FVS 49: You Are The Average Of The Five People You Spend The Most Time With
The people you habitually associate with determine as much as 95 percent of your success or failure in life.
relationship development
III. The Dating Deadline
“I’m the woman I made fun of in my twenties, early thirties, even.”
“Women in their thirties, especially the busy ones, have to make an effort.”
“When you’re happy by yourself being alone isn’t lonely, it’s a relief.”
“At what point do we sacrifice romance for fertility?”
___________ This is not a regular read. But I read it and thought it was interesting to share. The perspectives are slightly American but it’s still slightly relevant. Does dating have a deadline? Well, It kinda like does… I think
venture development
IV. Notes on 7 Powers
“The 7 Powers are Scale Economies, Network Economies, Counter-Positioning, Switching Costs, Branding, Cornered Resource, and Process Power.”
“Scale Economies: Per unit costs decrease as volume increases”
“Network Effects: The value of a product to a user increases as the number of users increases”
“Counter-positioning: A new company adopts a new business model that incumbents won’t copy because it would hurt their existing business” ___________ This a technical piece, but if you are a founder it will be worth it, then if you are an internet entrepreneur then its a must-read. A friend recommended it a while back and it has been in my Pocket (Read Later App) until recently.
2. VIDEO WORTH WATCHING (a TED Table talk)
+ Reducing Corruption takes a Specific Type of Investment
“Societies don’t develop because they’ve reduced corruption,” he says. “They’re able to reduce corruption because they’ve developed.”
___________ We typically have this ideology that the reason there isn’t a lot of progress in most of our African societies is because of corruption. Efosa, a co-author of a great book “The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty” believes its the other way round. It’s really a good watch.
3. WHAT I’M READING
In a bold and provocative interpretation of economic history, Matt Ridley, the New York Times-bestselling author of Genome and The Red Queen, makes the case for an economics of hope, arguing that the benefits of commerce, technology, innovation, and change — what Ridley calls cultural evolution — will inevitably increase human prosperity.
One of the best books I started reading in Dec and finished in Jan. I’m featuring it in this edition but I’ve pretty much gone through some awesome books this year already. You can check them out here: RECOMMENDED BOOKS — 2021 I published my 30+ reads for 2020 here: RECOMMENDED BOOKS — 2020
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Enjoy the rest of your week! Mascot