Midas and the alchemist; or, Monetize This
The alchemist is hungry for money, desperate to turn something into gold. He’ll try anything, working through the night to find the trick for getting… Read More »Midas and the alchemist; or, Monetize This
value
What does it cost? What is it worth? (2)
The less-obvious side of supply and demand in a nutshell: People pay different prices for (the same) pizza because for all sorts of reasons they… Read More »What does it cost? What is it worth? (2)
What does it cost? What is it worth?
Cost and Worth are the two essential components – value judgements – of every single transaction. This is the law of supply and demand: for… Read More »What does it cost? What is it worth?
Care and Attention
You probably have tools that you notice and tools you overlook. There are tools that it’s always a pleasure to use, that took effort to… Read More »Care and Attention
Why it’s worth paying for Zoom Pro
Zoom Pro is currently US$150 / £120 a year on an annual plan. If you’re like me – inclined to look at the cost of… Read More »Why it’s worth paying for Zoom Pro
Nothing precious (tools for the job)
Of course you want good quality tools. Definitely not the cheapest available. (These usually get in your way.) Probably not the most expensive. (These usually… Read More »Nothing precious (tools for the job)
Crossing the street: Seth Godin on monopolies
Every successful business has a monopoly—a monopoly on what it makes that someone else can’t make the way they make it. That leaves out commodity… Read More »Crossing the street: Seth Godin on monopolies
A long queue
A long queue for what you’re selling is a good problem to have. It means people want what you have, and are willing to pay… Read More »A long queue
Charles Koch on creating value for others and always getting better
The starting point is to understand what capabilities you have that others will value, that you can use to create value for others. And then… Read More »Charles Koch on creating value for others and always getting better
What’s it worth? (2)
The way of thinking I described yesterday also applies to buying equipment, services and training in an organisation. The question isn’t simply “How much does… Read More »What’s it worth? (2)