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HOW CAN ONE PERSON BE HUGELY MORE VALUABLE THAN ANOTHER?

HOW CAN ONE PERSON BE HUGELY MORE VALUABLE THAN ANOTHER?

Every venture capitalist knows there is nothing more important in a new business than its people, and that the people can make a difference of thousands of times to its future value.  That’s all very well in practice, but how does it work in theory? Nobody has really explained the paradox that individuals can’t be many times as intelligent as one another, and yet that in business at least...

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HOW WALT DISNEY FUNDED HIS DREAM

HOW WALT DISNEY FUNDED HIS DREAM

This week we’ve been reminded about the formidable financial power of the empire founded on Donald Duck.  But when Walt Disney had the idea for Disneyland, he had to dig deep into his own pocket to get the idea going.  You see, his brother Roy started out by thinking it was a crazy idea, and he got the board of The Disney Company to oppose the idea.  In the end, Disneyland was the creation...

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WE NEED A NEW WALT DISNEY

WE NEED A NEW WALT DISNEY

“In the end, Disneyland was neither just a park nor even an experience.  It was also a repository of values.”  So writes Neal Gabler is his landmark biography of Walt Disney.  Reading about Disneyland this week set me thinking about the state of America today, about the importance of widely-shared myths of identity, and about the power of imagination to distort and to simplify...

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A HOBBY IS GOOD FOR YOUR LIFE & CAREER

A HOBBY IS GOOD FOR YOUR LIFE & CAREER

Every year in November, four people who are friends and also business partners gather in rural Portugal to discuss – whatever we want. We go on walks in pretty countryside and chat as we walk, discussing a topic, and, most importantly, accompanied by one or two dogs. This year Greg surprised us by announcing he wanted to talk about hobbies.  Hobbies?  What, I thought to myself, is the point...

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FIND YOUR PLACE IN THE 80/20 FUTURE

FIND YOUR PLACE IN THE 80/20 FUTURE

1: ONLY WORK IN NETWORKS The future belongs to networks.  Therefore only work in a network business or a not-for-profit network. Networks thrive on positive feedback – the famous get more famous, the rich get richer, leading companies become virtual monopolies, and the skilled specialist goes further and further ahead of her less experienced rivals. Networks exhibit galloping 80/20.  Network...

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WHICH TYPE OF CAREER WILL MAKE YOU HAPPIEST?

WHICH TYPE OF CAREER WILL MAKE YOU HAPPIEST?

You should certainly be clear about what you enjoy doing, and whether you can incorporate this into your career.  But ‘what’ you do is only one element in the equation.  Consider also the work context within which you operate and the importance or relative unimportance to you of high professional achievement. These may be more important than the ‘what’ in leading to happiness at...

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