You believe you are smart, rational and always taking the best decisions the situation permits. Well, think again.
Richard Thaler, the Nobel Laureate economist thinks otherwise and Eshe Nelson says, you would do better to pay attention.
I love to dig through Jason Cohen’s (CTO WP Engine) posts and look what I found – The Fermi estimation for Startup business models. This is an interesting and quick method to figure if your estimates have any legs at all. So what is Fermi’s Problem? Wikipedia says “ The estimation technique is named after physicist Enrico Fermi as he was known for his ability to make good approximate calculations with little or no actual data. Fermi’s problem typically involve making justified guesses about quantities and their variance or lower and upper bounds.”
We have all heard it before. Why we strive to be the one to be disrupting – build the next Door dash, AirBnB, why Amazon even. Noam Cohen in his piece ‘Seeing Through Silicon Valley’s Shameless Disruption’ in Wired provokes some critical thoughts.
Too many things to do, too little time. Most entrepreneurs feel this pressure on a daily basis. Managing time (as a person or as an organisation) is a challenge. Continuing my readings on Time, I found this post by Josh Spector making 3 great points: