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![]() Hi Mike,
Awesome post. :) I'm a big fan of Richard Koch too.... As well as "The 80/20 Principle," I also have his book "Selecting Shares That Perform: 10 Ways to Beat the Index" (on stock market investing). I also recently got his book, "The Financial Times Guide to Strategy" (about business strategy). I agree fully with what you and Richard Koch say about the world being "nonlinear systems".... The essence of a nonlinear system is that, what you get out is NOT always proportional to what you put in. So, you can put a little effort in your business, and sometimes get out a LOT of profit. Or, unfortunately, sometimes the other side is true too, you can put in a lot of effort, and only get out a little.... But, what you said is really true - just being "in the game" opens up more and more opportunities. So, it's important to get started! I agree with you fully.... "Getting started" may be the hardest part, but it's also the most important part.... Since once you get started, as you get better known, you'll find you have more and more opportunities opening up to you! One thing leads to another, and another.... But if you never get started, you can't get the chain from happening! Thanks Mike.... Great post. :) - Dien Rice |
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