All in Entrepreneurship

Looking To The Past And The Future

Mark Manson wrote that we should overestimate our future but underestimate our past. That sounds about right to me.

Many of us tend to do the reverse - we overestimate our past (both in terms of the implications of what we’ve achieved, as well as the ramifications of the mistakes we’ve made) and we underestimate our futures (in terms of what is still possible).

Are We Rolling The Dice?

There’s a difference between rolling the dice and taking a calculated risk. Often we tend to confuse the two.

We avoid taking specific actions in specific areas of our life because we believe “it’s a lottery”, when instead, there are parameters - fundamentals - that we can assess, evaluate, extrapolate to come to a reasonable expectation of an outcome.

Do You Think You Have The Answer?

The thing is, no one actually has the answer.

We want to believe someone does - perhaps that we do - but we don’t actually know that to be a fact.

Sure, we might believe our version of the answer right to our very core. We might be convinced that our boss or our peer can be trusted to get us where we’re trying to go. But what we’re trusting is our versions of the story. We’ve made a judgement based on the accumulated data at hand.

Omerisms Podcast - Episode 83

This month's podcasts focus on people, specifically the different aspects to consider when it comes to the talent acquisition, development and management.

Today's episode focuses on the topic of relationships, and the fact that strong relationships create great teams, which create great organizations. Relationships form the very foundation of our success.

The IKEA Effect

The Ikea effect is a cognitive bias where we place greater value on those things we’ve created ourselves.

There’s value in this idea when you’re a business and you’re providing customization options to your customer. The more they can personalize the product even partially, on their own, the more they will value it. Makes sense.

But we need to be wary of this bias when it comes to ourselves.

Omerisms Podcast - Episode 82

This month's podcasts focus on people, specifically the different aspects to consider when it comes to the talent acquisition, development and management.

My last episode talked about the value of the team, even when we have a star performer in our midst. Today's episode discusses the idea that, while it still is about the team, we should all strive to adopt the star performer's mentality.

Understanding "Normal"

Recently, Unilever, the global consumer goods giant, announced that it will be removing the word “normal” from its beauty and personal care products and related advertising.

The idea behind this is to move away from descriptions that might suggest who (the type of person) the product is for, and towards those that describe what the product does. A step towards inclusivity and body positivity.

It's Always In The "Doing"

I think we get so caught up in the goals that we’re after that we lose sight of the need to focus on the process. Especially when the goals are big, audacious.

This makes sense, intuitively, of course. The bigger the goals, the higher the stakes, the more invested we are in their achievement. It’s natural then that we takes these goals seriously, and that they occupy our thought processes.

The Customer Shouldn't Have To Do The Work

Those who’ve worked with me for any length of time will inevitably have heard me say some variant of the following words: “If the customer has to work to understand what we’re offering, we’ve already lost.” I try to live by those words.

There’s enough going on with any client or customer that any of us are dealing with. Just like us, they’re constantly bombarded by emails, news, requests for, and demands of, their time - and, oh yes, their actual work.

Technology As The Panacea

We think of technology as the simple fix. If I simply bought this piece of software, I could get this work done so much more effectively. If only we implemented that new piece of tech, we’d get this billing process absolutely sorted.

Many times, though, when we actually get the funding, buy the tool and put the tech place, things don’t always go as planned.

What is Value?

The recent hype around Non Fungible Tokens (NFTs) has been interesting. A piece of ‘art’ by the artist Beeple sold for almost $60 Million. I put the word ‘art’ in quotation marks because it isn’t art in the conventional sense that most of us might think of. It’s digital and anyone can see and download it (there’s nothing physical at play here). But the NFT provides one person with indisputable proof of ownership, and that person estimated the value of that proof at $69.5 Million.