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
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
In artificial exams there is only one way to succeed and one way to fail. You succeed by giving the pre-determined correct answer and you fail by not being able to give enough of these answers. If you fail, all you have to do in artificial exams is learn more of the correct answers and… Continue reading Failure Is Overrated
Only fools do something that is bound to fail. And only failures do something that is bound to succeed.
The person you can't criticise is the person who owns you.