I have now been writing this column for Above the Law for over two years. Indeed, this is my sixty-ninth article. And this will be my last article under the Reinventing the Law Business name. While I have enjoyed coming…
Tag: Power Niche
The End Game for Co-Working
I have been watching – and our firm has been participating in – the co-working trend. It started with Regus when it was founded in 1989 but didn’t really go anywhere until the past few years. Since then, numerous players…
Why Are You In Business?
Let me tell you an interesting story about a professor who teaches a course in entrepreneurship. He starts his course by reading the notes from the founding partners meeting from the original meeting of the founders (now about 70 years…
Failure in Business is (Mathematically) A Lot More Likely Than You Think
Sometimes someone tells you something that is so ridiculously obvious but so dramatic to everything you have ever thought about, that it kind of shocks the heck out of you. So here is something that just sent me for a…
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A Tectonic Shift is Happening in the Real Estate World
As you may have heard by now, real estate is set to become a separate asset class on the Global Industry Classification Standard (GICS) and the S&P 500, separating it from the Financials Sector. Notably mortgage REIT’s will be left…
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Fail Dammit!
I was reading this morning about a superstar Olympic hopeful. A woman named Simone Biles (check her out). She is the top gymnast in the world right now – and the United States has high hopes for her in Rio.…
More Thoughts About Value Creation – Melding Narrow and Broad Thinking
This is going to get really philosophical (even for the Real Estate Philosopher) so please stay with me – it is mercifully short, but very important….. In earlier articles I have argued the value of trying to “own” a smaller…
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Porter’s Five Forces in the Real Estate World
Michael Porter is a professor at Harvard Business School. He has spent his long career analyzing strategy and competition. His analysis is exceptional and probably just about everyone in the business world knows all about him; however, I have never…
A Special Idea to Create Value in Real Estate
I was going to have this article be about applying Porter’s Five Forces to the real estate world. That will be a great article when I write it; however, A very interesting value-creating idea just struck me this beautiful afternoon…
Creating Value in the Real Estate World
In my wanderings and discussions with clients and other friends in the real estate world, I hear many different plans from many different people. Many plans are of course brilliant and well executed; however, I do see a perennial fundamental…
