For anyone that grew up loving the #SciFi channel. Don’t you feel like we’re really living out the future now?
SpaceX, Fable shutdown by a sovereign nation…wild times.
Another data rich @Stifel report, this time on the biotech investor universe. “Despite rising rates and ongoing geopolitical uncertainty, we remain strongly bullish on the biotech market and see an ever-stronger set of issuers interacting with a growing and strengthening buyside to drive the production of important medicines”
@garrytan What this really emphasizes that perhaps is not as clearly said, is that "tasks" are no longer the most substantial element in work. Cognitive direction, clarity, taste, creativity, etc. become more of the work.
What defines work pulls into a different category.
"Develop the strength to do bold things, Not the strength to suffer." - Machiavelli
Putting up with garbage isn't heroic,
Taking action against it, is.
I’m in love with this sentence:
“The degree to which a person can grow is directly proportional to the amount of truth he can accept about himself without running away.”
Major life hack: Quiet progress. Learn to work without validation. No announcement. No hype. No applause. Build when nobody’s watching. Write when nobody’s reading. Train when nobody’s cheering. It doesn’t take talent. Just courage. Quiet progress creates loud results.
Life advice nobody told you: Talent and intelligence are overrated. Intelligent people are more likely to overthink, overplan, and overanalyze. They hide behind motion that doesn't create progress. They fear the judgment of others if they're proven wrong. The truth is that talent and intelligence are abundant. Courage is not. The people you admire are the ones who had the courage to act. They aren’t more talented than you. They aren’t smarter than you. They just took action when you didn’t. I often wonder how many extraordinary people wasted their entire lives waiting for permission that never came. Permission isn't granted. It's taken. You get to tap yourself in whenever you want. You can just do things.
Something common among the most successful people I work with:
They see something before anyone else sees it.
They know something to be true.
They are the first true believer, and they hang on to that belief, and build a whole world around it that shocks everyone.
Nobody tells you this: Intelligence is overrated. Intelligent people are more likely to overthink, overplan, and overanalyze. They create complexity rather than doing the boring thing that works. The people you admire have a violent bias for action. Courage beats intelligence.
One of life's rarest combinations: Someone who's ambitious but not anxious. Driven but not desperate. Focused but not frantic. That calm determination is magnetic. Goals without panic is mastery.
Best Advice during hard times: Have a routine.
Do not just sit in your challenges.
Do things outside. Leave your home. Force it.
You will work your way out much faster.
“I think I learn a little something from everything I’ve read. One reason I was economically successful is because I read so damn much. I don’t know how to get smart without it.”
— Charlie Munger
How are professional services thinking about value based pricing nowadays?
This vs. T&E was always a discussion point back when I was looking into it a decade ago.