Summer jobs for younger people used to be common and highly desirable. Twenty years ago almost two thirds of high school kids found paid summer work. Today the statistics say only one out of three hold summer jobs. Many factors have contributed to this fading away of summer employment. Unions are blamed for vetoing non-union hires in some plants and offices. Minimum wage increases make summer hires less attractive because employers have to pay inexperienced people more than they deem them to be worth. Wealthier parents often push their kids to volunteer or take enrichment courses or summer school makeups…
Author: Lloyd Graff
I love sports. Unfortunately, my vision problems caused by retinal detachments over the last 13 years have curtailed my ability to play many of my favorite sports, but I still get to watch them on TV. This year I have renewed my lifelong passion for baseball. My team, the Chicago Cubs, is playing reasonably well going into August and I am as excited to watch them as I ever have been. I scour the internet for trade rumors and search for places to catch the games on TV when I am traveling. Basically, I live my life around the Cubbies…
What is a letter worth? Specifically, the letter “N” in a company sign, 30 feet above the ground, three feet tall, made of 31-year-old weathered, brittle plastic. Our letter “N” in “Pinkert” on our business sign “Graff-Pinkert” fell down in a windy rainstorm a few weeks ago leaving an empty space between the I and K of the name Pinkert near the top of our 35’ high warehouse exterior. This is one of those contingencies you don’t plan for. The sign had held up perfectly for over 30 years. If you think about it, which you probably never do, you…
Are the people with the sharpest minds and the most knowledge the most likely to achieve extraordinary feats? What if knowledge didn’t always mean power? Maybe we humans sometimes know too much for our own good. Perhaps a little naiveté or comfort with not knowing everything is a healthy ingredient to reach success. The following is a summary of one of my favorite Radio Lab episodes, a fantastic show from National Public Radio. The 2011 episode featured a story about an ultra-marathon runner named Diane Van Deren. When Diane was 24 years old she started having epileptic seizures. She discovered…
“Your wait will be four minutes. Thank you for your patience.” All I wanted was to buy a pair of pants from the Territory Ahead catalog, which I had recently received at my home. I am “old school.” I prefer to talk to a person when I order goods. I do not give a credit card number in an online transaction, less out of fear of it being compromised than dealing with my vision, which is always compromised. It was 9:45 last Friday night. I expected the call to take 10 minutes, 15 tops. After four minutes, the automatic response…
Americans on average spend 7.4 hours staring at a screen of some kind every day, according to Kleiner Perkins analyst Mary Meeker. That breaks down to 147 minutes watching TV, 103 minutes in front of a computer, 151 minutes in front of a smart phone and 43 minutes in front of a tablet. The U.S. is ranked 6th in world in screen time consumption—Indonesia and the Philippines are at the top of the list. I’m sure I spend at least an average of 7.4 hours of screen time daily, and I don’t even own a TV. Working a salaried office…
We all get the phone calls from the brain dead solicitors advocating for good charities like the American Cancer Society and the American Heart Association. I pledge my pittance but I really don’t want to listen to the pitch, even though I know it’s worthwhile. But not all charities pitch for pennies. The Cystic Fibrosis Foundation just hit the jackpot by playing the fundraising game much differently than its peers. The Foundation, based in a modest office building in Bethesda, Maryland, just landed a $3.3 billion check to pursue drugs and therapies to ease the suffering of the 30,000 people…
A favorite blogger of mine, Seth Godin, wrote a piece Sunday in which he recounted not making his high school quiz team because he was too slow with his buzzer. He would wait to push his buzzer until he “knew” the answer, which usually resulted in one of his competitors answering before him. Eventually Godin learned that the secret to winning a quiz game is hitting the buzzer as soon as you feel the answer coming. You often have enough time between striking the buzzer and time running out to retrieve the answer. If you can’t pull up the correct…
My search for a romantic life partner is a dramatically different process with different goals than those of my parents and grandparents. Today’s dating world revolves around online dating sites, text messaging and partner experimentation. It yields opportunities to go out with tons of diverse people but produces a lot of confusion as well. I recently listened to the book, Modern Romance, written by the hilarious young comedian Aziz Ansari. The book analyzes the dating world of today’s current singles (like me), particularly those around my age of 35 and younger. Ansari, age 32, relates to my current search for…
One of the things that has always fascinated me about the used machinery business is the daily assessment of risk and reward in the deals we go into. Every deal for my company Graff-Pinkert is inherently a gamble on the future value of a discarded machine tool. It also is a judgment call on the risk assessment of our competitors who may or may not know about a machine we have interest in. My son Noah calls it a daily treasure hunt. It sounds better than “going to the gambling tables.” I think I understand the risks after being around…