business-opportunity

2

2011-10-11T04:59:00.001-07:00

Tribute to a Crazy One

Oct 6th, 2011 by Jason Bresnehan

http://wwhttp://www.youtube.com/watch?v=DrBw2cXWZS8w.youtube.com/watch?v=DrBw2cXWZS8

It is just over a year since The Pursuit of Luck was named as one of Australia’s top 25 business blogs. So it’s a good milestone to publish a summary of what The Pursuit of Luck is about. The book is still coming and I think it will make a great airport book one day.

You get lucky when four elements align.

A random collision of life’s interactions presents an opportunity to you.
You are prepared to act upon the opportunity that has presented itself.
Your character is such that you are empowered and willing to act to exploit the opportunity
Your systems and techniques are such that you can exploit opportunities efficiently while mitigating risk

Therefore, The Pursuit of Luck is about:

Taking action to interact more with life and forcing more random collisions
Acting to change your brain, to change the way you think and to change the way you perceive the world so that you can force more random collisions
Acting so you are prepared to efficiently exploit the opportunities that random collisions throw your way
Building your character so that you willingly and fearlessly act to exploit opportunities.
Acting to develop systems and techniques that create efficiency and risk mitigation

Below, I have set out a checklist divided into the five principles of The Pursuit of Luck. Like all good checklists it changes all the time. I add stuff, people write to me with great ideas and I add these too. So please be sure to visit this checklist again.

Principle #1 – Interact More with Life
To create more random collisions and force more opportunities to present themselves

Break your routines
Get off the beaten track – explore and bounce off new experiences and people
Do odd stuff
Hang out with odd people
Challenge conventional wisdom
Hang around fringe topics
Tinker, experiment, practice trial and error – you don’t know what you don’t know. Adopt the Google 20% “own time”
Be inquisitive and curious
Don’t play by other people’s rules
Don’t be afraid of ideas
Publish and share your ideas and thoughts
Leverage other peoples thoughts and luck through delegation and decentralization
Persistently step up to the plate
Just Ask
Try Something New for 30 Days (Matt Cutts)
Advertise your needs
Patiently chip away at the cracks of “boulder-like” opportunities
Be Eccentric
Ignore what competitors are doing, do something that challenges
Don’t do focus groups, your customers don’t know what they don’t know, do something that challenges
Avoid excessive positive thinking
Never ask / survey conventional wisdom sheep. They don’t know what they don’t know and all bleat the same bleat
Train yourself and others around you in art of adaptability and re-invention
Re-invent yourself
Relax, be cool
Learn in the trenches
Pursue stretch goals
Pursue passionately
Avoid people wearing suits and elitists
Keep others off balance and spread confusion in your wake
Have conversations with people not discussions
Create people “collisions”
Avoid learning paralysis
Never justify or rationalize
Be thoughtful of others and the world around you
Listen, do lots of listening
Embrace simplicity
Read, read, read. Read blogs, books, periodicals, magazines in your domain, sector, business type or career type. Read blogs, books, periodicals, magazines not in your domain, sector, business type or career type
Train in unrelated fields
Poke people in the eye – challenge their views, beliefs, routines and processes
Grab the tiger by the tail – take on uncomfortable and difficult projects
Pursue uncertainty
Change your perspective (literally)
Take sabbaticals and vacations
Put yourself in underdog situations
Mix up and vary your working, thinking and brainstorming environment
Be yourself, develop a unique personal style, develop a narrative of yourself that you can leave up to and feel lucky because feeling lucky attracts luck
Embrace technology
Joke about sometimes
Have a healthy disregard for the impossible
Be skeptical
Avoid premature congratulation
Comprise is for politicians and diplomats only
Travel
Embrace irritation. Irritation is the prophet of the Innovation God
When you look at life’s objects and practices, ask yourself the question “how would this work upside down, or in its opposite form?”
Study and apply innovations and technology from sectors that are completely different to yours
Hang around situations with scarce resources, scarcity breeds innovation
Force random collision innovation by prodding using random objects, words, images, websites and concepts.
Incremental improvement is admirable, but sometimes you need to leap into the uncertain.
Listen to your imagination and dreams and embrace other people’s fiction and fantasy.

Principle # 2 – Change Your Brain
To create more random collisions by interacting with life differently
To see more opportunities because you perceive life differently

Adjust your “Think Big Limiter”
Learn a second language
Write poetry
Write a fictional story
Learn to play an instrument, or a new instrument
Listen to music, as many genres as you can
Change your immediate environment
Develop thought rapport, eg children, elderly, lazy, generation Y, retires, extreme environmentalists, extreme right wingers, socialists, feminists

Principle # 3- Be Prepared
So you can act rapidly when opportunity strikes

Pull weeds
Have cash on hand
Do all the boring stuff, and before its due to be done

Principle # 4 – Building Your Character Traits
So you are prepared to take the leap into the unknown of opportunity exploitation

Raise your self-esteem
Eliminate your fear of embarrassment
Embrace non-conformity
Act Boldly
Trust your instincts
Enjoy and be proud of failure
Have a purpose
Thicken Your Skin
Develop a “Do Whatever it Takes” attitude
Believe in Yourself
Commit
Never Quit (but know when to quit, see Principle #16)
Don’t Get Bitter, Get Successful

Principle # 5- Have Systems and Techniques in Place
So that you quickly leap into exploiting the opportunities with “back of the napkin” plans
So that you mitigate risk

The $5 calculator
The back of the napkin business plan
The two page business plan
Talk to potential byers, users, friends and enemies (5 minute phone calls)
Avoid analysis paralysis
Adopt a “Portfolio Approach”
Avoid perfection paralysis
Just Do it
Complexity is stupid, apply the KISS principle
Take hedged risks with downside limits
You can break even all day
Ask for help
Collaborate with others
Leverage experts in their field
Kill off the living dead
Know when to quit
Know when to be a committee of one

Other Stuff You Need to Know about the The Pursuit of Luck Strategy

The Three Contact States: Misfortune, Limbo & Opportunity
The Leap-Increment Dichotomy
The Disorder-System Dichotomy
The Quit-Know When to Quit Dichotomy
Your perception of luck
The 6th “P” of Marketing: Pursuit of Luck?

Contact the author, Business Consultant, Jason Bresnehan

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Imagination

Aug 29th, 2011 by Jason Bresnehan

Awakening from a night of surprisingly lucid dreams about aircraft design (why aircrafts I don’t know), I wondered about the the role of imagination, dreams, fiction and fantasy in the pursuit of luck.

Then less than half an hour into reading my daily blog and online news roll I came across a story about how Samsung, in its ongoing patent battle with Apple, has cited a scene from the science fiction classic 2001: A Space Odyssey.

Samsung wrote:

Attached hereto as Exhibit D is a true and correct copy of a still image taken from Stanley Kubrick’s 1968 film “2001: A Space Odyssey.” In a clip from that film lasting about one minute, two astronauts are eating and at the same time using personal tablet computers. The clip can be downloaded online. As with the design claimed by the D’889 Patent, the tablet disclosed in the clip has an overall rectangular shape with a dominant display screen, narrow borders, a predominately flat front surface, a flat back surface (which is evident because the tablets are lying flat on the table’s surface), and a thin form factor.

So basically Samsung is arguing that they did not copy Apple’s iPad rather the prior art from 2001: A Space Odyssey is the real inspiration for all modern touch tablets.

With lawyers arguing that fiction and fantasy is a very real source of inspiration of world changing innovation, then luck hunters should listen to their own imagination and dreams and embrace the fiction and fantasy produced by others.

Now…lets see if I can find a free aerospace airfoil design app for the iPad.

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The Committee of One

Aug 29th, 2011 by Jason Bresnehan

My former business partner the late Peter Purtell, an investment banker who traded the first Australian dollar ever, used to be very fond of the saying

A committee is like a dark cul-de-sac where good ideas are lured and beaten to death.

Last week I was reminded of this when I listened to a presentation by bass guitarist legend Brian Ritchie of Violent Femmes fame. Ritchie who now lives in Hobart Tasmania, settled in Tasmania for a quiet life where he could enjoy the serenity of Hobart, be creative and maybe do a tour once and while to make some money.

However, then along came Salamanca Art’s idea for a Hobart based annual contemporary music festival. The idea got some serious legs when David WalshTasmanian gambling multi-millionaire decide to back it. Add to this the support of the State of Tasmania, then led by tragic Violet Femmes fan David Bartlettthe Premier of Tasmania (for US readers “Governor of the State”) and all of sudden it gave birth to MONA FOMA. And they asked Ritchie to be the curator.

If nothing else MONA FOMA’s success is an example of disparate people colliding. An arts collective at the bottom of the world working out of a circa 1812 Port of Hobart warehouse + a multi-millionaire who has made his money with gambling systems who is fascinated with contemporary art and extremely generous + a famous American bass guitarist who is also proficient in shakuhachi Japanese bamboo flute + a Labor Party (for US readers “Democrat Party”) Premier of the State with an IT background.

But there is more. In the presentation Ritchie told us how he said to the MONA FOMA developers/funders that he would agree to be the curator for the festival on the condition he was a committee of one. And he went on to explain how that the experience has been surprisingly creative, but reinforced the idea that the committee of one rule was very effective.

Then today, a former university lecturer who most influenced my thinking and career compared to any other teacher or lecturer I have ever known, Jol Parlsow, has sent me an article from CNN Money called How Apple Works: Inside the World’s biggest startup. In the first two paragraphs of this article it tells a story of Steve Jobs who despite the global perception that he was the leader of “Wonka’s factory, an enigmatic but enchanted place”, that in reality he is a hard-ass committee of one when he wants to be.

(From the article) According to a participant in the meeting, Jobs walked in, clad in his trademark black mock turtleneck and blue jeans, clasped his hands together, and asked a simple question: “Can anyone tell me what MobileMe is supposed to do?” Having received a satisfactory answer, he continued,,

“So why the fuck doesn’t it do that?”

Reading that just shortly after hearing a presentation from Brian Ritchie I just had to do a post called the “Committee of One”. My very respected business partner the late Peter Purtell loved the concept. I always have. So does Brian Ritchie and now it appears the great man himself the founder/Chairman of Apple does as well.

To my regular readers this may be at odds with the concept that the pursuit of luck is about increasing random people collisions, and random collisions with places, things, objects, ideas, concepts, art, nature, fiction and fantasy. But it is not at odds with the Pursuit of Luck. It is a lesson that a successful business person is one who can facilitate and encourage the random collisions that inspire others and lead to innovation and then, at some point, be a committee of one is needed to get the job done.

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Attitude, Awareness and Authenticity

Aug 26th, 2011 by Jason Bresnehan

Neil Pasricha’s pathways to “Awesomeness” – Attitude, Awareness and Authenticity could easily be three pathways for the pursuit of luck.

Check out Neil’s Video

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Men Go Mad in Herds

Aug 18th, 2011 by Jason Bresnehan

If you belive that subscribing to the conventional wisodm of the day, group think and herd mentality crushes your ability to innovate and be lucky, then you would be correct.

Here is a link to a paper by Professor William Happer’s (Princeton University) - The Truth About Greenhouse Gases.

http://www.thegwpf.org/images/stories/gwpf-reports/happer-the_truth_about_greenhouse_gases.pdf

Here is his conclusion.

I began with a quote from the preface of the first edition of Mackay’s

Extraordinary Popular Delusions and the Madness of Crowds, and I

will end with a quote from the preface of the second edition: “Men,

it has been well said, think in herds; it will be seen that they go mad in

herds, while they only recover their senses slowly, one by one.” In our

efforts to conserve the beautiful planet that is our home, we should

not fixate on CO2. We should instead focus on issues like damage to

local landscapes and waterways by strip mining, inadequate cleanup,

hazards to underground miners, the excessive release of real pollutants

such as mercury, other heavy metals, organic carcinogens, etc. Much

of the potential harm from strip mining can be eliminated, for example,

by requirements that the land be restored to a condition that is as least

as good as, and preferably better than, when the mining began. And it

is high time that we assess great expanses of windmills and solar-panels

in the previously unspoiled open spaces of the world with the same

objectiveness that we apply to other human perturbations of nature.

Looking at once beautiful hilltops, now cluttered with windmills, I am

reminded of an exchange between Winston Churchill and a woman

who indignantly said, “Sir, you are drunk.” Churchill responded, “Madam,

you are ugly. In the morning I shall be sober.” The hilltops will be ugly for a

long, long time.

Life is about making decisions and decisions are about trade-offs. We

can choose to promote investment in technology that addresses real

problems and scientific research that will let us cope with real problems

more efficiently. Or we can be caught up in a crusade that seeks to

suppress energy use, economic growth, and the benefits that come from

the creation of wealth for all of mankind.

I began with a quote from the preface of the first edition of Mackay’s Extraordinary Popular Delusions and the Madness of Crowds, and I will end with a quote from the preface of the second edition: “Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” In our efforts to conserve the beautiful planet that is our home, we should not fixate on CO2. We should instead focus on issues like damage to local landscapes and waterways by strip mining, inadequate cleanup, hazards to underground miners, the excessive release of real pollutants such as mercury, other heavy metals, organic carcinogens, etc. Much of the potential harm from strip mining can be eliminated, for example, by requirements that the land be restored to a condition that is as least as good as, and preferably better than, when the mining began. And it is high time that we assess great expanses of windmills and solar-panels in the previously unspoiled open spaces of the world with the same objectiveness that we apply to other human perturbations of nature. Looking at once beautiful hilltops, now cluttered with windmills, I am reminded of an exchange between Winston Churchill and a woman who indignantly said, “Sir, you are drunk.” Churchill responded, “Madam, you are ugly. In the morning I shall be sober.” The hilltops will be ugly for a long, long time.Life is about making decisions and decisions are about trade-offs. We can choose to promote investment in technology that addresses real problems and scientific research that will let us cope with real problems more efficiently. Or we can be caught up in a crusade that seeks to suppress energy use, economic growth, and the benefits that come from the creation of wealth for all of mankind.

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Be Long on Long Term Thinking

Aug 15th, 2011 by Jason Bresnehan

Pursuing luck requires more swings of the bat and the more time you spend at the plate the more swings your can make and the more home runs you can hit.

This is why short-term thinking has no place in the pursuit of luck. You need to think longer term and hang out in lots of spaces, lots of market, doing lots of different things and over the long term. A swing and a miss, a swing and a miss, boom a home run! Then repeat.

The problem is that the modern world is so obsessed with short term reporting and short-term feedback loops that its hard to find the stamina to get into a long term frame of mind and structure actions around being fortuitous over the longer term.

The media is like an annoying pet parrot ranting, “poly wants a cracker” all day long.

The Dow is down 14 points,
…the dollar lost ground against the yen,
…the President has been in power for 100 days but he has not done anything about lowering the temperature of the planet.

Our health is ruined by short-term thinking.

Its just one Big Mac and Coke it won’t hurt
I will quit tomorrow

People on diets who weigh themselves every day are more likely to quit the diet because muscle mass gain and water retention give them fasle readings and cause disappointment.

The share market is not about investing in stocks anymore based on the EBIT fundamentals of the company and its strategy. The average company’s stock on the listed US exchanges are held for just 2.8 months as high frequency traders like hedge funds set computers in motion to buy and sell high volumes of stocks. 2.8 months!

When the home lending industry forgot that’s it business was taking in a deposit and paying X interest out to deposit holders and then lending that money secured against a home at X+ margin it caused a global financial crisis. This industry did not rally forget is just stopped thinking long term and replaced it with short term thinking associated with making profits by packaging tens of thousands of garbage mortgages into a derivatives and selling these at a commission to stupid investors who succumb to the short term promises of investment banks.

Everyday millions of people post trivial garbage on Facebook and are offended when they do received 45 likes or comments over the breathtaking news that are making spaghetti and meatballs for dinner tonight.

The only way the world will solve its problems of over-population, disease, famine, continual cycles of market bubbles and crashes and finite resources is by thinking long term. The only way you will share in the wealth and satisfaction of solving these problems with disruptive technology and innovation is if you think long term.

This does not mean that you should not have short term goals, but these goals should be an incremental step toward the long term horizon, a horizon you can see but the detail of which will not be obvious until you have arrived.

What the dollar does tomorrow, where the Tokyo index finishes and whether the Governor apologies or not for visiting a strip club is short term and irrelevant nonsense.

You will be better off if you don’t fill your head with it and leave room for some considered thought about how you can make a difference over the long term and then start hanging out around long term plays.

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Mistake Highs

Aug 13th, 2011 by Jason Bresnehan

To me, one of the most underrated songs in the last 25 years is “Buses and Trains” by Australian band Bachelor Girl. It’s not only a beautiful song but at its heart is an important pursuit of luck lesson – mistakes are good.

http://www.youtube.com/watch?v=DrB7hbZyPCM

Hey Mom
Why didn’t you tell me
Why didn’t you teach me a thing or two
You just let me go
Out into the World
You never thought to share what you knew

So I walked under a bus
I got hit by a train
Keep falling in love
Which is kinda the same
I’ve sunk out at sea
Crashed my car, gone insane
And it felt so good
I want to do it again

Hey Mom
Why didn’t you warn me
Coz about boys is something i should have known
They`re like chocolate cake
Like cigarettes
I know they’re bad for me
But I just can’t leave ‘em alone

So I walked under a bus
I got hit by a train
Keep falling in love
Which is kinda the same
I’ve sunk out at sea
Crashed my car, gone insane
And it felt so good
I want to do it again

(AND I WALKED)UNDER A BUS
I GOT HIT BY A TRAIN
AND IT FEELT SO GOOD
AND I WANNA DO IT AGAIN
WANNA DO IT AGAIN
*HEY EY IEEY*
(WANNA DO IT)
Oh, felt so good

Hey Mom
Since we’re talking
What was it like when you were young
Has the world changed
Or is it still the same
A man can kill and still be the sweetest love.

So I walked under a bus
I got hit by a train
Keep falling in love
Which is kinda the same
I’ve sunk out at sea
Crashed my car, gone insane
And it felt so good
I want to do it again

(AND I WALKED)UNDER A BUS
I GOT HIT BY A TRAIN
AND IT FEELT SO GOOD
AND I WANNA DO IT AGAIN
WANNA DO IT AGAIN

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A Man Disposed to Doubt the Conventional Wisdom

Aug 9th, 2011 by Jason Bresnehan

Check out this great Bloomberg video about Michael Burry, a former neurologist turned self taught hedge fund manager who picked the pending burst of the US housing bubble, found a way to bet on it and made a billion dollars.

http://www.bloomberg.com/video/72756316/

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A Debate is Great

Jul 28th, 2011 by Jason Bresnehan

Recently I have been engaged in a Facebook debate with an intelligent person. The debate is about man-made climate change. My opponent is a “believer” and I am a “denier” but what we apparently have in common is that we enjoy a debate.

This afternoon I have sat back and considered not the topic of the debate rather the process of the debate and reached the conclusion that a debate is a process that has powerful benefits for learning, innovation and luck.

A debate forces you to pick a side, to be polarizing. Having a position and ruffling feathers pulls you away from the silent and average middle, who sit quietly hoping to avoid confrontation.
A good debate is competitive and the competition forces you to think, research and articulate quickly. In an attempt to win a debate you need to develop a personality that suits and accents the point you are a making. For example a mild and meek personality is probably the wrong personality for a trade union activists. A “too cool for school, black skivy and jeans wearing personality is the right personality for the CEO of Apple Inc.
A debate helps you develop conviction and if you are loosing your conviction and resolve must become stronger. I don’t think that there would be too many billionaires or too many nobel prize winners, or too many world sporting stars without super-sized conviction and resolve.
In a public debate your ideas are aired or published, providing an opportunity for others to interact with it. For example it might draw out criticism, rebuttal, encouragement or be the catalyst for others to share new ideas.
When debating you are tempted at times to play the man and not the topic. Playing the man is a negative serendipity force because it can offend and cause people to shut-down the interaction when one of the most important factors in the pursuit of luck is positive people collisions.

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1

2011-10-11T04:55:00.000-07:00

By Name Numerology

Choose Your Business
As Per Numerology

To succeed by name numerology, ensure that Your Name, Business Names, and Lucky Numbers have mutually favorable vibrations.
You should choose your business supported by your Lucky Numbers.
You should enter only that business which Suits you Best!
Choose it as per Your Lucky Numbers. You will be crowned with Success! Be not like the copy cats, who try others business and burn their fingers.

Do your Numerology Calculation And Find Your
Day Number, Life Number , Name Number, And Compound Number!

Day Number Indicates And Life
Number Decides Profits

When you apply the principles of name numerology, you will know what business will suit you the most. Your day Number, by its nature indicates certain lines of business. These will normally suit you.
Your life number should also indicate that business, for huge business success! It also depends on the strength of your name number. The name number acquires more powers as you age, and adds to your success.

Why Traditional Numerology Fails?

Name Number And Business Name
Number Decides Success

Both your and your business name, acquire strength with passage of time, creating favorable circumstances for your business success. The mutual vibrations of names and numbers determine the extent of your success.

Measure Luck In Business Names! Tips You Won't Get Else Where!

Business Choice for Day No.1

If your day number is 1, as per name numerology, you have good chances of success in government related business. Religion related business and politics will be profitable. It is important to have the backing of a party.
Government jobs, and doctor profession will suit you well. If 1 is supported by life number of 3 or 6, you can do perfect diagnosis. Backed by 9 you can excel in surgery. 5 enables you to innovate new things.

Free Name And Numerology- What You Miss Out!

Business Choice for Day No.2

Name numerology declares that You will excel in imagination. You can author books, novels and articles. You can be a good lawyer, distributor for goods, textiles, jewelry, toys, drinks, photography will all be favorable.
Researches in religious matters, Dyeing, clothes, and textile processing give good results. Dairy, agriculture produce, perfumes, scents, paper and stationery are also good. Those born on 11 can excel in sports.

Cure Your Chronic Diseases By Lucky Name Numerology!

Business Choice for Day No.3

Social service, Government officers, posts in organizations and clubs, in the navy, army and the air force, teaching, political lectures, coming up by diligence in any respectable profession suits this number well.
Scientific research, and consultancy, business will be favorable for them. Power of Numerology for 3 makes Life number 4 persons great orators. Life number 1 or 6 will help them to become a powerful administrator.

Why Do Other Nameologista & Numerologists Fail?

Business Choice for Day No.4

Name numerology tells you that you will be powerful in reformative ideas, oratory, and writing articles. Other specialties are Philosophy, circus, gymnastics, medicals astrology, dance and music.
You are not made for routine jobs. Your deep knowledge on social sciences, doctrines, and politics will help you to succeed. Publications, printing, cattle farms, furniture, construction, and races will suit you well.

how To Choose Your Numerology Love Match!

Business Choice for Day No.5

As per name numerology, you are a master of all trades. Any business suits you. Your boss too will absorb your luck. If your life number is 1 or 3, you can work for others. Or else, you can be your own master.
You can take over any line and succeed. You will draw big clientele. Commission, brokerage, travel agency, and consultancy will be profitable. It is better not to dabble in every thing and develop a few lines.

Significance Of Your Name Numbers

Take Expert Help

If you are not happy with your name or your business name, change it at once. Use our expert help, through the contact page. We give you, your most Lucky Baby Names, Lucky Business Names and Lucky Personal Names!
We correct your signature, prescribe your Lucky Numbers, Lucky Days,Lucky Gems, and Colors, as per numerology. We confirm their accuracy byhorary astrology, and with the Lecher Antenna, to Ensure your Success!

Consult Us For Name Correction & Business Names!Numerology For Business
More On Business Numerology
Numerology For Business Success
Techniques In Business Numerology
Numerology Business Name

Basics Of Numerology

Name-Numerology For No. 1, 2, 3, 4, 5, 6, 7, 8, 9
Lucky Baby Names & Lucky Business Names! - Contact Us!
Why Choose Lucky Baby Names
Lucky Tips For Business Success!
Love Life Mate Compatibility!
Know The Author Kannan M
Qualifications of Author Kannan M
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business-opportunity

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By Name Numerology

Choose Your Business As Per Numerology

Day Number Indicates And Life Number Decides Profits

Name Number And Business Name Number Decides Success

Business Choice for Day No.1

Business Choice for Day No.2

Business Choice for Day No.3

Business Choice for Day No.4

Business Choice for Day No.5

Take Expert Help

Basics Of Numerology

New! Comments

Choose Your Business
As Per Numerology

Day Number Indicates And Life
Number Decides Profits

Name Number And Business Name
Number Decides Success