…The truth hurts so please don’t rub it in
I’m not signed yet, so I’m still budgeting
I’m like jeopardy-I’m still buzzing in…
Drake ♦ The Presentation
Takeaway 142: If the deal is not signed, you should still be doing due diligence, i.e., answering the hard jeopardy questions. Ask Bank of America/Ken Lewis and John Thain.
New metric — expected possession value – EPV. Because life is on a continuum….
“Within the context of the blindness, it was like there were two possible views of life: Either life was horrible and tragic or life was extremely brutal, but you had to embrace it—you had to be in the game. We chose the Hip Hop way; we chose the latter.”
BPM likes @ozy Drummond on Drummond…
…first of the month #168
“Wake up, wake up, wake up, it’s the first of the month,” … “To get up, get up, get up, so cash your checks and get up.”
Takeaway #168: This denotes a bygone era now that those payments are electronic –the seamless world electronic commerce has arrived. Indeed enterprise management has proceeded in this fashion. Will micropayments and interchange fees be the future or death of your enterprise? In an era of transfer payments, how does your margin change based on fluid due dates and no mailing costs or breakage? 30 day acceleration of flows, factoring and receivable facilities create new opportunities.
…saluting the culture through Ed Piskor’s eyes