The history of progress is the continued commoditization of once-scarce things.
Commoditization is the mechanism of compounding . It’s only by turning previously rare and unwieldy things into building blocks that we can build bigger and bigger things.
Its biggest beneficiaries are those who recognize what’s becoming commoditized and what will become... See more
Many people pretend they do. Often they don’t because their ego and fear of failing get in the way. There is a close inverse correlation between ego and self-confidence. The latter is also an excellent indicator of resilience. Last week, a new study on the characteristics of unicorn founders found unlimited self-belief to be one of the three... See more