My Letter To Babson, Class of 2011

We all got here today in our own unique ways. Before Babson, I had no idea as to what a balance sheet was. I worked as a graphic artist. I created posters, illustrations and letterheads for a living, and I loved it.

Yet, despite my love for the creative arts, I got fed up being poor and unrecognized as an artist, so I came to Babson to live the glamorous life of an undervalued, underpaid, and underfunded entrepreneur. And one of the most important things I’ve learned here was how different disciplines are often interconnected.

It turns out both of my passions are no different – entrepreneurs and artists have quite a lot in common. I believe there are many lessons entrepreneurs can learn from artists and vice versa.

So, what do entrepreneurs and artists have in common?

For starters, artists and entrepreneurs both — love – being — miserable. The rewards are smaller, the hours are longer, and most of what we make is terrible. Our prime motivators are being behind on bills, not having seen our friends in weeks, unpredictability and stress. And the only way we can tell if we’ve accomplished anything is when other people tell us how bad it is…

Yet, every morning, we get up and we do our work because this is what we love.

We love the late-night epiphanies fueled by sleep deprivation. We love being forced to think creatively and on our feet. And when we get rejected – which we all invariably will – we come up with ten new ways to get rejected again. Misery loves company, and that company is full of poets, painters and entrepreneurs.

Now, part of why artists and entrepreneurs love their craft is because they are journeys of self-discovery. Entrepreneurship, like art, is the entrepreneur’s interpretation of the world around them, packaged and presented to the world. It’s intensely personal – our most genuine and honest work. It requires us to understand ourselves intimately, or risk being seen as frauds. It separates the amateurs from the professionals. It’s unyielding and uncompromising, and we will have it no other way.

But finally, and most importantly, entrepreneurs and artists have a shared desire to innovate. As the true artist knows that there can only be one Picasso, the true entrepreneur knows that making the next Facebook adds nothing new to the world. Artists and entrepreneurs are similar because we have an inexplicable, intense spark within us to create something from nothing. We know we will be miserable. And we know that we will be judged and criticized. Yet… we do it because we all want to make our mark in human history.

So to everyone, I’d like to propose a challenge: Let’s all become true artists and entrepreneurs. Let’s all rid ourselves of preconceived notions about what we should do or what we can be. And let’s all dare to be different.

Let’s not be the next, or be the best – let’s be the FIRST, let’s be the ONLY. Why would you want to be the next Bill Gates or Warren Buffet when you can be the very first YOU?

The world is your canvas, and you should paint it any way you want. Go out and do it, whatever it is.

Create A New Space

I love it when companies change business models. The planning, the rollout, and watching how the industry reacts to these decisions is one of the most exciting aspects of business. If you haven’t heard, T-Mobile and WalMart just re-announced their new BFF relationship, giving unlimited talk, text and data for $45 a month.

The past few years have been an interesting one for the wireiess industry. For years, Verizon was the 800 lb gorilla. While their phones were nothing to write home about, this is the company you wanted if you wanted the best reception. You may recall the “can you hear me now?” campaign of a few years back.

ATT tried to counteract by providing a larger array of handsets and the rollover minutes fad, but they took a big leap forward when they scored the exclusive contract with Apple’s iPhone. This helped them surpass Verizon in a lot of ways in the mind of the consumer. Many consumers who were not willing to give up their cellular coverage before were now giving it up, and paying an extra $10 for data to boot. AT&T became very profitable despite rumblings of heavy payouts to the fruit company.

When Verizon and Sprint recently announced iPhones for their product lineup, the game had changed. A lot of customers were leaving AT&T again. There were new entrants to the field such as Android and Windows Phone. It’s not hard to see that perhaps Verizon taking back its crown as “best” wireless provider.

T-Mobile, flush with about $4 billion in cash from the failed AT&T merger deal is taking a different approach. They are letting AT&T and Verizon spend the big bucks to fight each other. Instead, they are lowering their prices. They know they can’t compete with the big boys directly, so they created this little niche between the big players and the up-and-comers like MetroPCS.

T-Mobile is not interested in having the iPhone (at least not bad enough to pay for it). They are interested in becoming a value player, and teaming up with a brand known for low prices couldn’t hurt. Especially when they are addressing the major complaints about the big two – high prices, long-term contracts, and less than stellar customer service.

It’ll be interesting to see what you do with that $4 bil, T-Mobile.

starting over…

over the years, this site has been used for a lot of different things. i’ve decided to ring in the year 2012, i’m going to use this site as more of a personal space – a place where i can discuss all things that are central and even tertiary to my life.

currently, i’m on a modified 4 hour body diet. if you don’t know what that is, let me give you the rundown:

1. no white foods (sugar, dairy, flour, etc)
2. eat within an hour of getting up
3. lots of proteins every meal, at least 1/3 (by weight)
4. supplement this diet with PAGG (policosanol, alpha lipoic, green tea [ecgc] and garlic.
5. one mandatory binge day.

but i’m not here to tell you about what i’m not eating; i’m more interested in what i’m going to eat on my mandatory binge day.

it all *starts* with sourdough starter.

add 20g (4% of flour weight) of cocoa powder…