Most people go on vacation and come back with a clear mind and rejuvenated spirits. But John Wood, a former Microsoft executive, came back from Nepal completely changed: his worldview had been challenged and he now had a strong desire to change his career completely.
Today’s dynamic, ever-changing economy requires a businessperson to be aggressive to keep up. Once-thriving markets can disappear at the drop of a hat, and previously ignored backwaters can transform into moneymaking tidal waves in moments. Only those with their finger on the pulse of industry will succeed.
With the help of his mentor, Benjamin Graham, Warren Buffett learned the important difference between how much a company is really worth and how much it’s selling for. An aptitude for discerning this difference, combined with a steadfast refusal to succumb to trends and a keen understanding of numbers, is what allowed Buffett to accrue a fortune exceeding $66 billion.
Uncertainty is something that we all fear, and it’s especially important for creatives and professionals to learn how to deal with it. By practising some specific techniques and receiving regular feedback, we can learn how to face our anxieties and cope with uncertainty.
The culture of a company is one of its most valuable attributes, but building a culture that an entire organization can embrace is no simple task. Using an organizational constitution to formally outline an entity’s purpose, values and associated behaviors can provide a clear and organized format for any group to rally around.
When you’re developing an idea, it’s OK to face limitations, as these are often a springboard for creativity. At the same time, you should be prepared to take big risks and learn how to handle inevitable failures. Once you’ve realized your idea and created your product, continue perfecting it by being open to other people’s criticism and establishing win-win deals with partners, employees and users
