family

Emotional Foundation

I'm not exactly sure where it comes from, but since an early age I have been motivated by a sense of justice. As a result, I notice inequality. I see it not only the lack of exposure or the lack of opportunity that keeps many communities in the U.S. impoverished, but also in something more basic – the lack of an emotional foundation – an even playing field of decent parenting and instruction. It's the invisible divide with far-reaching effects. Do you see it?

Are You Likely to be an Entrepreneur?

Recent survey data by Pokin Yeung sheds light on who becomes an entrepreneur. Some tidbits: "Over 50 percent of our founders surveyed have a parent who had also started a business."

"Across the board, startup founders are more likely to do things like play sports, play a musical instrument, or hold a part-time job while still in high school."

"If you’re a first-born, you are more likely to be a founder — 55 percent more likely than the population distribution."

What's Your Life Strategy?

Do you have a strategy for your life? According to Clay Christensen, you should have one: "Your decisions about allocating your personal time, energy, and talent ultimately shape your life’s strategy."

While at Oxford, he spent an hour every night thinking and reading about the purpose of his life. What he learned:

  • "People who are driven to excel have this unconscious propensity to underinvest in their families and overinvest in their careers—even though intimate and loving relationships with their families are the most powerful and enduring source of happiness."
  • "...it’s easier to hold to your principles 100% of the time than it is to hold to them 98% of the time. If you give in to “just this once,” based on a marginal cost analysis, as some of my former classmates have done, you’ll regret where you end up. You’ve got to define for yourself what you stand for and draw the line in a safe place."
  • "Don’t worry about the level of individual prominence you have achieved; worry about the individuals you have helped become better people."