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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Could be fun: Warren Buffett should build another business]]></title><link>http://www.bloggingstocks.com/2007/05/07/could-be-fun-warren-buffett-should-start-another-business/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/05/07/could-be-fun-warren-buffett-should-start-another-business/</guid><comments>http://www.bloggingstocks.com/2007/05/07/could-be-fun-warren-buffett-should-start-another-business/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/rants-and-raves/" rel="tag">Rants and Raves</a></p><p>There's a fair amount of buzz going around the Internet in regard to Warren Buffett's declaration that he would like to buy a business. I have no doubt that by now Mr. Buffett has received several interesting offers and I'm wondering who he'll have sort those offers out. As for me, I'm thinking in a whole different direction:</p>
<p><strong>Warren Buffett should <u>not</u> buy a business, he should build one!</strong></p>
<p>With a mind such as Warren Buffet has and with his firm and steady hand, he's the perfect candidate to orchestrate the creation of a business from the ground up and I think he'd enjoy it also. If I were advising Mr. Buffett, this is where I'd tell him to start: I'd tell him to purchase <a href="http://finance.aol.com/quotes/nettel-holdings-inc/nttl/nab?freq=1&amp;dr=60&amp;daysb4=0">Nettel Holdings</a> (OTCBB: <a href="http://finance.aol.com/quotes/nettel-holdings-inc/nttl/nab?freq=1&amp;dr=60&amp;daysb4=0">NTTL</a>) as a starting point. Nettel Holdings is a communications services technology incubator which is beginning to flex its financial muscles. It provides a shining example of its expertise in the form of <a href="http://www.tougi.net/divisions.jsp">TOUGI Global Commerce</a>. It has just completed a round of operations streamlining which was focused on cost controls. The crew at Nettlel know that it has a solid grasp on a lot of future potential and it recently reported a <a href="http://www.sys-con.com/read/362189.htm">gross profit increase of 265%</a> over the previous quarter. By owning Nettel, Buffet would place himself in position to move in any of a thousand directions. He could then pick and choose which business sectors he wished to focus on and build from there.</p>
<p>The best part about building upon Nettel as a foundation would be that Mr. Buffett would be able to launch his legacy in many different directions. Then when he retires (as if <em>that's</em> going to happen), he'd be able to sit back and watch his (business) children grow. By being at the head of a startup incubator and all its subsequent spin offs, Mr. Buffet could have leveraged effects on the future of world business which would reach well into the next century.</p>
<p>Go ahead Mr. Buffett... have some fun!</p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/05/07/could-be-fun-warren-buffett-should-start-another-business/">Could be fun: Warren Buffett should build another business</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Mon, 07 May 2007 16:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2007/05/07/could-be-fun-warren-buffett-should-start-another-business/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/890527/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/05/07/could-be-fun-warren-buffett-should-start-another-business/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>nttl</category><category>Warren Buffett</category><category>WarrenBuffett</category><dc:creator><![CDATA[Gary Sattler]]></dc:creator><pubDate>Mon, 07 May 2007 16:30:00 EST</pubDate></item></channel></rss>
