Business, Organizations, Balance is Essential

Building The Next Pixar | Fast Company | Business + Innovation: "....Most important, though, is awareness and even embrace of potential failure. "Ed Catmull says the purpose of an organization isn’t stability, it’s balance," says Rowghani. "Stability is when you sort of pour concrete around something and just bolt it down. Balance is a state where if you think about yoga, you’re standing on one leg and you’re swaying left and right in these tiny little movements, but you’re able to stay balanced.” In any organization, there are various factions intent on advancing their own interests--product, marketing, communications, sales--which may or may not align. And here is where balance is essential....."

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Overnight Success, Timing, Perseverance, 10 Years Work

'Timing, perseverance and 10 years of really hard work will eventually make you look like an overnight success' -- Biz Stone.

Biz Stone: Life After Twitter - WSJ.com: "...Finally, when Google went public, Mr. Stone was able to pay off all of his debts. He subsequently left the company to start a podcasting venture with Mr. Williams that failed, forcing them to switch gears and form another company that gave rise to Twitter. They started Twitter without a business plan. "Old-school business guys would think this sounds crazy, but it is cart-before-the-horse to build your business model before you've shown your services are valuable to a whole bunch of people," he says. "It's a leap of faith when you start something like this." Instead, Mr. Stone advocates assembling a large user base for a product and worrying about making money later. Still, he admits that this philosophy works best with new-media companies. "If you're starting a bookstore, it's a different thing," he says...." (read more at link above)

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France Says Au Revoir Entrepreneurs

Au Revoir, Entrepreneurs - NYTimes.com: "But for the most part, they have fled across the English Channel, just a two-hour Eurostar ride from Paris. Around 350,000 French nationals are now rooted in Britain, about the same population as Nice, France’s fifth-largest city. So many French citizens are in London that locals have taken to calling it “Paris on the Thames.”" (read more at link above)

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Corporate Governance, Charles Munger (pdf link)

Corporate Governance, Charles Munger (pdf link) - a definite "must read"

http://www.gsb.stanford.edu/sites/default/files/38_Munger_0.pdf

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