Risk
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As the saying goes, you’ve got to enter the lion’s den to get the lion. No pain no gain. Taking risks is not something for everyone. After all, we have all the safety measures built-in to our system: from seat-belts to “frisk-machines”. Yet, in business as in life, risk is part of life, just like…
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Peter’s Principle states that line managers are often promoted “beyond their level of competency”. In other words, a technical guy, best at his job, ends up being the boss who has to crawl his way through business dilemma and personnel issues. In life, however, some problems cannot be solved at the same level where they…
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In business parlance, we call them “entrenchment” and “creative destruction”. Find a niche, dig in. By the time you crossed “valley of death”, someone had already elbowed in to eat your lunch. As Venture Capitalists scour the globe looking for “the” deal, they find new energy and risk-taking in places like Rwanda, Indonesia and Israel, the new “BRICS“. Emerged…
Thang Nguyen 555 