Q: What’s more important than location? A: Distribution. In the “old world” location mattered for everything. It’s why you’ve probably heard the saying, “Location, location, location,” It influenced the people you met, the jobs that were… Read More »Location, Location, Distribution
Q: How does one of the best investors of our time think about investments?A: In decades, not days. Warren Buffett has a remarkable track record for investing, but not because of “unicorn” companies or wild-startups,… Read More »To Win Big, Think Long-Term
Q: Why do simple or obvious solutions often get overlooked?A: Leaders are embarrassed by how stupid the solution seems. Peter Thiel said, “…as an investor, you often want to find things that are so stupid… Read More »The “Too Stupid” Test
Q: What are the two forces that create abundance?A: Technology & Subsidy It’s easy to see that Americans today have more, do more, and expect more, than humans at any other point in history. But… Read More »Where Does Abundance Come From?
Q: How can someone exceed their salary cap? A: Leverage what you do to make money by what you don’t-do. Recording artists, athletes, and movie stars are leveraging their brand to make more than their craft… Read More »Craft as a Loss-Leader
Q: What framework should I use when making an acquisition/purchase decision?A: Use the “Principles of Multiple Use” to asses if the purchase helps create leverage. Tiago Forte (of Forte Labs) has a note for his… Read More »Principles of Multiple Use