A useful tool to find your mission in life is the Hedgehog Concept, developed by one of my favorite business thinkers, Jim Collins. It’s very simple. Find the intersection of the following three circles What are you deeply passionate about? What can’t you stop thinking and talking about? What can you be the best in…
Tag: Jim Collins
Jim Collins: 10 Suggestions for Young People
1. Build a personal board of directors: based on character, not accomplishment. Mentors you don‘t want to disappoint. People on your board don’t need to know that they are there. 2. Study yourself like a bug: what is this bug? What is this bug genetically encoded for? It’s all about non-judgemental empirical observation. Define your…
Investing Lessons from Running a Startup
[This is an edited version of a talk I recently gave at a MOI Global event.] I’d like to share some of the lessons I learned from being a startup founder, and how these can be applied to investing: Lesson 1: I’m a better investor because I was a founder As Warren Buffett famously said:…