SMALL JOURNEYS: WHAT SHOES WILL YOU WEAR?

15 years ago I bought a pair of shoes. Just last month I lost them. Why is this newsworthy? Give me a minute.  I bought them in a local Kansas shop, in a town where I used to live: lime green Asics with yellow stripes. At the time, I was just starting to gain traction in my business life, but far more importantly, my son was about to be born. I didn’t intend for these shoes to become so sentimental to me, but they soon did.  Born after 38 hours of labor, my wife at the time doing the hard work (obviously) and me just pacing back-and-forth, back-and-forth, basically wearing a hole in the floor of the birthing center with ...

The Myth of the Risk-Takers

April 8, 2010 | 0

In a recent piece in one of my favorite mags, the New Yorker titled “The Sure Thing,” Malcolm Gladwell, the king of countering widely held American assumptions, wrote that risk taking is not actually a widespread quality among hugely successful entrepreneurs. In fact, it’s just the opposite. Major entrepreneurs like Ted Turner and John Paulson are in reality so risk averse that they take—or took, when accumulating their massive wealth—all possible precautions to reduce risk. Big-time entrepreneurs, Gladwell suggests, are not the kind of wild gamblers who, because they have the courage to take big risks, eventually make a lot of money. They are more akin to the MIT Blackjack Team, from the book “Bringing Down the House,” or the movie with Kevin Spacey “21,” who discovered the game of blackjack was legally beatable, if you applied certain mathematical principles to it.

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I'm Jay Kubassek

I’m Jay Kubassek, entrepreneur, investor, father and believer in bigger things. While I live the exact life I want, and with purpose...

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