A few years ago the Ministry of Defence in the UK ordered a new radio system. This system was going to be used by services such as the army, navy and air force. All the specialists met up to debate what was required of the new system. Everyone put their opinions forward in heated debates… Continue reading “But It Meets Spec”
Entrepreneurs solve problems. They create a solution which people give them money for. People who haven't started a business before often look for problems to solve. A lot of the time these people can't seem to find that elusive perfect problem to solve. If you're in this situation, then stop looking! Instead become a more… Continue reading How To Get Great Startup Ideas
You can consider optimism and pessimism as two different types of biases. "Optimists" supposedly see the world in a way where things are better than they actually are. "Pessimists" supposedly see the world in a way where things are worse than they actually are. "Realists" are meant to be the people who see the world… Continue reading We’re All Biased
Every doctor had a bright future, in their past. The trick is to not let the future catch up with you.
Be very weary of anything which will reduce the time you have to accomplish something. Time is undervalued and underappreciated. Sometimes it's tempting to do something which will give you a short term gain, but that will reduce the time you have to accomplish X,Y and Z. For example if you take anabolic steroids, it may… Continue reading Time As Arbitrage
It's ok for people to not agree with you. However, if someone doesn't agree with you but then goes on to say exactly what every other sheep would say then that means you're talking to a fool. When talking to people who are brain-damaged in the same way, realise that they're thoughts have been hijacked.… Continue reading Brain-Damaged In The Same Way
Imagine you're trying to compete with Coca-Cola by creating a new soft drink. A room full of business types would probably get together and say that you need to develop a drink that you can drink a lot of, tastes better and is cheaper. But funnily enough Red Bull came along and made tiny cans,… Continue reading Always Aim To Beat The Competition Without Competing