Creating Value - Terrence Brown Creates Value

Fork It Over!...

In 1999 eBay’s website went down for 22 hours under the heavy transaction load. This was made worse as that eBay did not have its own in-house team to fix the site. eBay CEO Meg Whitman identified the best person for the job, Maynard Webb, then Gateway’s technical boss. Once she decided that he was the best she agreed to pay him an annual salary of $450,000 plus 500,000 options. Whitman was getting only $195,000 at...

What Is the Oldest Rule in Business?...

Simply this, Make a Profit, and more specifically a cash profit. It sounds obvious today; however, during uncertain economic cycles the old rules are push aside for new rules. But of course, when the time is right the old rules return to with a vengeance. However, the old rules are always good enough of the successful companies. Opportunistic organizations exist (only) to make profit (value) for the owners. This is the...

What is Winning Ugly?...

Most companies (and people) want to win looking good. Huh? For example, let’s assume that all the numbers work out and there is a tremendous business opportunity in the market – in the garbage disposal market. How many companies or people would jump at that opportunity or one equally as good in the septic tank installation, cleaning and maintenance business? The fact is that most business and people would...

The Principle of Masala...

The Principle of Masala is simply this: A diverse pool of talent, adds value and strength to the organization. Masala is a Hindi word for spice mixture. The mixture of spices is what adds that something extra to the dish. It is not just one or two spices but many. In addition, the flavors of the spices individually are much less tasty than the masala itself. Diversity is important in so many ways for the successful organization...