In 1988, “Saturday Night Live” aired a parody commercial deriding clumsy business models. “At First CityWide Change Bank, our business is making change,” said actor Jim Downey, portraying a naive “service representative.” After listing various ways in which his company could break a five, he explained how money is made. “The answer is simple: volume.”...
http://gigaom.com/2009/07/03/maybe-paid-is-the-future-of-online-business/
"...I thought that this sort of rescaling (converting $100 million to $3) was actually a rather good way of comprehending the vast amounts of money in the federal budget: we are not so adept at distinguishing easily between $1 million, $1 billion, and $1 trillion, but we are fairly good at grasping the distinction between $0.03, $30, and $30,000. So I decided to rescale (selected items in) the federal budget, together with some related numbers for comparison, by this ratio 100 million:3, to put various figures in perspective..." -- Terence Tao
http://terrytao.wordpress.com/2009/05/04/the-federal-budget-rescaled/
"Our natural tendency when given advice or criticism is to become defensive and upset. We try to convince the person they’re wrong (or at least to see it from our perspective) which, ironically, has the exact opposite of the intended effect.
Know what the single most effective way is to disarm criticism? Agree with it..." -- Brian Armstrong
http://www.lifehack.org/articles/communication/how-to-take-criticism-like-donald-trump.html
"Google isn’t stealing content from newspapers and other media companies. It’s stealing their control over distribution, which has always been the engine of profits in media. Google makes more money than any other media company on the web because it has near monopoly control over content distribution (i.e. like a metro newspaper in the pre web era)..." -- Scott Karp
Great advice for startups.
Posted: Feb 28, 2009
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