My parents were entrepreneurs, the unaccomplished kind residing in the white space of survivor bias, never appearing in HBR articles and McKinsey case studies. The bloody corpse of their business and their likes fertilize the ground upon which your empires of prosperity now stand. Like all entrepreneurs they have an ability to spot and visualize … Continue reading Theranos, Fyre, and the dangers of confusing vision with mission
Tag: Management
Work Thoughts: Management Debt
Debt is not necessarily a bad thing. The ability to borrow from another’s surplus, or borrowing from your own future surplus, so long as it is founded on prudent optimism, creates the virtuous cycle upon which stands the capitalist faith. But debt based on unfounded speculations or deceit is what gets us into bubbles. It’s … Continue reading Work Thoughts: Management Debt