My weekend essentially involved reading the various profit models that Adrian Slywotzky had put forth in his best selling book. It clearly mentions that not more than one model needs to be digested in a week. What is Local leadership profit ? This involves firms taking up strategies that clearly leverage the leadership position at the regional level and then scale up in a tactical way. A few examples to kick off the understanding are walmart, starbucks who started in a small location, built up the leadership at each of their respective locations and then used it as a weapon to expand to other locations.

MetroNaps , a Purple cow : An Indian has come up with this innovative idea of having nap machines to take short naps at busy locations like airports. Pricing : $14 for 20 minutes.

Price gouging is the raising of prices 1) far above one’s costs and far above competitors prices, 2) far above what many people think is just, 3) during a human crisis. I disagree with those that state that PG is a non-concept. It is an intentionally vague and deceptive, morally abstruse, and economically harmful concept, but for those very reasons, it must be taken seriously.

“The combination of curiosity and lead time can convert any chore in to a delightful exploratory puzzle. Puzzles solved have far more penetraction and staying power than chores completed” - Adrian Slywotzy

Via Emergic : Being a successful entrepreneur is tricky. You have to live with having control and not having control at the same time. It’s like this: In big business, when you need to cross a river, you simply design a bridge, build it, and march right across. But in a small venture, you must climb the rocks. You don’tknow where each step will take you, but you do know the generaldirection you are moving in.