Tag: light bulb
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Learning From History To Avoid Learning From Failure Is Good
“I didn’t fail 1,000 times. The light bulb was an invention with 1,000 steps.” Was said by Thomas Edison after a reporter asked him How did it feel to fail 1,000 times [when inventing the lightbulb]?” I really think failure is needed to further knowledge. But not every failure pushes the limits of human understanding.…
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My Concept of Ownership in Business
To me ownership is the single most important concept in business and, although equity is important, I’m not talking about actual shares or percentages of a company. I’m talking about empowering employees, partners, and coworkers to be able to make decisions. Ownership equates to control. If you want those you work with to ever be…
