Monthly Archives: May 2009

Remembering sunk cost and opportunity cost on Memorial Day

Posted on May 27, 2009 by binnur

Nothing like a beautiful weekend and a cluttered garage to highlight the importance of understanding sunk costs and opportunity costs in a good decision making process. Head over to AskDong.com for a clear description on sunk cost and opportunity cost. At the same time, … Continue reading →

Posted in ROI, strategic planning | Leave a comment

Highlights from Japan

Posted on May 14, 2009 by binnur

We had a great visit to Japan. Kyoto was more beautiful than I remember, as cherry blossoms were everywhere. Tarkan (my 11-year-old son) and I had the opportunity to visit Osaka, Kyoto, Nara, Himeji, Hiroshima, Miyajima and Tokyo. I have … Continue reading →

Posted in entrepreneurship, personal | Leave a comment

From idea to business concept blueprint in five steps

Posted on May 5, 2009 by binnur

“An idea that is developed and put into action is more important than an idea that exists only as an idea.” –Buddha We all have ideas… They come out of nowhere: in the shower, while driving, over coffee, reading newspapers… … Continue reading →

Posted in creativity, entrepreneurship, leadership, strategy | Leave a comment