My favourite line from Rich Dad Poor Dad

A buddy suggested I read Rich Dad Poor Dad in 1997. That book taught me a lot and put into words many thoughts and feelings I had. My favorite line is: _____________________________________ Money may not be the most important thing in the world but it affects everything... Your food Your health Your lifestyle Your education…

It’s all about the effort

Insufficient effort leads to wasted work. If you do a poor job, the roof leaks, the food is not delicious, and the car won't start. Insufficient effort is a waste of time. The industrial capitalist's goal is to work hard enough. Maximise value with little effort. Just do what you are told, no need to…

Innovate best solutions

Your audience can tell you about their problems, but they are unable to tell you about the solutions they need. People can articulate their frustrations clearly, they can tell you what they don't want, but are not so excellent in telling you what they want. People are great at expressing their grievances and telling you…

Building your ark

For decades, Warren Buffett and Charlie Munger have been recognised for their wise counsel. As a result, their opinions and statements have become legendary in the financial and business community. A less well-known Buffett quotation is his Noah rule, which states: Predicting rain doesn’t count, building arks does. Buffett only mentioned it once. In Berkshire…

A perpetual student

Every time I used to think that I know everything, I always had to stop myself. Qualifications have a way of making you think that you know everything and other people may not know as much as you. Since then, I have learnt that having credentials is excellent, but that does not imply that you…

The feeling, thinking customer

To save time, one of my buddies at varsity used to brush his teeth while bathing. How much time does he save? Not much. Incorrect question. No matter how much time he saves, his morning habit continues because he believes he is saving time. We spend a lot of time attempting to change people's opinions…

What do your customers really care about?

It is now hard to develop goods and services without taking into account the beliefs of your prospective customers and knowing what they are willing to pay for them. It is becoming more important to people to consider what their choices, and the products and services they consume, purchase, share, or connect to, say about…

Get inside your customer’s head

Every startup is under the assumption that it must advertise to everyone. As a result, we make compromises to get sales numbers on the board. Our best work, however, is not possible until we generate the guts and conviction to begin serving our ideal consumers. Not everyone is your customer. There is no customer called…

The difference between something and nothing

Best predictor of future success is what has been done in the past. It doesn't matter how small they are. Whenever I talk to people who might start a business, I'm more interested in what they've done than what they'll do. Every time you talk about doing something, but don't do anything, you're not really…