Are you in the right business?

“In today’s economy, the smartest entrepreneurs are satisfying needs, not wants” Leigh Buchanan

Eventually all companies will fail

A good strategy is once your current product becomes successful, start to think and build the next product which is the killer product of your current one.

Every living organism contains within itself the seeds of its own destruction, so do companies. It happened to Microsoft and will happen to Google next, once the PR tide turns against it.

At one point companies become too big, too successful…”evil’. From a psychological standpoint, humans like a winner…but only for a limited time. Once the winner is in place for too long, it is human nature to join the ranks of the winner’s enemies. Human beings resent to feel like losers for too long.

A good way to avoid this at the corporate level is to split your business into smaller, independent units under a totally different brand. Even better if they seem to compete with the market leader, which can be owned by yourself, the market leader, behind the scenes.

Recapturing the Soul of Medicine

Listening Generously, The Medicine of Rachel Naomi Remen | Recapturing the Soul of Medicine [Speaking of Faith® from American Public Media]

“The voyage of discovery lies not in seeking new vistas, but in having new eyes.”

External things will not bring you internal happiness

Salad NLP Tip

“Unhappy people want what they want in order to make them happy. Happy people just want what they want.”

Corruptisima republica plurimae leges. [The more corrupt a republic, the more laws.]
Tacitus, Annals III 27

Ignorance

“The ultimate ignorance is the rejection of something you know nothing about and refuse to investigate”
Dr Wayne Dyer

“Deal with reality or reality will deal with you”

“A good leader is many people’s servant”

You are taking what we know we cannot do in the present, and extropolating that into the future, forever. History is full of examples where those who believed the future was going to be an extension of the present were shown to be dramatically wrong. You assume because you cannot solve the problem, that there is no solution at all, ever.

The black box economy - The Boston Globe

It would be ideal if the financial markets became a bit less opaque and intelligible before that happens. That would be the job of regulators, but Das isn’t sure that regulators have the intellectual horsepower to figure out what they need to do. “If you’re bright and you can make $5 million a year on Wall Street,” he asks, “why would you settle for making 50K as a regulator?”

Next Page →