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November 24, 2018

Business – Solving Problems & Creating Opportunities

By Andy Jones
In Entrepreneurship, Ideas
November 24, 2018
24November

All good business ideas must create something that people want. That is, there must be demand for what you intend to do. For this, your business concept must either: Solve a problem that customers are willing to pay to solve.Reduce the cost of a process or productIncrease the efficiency of a process by reducing the time or expense to make a product or to provide a service Create an opportunity...

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November 23, 2018

Your Business Idea

By Andy Jones
In Entrepreneurship, Ideas
November 23, 2018
23November

Just as my experience with PEI was the culmination of applying an interest in databases with my experience in finance, Your best ideas will likely come from your area of expertise. This is where you have the greatest chance of executing successfully. From within your area of expertise, your idea will either be a product/service/tool you wish you had, or it will be a more efficient way/process of...

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November 23, 2018

Bear Endings

By Andy Jones
In Background
November 23, 2018

May 2002. London. After only 13 months with Bear Stearns, my desk phone rang. It was the corner office. The Assistant was calling to tell me that “Jeremy would like to meet with you in the conference room.”. Just minutes before, even though we all knew layoffs were on-going, I had been helping a more junior Analyst named Allen work through a financial model. Although work had all but ceased on...

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November 22, 2018

The Farm to Bear

By Andy Jones
In Background
November 22, 2018
22November

I worked on the 44th floor in the tallest building in London as an investment banker for the now-defunct Bear Stearns. It was 2001. I was 29 and making money in excess of my contribution, feeling like I was on my way to professional and financial success. Not as a Master of the Universe, but to an early retirement. Although the hours at Bear Stearns were long, the work was engaging, and the...

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November 21, 2018

Entrepreneur vs Employee

By Andy Jones
In Entrepreneurship
November 21, 2018
21November

Employees Employees sacrifice personal freedom and upside potential for more predictable income – or at least a mirage of it. The employee must balance this internal desire for stability and a slow-but-generally-upward career progression against the nagging what-if questions we ask ourselves as we begin to see life in the rear-view mirror and evaluate the decisions of our youth. What if I had...

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