Young entrepreneurs build their future

Shifting Careers blog: Keeping Kids Off the Streets, Through Business

Today, an international organization called the National Foundation for Teaching EntrepreneurshipNFTE, was founded in 1988 by Steve Mariotti, a public school teacher, anti-dropout specialist and serial entrepreneur who says that teaching entrepreneurship to low-income kids serves a few purposes: it teaches skills like math, reading, writing and critical thinking; it provides kids with a vision of how they can control their own futures; and it can also keep kids off the streets and in school.

Hybrid incentives, 401(k) Plans

WSJ: Incentives to Buy Hybrids Are Dwindling disappearing tax credits and falling fuel prices stretch the payback of hyprids

For instance, let’s say you buy a Honda Civic, which gets 42 mpg and currently has a $525 credit. Assume you drive 15,000 miles a year with gas prices at $2.91 a gallon. The Civic hybrid’s price is some $4,000 higher than a gas-engine Civic, meaning it would take nearly 10 years to recoup the premium in gas savings, according to an Edmunds analysis.

WSJ: 401(k) Plans Face Disparity IssueAs cash-strapped workers curb their 401(k) contributions, more employers could be forced to limit or refund the retirement-plan contributions of higher earners to meet federal nondiscrimination rules.

Why Most Meetings Still Suck

Michael Hyatt: Leading people and conducting meetings go hand-in-hand. Yes, you can use email, blogs, Twitter, Basecamp, or any number of additional tools. But at the end of the day, you will still need to schedule and lead meetings.

Before you plan another meeting (and suffer the rest of us to sit through them), make a commitment to do the following:

  1. Define the outcome.
  2. Create a written agenda.
  3. Focus your attention.
  4. Start and stop on time.

I’d suggest a few weeks at meetings of Toastmaster’s. I’m still taking advantage of things I learned from my meetings.

Michael Crichton dies

I always looked forward to his next new book. Sometimes they didn’t meet my expectations, but I never stopped looking for the next book. He was 66. Some of my favorites were Jurassic Park, Airframe, Rising Sun and State of Fear, Travels, Timeline.

I liked that his books also had bibliographies if one wanted to read more on the subject. For screen writing, I also enjoyed Andromeda Strain and The Great Train Robbery, but first encountered those as movies.

Gas issue in charlotte

Because Hurricane Ike knocked out many oil refineries along the Gulf Coast, gasoline has been scarce in Charlotte. The price is around $4 and most stations have been only open a few days in the past two weeks.

I’ve waited in line for up to 30 minutes for gas and it’s taken extra planning to make sure I’ve had enough gas. No fights in the line where I was, but that one person who appeared to be breaking the line got an earful.