Business

Organic Technology The general public widely knows the concept of negative externalities in the broader scope of capitalism; a great example is a factory that sells products but emits black soot into the air, hurting people’s health in their neighborhoods. A negative externality is a cost to a third party from consuming a product. One example is the recent case of PCB, or polychlorinated biphenyl, pollution by Monsanto in Anniston, Alabama, beginning in 1929.

Disruption is always easy to spot in hindsight. How did paying one million dollars for a taxi medallion make sense as a mechanism to facilitate public taxi service? File:CALIFORNIA, SAN FRANCISCO 1996 -TAXI MEDALLION SUPPLEMENTAL LICENSEPLATE - Flickr - woody1778a.jpg What were the problems that companies like Lyft and Uber solved? Lower price Push vs. Pull (Driver comes to you) Predictable service Habit building feedback loop Async by design Digital vs analog Non-linear workflow Current State of Higher Education That Will Be Disrupted A similar disruption is underway with education.

We live in a new era. It is possible to start a business with a laptop and an internet connection. As a long time consultant and entrepreneur, I have come up with a framework that works for me. When evaluating who to work with and what project to work on, I think of PPEAR or “pear”. P(Passive) P(Positive) E(Exponential) A(Autonomy) R(Rule of 25%) Passive Does this action lead to passive income: books, products, investments?