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Consulting is a labor-intensive business; thus on paper, it’s not scalable. The more clients you serve, the more consultants you need to hire. And so how can you possibly play the game of capitalism—which is all about increasing returns to scale? Well, you hire mostly juniors, make them work very hard in exchange for a relatively small amount of... See more

Our society assigns us a tiny number of roles: We’re producers of one thing at work, consumers of a great many other things all the rest of the time, and then, once a year or so, we take on the temporary role of citizen and cast a vote. Virtually all our needs and desires we delegate to specialists of one kind or another — our meals to the food

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Know what you're optimizing your life for.

The biggest app in this space was Astrology & Palmistry Coach, which generated 35.3% of the top 10’s revenue for the year, or approximately $14 million.

Step Three: Unbundle Degrees, Create Tracks

Wikipedia had to deal with unique problems, since anybody could edit. With its popularity, spam and shameless self-promotion became a constant problem. These were challenges predecessors didn't have to face. Pasting a sales brochure into the Web pages of Britannica was impossible, yet this phenomenon was a continual battle for Wikipedia's... See more