The sleepy and tentative European Union has gotten wise (albeit years late) to the fact that the world is in a period of deglobalization, which hurts them more than any other economic power. EU leaders now recognize they’d better build a domestic system for the critical metals of the future… that is, if they want…
I recently went to my spot: the Rocky Mountains, about 30 minutes from home. Hiking in these hills is a shower for the soul. The memorable times I’ve had in the Rockies camping, hiking, biking, skiing, and golfing, and the lightbulb moments that have sprung up as I’ve traversed these mountains, make me indebted to them. The…
After ‘making it’ as an entrepreneur (becoming financially free), my routine changed. My schedule got busier, and my focus expanded to, ironically, the point where I was constantly distracted… I spent little time building (which is what led to my success) and more time investing and meeting people. I thought that was a clever play:…
With admiration, I take a moment to watch my eldest son write imaginary stories about competing in soccer against the world’s best. Stats and elaborate storylines included, he spends hours at his desk crafting these narratives. His reward? Nothing other than personal enjoyment and pride in creating the soccer tales. Working like an artisan (being…
You’re driving in your car, family in tow, heading straight toward the edge of a cliff… what would you do? Course correct, obviously. You want to live, after all. So you hit the brakes and turn away from the cliff. Drive in a different direction. Your life, and your family’s future, are saved. The Demographic…
If you want to read fascinating history about random countries, just Google “countries that produce gold.” From there, pick any nation on the list that populates and start reading material about the historical control of its gold mines… I can almost guarantee the country’s history will involve war(s), espionage, invasion, theft, betrayal, or murder —…
It’s been a while since entrepreneurs have HAD to be resourceful. We just wrapped up a decade-long bull market, the longest in human history, and capital was cheap and relatively easy to come by if your company showed promise. Times have changed, though. Entrepreneurs are now forced to make more with less. Elon Musk laid…
We tend to oppose our parents during adolescence and young adulthood. For whatever reason, maybe it’s defiance, we have a distaste for their choice of music, fashion, and sometimes vocation, and we significantly differ in social habits. The contradictory preferences younger generations have relative to the group one or two generations above them (their parents)…
Building a successful business should not be overly complex. Hard work? Yes. Complex? Not if founders are focused on what matters. Suppose founders remain focused on the reputation they want to have with their customers (i.e. trustworthy, ultra high-end, caring, efficient, intelligent, funny, etc.) and execute exclusively based on that vision. In that case, the…