In theory there is always a larger company / organisation out there, which has more resources, skills and sheer man power to create new and better products and services than a scrappy startup. In theory there is no reason that anyone would ever have to start a new business. In reality, for many reasons such… Continue reading Big & Incapable
Few people realise that most medicinal breakthroughs were the result of complete luck and serendipity. Only about two HIV medications are the result of huge financial investments and research. Everything else, from antibiotics to chemotherapy treatments are a result of luck. After we discovered these drugs, we then figured out the science behind the medications… Continue reading Playing At The Edge
Great minds discuss ideas; average minds discuss events; small minds discuss people. It never ceases to amaze me how few people are genuinely intellectually curious about ideas. This becomes painfully obvious when you discuss startup ideas with people. Most people don't like ideas, particularly of the new variety. So they instinctively go through a list of… Continue reading It’s Neither Either Nor Or
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
20 x 1 = 20 & 1 x 20 = 20 The lie you've been told is that the order of events doesn't matter. You've been told that if you have the same inputs and outputs then it's all the same. But this is a lie. The sequence and order of events matter a great… Continue reading Is It The Same Difference?
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