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In this newest video blog, I talk about who gets to determine price and the difference between selling commodities and innovations.
Share your thoughts in the comments!
While it may seem like stress is coming at you from all directions, there are only two real sources:
- Stress we absorb from circumstances, and
- Stress we create for ourselves.
It’s important to recognize the two sources, because it gives us a little more control so we can choose a healthier response. Read more
I love the movie Terminator. I first watched it when I was in middle school, and even back then the thing that struck me was the Terminator’s focus. He had exactly one goal: kill Sarah Connor. Nothing else mattered. Kill everyone in a police station? No problem if it means he’s more likely to kill Sarah Connor. Destroy an entire clothing store? Didn’t care as long as he’s one step closer to killing Sarah Connor.
Any collateral damage he created in pursuit of his goal did not matter, because that’s exactly what it means to have one and only one goal. Read more
In the book, Principles, Ray Dalio talks about looking at the machine from the higher level. How does this apply to firms? In this video, I share how we do it for our firm.
Them: Oh, hey. Got a minute?
You (Crap! No, I really don’t.): Umm, sure.
Them: Gosh, I said I’d have my stuff in to you by last week, but I just couldn’t get it done. I’ll get it to you in the next couple of days, ok?
You (Oh-please-just-shoot-me): Well, ok. Read more