Monthly Archives: November 2014

The World Needs More Social Entrepreneurs

It’s easy to give people/countries large sums of money and say “go solve your problems”, but it’s another thing to show the person/country what to do with the money. And this is why even if the UN were fully funded social enterprise would still be needed. Taking the Arc initiative as an example, in the reading about Arielle Uwonkunda and starting up the Arc in Rwanda, she says that “after being given money, [enterprises] don’t have sufficient knowledge to utilize it efficiently.” That statement essentially explains why the world will always need people that are motivated not only by profits, but also by the triple bottom line. Money doesn’t tell you how to create a business, or how to be sustainable, while people that care (social enterprises) do. Furthermore, through creating a stream of knowledge, resources can be used more efficiently, and the individuals helped through social enterprise can go on to “pay it forward” to others.

As the age old adage goes, it’s far better to teach a man how to fish, then to give the man a fish. Initiatives such as the Arc teach people the skills they need to succeed while also going above and beyond just simply sending funds. Lastly, I believe that money is a non-renewable resource, while knowledge and ideas last forever. Social enterprise fosters this belief and illustrates why knowledge, not cash, is the most important source of “capital” in the world.

Social Enterprise Tree

Social Enterprise Tree

 

Picture Reference: http://umip.com/wp-content/uploads/2013/01/Social-Enterprise-Tree.jpg

External Blog: “Study Hacks”

Owl Studying

Owl Studying

There are various blogs are on the internet that grabbed my attention while scouring the internet, but the “Study Hacks” blog by Cal Newport really caught my eye. Whether it be providing advice on how to power through work, or explaining how effectuate thinking is beneficial, this blog could potentially change the way you function daily. For example, after reading the blog about effectuate thinking, I now have a clearer image on goal-setting, and have realized that creating grandiose expectations could actually be holding me back. Something I would have never guessed. Furthermore, the usefulness of this blog goes beyond just the academic field, but spills over into anyone’s personal life and even the business world. With tips on how to better manage time, the “Study Hacks” blog can be useful in creating an urgency/importance matrix, by allowing you to better determine what needs to be done, compared to what should be done.

While not a prototypical business blog, I recommend the “Study Hacks blog to anyone looking for time management, academic, or career advice. Cal Newport is a superb writer and academic who strives towards providing “advice for building a successful and fulfilling life in school and after graduation“.  With free advice coming from a blog that offers up not only study skills but also, life skills, I can’t see what’s not to love?

Picture Reference: http://3.bp.blogspot.com/-tl8v8F_6HE4/T1wqf4KuJNI/AAAAAAAADPo/JY5hXiR_g9c/s1600/study+cartoon.gif

In Reply To: “Is it Game Over for Video Game Stores”

In Stav’s blog about video game stores, she explains that shops such as EB games and GameStop could see the ghosts of Blockbuster in their future as the industry is moving towards digital content. I take the opposite stance on this topic, and believe digital copies are not a disruptive innovation.

Forza Motorsport 5 = 40GB

Forza Motorsport 5 = 40GB

With new video game systems such as the Xbox One and PS4 boasting large hard drives of 500GB, it may seem like common sense to believe that you could fit a lot of digital games on these systems. Think again. The average size of an Xbox One video game is 10GB-15GB compared to the size of movies which clock in, around 1GB. With a popular Xbox One game such as Forza Motorsport 5 measuring in at an astounding 40GB! With a 500GB hard drive that is only 15-20 games not too mention the fact that 50Gb is usually unusable and actually saving progress and game data requires space as well. As someone who recreationally plays video game, I find it a lot easier to purchase a game at a store like GameStop, then having to use a credit card and not have the flexibility that a standard disk affords you. For example, how am I supposed to take my digital game to my friends house? I can’t take a because it’s made to be only playable on your specific system.

I can’t see a future where gamers start completely ditching physical copies of disks in exchange for digital ones, as they don’t offer the same flexibility. Consumers are hard to predict, but I foresee this situation playing out similarly to the e-books one, where some people will gravitate towards digital versions, but not enough to cause the demise of any major players.

EB Games Logo - http://www.salamandershopping.com.au/uploadedImages/SalamandaBay/Content/Stores/EB_Games_logo_1.jpg?n=6545

EB Games Logo

Picture References

EB Games – http://www.salamandershopping.com.au/uploadedImages/SalamandaBay/Content/Stores/EB_Games_logo_1.jpg?n=6545

Forza Motorsport 5 – http://gamingtrend.com/wp-content/screenshots/forza-5-e3-screens-06-12-2013/3d_lhs_xbox_one_forza-5_esrb.jpg