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New Businessmen Forum 2010

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At very late Friday evening, 16.apr. 2010, event called " New Businessmen forum 2010 " was held on Sapņu fabrika . The idea for this forum was originally made by Normunds Teteris. He thought that successful businessman could present their businesses for interested audience. Presenters would tell how their businesses started and developed over last few years. And all this could be done in Pecha Kucha like presentation style. Pecha Kucha Night events consist of around a dozen presentations, each presenter having 20 slides, each shown for 20 seconds. Each presenter has just 6 minutes 40 seconds to explain their ideas before the next presenter takes the stage. ( wikipedia ) So yea. I was there, and although overall impression was not bad, some of presentations looked more like a free advertisement for their businesses. Well, not actually *FREE*, because an audience has to pay a little entrance fee.

What is "impossible triangle"? (In business)

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Impossible triangle, in business, is triangle that describes any good or service that is provided by any company. And it states that three values Quality, Speed and Price can not all be combined into one offer. One MUST be sacrificed. Either product will be delivered fast and in good quality, but it will cost more. Either it will be in good quality, cheap, but it will be delivered in ordinary time. Or maybe it will be fast, cheap but the quality will be sacrificed. I heard, from one Harvard's graduate, this is what they learn in first semester, in business school. I think this is what i learned in first week in 'life school'.