The Laws of Attraction, Referrals and Tasty Lemonade

[/caption] I asked. “Just get one” he said, “you won’t be sorry”. Without his realizing it, he was demonstrating a second important law of doing business. Referrals are one of the best ways to build business and his recommendation kept hanging onto me until I had no option except to find out about it. I asked Alan about Del’s and he told me that they were icy lemonade concoction and are located all over Rhode Island. This family business has...

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Stress Tests or Resilience Tests

stress testing their nuclear power plants after the Fukishima disaster after the tsunami in Japan. German financial regulators are angered over the failure of the European Central Bank to adequately stress test financial institutions regarding their Tier 1 capital holdings, apparently the key metric to a bank’s financial stability. And medical science is stress testing our biological systems and (surprise?)…exercise helps men with Type 2 diabetes and sleep apnea. Stress testing describes the stability of a system and requires an...

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How Reliable Are You?

Of course, tech companies have multiple back-ups,mirrored sites, and using other computing systems to provide discrete services such as storage back-up. Perhaps most interesting is how Netflix relies on what they call a “Rambo Architecture” that forces part of their system to modify in case there is a failure in another part. For example, if there a failure in the part of their system that provides customized recommendations for viewers,rather than shutting down that whole program, the Netflix system will...

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Be it resolved..

A recent study I saw compared the difference between people who had set goals for themselves and told someone else and a group of folks who set goals for themselves and did not tell anyone. Now, conventional wisdom would tell us that by telling someone that we are committed to a goal, we should have the kind of motivation that would help us through the task. But the researchers found that those people who did not tell anyone about their...

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Routines that Automate

What make  computers powerful and ubiquitous is their ability to automate easy (and eventually complex) tasks. When I was watching Apollo 13 the other night, I saw the NASA engineers checking the calculations of Astronaut Jim Lovell using their slide rules. Slide rules and other such devices are mechanical in nature but soon calculators and now our smart phones easily automate calculations as simple as addition or as complex as amortization tables. What would happen if we began to apply...

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