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12. The Paradox of Consensus
When everyone agrees on something, it can lead to disastrous decisions.
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245 reads
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10. Legibility
We are oblivious to what we can not see. Not everything that matters can be measured, and not everything that’s measured has any significance. People manage what they can measure. So society keeps making the same mistakes.
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218 reads
8. The Law of Triviality
A group of people working on a project will argue over the tiniest of details. What is complicated will be overlooked. Instead of discussing the appropriate computer system, the team can quarrel about the colour.
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248 reads
9. Hormesis
A small amount of something might have the opposite impact of a large amount. A little bit of stress can help you wake up, but too much stress is harmful. Do not put too much pressure on yourself.
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218 reads
5. Compete to solve
Stay away from the competition. Focus on problems in an organization that would otherwise go unsolved.
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343 reads
3. Desire vs. Need
We emulate one another since we have no idea what we want. We crave the same things as other people instead of looking at our own needs.
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379 reads
Stepping Stones for Entrepreneurs
The apologue The Boiling Frog describes a frog being slowly boiled alive. The premise is that if a frog is dropped into boiling water suddenly, it will jump out; but, if the frog is placed in lukewarm water and slowly brought to a boil, it will not recognise the danger a...
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375 reads
13. Dozen+1
Delighting your guests with an unexpected present is the secret to good hospitality. If you are writing a series of tweets, include a bonus suggestion. I did that with this article.
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210 reads
1. Inversion
Rather than asking, “How can I grow my company?” you should ask, “What are the weaknesses of my company?” How can I work on them? Brainstorm with a list of things to avoid.
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400 reads
11. Personal Monopoly
Corporations encourage conventionality, but the Internet encourages individuals to be distinctive. If you work in a creative profession, strive to be the only one with your style and go with it. Make yourself some intellectual real estate.
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208 reads
7. The Window of Opportunity
Large gaps between rapidly evolving technologies and stale social standards create new business opportunities. For example, the launch of the iPhone was at the appropriate time in 2007. Google Glass was released too soon.
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294 reads
4. Talent vs. Genius
Society excels at developing talent but fails miserably at creating genius. Talented people can hit targets that others cannot. On the other hand, a genius can identify targets that others cannot see.
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342 reads
6. Opportunity Cost
When you make a conscious decision to do one thing, you also make an unconscious decision to do something else. Do something every day.
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346 reads
2. Hypocrisy
People deceive themselves about socially acceptable preferences by saying one thing in private and different things in public. Beware of such people.
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406 reads
CURATED FROM
CURATED BY
These ideas are important for any Entrepreneur who is relaxed about his/her business approach
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More like this
The paradox of choice
When it comes to getting things done, options aren’t always a good thing.
When everything is a possibility, it actually becomes harder to make the right choice. Meanwhile, when we place a constraint on ourselves, it can become much easier to get something done.
The tyranny of small decisions
It happens when we make small, rational decisions that end up removing options over time.
Small decisions can lead to bad outcomes. At some point, alternatives disappear, thus we lose our optionality.
Getting everyone to follow the norms
Group norms are most effective when everyone follows them. If everyone agrees to the norms laid out, it will be easier to hold each other accountable.
It is important to post your norms somewhere visible and refer to them often.
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