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
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
The bell curve has caused untold damage to the way people think about the world. For some reason when people are introduced to a "model" of how one thing works, they start applying the same model to different domains in life. Just because height follows a bell curve, does it mean that intelligence does? (No.)… Continue reading The Wrong Model
It used to be that you could take shortcuts to get to the top. If you knew the right people, had some insider knowledge or someone was kind enough to tell you the secret steps to take, you could get ahead of everyone. But we now find ourselves in a world where anyone can connect… Continue reading Forget The Shortcuts