By Paul Losch
About this blog: I was a "corporate brat" growing up and lived in different parts of the country, ending in Houston, Texas for high school. After attending college at UC Davis, and getting an MBA at Harvard, I embarked on a marketing career, mai...
(More)About this blog: I was a "corporate brat" growing up and lived in different parts of the country, ending in Houston, Texas for high school. After attending college at UC Davis, and getting an MBA at Harvard, I embarked on a marketing career, mainly in the Bay Area with different companies. My former wife went back to medical school after we had been married a few years, and we moved into married student housing at Stanford, had our two now adult children while she was a medical student, and moved into Palo Alto when she started her Residency. Been here ever since. As my kids were going through the Palo Alto schools, I was actively involved in their activities, most notably head umpire for Palo Alto Little League and 9 years as a member of the Parks and Recreation Commission, among other activities. My kids both are grown, my son teaches 5th grade locally, and my daughter, fluent in Mandarin, is working in China. I sold the business I owned and ran for 8 years in 2012, worked on the Obama campaign, and am consulting for non-profit organizations, which gives me a nice, flexible schedule. Lots of stamps in my passport, and for fun, I like live performances &emdash; theater and music - and of course the Giants!
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I had the good fortune to attend a prominent business school, and graduated from it more years ago than I care to admit. It has a great local alumni club, terrific alumni support at the school, and amazing programs both here in the Bay Area and on the campus.
I did not take part in a recent "Entrepreneur Contest," that took place, but I must admit I am skeptical about the prospects for the winner and the runner up.
The winner, as best as I can tell, has a business model that evauluates personal services from medical to financial and will "advise" those who go on the web site on how to find such people.
The runner up was into Feng Shui on line, as best as I can tell. For babies and their mothers. Selling stuff that is feng shui appropriate.
They are seeking money from "Angels" from this school of business alumni with what appear to me to be business that have little or no prospect of success. Niche consumer products, diificult to scale, content based, don't have a truly clear differentiable value proposition.
Since I did not see their presentations, I could have it all wrong. On the other hand, since I did not see their presentations, I could have it all right.
