Thursday, February 25, 2021

Life Isn't Pass or Fail

In school, we learn to pass or fail our courses. 

But, in real life, there is no pass or fail.  It's "pass or iterate".

You only fail if you give up.  If you don't succeed, then analyze, pivot and try again.


© 2021 Praveen Puri

Praveen Puri helps software companies achieve Strategic Simplicity®. Less frustration, failure work, and a higher success rate for innovation. Please visit PuriConsulting.com.

Wednesday, February 3, 2021

Minimum Wage

Regarding the minimum wage: Instead of fighting to change it every few years to an arbitrary amount, they should peg it to welfare. Have it automatically reset each year to something like "the rate where a single parent with 2 kids working 35 hours/week would not qualify for welfare." Because why should we subsidize companies where their workers have to collect welfare to make ends meet?


© 2020 Praveen Puri

Praveen Puri helps software companies achieve Strategic Simplicity®. Less frustration, failure work, and a higher success rate for innovation. Please visit PuriConsulting.com.

Thursday, December 3, 2020

Restaurant Openings During Covid

We all hear bad news about restaurants these days.

But, according to an article in "Crain's Chicago Business", an average of 12-15 new restaurants are still opening each week in the Chicago area.

That shows that life goes on, and entrepreneurs are brave and willing to take prudent risks for their dreams.


© 2020 Praveen Puri

Praveen Puri helps clients weaponize Strategic Simplicity® for market domination. Please visit PuriConsulting.com.

Sunday, November 1, 2020

Strategic Simplicity® For Innovative Customer Service

Chip Bell is a big advocate for innovative customer service.  He gives some examples in his recent Forbes article (https://www.forbes.com/sites/chipbell/2020/11/01/are-you-using-a-boy-or-girl-cup/?sh=44667a7c2652)

Three of the examples are also good examples of Strategic Simplicity®:

1. The Tampa Airport having a "pull over GPS" parking area when exiting the concrete rental car garage (which blocks signals) so that drivers can enter their destinations into their smart phones.

2. Arby's having pre-printed wrappers with the name of the food item on it.  This is an example of both customer simplicity and operational simplicity, because it helps out both customers and employees to know which item is wich without having to unwrap them.

3. An airport newsstand selling pain reliever, which contains a foldable, disposable cup to hold water for swallowing.


© 2020 Praveen Puri

Praveen Puri helps clients weaponize Strategic Simplicity® for market domination. Please visit PuriConsulting.com.

Wednesday, October 28, 2020

Endless Zoom Meetings




Some online meetings just drag on and on...   Happy Halloween 2020!

© 2020 Praveen Puri

Praveen Puri helps clients weaponize Strategic Simplicity® for market domination. Please visit PuriConsulting.com.

Tuesday, October 27, 2020

Praveen's Stepping Stone Model





Big, audacious goals and complex projects can seem overwhelming, cause procrastination, and trigger resistance.

The key is that, while we want to dream big, we can implement small (and iterate).

Projects and initiatives can be broken down into phases and chunks (which can be further broken down into micro projects).

The advantages of stringing together stepping stones are: quick wins, less paralysis, and more flexibility to pivot (which is important into today's rapidly changing environment).

© 2020 Praveen Puri

Praveen Puri helps clients weaponize Strategic Simplicity® for market domination. Please visit PuriConsulting.com.

Monday, October 26, 2020

"Stock Trading Riches" Return Through 2019

It's now been 15 years since I've invested my portfolio according to the system in my book Stock Trading Riches.

Here is the cumulative 15-year return (Source for S&P500 returns):

Year, Me, S&P 500  

2005, 13%, 4.91%  

2006, 14%, 15.79%  

2007, 22%, 5.49%  

2008, (40%), (37%)  

2009, 44%, 26.46%  

2010, 22%, 15.06%  

2011, (5%), 2.11%  

2012, 13.3%, 16%  

2013, 23%, 32.39%  

2014, 13%, 13.69%  

2015, 1.49%, 1.38%  

2016, 20.88%, 11.96%  

2017, 26%, 21.83% 

2018, 8.31%, (4.38%)

2019, 30.31%, 31.49%


My portfolio had a cumulative 15 year return of +438% vs. +261% for the S&P 500.  
That translates into a 15 year average annual return of 10.35% vs. 6.61% 

© 2020 Praveen Puri