“If we do not change our direction, we are likely to end up where we are headed. ”
—CHINESE PROVERB
All my best,
Jay Kubassek
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Last week, I discussed how the cancellation of the Microsoft Kin (the most recent terrible blunder in a series of terrible blunders) was indicative of …
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How Social Media has changed Philanthropy.
This past December I received an email from a desperate mother whose daughter was attending Wheaton College on scholarship. She wrote to me, after a …
How Social Media has changed Philanthropy. Read More
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The Myth of the Risk-Takers
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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Awesome quote Jay and so true.
I’ve published a blog called ‘The 4 Internet Marketers Who Changed My Life’ Your good self and Aaron are number 1 on the list.
Check it out here if you have a spare couple of minutes.
http://thedceffect.com/Blog/?p=133
Have an awesome day!
Daniel Carmichael