chowyonghan Author

A Poem About Responsibility

(Extracted from Scaling Up by Verne Harnish) This is a little story about four people named Everybody, Somebody, Anybody, and Nobody. There was an important job to be done and Everybody was sure that Somebody would...

September 8, 2019| Execution Read More

Business plan is overated

(Extracted from The Millionaire Fastlane by M.J. DeMarco) Your business plan is useless. The market (the world) will steer your business in unimaginable places that will violate everything about your business plan....

September 8, 2019| Execution Read More

$15 for a great idea. $1m for great execution

(Extract from Anything You Want by Derek Sivers) AWFUL IDEA = -1 WEAK IDEA = 1 SO-SO IDEA = 5 GOOD IDEA = 10 GREAT IDEA = 15 BRILLIANT IDEA = 20 NO EXECUTION = $1 WEAK EXECUTION =...

September 8, 2019| Execution Read More

Business

I started a business and had to learn along the way. As a CEO or Founder, you have a lot on your shoulders and a breadth of things to manage. Ultimately, there are minimally three things you must do very well. I got...

September 8, 2019| Business Read More

Contrarianism is rarely right

(Extracted from Learning to Embrace the Chaos & The End of History Illusion by Ben Carlson) Being a contrarian is one of the most seductive positions to take because it allows you to feel like you’re smarter...

September 8, 2019| Inversion Read More

Mental Models

We don’t see reality as it is. We form perceptions about how the world works.Like a map that tries to represent territories.Being cognitive misers, we rely on heuristics, making shortcuts in our thinking...

September 8, 2019| Mental Models Read More

Hack away the unessential

“It is not daily increase but daily decrease, hack away the unessential.” Bruce Lee...

September 8, 2019| Via Negativa Read More

Museum, not a warehouse

(Excerpt from Rework by Jason Fried) You don’t make a great museum by putting all the art in the world into a single room. That’s a warehouse. What makes a museum great is the stuff that’s not on the...

September 8, 2019| Via Negativa Read More

Systems learn by removing parts, via negativa.

(Excerpt from Skin in the Game by Nassim Taleb) Many bad pilots, as we mentioned, are currently in the bottom of the Atlantic, many dangerous bad drivers are in the local quiet cemetery with nice walkways bordered by...

September 8, 2019| Via Negativa Read More

Warren Buffett’s 5/25 Strategy

(Excerpt from MayoOshin.com)  A few years ago, before an airplane takeoff, Warren Buffett walked up to the pilot of his private jet, Mike Flint and jokingly said to him, “The fact that you’re still working for me,...

September 8, 2019| Via Negativa Read More

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