jpark's blog

What could make this plan go wrong?

What could make this plan go wrong?

What would happen if it did go wrong?

What would happen if it did go wrong?

 

Two vital questions

From Presuation

 

What could make this plan go wrong?

IF THEN WHEN

 

Reading Pre-suasion and one concept he gave for success is to state the if/then when.

 

Flavor of Crazy

What flavor of crazy are you?

Every company/entrepreneur believes something that other folks do not.   Otherwise there would be no change, no innovation.

Understanding where you see something different, How others will see you differently is one element that is advantageous as you interact in the market place.  

are scientists bad entrepreneurs?

Don't really know the answer to this one.

But I was talking with a classmate of mine who was teaching scientists, and I realized what was encouraged in science could be detrimental in business.

 

She was teaching her students how to think by taking a group out to the beach and telling them that low tide was at 9:22 and to find the tidal zone.

 

she gave one group 2 1meter long sticks

another group got 2 meter long sticks and 100m long string

a third group she gave basic surveying equipment.

 

Self quotes

I was looking up quotes from a prospect, and realized that there would be a simple way to understand my thinking in 2015.

 

No Customers = No Company.

Better != Good

Quicker/Faster/Stronger/Smarter/Better

Big audacious goals

"Every little bit helps" distracts resources from the real solution

 

The NDA question

Do you sign NDA/NC?

 

Or If you sign this NDA/NC we can give you more.

 

This is a challenging question to ask and answer.

 

In part, because the perception can be that if you’re asking for an NDA/NC then you don’t know what you’re doing.  Or that you haven’t been asking professional/institutional investors for a while.  Since most all will say no.

 

Iceland decides to not join the EU

http://www.bbc.co.uk/news/world-europe-31862988

 

I did predict that one nation would abandon its application to the EU.  I wasn't thinking of Iceland at the time, But it is the first time something like this has happened.  I don't think it'll be the last.  We may see a country leave the EU, and the currency, economic entity might be abandoned and reformed to reflect the real economic realities underlying the entity.

It seemed like a good idea at the time

Every investment ever made came down to this sentiment.  It might seem a terrible idea 1 second afterwards, but at the time of investment, it always seems like the right thing to do.

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