Want to be wealthy?

Well, why not behave the same way in which wealthy countries do. It’s a very simple formula:

Invest in health care & education.

The 3 wealthiest countries in the world by GDP per capita – Luxembourg, Norway & Switzerland, have outstanding healthcare and education systems which are largely government funded.

The two most valuable assets you can ever have are your health and education. If we’re healthy we can do anything. If we educate ourselves, we can always find ways to generate income.

For those about to argue about about wealth not being ‘economic’…then please refer again to what these countries invest in. Financial wealth is the outcome, not the driver.

Pictures

I try and use pictures on every blog entry.  

I use pictures every time I do a business presentation.

You might see something my words didn’t tell you.  

My words might tell you something my picture didn’t show you.

wheres-wally.png 

(Where’s wally?)

The silver bullet

Big business and Governments the world over constantly search for the big idea, the way forward, the next world beating innovation.  This viewpoint evolves from a mass culture of domination and power to the few. The military industrial complex where large investment, and owning infrastructure can create long term profitability, and ultimately control over constituents. 

If there’s anything to be learned from the internet and media revolution, it’s that the silver bullet has disappeared. It’s not the answer. Fragmentation is inevitable.

 

The answer lies in the aggregation of ‘collective yet differentiated’ resources. Aggregation is how we can overcome and take advantage future fragmentation. This is how the business opportunities of tomorrow will evolve.

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The energy / oil / enviro / climate crisis faces the same future…. and I’m betting that the answer isn’t a single substitue for the barrel of oil.    

The difference between ‘Innovation & Different’

While watching entrepreneurs pitch their business earlier this week at the Pitch Club in Melbourne Australia, and colleague and I were disappointed at what some people believe to be innovation.

   

Shannon from Shannon says and I agreed that what many people call innovation is simply – different.

Here’s a clear delineation of the two which is a startup blog mashup of multiple dictionary definitions.

Different: unlike in form, quality, amount, or nature. Distinct or separate. Unusual or differing from others.

  

Innovation: a creation, new device or process. The result of study and or experimentation which improves the desired outcome / usage of said device, process or creation.

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Sometimes we only need to understand the true meaning of our words to determine if we are ‘on track’.

Quote – Larry Page

larry-page.pnglarry-page.pngLarry Page said:

 

There is a phrase I learned in College called ‘having a healthy disregard for the impossible’. That is a really good phrase. You should try and do things that most people would not.

larry-page.png          ….squint to see Larry….

     

Chances are we’ll still fail to do the impossible most times.

If we don’t try we are certain to fail every time.

Slow is the new fast

WAS (fast) IS (slow)

Fast food, take out

Slow food, cooking, dinner parties

‘Super’ market, processed food, discounts, shelf life, conveniencve

Growing vegetables, farmers market, gourmet food, butchers, real ingredients, less packaging, joyful inconvenience and hence quality

Get rich quick, money making schemes, flipping –shares & property assets, asset accumulation

Passion jobs, wealth in doing, not keeping score, grand designs, experience accumulation

Instant coffee – isolated ergogenic aid

Café latte, macchiato, espresso cappuccino – discussion and social facilitation.

Cheap, more, value

Premium, less, gourmet,

Doing more, expectations

Taking time, internalizing

Ladder climbing, competition, job hoping

Ladder building, collaboration, sabbaticals

Long hours, skipping meals, avoiding exercise, financial objectives, excuse making

Work (no such thing) ‘life’ balance, not skipping anything worth doing. Late on purpose.

Spending less on more

Spending more on less

Pay rates, fringe benefits, promotional opportunities

Mind growth, real flexibility, independence

  

This is some, not all…. but all follow the path. Feel free to add ‘some’

What path is your start up on? The slow path or the fast path?

*reader warning. (none of the above refers to doing reacting slowly in your startup. Just the ’real’ trend of getting our lives back)