07/31/17

Accumulate Then Share

We strivers are Heaven bent on securing wealth and wisdom. No or yes?

Big Red Car here still under the glow of an excellent sermon yesterday at church. The sermon giver (not the regular guy) was dynamic and entertaining. He left me with a very good lesson — which is why I go to church in the first place, right?

So, here it is — in the game of life, there is nothing wrong with accumulating wealth, wisdom. We are supposed to do just that. With me so far?

What is also true is that we are supposed to share it thereafter. That’s it. All there is. Right there.

First, we accumulate wealth and wisdom.

Then, we share it with our families and the world.

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07/30/17

Chief of Staff — John F Kelly, Gen, USMC Retired — Hold On, Get Ready!

General John F Kelly, reporting for duty as the new White House Chief of Staff on Monday, 31 July 2017 and nothing will be the same thereafter. Semper Fi!

Big Red Car here on a scorching Texas day with the temp set at 104F. Ahhh, on Earth as it is in Texas. Taking a break from floating in the pool to discuss the implications of the naming of John F Kelly as the new White House Chief of Staff.

It is a brilliant pick for a number of reasons which civilians don’t understand. Let a Big Red Car ‘splain it to y’all. Listen up, Chowderheads (Kelly is an Irish Catholic from Boston, hence the “chowderheads” sobriquet.)

So, this General Kelly was a United States Marine for more than forty years. It is through that training, education, and leadership experience that he is so ably appointed to the position of CoS to the POTUS.

This is a guy with skin in the game. His son, a Marine Lieutenant, was killed in Afghanistan while on patrol.

General Kelly had to tell his wife, Karen Hernest, that their son was killed in Afghanistan. He describes it as the hardest thing he has ever done.

His son, Robert, stepped on a landmine during a third combat tour in Afghanistan fighting the Taliban in Sangin, scene of some the toughest fighting in the war. He was a platoon commander with Lima Company, 3/5th Marines. General Kelly has another son who is a Marine Major.

The Marine Corps is the family business in the Kelly family. Their daughter works for the American Red Cross.

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07/28/17

Startup ideas — where do they come from?

Startup ideas, Big Red Car? Huh?

Big Red Car here on a sunny Texas day. On Earth as it is in Texas and it’s going to be 105F today, y’all. Hell, that’s not even hot anymore, is it? Hey, Mother Nature, bring it. Take your best shot.

The Big Red car will be taking some quiet pool time this afternoon.

So where do business ideas come from, you ask? [I know you didn’t ask, but I have to bang out a blog post, so go along with it, please?]

Every startup has to come up with a hypothesis to justify their existence. How does one do that?

Today, the Big Red Car works its mojo with you and helps ‘splain a framework for you to think about.

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07/26/17

Training — Baron von Steuben Style for CEOs

Training again, Big Red Car? Really?

OK, dear reader, we will have one last crack at training for the CEO. Promise.

Today, we discuss Baron von Steuben. You know the Baron, right? Drillmaster of Valley Forge, no?

Get this book by Paul Lockhart. Great read. Been around for some time and it is a great book to inspire a CEO.

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07/24/17

Illegal Immigration — Action Trumps Words

Want to talk illegal immigration with the Big Red Car? Sure, why not?

Big Red Car here awaiting the rains. It is supposed to rain today, but who really knows? We love rain in Texas! On Earth as it is in Texas!

So, the Big Red Car is focused on actual policy decisions by the Trump administration rather than the latest twenty minute meeting between Jared or Don or Ivanka or Eric or Paul and somebody at the Russian Tea Room.

What the Big Red Car likes is the impact of the bully pulpit and policy on illegal immigration.

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07/23/17

Russia — The Bear Who Shat in the Woods?

Russia, the Big Red Car is talking Russia today. Let me bottom line it, Russia is a punk.

Let me tell you why.

US GDP $17,947,000,000,000 — $18 TRILLION.

European Union GDP $16,220,000,000,000 — $16 TRILLION.

Russian GDP $1,324,000,000,000 — $1.3 TRILLION.

Italy GDP $1,815,757,000,000 — $1.8 TRILLION.

As you can see, the US and the EU (a fair approximation for NATO) has a GDP of $34 TRILLION v $1.3 TRILLION for Russia.

Hell, Italy is bigger than Russia!

Hello, world, you getting this? Russia is tiny when compared to the West. Hello, America!

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07/23/17

Training — like the Rangers, training for the startup

Training table for the Big Red Car today — looking forward to a nice steak with a 10W40 mushroom sauce. ¬†We are talking training today for both the Rangers and the startup.

So, in the continuum of crawl, walk, run — somewhere about the walk to run transformation, the startup should start thinking about training.

If you look at this picture of these sharp Rangers, the difference between them and the rest of the straight leg Army is the quality of their training. They train to their mission.

U.S. Army Rangers with the 75th Ranger Regiment make up the “honor platoon” in a funeral procession to the gravesite of Gen. (retired) Wayne A. Downing during his internment service at West Point, NY, Sept. 27, 2007.

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07/21/17

Risk — A Four Letter Word, CEO Shoptalk

Today, we talk RISK, y’all. It is a four letter word and it can be profane, if you let it.

Big Red Car here on a sunny, Texas day which will give rise to a 103F temperature during which the BRC will be hanging in the pool, floating.

OK, so today we talk about risk. Risk is what drives startups. When you overcome a risk, you wander into the Winner’s Circle and collect your winnings at the mythical PAYWINDOW.

But, what is risk? Risk is different to different people. If you are a green, first time founder/CEO, then everything is risky after you have tied your shoes (the reason why new CEOs should wear slip-ons).

If you are a fifth time, serial entrepreneur, then your view of risk is different.

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07/19/17

Policy v Personality Trump

Policy v personality? Huh, Big Red Car?

Big Red Car here in the dark awaiting the sun’s rising. Going to be a great day in the ATX — on Earth as it is in Texas, y’all!

So, the other day, the Big Red Car is reading a blog, CONTINUATIONS, which asks the question — “I am genuinely curious whether there is anyone attempting a cogent defense of the record so far.”

The author of that statement is one Albert Wenger. He is a partner of Union Square Ventures, an experienced venture capitalist, and a successful entrepreneur in his own right.

He is also a Trump hater and a Manhattan liberal. Still, he is smart as Hell and broad minded enough to have asked the question. A poorly educated chap (Harvard College econ and computer science degrees plus MIT PhD in liberal info tech — just kidding about the “liberal” part), he cannot get beyond the Manhattan elitist Trump syndrome, so I am here to assist him.

Today, the Big Red car will provide that defense — a cogent defense of the Trump record.

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07/17/17

Blue Apron — Stormy Waters Ahead

Big Red Car here with his Blue Apron on. Haha, that’s a joke y’all, just like everything else about Blue Apron.

If you don’t know about Blue Apron, a meal kit delivery company which just went public, let the Big Red Car ‘splain it to y’all.

Blue Apron went public on the NYSE recently at $10/share having been “underwritten” by Goldman Sachs, Citigrope (haha), Morgan Stanley, and Barclays as the leads. It sold 30MM share and raised $300MM.

Yesterday, it was revealed that Amazon (recent offerer for Whole Foods) registered the trademark: “We do the prep. You be the chef.”

The filing said that Amazon would be preparing food kits for cooking and assembly as a meal. OK, so you recognize that, right? That’s Food Aprons core competency.

The Illuminati read this to mean Amazon/Whole Foods is going after Blue Apron and others in the meal kit delivery business. Just to be clear Blue Apron is the largest in the business followed by HelloFresh (German company). But, Amazon/Whole Foods has an incredible installed base, complete command of the order/delivery business, and an incredibly well focused existing customer base. Plus, Whole Paycheck is already a huge volume buyer of … wait for it … FOOD.

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