Imagine I gave you pasta, marshmallows, tape, and some string, and told you to build the tallest tower possible in 45 minutes. As a business leader, how would you do? Certainly better than a 5-year-old, right? But when researchers actually tried this experiment, pitting kindergartners against CEOs, lawyers, and MBA students, it was the kids that came out on top, building towers averaging 26...
I’m back from 12 days in Kenya. That included two days speaking at Sankalp Africa, two days facilitating conversations with the bizi of Africa Eats, and three days driving across Kenya visiting a different company in a different city each day. I’ll save you the long drives, bumpy roads, odd hotel rooms, along with the very long flights and instead give you three highly edited video...
If you read this blog, you know I love to find hidden assumptions that people don’t even notice are assumptions. This time it is one of my own assumptions, and one that I suspect the vast majority of people share. TL;DR: nuclear power plants are NOT controlled nuclear bombs. When a nuclear power station is making power, the term used is that the reactor has gone “critical”...
A few weeks ago I asked the internet why there are no copycats of Berkshire Hathaway, despite Warren Buffett telling the world exactly how he and Charlie do what they do. This week, Buffett’s annual letter to shareholders was published, and now that Africa Eats is copying parts of Berkshire Hathaway’s model, I found it more fascinating than usual to both learn as well as compare and...
Over the years I’ve asked many smart people why, after the historic public market crash of 1929 did the U.S. Government then pass the Securities Act of 1933, which disallows the sale of shares in private companies to every American? Not surprisingly, given the hows and whys of laws written before not only the Internet but also before radio are mostly lost to history. But now we have a new...