Most businesses begin with ideas about products and services. But often, during the development process, too much emphasis is placed on product features. The product is important, of course. But it should always be secondary to your business objectives. With the right objectives in place, the product team will have its marching orders. They will […]
Move the Goalpost
We take it for granted that our wants and needs change as we age. Yet many people assume it’s best to pick one financial strategy and stick with it for life. That’s a mistake. The best planners rethink what financial wholeness means to them at different stages of life. A good evolving financial plan is […]
High-Performance Investing, Starting Now
A given business falls into one of three areas: it’s at the center of your circle of competence, near its edge, or outside it. You should always ask where a company falls with regard to your circle before you invest in it. Companies that are outside your circle of competence can be tempting, though. Too […]
The Golden Age of Banking
Michael Jordan. Kobe Bryant. Dwyane Wade. The world-renowned trainer Tim Grover has examined some of his most fascinating experiences with NBA superstars, and distilled the wisdom we need to rise to greatness. These days, financial power is widely distributed among American, European, and Japanese corporations. But much of this complex global system can be traced […]
To Get Rich, Start Today
No excuses. To get rich, you must start today. The most common reason people give for not getting rich is their age. Young people worry about their lack of experience and capital. Older people worry about risking what they’ve already achieved, including their established reputations and security. Whatever stage of life you’re in, there will […]
Why You Should Work Backwards
Jeff Bezos is a great leader. But he didn’t become the richest man in the world because he knows how to lead. Bezos got rich because he’s an excellent follower, chasing the desires and demands of his customers to a borderline-obsessive degree. One of the foremost leadership principles at Amazon is catering everything to customers’ […]
Learn Anything in 5 Easy Steps
Everyone has what it takes to push past their limitations and learn something new. You just need to have a plan. These five steps have been designed to help you teach yourself any about any topic. Step 1: Learn more. Choose five books on your chosen subject. Start with a book that’s approachable and popular, then […]
How Elon Musk Built SpaceX
In 2002, Elon Musk founded SpaceX with $100 million of his own money. Musk had a very ambitious goal for the first privately funded rocket company in the world: to send humankind to Mars. Musk wanted to hire people who were as passionate as he was. They worked hard, but they also got along well, […]
Jeff Bezos Is Less Powerful than You Think
People who have power can make others do something—or make them stop. It’s a simple concept, but the way it works is always changing. Fluctuations in the global economy, politics, demographic patterns, and the Internet have completely restructured how power works in the 21st century. The ever-growing wealth gap in the United States has fed the […]
How to find answers faster
As a leader or a leader-in-training, you’re already taking proactive steps to identify most problems before they happen. But let’s face it: no one can prevent every issue. So you also need to make sure that your problem-solving skills stay sharp. Speed and agility are two of the secrets to effective problem solving. Instead of spending […]
