Woody Allen said “80% of success is showing up.” To which @howes28 added, “and the other 20% is refusing to leave.”
I think about that a lot when companies run into tough times. So much of long term company success is built on the team simply persisting.
If you look around, you’ll notice the people and organizations moving the fastest are the focused ones. Not only do they focus on a few ideas, but within the scope of those ideas, they are able to focus on the key variables.
Gaming is expanding its reach into every part of our lives (education, medicine, music) and is becoming the foremost battleground for the future of big tech. This strikes me as analogous to the Facebook story from above. The market clearly believes video games represent a valuable opportunity, but may be underrating the scale by orders of... See more
The secondhand industry is complex and opaque, and many consumers, even secondhand consumers, lack understanding of how most charity thrift stores function in our current society. Charity thrift stores have been around for centuries. The secondhand clothing industry has long been marketed to consumers as a form of charity but it has always been a... See more
When the option value of minimizing transaction costs by keeping employees around outweighs the deadweight loss of people stuck in an Office Space-inspired corporate purgatory, you end up with bullshit jobs.