
How to Make a Few Billion Dollars

I don’t think we’ll need a human insurance broker in ten years. Also, at some point in the not-too-distant future, I can see AI replacing much, if not most, of what paralegals and even lawyers do. Many jobs in journalism, advertising, and other communications are likely to become obsolete—and, ironically, AI also puts tech jobs at risk, including
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Inside my home’s entrance hall is another piece of art, this one called Cluster by Chicago artist Lincoln Schatz. It’s comprised of four adjacent TV monitors with a webcam that starts recording whenever there’s motion in the frame. A hard drive holds 25 years of video that plays back on a monitor, superimposing four different feeds—two recent and
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Where are the inefficiencies in the process that created this problem? Where can my team reduce operational defects with Lean Six Sigma? Do I have the right people in place in key positions?
Brad Jacobs • How to Make a Few Billion Dollars
My goal is to have every position in the company filled by an A player.
Brad Jacobs • How to Make a Few Billion Dollars
Don’t be cheap with what you pay for talent. Tie compensation to performance.
Brad Jacobs • How to Make a Few Billion Dollars
A CEO who waits for perfect terms and ideal conditions before acting creates corporate constipation. I critique myself on all high-value decisions, scanning constantly for prejudices that might be skewing my reasoning—but not to the point of procrastinating just because things are imperfect.
Brad Jacobs • How to Make a Few Billion Dollars
Make your hiring choices as perfect as they can be because there are few mistakes costlier than hiring the wrong person.
Brad Jacobs • How to Make a Few Billion Dollars
Life can be uncomfortable, but you can accomplish a lot if you can figure out how to reframe the uncomfortable things in ways that allow you to utilize them.
Brad Jacobs • How to Make a Few Billion Dollars
When I notice I’m feeling anxious about something, I ask myself a basic CBT question: “What’s the worst that can happen, and how would I cope with that?” Or, “If a friend had a similar worry, how would I advise them to handle it?” By putting distance between myself personally and the source of the anxiety, I can think more objectively about
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