business challenges

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Canabalize your ideas

It’s not wording that paints the best mental picture, I know (maybe the unassuming Pac-Man imagery will soften the edge), but it is a notion that ultimately leads to a better outcome. The idea for this post struck me while reading Walter Isaacson’s biography about Steve Jobs. The relationship he had with ideas — even his own, was uncommon. When he came up with an idea he was never afraid to start attacking it — even if the idea has costly short term implications. A well-known example was…

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Every person is a personal business

It is interesting to see how most people draw distinctively different lines between business and their private lifestyle. Personally, I see many striking similarities. Founding a company is merely a parallel to something more important: your “personal business.” A quality business requires adaptability, thriftiness, discretion, management, a degree of speculation, and resourcefulness.  Does a happy…

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