Given the number of people trying to get on the money-making bus, there is a progressive accumulation of Black Swan risks in such systems. Then, boom, the systemic blowup happens. Nassim Nicholas Taleb Black swan, Business, Failure, Money, Risk You May Also Like If you make a product good enough, even though you live in the depths of the forest the public will make a path to your door … But if you want the public in sufficient numbers, you would better construct a highway. Advertising is that highway. By WILLIAM RANDOLPH HEARST Advertising, Business, Entrepreneurship, Sales There is only one valid definition of business purpose: to create a customer. By PETER DRUCKER Business, Business development, Customers, Success Marketing is trying to figure out what people want so you can give it to them. By Shelly Lazarus Business, Marketing Men are more often bribed by their loyalties and ambitions than by money. By Robert H. Jackson Ethics, Money, Morality Nothing is more humiliating than to see idiots succeed in enterprises we have failed in. By Gustave Flaubert Confidence, Failure, Memorable, Success People who are bred, selected, and compensated to find complicated solutions do not have an incentive to implement simplified ones. By Nassim Nicholas Taleb Bureaucracy, Business, State, Success, Wise You May Also Like from Nassim Nicholas Taleb Start by being nice to every person you meet. But if someone tries to exercise power over you, exercise power over him. By Nassim Nicholas Taleb Advice, Memorable, Strong, Thoughtful, Wise Things designed by people without skin in the game tend to grow in complication (before their final collapse). By Nassim Nicholas Taleb Skin in the game, Wise Not everything that happens happens for a reason, but everything that survives survives. By Nassim Nicholas Taleb Life, Wisdom, Wise If your private life conflicts with your intellectual opinion, it cancels your intellectual ideas, not your private life. By Nassim Nicholas Taleb Life, Meaningful, Thoughtful, Wise Never discount anything that allows you to survive. By Nassim Nicholas Taleb Life, Risk, Success, Wisdom, Wise Skin in the game prevents systems from rotting. By Nassim Nicholas Taleb Business, Life, Powerful, Skin in the game, State
If you make a product good enough, even though you live in the depths of the forest the public will make a path to your door … But if you want the public in sufficient numbers, you would better construct a highway. Advertising is that highway. By WILLIAM RANDOLPH HEARST Advertising, Business, Entrepreneurship, Sales
There is only one valid definition of business purpose: to create a customer. By PETER DRUCKER Business, Business development, Customers, Success
Marketing is trying to figure out what people want so you can give it to them. By Shelly Lazarus Business, Marketing
Men are more often bribed by their loyalties and ambitions than by money. By Robert H. Jackson Ethics, Money, Morality
Nothing is more humiliating than to see idiots succeed in enterprises we have failed in. By Gustave Flaubert Confidence, Failure, Memorable, Success
People who are bred, selected, and compensated to find complicated solutions do not have an incentive to implement simplified ones. By Nassim Nicholas Taleb Bureaucracy, Business, State, Success, Wise
Start by being nice to every person you meet. But if someone tries to exercise power over you, exercise power over him. By Nassim Nicholas Taleb Advice, Memorable, Strong, Thoughtful, Wise
Things designed by people without skin in the game tend to grow in complication (before their final collapse). By Nassim Nicholas Taleb Skin in the game, Wise
Not everything that happens happens for a reason, but everything that survives survives. By Nassim Nicholas Taleb Life, Wisdom, Wise
If your private life conflicts with your intellectual opinion, it cancels your intellectual ideas, not your private life. By Nassim Nicholas Taleb Life, Meaningful, Thoughtful, Wise
Never discount anything that allows you to survive. By Nassim Nicholas Taleb Life, Risk, Success, Wisdom, Wise
Skin in the game prevents systems from rotting. By Nassim Nicholas Taleb Business, Life, Powerful, Skin in the game, State
