Did you hear? Apple rules the world!

This week we saw arguably the biggest music group in the world break to the power of Apple. The Beatles held off for nine years. Refusing to agree to Apple's restrictive rules. So, After nine years what do The Beatles have to show for it? Nothing! They held out for nine years, losing millions in revenue, to make a statement they ended up not making.

This is just an example, but it makes you think. Will anybody ever really be able to successfully stand up to Apple? I don not think it will happen in the foreseeable future. Apple has a ridiculous amount of power in the market place. They can make their own rules and force people to follow them. It will take someone to enter the market with a huge backing from a multi-billion dollar company that can survive the war. Microsoft? That's the only company I can think of. The new windows phone is on the horizon and could be a game changer. But Microsoft needs to be better than Apple to get people to switch. They need to offer lower prices and they need to offer a system and distribution method that is smoother and more efficient than Apple's.

Lucky Millionaires

Some people see people that started Internet business and they get angry and say, "those lucky bastards." People think that just because they start an Internet business it requires less skill or less effort. This is entirely incorrect. Maybe they are lucky in the fact that they get their idea to market before someone who is trying to do the same. In general the public does not give enough credit to the masterminds that build amazing websites and make millions. Their is a lot of work and planning that goes into the creation of these websites. Is it fair to say that luck does not play a part? No. Luck does play a part in a lot of businesses, but a lot of times the way the luck happens is not the way we conventionally think of it. The luck will usually be in a small way, like we walked in a bought the rest of a stock before someone else, or we just happened to be in the right place at the right time and made a huge sale. This is the way that luck appears in business today. A business can not survive without planning, but luck can definitely help.

The Law to End Off-shoring.

Most people associate outsourcing with off-shoring. This is mainly due to a labor arbitrage story that was available when off shoring first became popular. This caused many people to hate outsourcing because they believed it was causing the lost of american jobs. Today the view of outsourcing is different, although some people still get the two confused. Even though, lawmakers are moving to end off shoring. They want to make sure that no American jobs are lost with bill S. 3816.

Sure the main purpose of the bill is noble, but what are the consequences? How will the prices of our favorite electronics changes when they are forced to be moved back to America? i.e. Apple uses fox-conn in China. If this were to happen, Apple's cost to manufacturer an iPhone would sky rockets, causing the price of an iPhone to also sky rocket.

For every action there is an reaction. Congress needs to fully examine the reactions of their bill before they pass it.