Your job is to get rid of clutter and rules and bureaucracy.

Curling is one of the great Winter Olympic sports. (Google it.) Running your business is akin to being the sweeper in a curling team. Your job is to clear the way for your “rock” (aka: business), so that it can move forward with minimum friction. Your job is to get rid of clutter and rules…

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The lies that losers tell

“I’m glad he left because I was going to fire him anyway.” “We were going to drop our prices anyway.” “It’s not our fault that we bought the wrong business.” Watch out for these lines. They’re the lines that losers tell to make themselves feel better about being bad businessmen. If you need to fire…

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The right thing and the safe thing are usually not the same thing

There will be many times on your journey when you will be faced with uncomfortable choices.Do you do the right thing?Or do you do the safe thing?The former has risk, but leads you to the Promised Land.The latter has no risk, but is a dead end.It’s not a hard decision.Always do the right thing.

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The rendezvous with reality

Most startup entrepreneurs are in dreamland. Fuelled by optimism and idealism, you are disconnected from the real world. That is natural. If you weren’t slightly insane, you wouldn’t have started a startup. What you have to look out for the rendezvous with reality. Also known as “running out of cash.” That’s where dreams are irrelevant….

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Do you think you can be Eminem?

No. Then what makes you think you can be Mark Zuckerberg?The odds of succeeding as a consumer tech entrepreneur are probably lower than those of succeeding as a rock star.You see the tech stars (Zuckerberg, Page, Bezos). You don’t the millions of failures.So your brain biases you towards an unrealistic perception of your chances of…

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The calamity theory of growth

Prof Richard Farson is credited with the calamity theory of growth, as follows:Calamities improve us as humans because they force you to reassess your understanding of your capabilities and goals.When you come out of a calamity, you are stronger and better equipped for the future.Same applies to startups.Every calamity helps you grow.Embrace calamities.

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You will live over 100 years…

Modern healthcare means there are pretty good odds of you living past 100 years.By law, companies force you to retire at 65.That leaves at least 35 years for you to keep yourself entertained, and more important, to pay bills.Most corporates don’t teach you how to fend for yourself in the wild (ie: survive without a…

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Wild dogs have the highest kill success ratio in the wild

Why? Because, unlike predators such as leopards and bears, wild dogs cooperate.Cooperation = coordination = success.Same applies to business.Teams beat individuals.Build a strong team, and you’ll win.

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Own your own risk

Every business is unique.So don’t follow someone else’s playbook.There is no playbook.Listen to advice, read books, learn as much as you can.Just don’t offload your risk to someone else.Own your own risk.

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Pivoting is not something to be proud of

Thanks to Eric Ries’ book, The Lean Startup, the concept of “pivoting” has become fashionable. Something to brag about. “We pivoted our business!” Mr Ries did not mean to encourage “pivoting” as a business strategy. He encourages it as a survival strategy. If you have to pivot, it means you are about to fail. If…

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Nurture your generosity gene

Be generous with bonuses. Be happy for other’s success. Be a cheerleader for promotions. Be generous. Be generous. Be generous. Jack welsh advice

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