long-term thinking
musings on long-term thinking in a shortsighted world. we overestimate what we can do in a year, underestimate what we can do in 10 kinda thing.
Juan Orbea and
long-term thinking
This a very interesting read on long-lived institutions. A few facts: most of the oldest companies in the world are in Japan. 90% of the companies that are over 200 years old have 300 employees or less, they’re not mega companies
The reason I say, "Listen, man, you guys should be reading Estee Lauder's autobiography", is because it is my belief that if you were able to bring her back from the dead and let her start a company today, she'd be kicking most entrepreneurs ass, up and down the court, Edwin Land too. Edwin Land started working on what would become Polaroid when he... See more
Patrick O'Shaughnessy • Passion & Pain
The fact is, star brands take time to grow. Take some of the small makeup companies we have acquired recently, like Bliss and Urban Decay. When we bought them, they were little start-ups run by their founders—very simple businesses, but with a lot of originality in the products. So now we know we must nurture them until they have some history. But
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