this, and stupidly, as we then thought, let it slip. Notes 1 One valuable thing you tend to get only in startups is uninterruptability. What other waste-related pet peeves are keeping you awake at night? This fallacy is usually there in the background when you hear someone talking about how x percent of the population have y percent of the wealth. if you wanted to get rich, how would you do it? Whereas top management, like salespeople, have to actually come up with the numbers. The second biggest is the worry that, if they don't buy you now, you'll continue to grow rapidly and will cost more to acquire later, or even become a competitor. If IBM had required an exclusive license, as they should have, Microsoft would still have signed the deal. 5 Kids know, without knowing they know, that they can create wealth.
7 And you had better have a convincing explanation of why your technology would be hard to duplicate. And you have to have leverage, in the sense that the decisions you make have a big effect. The intermediate stuff- the medium of exchange - can be anything that's rare and portable. Start by picking a hard problem, and then at every decision point, take the harder choice. Add the rest of the world, multiply by over 50 years of writing with disposable pens, and thats a lot of metal and plastic waste ending up in landfill! . Naturally wealth had a bad reputation. (b) Because in medieval towns, monopolies and guild regulations initially slowed the development of new means of production. After all those years you get used to the idea of belonging to a group of people who all get up in the morning, go to some set of buildings, and do things that they do not, ordinarily, enjoy doing.
Developing new technology is a song that describes me essay pain in the ass. It is just as well to let a big company take over once you reach cruising altitude. So governments that forbid you to accumulate wealth are in effect decreeing that you work slowly. You also need to be very lucky. 11 One piece of evidence is what happened to countries that tried to return to the old model, like the Soviet Union, and to a lesser extent Britain under the labor governments of the 1960s and early 1970s. New habits were formed, and ballpoint pens (not refills) were soon sold by the pack. Probably the reason this trick works so well is that when you have two choices and one is harder, the only reason you're even considering the other is laziness. Superficially it's a lot like college.
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