Adrie Reinders: Cash is King

October 11, 2008 by Bill Sobel · Leave a Comment 

My friend and colleague Adrie Reinders has the uncanny ability to write it exactly as he sees it…and more of then than not he is right on target. I found his blog post on E.Factor especially timely.

As a board member of many start-ups, I have had to deal with numerous situations where cash flow is not sufficient. It can be very painful to really grasp the issue and make significant changes but it is absolutely necessary to do just that in situations such as we are all experiencing right now. Read more

My Info Center for the Economic Crisis

October 8, 2008 by Bill Sobel · Leave a Comment 

In case you are interested, I just spent the past few days in Albany…doing my “once a semester” teaching thing in Prof. Martin Fogelman’s class “ Behavioral Foundations of Management” among other things.

Since I drive up and down I find the radio becomes my  best friend and while I usually listen to NPR (WAMC or WNYC) or WCBS 880, these past few days I have been totally fixated on Bloomberg Radio 1130 for so many reasons.

For those of you unfamiliar, NYC Mayor Michael R. Bloomberg’s founding vision in 1981 was to create an information-services, news and media company that provides business and financial professionals with the tools and data they need on a single, all-inclusive platform. The success of Bloomberg L.P. is due to the constant innovation of our products, unrivaled dedication to customer service and the unique way in which we constantly adapt to an ever-changing marketplace. Read more