Archive for November, 2013

Connor on Mentally Strong People: 13 Things They Avoid

Monday, November 25th, 2013

13 Things Mentally Strong People Don’t Do.

20 Habits of the Financially Successful

Monday, November 18th, 2013

Via DaveRamsey.com, 20 character traits and habits that make the difference between rich and poor:

1. 70% of wealthy eat less than 300 junk food calories per day. 97% of poor people eat more than 300 junk food calories per day. 23% of wealthy gamble. 52% of poor people gamble.

2. 80% of wealthy are focused on accomplishing some single goal. Only 12% of the poor do this.

3. 76% of wealthy exercise aerobically 4 days a week. 23% of poor do this.

4. 63% of wealthy listen to audio books during commute to work vs. 5% for poor people.

5. 81% of wealthy maintain a to-do list vs. 19% for poor.

6. 63% of wealthy parents make their children read 2 or more non-fiction books a month vs. 3% for poor.

7. 70% of wealthy parents make their children volunteer 10 hours or more a month vs. 3% for poor.

8. 80% of wealthy make hbd calls vs. 11% of poor

9. 67% of wealthy write down their goals vs. 17% for poor

10. 88% of wealthy read 30 minutes or more each day for education or career reasons vs 2% for poor.

11. 6% of wealthy say what’s on their mind vs. 69% for poor.

12. 79% of wealthy network 5 hours or more each month vs. 16% for poor.

13. 67% of wealthy watch 1 hour or less of TV. every day vs. 23% for poor

14. 6% of wealthy watch reality TV vs. 78% for poor.

15. 44% of wealthy wake up 3 hours before work starts vs.3% for poor.

16. 74% of wealthy teach good daily success habits to their children vs. 1% for poor.

17. 84% of wealthy believe good habits create opportunity luck vs. 4% for poor.

18. 76% of wealthy believe bad habits create detrimental luck vs. 9% for poor.

19. 86% of wealthy believe in life-long educational self-improvement vs. 5% for poor.

20. 86% of wealthy love to read vs. 26% for poor.

Interview with entrepreneur Enrique Duhau

Monday, November 11th, 2013

Entrepreneurial Agriculture

k27-coverEnrique Duhau is President of Administración E. Duhau S.A., one of the largest producers of grains and beef in Argentina. Educated in Buenos Aires, London, and New York, he was also co-founder of Apple Argentina and Maxim Software, which produced software for Apple products to be sold internationally. In 1990, he co-founded Junior Achievement Argentina, to teach young kids entrepreneurial abilities and philosophy.

Education and early career

Kaizen: Argentina is noted for its agriculture, and your company is a big part of that. Your story starts here in Buenos Aires?

Duhau: Yes, I was born here. My mother was born in England, but her parents were born in Argentina. And I have a long list of entrepreneurs on both sides.

Kaizen: Is entrepreneurship in your genes or is it family culture?

Duhau: Argentina was very, very entrepreneurial a century ago when my ancestors came here and it still maintains the culture. London Business School, where I studied, does an annual survey of many countries. Argentina is not at the top, but it is quite high on the list.

Kaizen: Is this in terms of young people’s entrepreneurial aspirations?

Duhau: Not just aspirations—doing lots of new business. Part of it is because people for some reason are catapulted into entrepreneurship.

Kaizen: Entrepreneurship by necessity.

Duhau: Yes. But I think it is a mixture. Some people by necessity become entrepreneurial, but for others it is not a necessity, it is a vocation. I think it is part of the country and culture.

Kaizen: What was your schooling like?

Duhau: I went to an English-Spanish bilingual school here in Buenos Aires through elementary school and high school. Then I went to university here in Argentina. There were two types of universities then: government and private. Most of my friends went to the private universities, but I decided to go to the state university. I had always been very interested in getting into contact with everyone across society.

Kaizen: A wider mix of people?

Duhau: Yes. It was very, very interesting.

Kaizen: When you were young, did you plan to go into business?

Duhau: Since I can recall, I’ve always dreamed about business and I discussed with my father different types of business and how I could make money.

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Elon Musk on failure, success, and what’s worth doing

Sunday, November 10th, 2013

At Business Insider:
16 Genius Quotes From Eccentric Billionaire Elon Musk

Was the Dutch tulip bubble irrational?

Thursday, November 7th, 2013

An entertaining and instructive bit of economic history. What caused the Dutch tulip bubble of 1637 — “Animal spirits”? Mania? Changing government regulations? Demand or supply shock? The Economist explores.

Mark Cuban: 6 great books for entrepreneurs

Sunday, November 3rd, 2013

Mark Cuban, the owner of many entertainment and sports businesses, including the Dallas Mavericks, comments on six must-read books for aspiring entrepreneurs.