Make Mistakes, Just Not Stupid Ones “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” -Charlie Munger More great advice from Charlie Munger, HOWEVER…not being stupid is NOT the same as not making mistakes. Fear of making mistakes [...]
What Do Tim Tebow, Le’Veon Bell And John Boyd Have In Common? Tim Tebow took the Denver Broncos to the playoffs in 2011. He took over the quarterback job after a 1-3 start under another quarterback and took the team to a win in the first round of the playoffs. Tebow never got another start [...]
Ask... ...forgiveness for a failed, brave idea (but not permission to pursue it). ...for a peer’s perspective. ...for a leader’s lessons from their journey. ...for a customer’s feelings about your product or service. ...why not when your idea is rejected. ...why until you get to the root cause.
Charlie Munger: “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent. There must be some wisdom in the folk saying: ‘It’s the strong swimmers who drown.’ ” -From Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway's [...]
There Is a Secret to Profitability in The Online Age and You Probably Already Know It On a recent shopping trip (an infrequent event for me) to Downtown Summerlin for dress slacks I visited Macy’s and Dillard’s. My perception prior to the trip was that these two retailers were very similar. Indeed, in terms of [...]
5 Lessons from the Trump Campaign Most business people are thinking about the impact of Trump's presidency on their business. We may be able to have a greater impact on our businesses by focusing on lessons from his winning campaign strategy. When an outcome so shocks the common wisdom, there must be factors at play [...]