SamSauer.org
Navigation Menu
Category: Less Relevant (Other Business)
-
Categories: Less Relevant (Other Business)
As part of my never-ending Informal Education PhD degree from Non-Existent University, I finished listing to Leadership Principles Explained by Andy Jassy (CEO of Amazon) which is free from Audible. Here are two things I found interesting.1️⃣ Andy Jassy (who also narrates this short audiobook) talks in a remarkably similar way as Jeff Bezos.Andy even seems to do the unusual mouth/throat movements as a pause to his dialogue that Jeff Bezos does from listening to the audio. I previously suspected that Jeff Bezos did that based on having a mild form of some inconsequential mouth/throat condition, but it now makes…
-
There are many ideation specialists for ambiguous problems in the world. But, they don’t have consistent naming because the people who are such specialists aren’t able to advertise themselves as such because ideation is widely undervalued.The service that these people provide to their employer is still ideation for ambiguous problems, and that’s what keeps their employer/customers coming back for more, but they have to hide behind a less accurate title because many people don’t value/understand ideation enough. I suspect that’s partially because an employer’s/customer’s ego would get in the way if these people did advertise themselves for ideation which I’d…
-
Categories: Less Relevant (Other Business)
Inefficient bureaucracy stems from leaders who overvalue execution and undervalue ideation, or push unvetted ideas.Leaders don’t have to be great at ideation; they just need to employ people who are and let them strip out waste.When Tesla was on the verge of bankruptcy in 2008/2009, Elon Musk didn’t save the company by grabbing an impact wrench and help speed up production. Elon Musk wouldn’t excel in an assembly line; he’s a idea person more than an executor. He saved it by coming up with ideas to decrease costs and get funding, and then telling JB Straubel and his team to…
-
As part of my ongoing Informal Education PhD degree from Non-Existent University, I’m currently listening to Start Your Own Corporation by Garrett Sutton.I’d recommend it, and I’d highly encourage most any near millionaires (which definitely does not include me) to utilize LLC(s) and/or corporation(s) ASAP. (I purposefully didn’t mention limited partnerships in that.)It goes over the good entities (LLCs, corporations, limited partnerships) as well as topics related to them.The bad entities are sole proprietorships and general partnerships (which is what essentially any entity is by default). IMO, general partnerships are significantly worse than sole proprietorships and should be heavily avoided.If…
-
You can’t live life according to a formula and achieve financial success.Any short post from any business guru about how to be financially successful is a hyper oversimplification.Instead of getting hung up on the ambiguity of life, you can use it to your advantage by implementing unconventional solutions.The best solutions to ambiguous are always unconventional. Incremental improvements (beyond the best conventional solution) matter little in unambiguous problems, but in ambiguous problems, a superior approach can create an exponentially huge impact.Take an AI business model as an example: a slightly better business model could redefine the entire industry. In contrast, while…
-
People in the year 10,000 BCE would be able to understand what life was like in the year 1 CE.People in the year 1 CE would be able be able to understand what life was like in the year 1000 CE.People in the year 1000 CE would be able to understand what life was like in the year 1700 CE.People in 1700 would hardly be able to understand what life was like in 1900.People in 1900 would not be able to understand what life was like in 2000.People in 2000 would not be able to understand what life is like…
-
Categories: Less Relevant (Other Business)
Why are most of the world’s richest people not from ultra‑rich families?Because in the long-term, growth rate beats everything.What distinguishes those who consistently achieve a higher growth rate?Execution is critical, but millions execute well. That’s not it.It’s the ideas, the solutions to the ambiguous problems.Think about it.Thousands of capable entrepreneurs had already launched internet businesses when Jeff Bezos was just getting started with Amazon.Amazon’s long-term vision was to become the store for everything, and to start with books: a brilliant answer to the ambiguous problem of pairing a bold vision with a feasible first model.While other talented executors went broke…
-
A great business executive doesn’t have to be an accountant; as long as someone is acting as the accountant.A great business executive doesn’t have to be a visionary; as long as someone is acting as the visionary.Steve Jobs (the visionary of Apple in its beginning) happened to have much more business acumen than Steve Wozniak (the executor of Apple in its beginning).But, if Wozniak had that business acumen instead of Jobs, then Apple could have been just as successful with Wozniak as the head executive as long as he had the self-awareness to recognize that he needs Jobs for the…
-
AI will make humans more useful, not less useful, and certainly not useless.Everyone from Bill Gates to me to probably you is questioning their value as a productive human in society based on how AI is and will continue to replace human jobs.AI might indeed make some of your skill sets less relevant, but it doesn’t make you less relevant.You know when AI gives a totally wrong answer that an expert in that field would never say? That’s because it doesn’t understand what it’s saying to an extent a human would. How much current AI understands what it says is…
-
Below are some of the recent ideas off the top of my head I’ve gave people that were asking for ideas from the general public. All of the ideas below were just off the top of my head at the time. If I was to dig into the problem and apply my ideation processes, I would come up with some much better ideas/solutions. For anyone reading this, I’d be happy to give you some free ideas off the top of my head. They won’t be anywhere near as good if I got to dig into the problem and apply my…
Sam@SamSauer.org
SamSauer.org