Monthly Archives: August 2010

Be Globalized

Advice from Quintin E. Primo III, co-founder and chief executive of Capri Capital Partners, a real estate investment and development firm based in Chicago:

Q. What's your best career advice to young graduates?

A. Three words: leave the country. Get out of here. That's what I tell everybody — just go. I don't care where you go, just go.

Q. Because?

A. Because the world is changing. It is no longer acceptable to speak only English if you are 25 and younger. It's unacceptable. You have little chance of being successful if you speak only one language.

If you don't understand Islam, you're in trouble because Islam comprises somewhere between 1.6 billion and 1.8 billion people, and there are markets that are untapped that need to be tapped.

So you've got to get out of your front door, get out of the comfort and quiet of your home, and your safety zone, and step into a pool of risk where you have no idea what the outcome is going to be. Out of it all, you will have a much broader understanding of the world's cultures, and you will have a much clearer idea of how the world perceives our culture, and all the value, and the benefits, and the beauty of our culture.

There is nothing more important. I don't care where you went to business school. I don't care whether your grades were good or bad. You have to leave the country.

I think this advice applies to lawyers too. Yes, there remain areas of practice largely untouched by globalization, but not many.

Posted in Econ & Money | 4 Comments

NYT Does Italian Business

The headline (Is Italy Too Italian?) is silly, but the article is a good read. It uses bespoke textile maker Luciano Barbera as an example of Italian business strengths and weaknesses.

(The sub-head, “From Taxis to Textiles, Italy Chooses Tradition Over Growth” is much more representative of the content.)

Posted in Econ & Money | Comments Off on NYT Does Italian Business

Yes, Jeff Greene is Really this Bad

Adam Smith of the St. Petersburg Times delves into Jeff Greene's history. It's telling stuff about the would-be Democratic candidate for Florida Senate. Here's just one of many anecdotes:

Harlan Hoffman, 37, was in a Fort Lauderdale yachting apparel store in 2007 when he saw a help wanted ad for Summerwind.

“There were two people from Australia there who said, 'Oh, good luck with that one… . We're still waiting to get paid by Summerwind.' I should have listened,” Hoffman said.

The deckhand was shocked while buffing Greene's yacht and wound up hospitalized.

A boat's owner is supposed to take care of on-the-job medical costs, but Hoffman said Greene — whom he never met — told the insurance company he had never heard of Hoffman and that he didn't work on Summerwind. It took eight months and legal action that included affidavits from other crew members vouching for Hoffman and trashing Greene to get his bills paid.

“This guy Jeff Greene threw tons of money into new diving gear, but the crew's basic equipment — food and supplies — he didn't want to spend any money on. Summerwind has a terrible reputation,'' Hoffman said. “Mr. Greene's yacht is known to be a party yacht. When it went to Cuba, everybody talked about the vomit caked all over the sides from all the partying going on.”

Just what Florida needs in a Senator: contempt for the working man so deep that he has to stiff them.

Previously: Meek Fights Back

Posted in Florida, Politics: 2010 Election | Comments Off on Yes, Jeff Greene is Really this Bad