4 Ways That Being Good With Numbers Can Make You Money
Most kids absolutely hate math at school. They think it’s boring and they don’t know when they’re ever going to use those skills anyway.
- 27/11/2019
- 5
Giving Karma A Nudge
I have long had the attitude that I will help others on Linkedin if I can reasonably do so. This is usually about advice or making introductions, sometimes it is meeting and listening. My wife has often questioned why I do it and I say that while there is often no obvious direct benefit to me, I believe that Karma will balance out and that when I need help it will find me.
- 27/11/2019
- 7
The Return of the Patent Thicket
Back in the early 1970s, Xerox had figured out a strategy to block competitors in the photocopying business. It took out lots of patents, more than 1,000 of them, on every aspect of the photocopy machine. As old patents expired, new ones kicked in at a rate of several hundred new patents each year. Some of the patents were actually used by Xerox in producing the photocopy machine; some were not. There was no serious complaint about the validity of any individual patent. But taken as a whole, Xerox seemed to be using the patent system to lock up its monopoly position in perpetuity. Under antitrust pressure from the Federal Trade Commission, Xerox in 1975 signed a consent decree which, along with a number of other steps, required licensing its 1,700 photocopier patents to other firms. (Here's a later retrospective on the case, including some of the other issues, the 1975 FTC consent decree, and what happened with follow-up litigation.)
- 27/11/2019
- 3
Take Your Biggest Problem and Skip It
Every business runs into issues that can or will halt progress and cause the company to stagnate. These include slow cash flow, out-of-date technology, and long sales cycles; you name it, it likely exists. Often, when trying to “fix” the problem, the company gets even more mired in the challenge and can’t seem to get past the roadblock. They focus on the problem and either shift into crisis management mode, letting the problem dictate their every move, or perhaps they solve the problem, but in doing so, uncover that it was never the real problem. Either way, the company is being agile instead of anticipatory.
- 27/11/2019
- 6
India: ~ 30% Cash Component Still Possible on Resale Market
Unaccounted wealth still used in the resale market across the country; Govt’s battle against it continues Primary sales market in Tier 1 cities offers limited scope for 'black' money transactions; Tier 2 & 3 cities present a different picture Reducing gap between market value and circle rates in Tier 1 cities limits scope for black money in primary housing sales market However, in many tier 2 & 3 cities, circle rates are much lower than existing market rates
- 27/11/2019
- 4
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