This week has been another great one for the Behavior Gap. I recorded episode five of Behavior Gap Goes to the Coffeehouse with Bill Schultheis of The Coffeehouse Investor.
In the most recent episode, we continue our discussion from last week by asking the question why. Why is it important to ignore Wall Street and get on with your life? (a nod to the Coffeehouse Investor tagline)
How can we live a richer life, not only financially, but emotionally, too? Do you have an opportunity to gain a better understanding of how you’re spending your capital (money and time)?
Here are the links to both the post and the books we refer to in this show:
Office Space: Why I Rented a Place to Right (George Kinder/getrichslowy.org)
Again, if you have any questions you want us to address in the next episode, please email me at carl{at}behaviorgap{dot}com.
An Open Letter to 20th-Century Business
20th-Century Business, you’re fired. The global economy has decided to let you go. Why? Because you turned out to be, well, a less-than-productive hire. You failed to live up to your end of an implicit but very real social contract: do stuff that makes people better off. Instead, you did stuff that trivializes, belittles, and enfeebles people.
You failed to do the meaningful stuff, and today the bill is coming due. What does that bill look like? It’s not about numbers. It says:
The only viable solution to the zombieconomy is a better kind of business, built from the grass-roots up: a new generation of radical innovators that challenge and disrupt lame, brain-dead 20th-century business. The kind of business that, for example, push-markets toxic junk to kids.
Who are some of those innovators? We’ve discussed lots of them — Apple, Google, Tata, Threadless. What makes them different is simple. They are more profitable and valuable than rivals because, well, they do stuff that counts.
Because they do, I’d miss them if they were gone. Would anyone miss the rest of you? I’m not so sure. Maybe that’s something to chew on.
I also had the pleasure of doing a guest post for Ramit at IWillTeachYoutobeRich.com, 5 Things to Ask Your Friends Who Think “This Time is Different.” Let me know what you think. Have you been saying or thinking, “This time is different?”
Comments on this entry are closed.