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Archive for Inspirational

The Grasshoper and the Ant

-attributed to Aesop

In a field one summer’s day a Grasshopper was hopping about, chirping and singing to its heart’s content.  An Ant walked by, grunting as he carried a plump kernel of corn.

“Where are you off to with that heavy thing?” asked the Grasshopper.

Without stopping, the Ant replied, “To our ant hill.  This is the third kernel I’ve delivered today.”

“Why not come and sing with me,” said the Grasshopper, “instead of working so hard?” “I am helping to store food for the winter,” said the Ant, “and think you should do the same.” 

“Why bother about winter?” said the Grasshopper; “we have plenty of food right now.” 


But the Ant went on its way and continued its work.

The weather soon turned cold.  All the food lying in the field was covered with a thick white blanket of snow that even the grasshopper could not dig through.  Soon the Grasshopper found itself dying of hunger.

He staggered to the ants’ hill and saw them handing out corn from the stores they had collected in the summer.

Moral of the story:

 “Idleness brings want”


Tenacity vs Intellect: What Makes an Entrepreneur?

via ForaTV

As I read  and watch videos about successful entrepreneurs, this same question pops up in my head. Was the cause of this persons success due more to to this person being an egghead, or them being passionate and driven? Leonard Brody eloquently answers this question by intelligence is a commodity- you hire smart people- but passion is the driving force. When I look at the Forbes Richest people list many of them were college drop outs and some never finished high school. I have no doubt this these people aren’t all intelligent, their success was due more to the fact that they had a passion  to succeed or fear of failure.

There’s a good article on Street Capitalist which underscores this point. The author writes about Warren Buffet talking about Rose Blumkin who had a grade school education but was able to turn her investment of $500 into the biggest furniture store in North America.

President Obama’s Commencement Speach @ Michigan

Micheal Pritchard Turns Filthy Water into Drinkable Water

Dan Senor, Author of Startup Nation on CNBC [video]

Dan Senor, the author of Startup Nation: The Story of Israel’s Economic Miracle discusses key factors on why Israel is one of the fastest growing and most innovative economies on the planet despite being in a constant state of war.

Many countries could gain alot by studying Israel’s example and utilizing some of it’s policies- especially developing countries.

Mom Feeds Family on $4 a Week Using Coupons

via abc news

Kathy Spencer spends a couple of hours every week scanning newspapers, circulars and the Web.

Tip 1: Check Your Store’s Policy, See If You Can Use Multiple Coupons on the Same Order

Tip 2: Stockpile Store Credits

Tip 3: Ask Store About Doubled Coupons

Tip 4: Combine Store and Manufacturer Coupons

PBS- The Market Maker: Eleni Gabre Madhin Creates First Commodity Market in Ethiopia [Full Episode]


While in college future economist Eleni Gabre-Madhin  watched the famine in her home country Ethiopia, where about a million people died of starvation. The most messed up part about it was that in the northern part of the country there was a surplus of food which was thrown away.

In the video we get to watch her as she goes back to Ethiopia to set up a commodity exchange so that Ethiopian farmers get access to the market all across Ethiopia- and with enough time, the world. This is an amazing documentary (and the only one I know of) showing a person developing a national commodities exchange from scratch.

If you want to see the whole video in full screen, go here: