Being involved in many businesses personally, and advising many more, I’ve seen a pattern that commonly afflicts entrepreneurs.
They have a great idea, they execute the idea, and they have a win.
But what’s the worst thing that can happen to you if you visit Las Vegas?
Because success is a bad teacher.
Entrepreneurs who have had a win with an idea often go on to only use their ideas to come up with future plans.
And they usually don’t keep winning. Because an idea is not a plan.
Ideas are important. We must spark ideas with imagination, but if we want to be successful we must fuel them with data.
Humans are tribal.
As humans we have an insatiable desire to explain untoward events so we can get on with solutions.
In any field, most of the rewards go to the top 5% of people.
I say please to Siri.
If a turkey were to assess the state of the world in early December, they would be forgiven for thinking all is well and that the farmer loves them.
We often compare today’s performance relative to yesterdays.
In summer I walked up to the Rob Roy Glacier near Wanaka.
There are two ways to find the limit.
When I was skiing professionally, I knew that standing on the edge of a cliff for longer didn’t make it any safer to drop.
On Monday I attended the funeral of a good friend of mine from medical school, Andy Greer. He died suddenly while working a shift at Christchurch Hospital. He was 40.