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How Much Good is that Non-Profit Doing?

How does a non-profit measure its effectiveness? For-profit organizations can look at standard financial metrics: revenues, profits, return on equity, and so forth. But for most non-profit organizations, financial metrics are a means to an end, not the end itself....

You Know You Are An Entrepreneur When?

A few years ago I met a venture capitalist who tried to impress me with his entrepreneurial credentials. “I’ve always been an entrepreneur!” he proclaimed. “After I graduated I immediately joined a little startup, named Yahoo!” He looked...

Three Essentials for Healthy Entrepreneurship

A few weeks ago I was meeting with a woman at Stanford. She is a Visiting Scholar, from Kyushu University where she studies innovation in the Japanese automotive and semiconductor industries. Over coffee at Bytes, she shared with me her model of innovation. In it,...

Binary Joke

I recently saw this on a T-Shirt, and it made me smile: There are 10 types of people in the world: those who understand binary, and those who do not.