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Why Big Organizations Struggle While Startups Thrive
Big organizations can't compete with startups having 1% of their resources. Not because they have too few people (or resources), but because they have too many. When you have lots of people, first, you stack them up in a hierarchy. Now, each person...
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Just play your cards well
Think of someone you really, really envy. It could be anyone -- a billionaire, a film star, a Nobel laureate, or even a Buddhist monk. Have you...
The trap of external validation
I know an ex-civil servant, who joined three political parties with diametrically opposite ideologies, to end up in one of the highest positions in...
Stop planning, start doing
I have seen people adopt two distinct approaches when they want to start meditating: Approach 1: Sit down and meditate. Approach 2: Research lots...
Tips to regulate social media usage
You don't have to quit all social media, though some people I admire (e.g., Cal Newport) are big proponents of that. In the last few years, almost...
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It is too late when we decide it is too late
When is it too late to start something? Today, I came across this guy called Lew Hollander, who At 82, finished the Hawaii Ironman and held that world record for a while. He has run more than 100 ultramarathons and extreme events. Today, at 94, Lew...
Victory is born in our mind, so is defeat
You must have heard a lot of wisdom along the lines of, "Here is what you should do in your 20s." Often, one hears things like: Learn aggressively, try things you are scared of, make mistakes Build relationships and network Explore ideas that seem...
The power of simple finance
A Wharton professor, who taught us valuation, once told this story of Merton Miller, who won the Nobel Prize in Economics for his work on the Miller-Modigliani theorem. At that time, our professor was a student at the University of Chicago, where...
If you can’t explain something, don’t do it
A long time back, I was part of an online group of (supposedly) entrepreneurs and investors. About half the chatter in that group was about crypto but there was zero logic in the discussion. Some day people would exult when Bitcoin went up. On...