Business

Selling lies is a better business than selling truths

(Excerpt from Three Ways to Get Paid by Jason Zweig) There are three ways to make a living: 1) Lie to people who want to be lied to, and you’ll get rich. 2) Tell the truth to those who want the truth, and you’ll...

Morals, Sales Read More

CEO builds the factory, not the product

(Excerpt from Lazy Leadership by Andrew Wilkinson) Henry Ford didn’t build cars, he built factories. To me, a great leader’s job is to build a machine that produces a product. It’s not about doing the work itself....

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Criticise generally and praise specifically

(Excerpt from The Almanack of Ravikant) If you have a criticism of someone, then don’t criticize the person—criticize the general approach or criticize the class of activities. If you have to praise somebody, then...

Ego, People Read More

Margins don’t matter. Dollars do.

(Excerpt from Last Man Standing by Morgan Housel) Jeff Bezos had a different view: Margins don’t matter. Dollars do. A huge business with low margins was preferable to the opposite. He explained in 2014: Margins are...

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Business and Investing are multi-disciplinary

(Excerpt from A Few Things I’m Pretty Sure About by Morgan Housel) An engineer can have a successful career knowing nothing other than engineering. Same for a chemist, meteorologist, or radiologist. Business and...

Business, Investing Read More

I want to build something that is my own

(Excerpt from Shoe Dog by Phil Knight) I told her that I flat-out didn’t want to work for someone else. I wanted to build something that was my own, something I could point to and say: I made that. It was the only...

Business, Life Read More

Business and Life are full of temptations

(Excerpt from Invested by Charles Schwab) The world of business, like the rest of life, is full of wonderful temptations, and making a choice about where you are going to devote your energy is often as much about...

Business, Focus, Life, Via Negativa Read More

Lewicki and Hiam’s Negotiation Matrix

(Excerpt from Mastering Business Negotiation by Roy Lewicki and Alexander Hiam) Avoiding (lose-lose). In this strategy, shown in the lower left of the diagram, the priorities for both the relationship and the outcome...

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The benefits of setting a world class standard

(Excerpt from 3 ideas, 2 quotes, 1 question (September 24, 2020) by James Clear) Architect Christopher Alexander on the importance of high standards: “In my life as an architect, I find that the single thing...

People Read More

Innovation includes changing corporate practices

(Excerpt from The Ride of a Lifetime by Robert Iger) These are all executives who have been trained for years to grow their own businesses and are compensated based on their profitability. Suddenly I was saying to...

People, Strategy Read More