Thriving in Changing Markets
joincolossus.comSaved by Bryant Wu
Thriving in Changing Markets
13 Lessons from Les Schwab:
1. Get the Incentives Right: Les gave store managers 50% of profits but made them keep every penny invested until their stake equaled his. "If I share half but the store is more successful, my half is worth more than my whole used to be." By locking in their wealth, he ensured they'd think... See more
Shane Parrishx.comIf someone asked me to give investing advice to a 30-year-old today who had just made their first million, I would first point them somewhere else. I’m not a financial advisor and don’t think I’m qualified to give anyone financial advice. The particulars matter too much. But if they insisted, I might say:
(1) If you... See more
Tim Ferrissx.com
Exploring philosophies on ambition, self-discovery, financial freedom, and motivation, drawing insights from figures like Larry Ellison.
TRANSCRIPT
And finally, I just want to share two final ideas. I think these are two of the most important ideas in the book and two of the most important ideas that have come out of Larry Ellison's mouth.
Whenever I got too close to a goal, I'd raise the bar for fear of actually clearing it. We're endlessly curious about our own limits. The process of
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