Tuesday, April 24, 2018

The Uncomfortable Truth About Entrepreneurship That Nobody Wants To Talk About | Inc.com

The Uncomfortable Truth About Entrepreneurship That Nobody Wants To Talk About | Inc.com:

We all want to believe that our ideas have value, that they can change
the world. And, after all, it's ideas that spark the entrepreneurial
journey. Wrong. The world is not lacking ideas. There is no greater
commodity. In fact, their abundance makes ideas pretty much worthless.What's
far more valuable, to an entrepreneur, than a good idea, is their
commitment to execution. They will endure any hardship to bring their
idea to market and prove that it has merit. You see, the level of
commitment to execution means that everything else takes second
place--often a distant second place. While we love to talk about life
balance, mindfulness, making time for what's important, taking care of
your physical and mental well-being, the reality is that I've yet to
meet a successful entrepreneur who has not made sacrifices that are (at
least for some reasonable period of time) diametrically opposed to those
ideals. Ignoring that reality offers an incredibly naive view of what
it means to be an entrepreneur.

How Humble Leadership Really Works

How Humble Leadership Really Works: Top-down leadership is outdated and counterproductive.

Monday, April 16, 2018

How to Save a Meeting That’s Gotten Tense

How to Save a Meeting That’s Gotten Tense: Regardless of what’s happening in your specific meeting, the principal cause of most conflicts is a struggle for validation. This means that most conflict is not intractable because the root cause is not irreconcilable differences, but a basic unmet need.

Top 20% of Americans Will Pay 87% of Income Tax - WSJ

Top 20% of Americans Will Pay 87% of Income Tax - WSJ: One of the least discussed parts of America’s income tax is how progressive it is, and the tax overhaul didn’t change that fact. In 2018, top earners will pay a higher share of income taxes.

Tuesday, April 10, 2018

Your Strategic Plans Probably Aren’t Strategic, or Even Plans

Your Strategic Plans Probably Aren’t Strategic, or Even Plans: An “objective” is something you’re trying to achieve — a marker of the success of the organization. At the other end of the spectrum is “action.” This occurs at the individual level — a level that managers are presented with day after day. So naturally when they think “strategy” they focus on what they do. But this isn’t strategy either. “Strategy” takes place between these two at the organization level and managers can’t “feel” that in the same way. It’s abstract. CEOs have an advantage here because only they have a total view of the organization.

Tuesday, April 3, 2018

Taming the Epic To-Do List

Taming the Epic To-Do List: You need two of them, plus a list of things you’ve decided aren’t worth your time.