The Smartest Guys in the Room
April 30th, 2008 Posted in Opinion
By the late ’90s, Enron had proved that they were the smartest guys in the room. The problem was that they were too smart for their own good and got caught.
With oil over $100 a barrel and our yearly consumption continuing to climb, the smartest guys in the room are now the OPEC member nations; mainly Saudi Arabia and United Arab Emirates. Why? Well for one, they are projected to take us for over $1 Trillion in 2008. The United States considers itself the most powerful nation in the world and yet they paying billions to the kinds of people that pay the kinds of people that fly planes into buildings.
But this post isn’t about OPEC or 9/11, it’s about planning for the future. The oil sheiks are rich, for now. But the person who figures out what comes next after oil will show them how it’s done. When the penny drops, who’s going to be the one to react?
In our business, we also have to be ahead of the curve. The internet is going in your pocket, the iPhone is allowing us to interact with one another in new, exciting ways and Facebook/Google help put it all together.
It’s a brilliant system. And I want in.
What’s next after Facebook? Google? the iPhone? the internet? How are you going to corner the market with the next big idea? What do you think is the next step?
My friend Moritz and I are hard at work on that very concept, we’ll let you know when we hit it big.
Sources: Steelguru.com, Wikipedia
