Month: October 2018
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Thinking
Thinking is a double edged sword. I often advice entrepreneurs to think about what they plan to do. I also advice them to spend time thinking about their business rather than getting down to execution. Thought is a cheap simulation machine that is available to us. The more data you feed (talk to potential customers)…
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When things fall apart…
Hold it together. Often the difference between those who lead and those who follow is merely this. In life there will be instances when things would not go your way. We all operate on assumptions and it should come as no surprise that some of those assumptions turn out to be wrong. The more fundamental…
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On Carrying On…
In an experiment that was conducted in the 1960’s two dogs were placed in two separate cages. Each dog then received a series of electric shocks to their hind legs at the same time. The first dog’s cage was fitted with a pad which it could push with its nose and stop the electricity. The…
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Prisoner
Money Health Happiness Capability Relationships Friendships Respect Honor Recognition Passion Drive We all crave some or all of these things in varying capacities. Almost none of us get all of it at the same time. Human tendency is to focus on what we have lost which makes us all bent towards loss aversion. If…