Newer is not better. Older is not better. Better is better. Just because something is old does not mean it is bad (or good). Just because something is new does not mean it is good (or bad). Evaluate each proposal on its own merits. – Unknown (internet)
@mattschnuk on Twitter shared an anecdote on teamwork. It’s a good story, but Matt’s conclusion is wrong in an interesting way The thread goes on to explain an experiment where team of kindergartners, CEOs, lawyers, and MBA students are challenged to build the tallest tower out of pasta, marshmallows, tape, and string, presumably in a reasonably short amount of time. The result is not...
Warren Buffett shares advice to investors every year. One big theme: Stop thinking that there’s a magical secret formula for making tons of money overnight. Or in short. get rich slowly. This is true not only for investors, but also for entrepreneurs. The world celebrates the overnight successes. Groupon. Facebook. Uber. AirBnB. Enron. The world keeps doing that, no matter how many times...
The following video does a great job of quickly summarizing the typical problems with foreign aid… So… if that doesn’t work, what does? For-profit capitalism. That may sound backwards, but it truly does work, when implemented correctly. I’ve seen this first-hand, as this is what I do as my main job. I find overlooked entrepreneurs in Africa whose work alleviates hunger and...
