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Everything I know about business I learnt from watching Indy Cars

[Courtesy of NTT Indy Cars] Every so often there are events that as they play out can influence outcomes apart from what is actually taking place. For Margo and me there were times when we enjoyed the occasional track day that gave us an opportunity to take our cars onto real race tracks to simply have fun driving fast in a safe environment. Everyone heads in the same direction, right? What could possibly go wrong? However, these days we no longer enjoy that pleasurable pastime, but rather have been relegated to spectators. Following any sporting team, or, for that matter individuals provides insights into what is achieved. There is a definite correlation between the learning phase and just how well a performance plays out. Certainly, in some sports, there is many inputs that can influence outcomes, but ultimately it comes down to individuals, particularly those in a leadership role, just “do your job,” as NFL coach Bill Belichick believes is what wins games for the New England Pat...

Only 24 hours in a day?

This past weekend I seated myself close to the television through much of The Rolex24 at Daytona. Much like other races that span 24 hours, for as long as I can recall it was considered an endurance race, much the same as the 24 Hours of Le Mans, and yet with the improved reliability of the participating vehicles, Daytona is now very much a 24 hour sprint race. Mixing prototypes with vehicles you could drive off the showroom floor sort of, these long races make for entertaining viewing. While we have a connection with one of the racers involved, the Indy Car phenom Colton Herta, the grandson of our good friends, the Kennys, who just happened to add yet another Rolex to his collection of Rolex Daytona watches after winning the Le Mans Prototype 2 (LMP2) class and placed fifth overall (car pictured above), all the same I was surprised at how quickly those 24 hours passed. I remember conversations with my father after listening to Le Mans the time disk brakes first appeared (on a Jaguar...