"Live the American dream" is a sentence that is widely used by many people in the world. There is no more suitable person that is fitted for this title than Andrew Carnegie. Known by many as steel business magnate the richest man in the world in that period. Andrew Carnegie together with John D Rockefeller were considered agents in the triumph of America industrial capitalism.
Carnegie remain in history records as person who was involved in many philanthropic activities, creating the biggest philanthropic organization in the world. Actual Giving Pledge Non Profit Organization founded by Bill Gates and Warren Buffet imported some ideas of Andrew Carnegie.
As businessman Carnegie was ruthless capitalist who was guided after the principle "The more you earn the more you have to give it away"
Thanks to David Nasaw who wrote this book, I have discovered important aspects related for his activity and life. Andrew Carnegie was born in 1835 Dunfermline Scotland . Like many other european people he saw the potential of new world country and the decline of United Kingdom and other european countries that were drived by colonial expansion. He started his career in the new world as telegraph operator at Pennsylvania Railroad. At age 30 he resigned to start his own first business with Tom Scott and J Edgar Thomson and culminating with the sale of " Carnegie Steel" to J P Morgan in the early march of 1901 and the formation of US Steel Corporation. US Steel become the first company with over 1 billion $ capitalization. At that time Andrew Carnegie net worth was 226 millions $, merely 120 billion $ today.
One of his biggest regrets in his life was that he has not given away as he wanted. According with his treasurer Robert Franks at the time of his death he had given away more than 350 millions $ !!.
Like I said at the beginning of this article he was not only a ruthless capitalist but also a person who militate for slavery abolish. Was one the vehement critique at colonial expansion, one of the reasons of the start of first world war. He openly has critiqued United State military interventions in Venezuela and Philippines. Despite his business has flourished from the building on naval battleships , he was strong critique to military buildup spending. During his entirely life he tried to promote peace and stability among countries. All his efforts were in vain , he could not prevent the start of the WWI.
What I did not like to Andrew Carnegie?
Andrew Carnegie achievements in life are amazing, great business leader, great philanthropist a person who has contributed to the building a society that no other. Achieving this, he become an important person with great power to influence people. Former US presidents like: Theodore Roosevelt and Woodrow Wilson were influenced by Carnegie marked the beginning of a period where Rockefeller and Carnegie influence started to become part of United States policy.
In the end I firmly recommend David Nasaw book to discover the life of one of the most important person in our modern society.
Friday, 22 May 2020
Friday, 15 May 2020
7 Reasons why we should eat lab grown meat
The natural resources that we found on Earth are not endless who probably many of us think. I consider the biggest challenge for the next period is " How we can preserve our natural resources. Mankind are looking to find viable and alternative solution to solve these problems. Global warming is a big concern among specialists. Thanks to industrial expansion which in many cases is done by deforestation and transform it in agriculture and industrial land. For me was very sad to see how the Amazon rainforest is exploited by humans in desire to obtain more profit and to feed an increasingly world population. For many who do not know the Amazon rainforest is responsible with the production of 20 % of our planet oxygen. It is hard to imagine how our planet with look with no Amazon forest. One of the reasons why people are deforesting
the forest is to create agriculture land to feed humans and animal. With the expectancy that world population will grow to 9 billion by 2050 , makes more challenging any attempt to find alternative solutions to not damage the nature and to feed the world.
One of the product that are wasting a lot of natural resources to produce it is meat. Meat is a source of food that always will be in demand no matter of economic situation and social class. One innovative solution found to solve this problem without to harm nature is to produce meat by culturing muscle cells so called lab grown meat. In today article I will present reasons why we should adopt lab grown meat. From the beginning I do not want to denigrate traditional meat producers, is not the purpose of this article. I consider that how meat is produced today wont be sustainable in the future.
1 Greenhouse gas emission
According to UN Food and Agriculture Organization animal agriculture is responsible for 14,5 of the world total greenhouse emission. Animal agriculture is responsible of methan production which has a 25 % greater potential to global warming than CO2. Animals like: cow, sheep and goat are responsible for methan production.
2 No Animal Slaughter
Animal ethics we do not need to slaughter animals to produce meat.
3 Environmental issue
As I said of the beginning of this article Amazon rainforest produce 20 % of oxygen on Earth. Amazon deforest is one dangerous and stupid action ever took. 70 % of Amazon deforest is used as pastures and 30 % is used to raise animal crops. !!! Livestock farming are taking 70 % of arable land around the globe.
4 Viruses transmission
In our history many viruses and diseases have been transmitted from animal. Diseases like: influenza, avian, swine and bovine spongiform are transmitted through livestock.
5 Antibiotics issue
Industrial production of meat ca not be done without the use of antibiotics. To force animal grew quickly meat producers are using different hormones and antibiotics. Many of them poses a really treat to human body. To produce meat by culturing muscle cells will not need hormones and antibiotics.
6 No need for factory farms
We conclude than animal farming is efficient for land and environment. Industrial animal farming is done by farms where animals are kept in many cases in inappropriate conditions . Maintaining animal the wellbeing of animal is almost impossible , time consuming and nobody cares so much.
7 Nutrition of growing world population
Feeding with meat of entirely whole world population will be assured without to harm the nature.
the forest is to create agriculture land to feed humans and animal. With the expectancy that world population will grow to 9 billion by 2050 , makes more challenging any attempt to find alternative solutions to not damage the nature and to feed the world.
One of the product that are wasting a lot of natural resources to produce it is meat. Meat is a source of food that always will be in demand no matter of economic situation and social class. One innovative solution found to solve this problem without to harm nature is to produce meat by culturing muscle cells so called lab grown meat. In today article I will present reasons why we should adopt lab grown meat. From the beginning I do not want to denigrate traditional meat producers, is not the purpose of this article. I consider that how meat is produced today wont be sustainable in the future.
1 Greenhouse gas emission
According to UN Food and Agriculture Organization animal agriculture is responsible for 14,5 of the world total greenhouse emission. Animal agriculture is responsible of methan production which has a 25 % greater potential to global warming than CO2. Animals like: cow, sheep and goat are responsible for methan production.
2 No Animal Slaughter
Animal ethics we do not need to slaughter animals to produce meat.
3 Environmental issue
As I said of the beginning of this article Amazon rainforest produce 20 % of oxygen on Earth. Amazon deforest is one dangerous and stupid action ever took. 70 % of Amazon deforest is used as pastures and 30 % is used to raise animal crops. !!! Livestock farming are taking 70 % of arable land around the globe.
4 Viruses transmission
In our history many viruses and diseases have been transmitted from animal. Diseases like: influenza, avian, swine and bovine spongiform are transmitted through livestock.
5 Antibiotics issue
Industrial production of meat ca not be done without the use of antibiotics. To force animal grew quickly meat producers are using different hormones and antibiotics. Many of them poses a really treat to human body. To produce meat by culturing muscle cells will not need hormones and antibiotics.
6 No need for factory farms
We conclude than animal farming is efficient for land and environment. Industrial animal farming is done by farms where animals are kept in many cases in inappropriate conditions . Maintaining animal the wellbeing of animal is almost impossible , time consuming and nobody cares so much.
7 Nutrition of growing world population
Feeding with meat of entirely whole world population will be assured without to harm the nature.
Friday, 8 May 2020
Can Remote Work Disrupt Real Estate Office Business ?
If I have to list something that most successful entrepreneurs have in common is the power to disrupt certain industries. Jeff Bezos by his Amazon was able to disrupt and redefine entirely retail industry, Brian Chesky Airbnb was able to give tourism industry other perspective. These are few examples of how business are evolving during the time.
Being force to stay home due to government restrictions to prevent spread of Covid-19, I wasn't able to go to event meetings. I spend important part of my day watching webinars and live stream events. Yesterday night I was watching a webinar " VC's view of series funding in a post Covid world " and suddenly a light bulb went off in my head. Not far from the present days I had strong believes in real estate office business. Due to lockdown measures many business have stopped their activities and some are continuing their activities even in this period of time. To keep social distancing many organizations were forced to take some unusual measures like to allow their employees to work from home. A new trend has appeared "remote work from home". Social media channels are bombarded with live stream events. Zoom application, Skype and Yotube live are few tools that companies are using even in this period to continue their business.
Back to our main topic "Can this new trend be a real threat to office business ?" , and " How business will redefine after post Covid period ?" I consider office real estate business solid business with good margin of profit. Dublin is important tech hub in European Union, many important tech companies and not only have offices here. I remember october 2019 when Green REIT shareholders have decided to sell the business. For me was a sad news in that period, first a source of dividend was cutted and second to own a piece of that business was something that not many people have this opportunity and have tenants (customers) like: Bank of America, Vodafone, Barclays, AIB and so on was something special. In the late of november 2019 the transaction was made Henderson Park bought Green Reit plc in 1.34 billion euro , 1.9135 euro/share for each shareholder. That transaction was the largest real estate transaction in 2019 and the largest real estate ever sell in Ireland.
Since the transaction was ended many important things have happened the world entered in lockdown. The next office real estate developers should ask: "How office real estate business will look in post covid period ?" Can developers face the imaginable scenario where tenants (business) will redefine , instead of looking huge offices with many square foot many companies will look for more small offices and more dynamic. For them the lockdown and the new trend of work from have created a dangerous perspective. For many organisations the perspective to allow their own employees to work from home can be cost effective in special in this period of time. If the business will find this solution efficient and cost effective will apply this solution in the future which might represent a real threat for real estate office developers.
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