June 2011
8 posts
This divide between [the Smithian and Schumpeterian model] can be placed at...
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There was something beyond sort of what you see everyday. It’s the same...
– Steve Jobs talking about the spirit of the 60s from minute 29 in this video
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Beware of Local Maxima
Site owners often A/B test the design of their websites with the goal of increasing the conversion rate of sign ups or sales or some other metric. Site owners often can encounter local maxima. Local maxima are, as the photo demonstrates, like the peaks of small mountains when there are larger mountains surrounding the point that you are at. One interesting feature about local maxima are that in...
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Find The Right Market For You
Chris Dixon recently wrote about the importance of founder/market fit. This concept doesn’t only apply to founders, it can be very helpful in choosing which startup or company to work for. Whatever industry you choose to work in, you begin to develop expertise in that industry and thus more opportunities will open up and you will start to achieve “founder/market fit” in that...
Salman Khan Presents His Vision of The Ideal...
Salman Khan in his recent talk at LinkedIn was asked how he would reinvent higher education and what he thought about Peter Thiel’s 20 Under 20 Program. In response, he shared his image of the ideal university for the modern world. He shared his vision for a university complete with students that get paid for real-world work, self-paced learning fashioned after the Khan Academy and advisers...
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A Video Summary of Robert Cialdini's "Influence:...
I recently listened to an interview of Salman Khan where he encouraged people to share their knowledge with the world in the form of short, easily digestible videos. Listening to that interview made me decide to create this video, a summary of one of my favorite pop psychology/business books. It is a combination of a review and a summary with the weight on the latter. Enjoy!...
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The Flaw of The "I can turn it on whenever I want"...
“The best time to plant a tree is 20 years ago. The second best is now.” Chinese proverbThere are many excuses that people have for not doing what they know they should and what they really want to do. One especially dangerous excuse I call the “I can turn it on whenever I want” excuse. I know, the name needs work but it gets the message across. Whether it is starting to exercise and...
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Don't Eat The Marshmallow
In the 1960s a series of experiments were conducted on young children, now known as the “marshmallow test”. The young children were each offered a marshmallow and told that if they could wait a few minutes they would be given another marshmallow. The videos of the experiments make for great entertainment and the results have had a large impact on the success of peoples’ lives....