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Month: April 2010

Book: REWORK

I picked up a book two days ago called “REWORK“. It was more of an impulse buy (although I really try not to do that too often).

David Heinemeyer Hansson inspired me when I saw and heard him on “This Week in Startup” and “The Entrepreneurial Thought Leader Series from Stanford University“. Check out the book, it’s very inspirational.

ASAP IS POISON
UNDERDO THE COMPETITION
MEETINGS ARE TOXIC
FIRE THE WORKAHOLICS / EMULATE DRUG DEALERS ( 😉 at Jason Calacanis )
PICK A FIGHT
PLANNING IS GUESSING
INSPIRATION IS PERISHABLE

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Is Meat the By-Product of Bio-Diesel and the Fashion Industry?

I found an article about a “Beef Bio-Diesel” Powered Train on mashable. I don’t think the economics really work. How many cows does it take to power the train? I assume this business model is fine, if we are using diesel trains anyways, and we can simply modify the trains to use less crude oil.

At which point does the meat become the by-product of bio-diesel though?

This brings me to another post published on ecouterre by Galahad Clark, the owner and director of Terra Plana. He talks about the fashion industry driving the cattle industry. Again, is meat the by-product of shoes and fashion?

I obviously am not an expert on this issue, but I encourage everyone to think about how everything ties in together.

What are your thoughts on this? Do you have any facts on this issue? Leave me a comment.

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Book: Cashflow Quadrant

I’m self-employed and I’ve tried myself at owning a business (at least at this point it’s “tried”). I’ve often wondered how did people get to become business owners or investors? What does it take? What are the real differences in mind sets?

I read “Rich Dad’s Cashflow Quadrant” right after reading “Rich Dad, Poor Dad” – the last one I read in the “Rich Dad’s Series”, so no worries, I won’t report on any more books from Robert T. Kiyosaki. It shows in really easy ways, how people that are in the different parts of the quadrant think and act.

It was a real eye opener to me (just like “Rich Dad, Poor Dad”). This book is not a how-to, just an overview that will help you understand weather you even want to operate in a different “quadrant”. Maybe you are self-employed and would like to own a business. Many “self-employees” don’t understand the difference between the two.

Here are a few excerpts from the first few pages of the book:

“Because my rich dad had explained the Quadrant to me, I was better able to see the small differences that grew into large differences when measured over the years a person spends working.”

“Changing quadrants is often a change at the core of who you are, how you think, and how you look at the world.”

If you are serious about becoming a business owner and gaining financial freedom, do yourself the favor and buy this book. You can get it at Amazon for under $13, if you buy it used, you can even get it for less than a $1. This book is definitely worth your time and money.

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“Most Americans are Accidental Environmentalists”

I found this post on the website of Shelton Group. To me it sounds like the equivalent of “green is just a by-product” just from a consumer point of view. If a company is concerned for its cashflow and for the health of their workers and makes changes to accommodate that, they will most likely become greener and create greener products. If consumers are concerned for their and their families health, they choose “green products accidentally”.

Do you buy green products not for the sake of the planet but because you are concerned for your health?

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A New Car for $2000

If someone was to ask you to build a car that is simple and extremely robust that has to have a ticket price of $2000 with no compromises of quality and features, would you just shake your head and walk away?

Exactly that was the task of Tata Motors of India (see the video at the end of this post). I think it is very remarkable that we (the humans) can put out such seemingly complicated tasks and achieve them. In this case, the car industry is trying to tap into the huge growth potential of the car market in India, but why can’t we use this same determination and set out for other goals? Provide shelter for the people, health care for the poorest, clean water. Should it not be possible to provide clean drinking water for every person on this earth within 5 years? What growth potential is that? Think about it?

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Common Sense not so Common: An Example

Common sense not so common. Here is an example of a guy that wrote a letter to the editor at our local newspaper about how technology and cars evolve. Watch to see what I mean.

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Book: Rich Dad, Poor Dad

A few years ago, when still living in Toronto, I started a journey of educating myself on money, entrepreneurship and business. Although I can’t say that I’m successful to this day yet, there are a few books that have really shaped how I think about money.

The first book that I read was “Rich Dad, Poor Dad” by Robert T. Kiyosaki. A best seller for many years. This book is like testing the water with your toes.

I use a high-lighter when going through these books, so I’m going to quickly quote a few things from this book:

” Learning how to have money work for you is a lifetime study.”

“Never forget, because your two emotions, fear and desire, can lead you into life’s biggest trap, if you’re not aware of them controlling your thinking. To spend your life living in fear, never exploring your dreams, is cruel. To work hard for money, thinking that money will buy you things that will make you happy is also cruel”

If this tickles your interest, I would recommend to go over to Amazon and check it out some more.

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