected and what impact is this having on business operations and profitability?
  • What can managers do about the problem?
  • Should supply chains be re-evaluated, as a result of recent experiences?
  • Do you think any will be changed?
  • Which businesses would benefit and which would be harmed if dramatic changes were made going forward?

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: As technology companies continue to look for areas of growth, Africa is emerging as an area of opportunity. And Big Tech has taken notice. Companies such as Twitter, Google and Microsoft are all attempting to establish a presence in fast-growing African economies. Twitter CEO and founder Jack Dorsey, who also runs mobile payment company Square, announced

Source: CNBC.com – video report

Date: Mar 6, 2020

Link: https://www.cnbc.com/video/2020/03/06/why-companies-like-microsoft-and-google-are-betting-big-on-africa.html

Questions for discussion:

  • What does the report say about economic development in Africa and the role played by foreign investment?
  • Why is infrastructure development so critical to that development?