Start Up Blog

Random Sunday night thoughts

Posted in entrepreneurship by Steve Sammartino on July 28, 2013

I went for a run today and some ideas popped into my head. Every time I exercise I get new ideas (to me anyway) – they just come from no where. Non blog post micro ideas today, but possible bigger post ideas tomorrow. Rather than lose them, I thought I’d document them. Here they are:

  1. What goes in and out of our mouth determines how long we live, and how much we earn. The former excludes unintended accidents like being run over by a bus.
  2. People say that you need to be a go getter to find success. I feel like we need to be go givers. It feels back to front.
  3. Luxury is in a constant state of evolution. Luxury is both relative to the human condition and relative to our own circumstances. What I find a luxury at a given point in time rarely endures for me. (my current favourite is sleep)
  4. What we do after 10pm has a bigger impact on our tomorrow than what we do during business hours.
  5. Evolution is a tactical process, rather than a strategic one. Tactics of trial and error executed quickly or consistently over a long period of time yield better results than arduous planning. Most great strategies are written in hindsight to describe what happened, rather than what was planned.
  6. The depth and wealth of the eco system has a bigger impact on the well being of the cell, than the make up of the cell itself does.
  7. When it comes to business management, the hard stuff is soft and the soft stuff is hard.
  8. Time is the biggest investment we can make, because it’s the only one that can’t be earned back. Hence true wealth is measured in time not dollars.
  9. Many great inventions (including the wheel in some regions) started as kids toys. So why do many organisations have fun police on staff? I am now wondering if  there a list of practical inventions which started as kids toys?
  10. Why do so many companies who are under threat from the emerging digital landscape forget the first lesson in economics, the law of supply & demand? Eg: Local Australian newspapers seemed to forget that supply of news is now omnipresent. Price is a function of availability, so people wont pay for average and undifferentiated content.
  11. The two types of investments we can make are time & money, most people never get to the second type because they don’t put in enough of the first type.
  12. We are all entrepreneurs, but some people only have 1 big and important client (an employer). We’d all do better if we regarded all income as a part of the entrepreneurial process than a wage based one.

There were more, but this is all I can remember.

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3 Responses

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  1. Sam Sabey said, on July 29, 2013 at 6:52 pm

    Nice list, too long to comment…

    Tactics is the forgotten thing. Strategisation is mainly group think bullshit. Tactics are what turns fail into win.

    Most awesome things are dismissed as toys in the early stages, and the toys ultimately are the disruptors. Arduino is one that comes to mind ;)

    And time is the hardest thing to discount on.

    Sam, @samotage

    • Steve Sammartino said, on August 1, 2013 at 10:26 am

      yep – I’m trying to live my life by building on tactics, not inventing strategy.
      Steve.

  2. 10pm till 1am | Start Up Blog said, on August 1, 2013 at 10:54 am

    […] previous blog post has 12 random thoughts I came up with. A few people have commented on twitter wanting more information on some of the […]


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