A historical collection of our writing.
Fred WilsonA lot of the discussion about last week’s MBA Mondays post on Outsourcing was about the differences between outsourcing locally and outsourcing outside your home country. A popular term for the latter approach is offshoring. The advent of modern electronic communications has allowed companies to […] Read more (opens AVC in a new tab)
Fred WilsonA reader suggested this topic for MBA Mondays. It is a good one. When a customer commits to spend money with your company, that is a “booking”. A booking is often tied to some form of contract between your company and the customer. The contract can be simple or very complicated. And some bookings do […] Read more (opens AVC in a new tab)
Fred WilsonToday on MBA Mondays we are going to talk about another form of costs; Sunk Costs. Sunk Costs are time and money (and other resources) you have already spent on a project, investment, or some other effort. They have been sunk into the effort and most likely you cannot get them back. The important […] Read more (opens AVC in a new tab)
Fred WilsonWe are going to turn our attention on MBA Mondays to some costs that are important to recognize in business. First up is Opportunity Cost. Opportunity Cost is the cost of not being able to do something because you are doing something else. These costs don’t end up on your income statement but they […] Read more (opens AVC in a new tab)
Fred WilsonIn last week's MBA Mondays, I introduced the topic that we'll be focused on for the next month or so; projections, budgeting, and forecasting. In that post, I described projecting as a "what if" exercise that is done at a higher level of abstraction than the budgeting and forecasting exercises. I […] Read more (opens AVC in a new tab)
Fred WilsonI want to tackle the issue of forecasting and projections next in the MBA Mondays series but I don't yet have an outline in my head of how I am going to approach this critical subject. So I am taking a breather this week and instead will tell a story I heard from a marketing […] Read more (opens AVC in a new tab)
