Category: Competitive Advantage & Differentiation
Berkshire Meeting Week: Circle of Competence
Your “Circle of Competence” is the area that you understand well. For investors and business owners, it is wise to keep your business activities within your Circle of Competence. This should not be a limiting concept — once you focus on something, you begin to see more opportunities… Continue reading
Facebook Governance and ISS — I Support Zuckerberg
For each unique company and unique situation, I believe they should utilize business structures, financing strategies, and all other tools that help them keep their company unique. For this reason, I cheer on Mark Zuckerberg and Facebook for their ability to utilize unique investment terms… Continue reading
Grow Your Business Faster with Singles and Doubles
To grow faster, I have found it is better to focus on growth initiatives that are singles and doubles — counter-intuitive but effective. Some people prefer to attempt the big, home-run initiatives. Large companies, in particular, can feel they need a growth initiative to provide… Continue reading
Make Business Variability Your Friend
Life, nature and business are variable. They rarely travel in straight lines. They are organic. They move up, down, and sideways often on timeframes that you cannot predict or control. Trying to control, manipulate and insulate yourself from these movements can be frustrating and usually… Continue reading