Apr

8

Lessons from the Warrior of the Light

Filed Under changing the world, entrepreneurship, execution, failure, fear, goal setting, passion, perseverance, quotes, regular reads, self improvement, startup, strategy, things to ponder about, things to remind myself, values | Leave a Comment

I’m definitely a fan of Paulo Coelho, the renowned Brazillian author. He has a unique way of teaching the lessons in life that he has learned through storytelling.

A few lessons from the Warrior of the Light.

Using one’s own madness

A warrior of the light studies very carefully the position he wishes to conquer.

However difficult his objective may be, there is always a way to overcome the obstacles. He verifies the alternative routes, sharpens his sword, and seeks to fill his heart with the perseverance necessary to face the challenge.

But, as he advances, the warrior realizes there are difficulties he had not foreseen at the outset.

If he waits for the ideal moment, he will never move from his position; he sees that a little madness is needed for the next step.

The warrior uses a little madness. Because - in war and in love - one cannot foresee everything.

Life is such that if you wait to gather 100% of every single detail before you can make a decision, others would have surpassed you. If you waited for the fog to clear, then what you see is what everyone else will also see. Given the perfect picture, anyone sane would make the same correct, best choice. This is exactly how *not* to beat the market.

CEOs often make decisions with incomplete data–and that takes a little madness. It’s about making decisions with the best information possible available at that time. Standing still through inaction is waiting to fail–and I’ll fail from action than inaction.

So when do you put yourself out there and wear your heart on your sleeve?
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Mar

29

Technology and Changing the World: Trends roundup - March 29, 2008

Filed Under business, changing the world, entrepreneurship, microfinance, mobile, passion, poverty, regular reads, startup, technology, things to ponder about | Leave a Comment

This post consists of my “value-added” thoughts on David Kirkpatrick’s article on Fortune here.

Since I love all things technology and passionately believe that it wields the power to change the world, these numbers are just plain interesting to me. I’ve overlayed on the data some general technology trends on Web 2.0 startups, venture capital, microfinance and poverty, all cleverly slapped into one big fat blog post. Why? Because they’re all inter-connected, and I haven’t written anything all this week (been so darn busy lately!) Off we go.

Indonesia:
- 1 in 100 owns a PC
- 1 in 1,000 has broadband Internet
- 63 million cell phone subscribers, representing 27% of the population (of 234 million)
- Annual cell phone subscription growth rate: 36%

India:
- 166 million cell phone users
- Last year’s cell phone subscription growth rate was 84.5%

Switzerland:
- The Swiss have 85.1 PCs per 100 persons, beating the United States at 80.3 PCs per 100 persons

Global PC penetration is 12.9 for every 100 people. Room for growth? You bet. Many of PC owners are obviously in well developed countries, and not poor countries with lots of people. OLPC’s efforts to reach the billions at the BoP will move the needle here, if they succeed. Not forgetting the “middle” market, more of those who are neither rich nor poor will also buy computers and get on the internet. (Better start loading up on some PC stocks!) But wait, am I sure that the middle-class is not going to get poorer and not buy computers? Well the stats from Hans Rosling’s TED talk show that the overall trend here is that the world is slowly digging itself out of poverty, and I take comfort in that. Actually, read on below as I describe another trend that supports that.

Now, for some cell phone stats:

United States:
- 77.4 subscribers per 100 people
- Everywhere in Europe (except Turkey) exceeds penetration in US. Italy is at a whopping 135.1 cellphone subscribers per 100 persons.
- Hong Kong beats the US in penetration too, at 135.3

The global average is 41.6 per 100 people.

Cellphone usage growth in fast growing markets last year*:
- Peru: 57%
- Vietnam: 114%
- Pakistan: 170%
- Ukraine: 185%

*numbers might be fuzzy, but they show a general trend

What’s also important to note about this upward trend in adoption is that mobile phones were the crucial piece that first enabled the poor in Bangladesh to get out of poverty (see section on Village Phone). Women built business models around it and turned it into a source of income. These days, mobile phones are also playing another role in microfinance: enabling the transfer of money and information over, well, mobile phones! In poor countries, a brick-and-mortar bank branches with ATMs are hard to come by (ditto for computers and broadband), so mobile phones are serving this unmet need, facilitating microfinance and thus helping reduce poverty.

Other interesting stats:
- 1.3 billion of global population connected to the Internet, compound annual growth of 20.3% for past 8 years.
- Internet ad spending of $40 billion is only 6.6% of global total of $605 billion and is growing at 33%. (Ha, I should double down on this little company while I can!)

Data from 2008 Global Internet Snapshot compiled by Imran Khan, senior analyst at JP Morgan. (hmm, can anyone get me access to that full report?)

That’s why medium and big tech companies can weather the unfavorable US economy trend by going abroad. Fruit trees in your backyard not yielding? Then go after the greener pastures outside of your backyard too. It’s called diversifying. That’s the other thing I love about software is that it’s not a physical object–a computer scientist can create value with merely a laptop (and some coffee!) The cost of making that first software copy is the most expensive, then every other subsequent copy ad infinitum is basically free. This is just the nature of information economics, and has obviously served Microsoft very well. Actually, tiny tech startups can do this too — by leveraging the distribution power of this thing they call the internets.
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Mar

18

The best thing I read today

Filed Under career, failure, fear, passion, perseverance, product management, quotes, self improvement, things to ponder about, things to remind myself, values | Leave a Comment

Question: Describe your job in one sentence.
Answer: The art of prospering between a rock and a hard place.

That reminds me of a quote:

There are really only two ways to approach life - as victim or as gallant fighter - and you must decide if you want to act or react, deal your own cards or play with a stacked deck. And if you don’t decide which way to play with life, it always plays with you.
– Merle Shain

Which reminds of awesome book I read titled “The Pathfinder” by Nicholas Lore–which I highly recommend. (Thanks for the recommendation, Becks!)

You can at any moment, take flight on new wings into an unprecedented life making a choice for vitality, for living fully, for LIFE spelled in capital letters. It is, however, an expensive journey. You pay by giving up the familiar, comfortable, everyday ways of living and thinking that are the wages and rewards of going with the flow of your programming.

The willingness to feel fear and keep going forward distinguishes the living from the merely breathing. In fact, it is not just the so-called negative emotions that are uncomfortable. When you choose to live fully, your palate of experiences, thoughts, emotions, and possibilities expands. This leads you onto new ground in other areas of your life as well. And, folks, all that newness swirling around just ain’t comfortable.

The question is not whether to take risks, but which ones to take. The peril of being reasonable is that you will miss all the fun. It’s not enough to cautiously edge your way towards the cliff. Learn to revel in taking risks for the sake of your soul. Every choice you make gives birth instantly to certain risks as surely as your shadow follows you.

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Mar

10

Inveneo: The battle against information poverty

Filed Under changing the world, entrepreneurship, innovation, passion, startup, technology | Leave a Comment


While most of us in the well developed parts of the world battle attention poverty (I’ve come to peace with the fact that I will *never* be able to keep up with all of my RSS feeds!), we forget that this is actually a luxurious problem to have. Many in the underdeveloped world face the opposite problem: information poverty–the lack of access to information, which in turn means lack of access to knowledge and education, which really feeds back into the cycle of financial poverty.

As more people hop on the internet bandwagon in the developed world at rates that dwarf technology adoption in the poor countries, this will obviously further increase the gap between the rich and the poor–which we all know is a not a good thing. If you are unable to find food to eat or medicine for your baby, would you consider violence and theft? Decision making under those circumstances are difficult. The poor becomes an easy target for people with bad intentions; can you imagine someone walking up to you with a gun and saying, “Fight for me, and I’ll give you food.”

This digital divide is not a newly discovered problem, and is actually one of the initiatives of the World Economic Forum. I’m passionate about technology because I believe it’s an enabler for a better quality of life. I’m excited that I’m not the only one who thinks so, and there is a real startup with real products with that same vision (imagine that!).

Inveneo says it well in their mission page:

Information and Communication Technologies (ICT) can:

  • help save lives (rural healthcare and relief)
  • provide better economic opportunities (agriculture, market access)
  • help enforce human rights (monitoring/reporting)
  • offer a better future for children (education)

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Feb

25

Fear of the defeats they will meet on the path

Filed Under failure, fear, passion, people i like, perseverance, quotes, things to remind myself | Leave a Comment

Anyone who fights for their dream, suffers far more when it doesn’t work out, because they cannot fall back on the old excuse: “Oh, well, I didn’t really want it anyway.” They do want it and know that they have staked everything on it and that the path of the Personal Legend is no easier than any other path, except that their whole heart is in this journey. Then, the warrior of light must be prepared to have patience in difficult times and to know that the Universe is conspiring in his favour, even though he may not understand how.
– Paolo Coelho

Feb

20

Ridiculously sick work ethic

Filed Under career, changing the world, did you know, execution, goal setting, passion, people i like, perseverance, things to remind myself, values | Leave a Comment

I’ve never really viewed myself as particularly talented. I’ve viewed myself as slightly above average in talent. And where I excel is ridiculous, sickening, work ethic. You know, while the other guy’s sleeping? I’m working. While the other guy’s eatin’? I’m working. While the other guy’s making love, I mean, I’m making love, too. But I’m working really hard at it.

You can look at the first six episodes of the Fresh Prince and I was so hell bent on not failing that I memorized the entire script. And you can see in certain shots they try to cut around it as much as they can, but I am mouthing the other actor’s lines.

Nuff said, this guy is my hero and role model.

More from CBS.

Feb

9

Randy Komisar

Filed Under business, career, changing the world, innovation, mentoring, passion, people i like, quotes, self improvement, stanford, startup, things to ponder about, things to remind myself, values | Leave a Comment

Randy Komisar, when asked in an interview about how he would ever make his mark at VC firm like Kleiner Perkins Caufield & Byers when they have a track record of investment home runs like Google says,

It’s a high bar, there’s no question about it. But I don’t feel competitive against that. I mean I think that the goal for me is to help create great talent in great companies, and what I’m hoping that in the process, they create wealth and opportunities for others. That being said, trying to measure up against something like Google as an investment return, that would just make you anxious. I don’t feel very competitive with that. I just hope that I continue to do good work and contribute.

I think that’s great advice. It’s so easy to fall into the trap of benchmarking yourself against a rare one time astronomical success. It only makes you more anxious and cloud your judgement in decision making, spinning you into an uncontrolled perpetual fall downwards. The negative energy just feeds back into the system and snowballs.

I think I have fell into that trap of focusing on the wrong thing. I think the reason why I fell for that is because I am very competitive. It’s only natural that when I see someone doing better than me, that I only want to do even better–to win. I’m not a life-is-a-zero-sum game guy, but I am competitive.

I think the other reason is because sometimes I care too much about what other people think of me. And it is so easy for external parties to view you from the outside and say, “Why can’t he accomplish this feat? Someone else has already done it, and therefore it’s possible. If he can’t do it, then he must be a loser”. It’s easy to benchmark others against the best. Not so funny when others benchmark you the same way.

That’s exactly what happened in that interview. The interviewer asked Randy a question that same line of external judgement: “how do you think you are going to beat the record?” In my opinion, Randy’s answer was perfect, “Look, I know it’s difficult, but I don’t ask myself that every time I go to work, or in every investment decision I mae. I focus on what’s important really here: contributing, creating wealth and opportunities to the best I can” I think I would have bombed that test. I would have said something that displays my naivete like, “oh, that’s nothing–I’ll beat it.” Sounds Dilbert-ish.

Towards the end of the interview, Randy was asked what his recommendation was for people who starting out and looking for a profession. The interviewer asked if he would recommend his own career trajectory he took, for instance. Randy says,

You should question authority, question convention, question other people’s expectations. We live in a day and time when all things are possible for people who have the raw intelligence, energy, and dedication to reinvent things. And that includes reinventing themselves. The shame of it is when smart people conform to conventional expectations and miss out on the opportunities to live a creative life. Within that confine, almost anything can be a great profession and can be a good and purposeful life’s work. But first and foremost, it’s gotta be important to you.

Randy Komisar one of the mentors at the Stanford Technology Ventures Program.

Jan

9

What a man can be, he must be

Filed Under passion, quotes, things to remind myself | Leave a Comment

What a man can be, he must be
– A.H. Maslow, A Theory of Human Motivation, Psychological Review 50 (1943):370-96.

Dec

22

Facts about helplessness at work

Filed Under career, did you know, fear, passion, things to remind myself | Leave a Comment

I have held previous jobs where I felt just absolutely shitty and felt just completely helpless, not knowing how to dig myself out of the deepest trench in my life. Out of challenging moments and difficult times, you always learn something out of it. Consider it character building–the tough way. I read this today and am sharing this here to remind myself in future:

Among small-business owners and employees, those with a stronger sense that they control what happens to them in life are less likely to become angry, depressed, or agitated when faced with conflicts and strains on the job. But those who feel little control are more prone to getting upset or even quitting.

In a study of 7,400 men and women in London civil service jobs, those who felt they had to meet deadlines imposed by someone else and had little say in how they did their work or with whom they did it had a 50 percent higher risk of developing symptoms of coronary heart disease than those with more job flexibility. Feeling little control over the demands and pressures of the work we have to do holds as a great risk of heart disease as risk factors like hypertension.

That is why, of all the relationships we have at work, the one with our boss has the greatest impact on not just our emotional health, but also our physical health.

Read more

Dec

13

You must want a big success and then beat it into submission

Filed Under business, career, changing the world, goal setting, passion, people i like, perseverance, quotes, regular reads, things to remind myself | Leave a Comment

I love quotes! And here’s a good one I picked up today from Marc Andreessen’s blog post today:

Marcus Loew, founding father of the motion picture industry and founder of Loews Theatres and MGM:

Ambition!

You must want a big success and then beat it into submission; you must be as ravenous to reach it as the wolf who licks his teeth behind a fleeing rabbit; you must be as mad to win as the man who, with one hand growing cold on the revolver in his pocket, with the other hand pushes his last gold piece on the ‘Double-O’ at Monte Carlo.

As quoted in Neal Gabler’s outstanding An Empire of Their Own.

On another note, today I learned that OLPC’s Linux-based operating system was available for download, and so I wanted to check it out for myself. It’s pretty neat. Now I know what my blog looks like when rendered on an OLPC:

times-jliew-olpc
Also interestingly enough, when I uploaded the above screenshot on Flickr, the admin of a group (on Flickr) for the OLPC: One Laptop Per Child group asked if I could use this picture, to which I said yes. Do check out their gallery for more pictures of this laptop.

Dec

9

Putting up with grief

Filed Under failure, fear, passion, quotes, self improvement, things to ponder about, things to remind myself, values | Leave a Comment

Retired Stanford business professor James G. March asserts that “short-term reality is an insult to the vision. You have to be self-delusional to create change - it’s a useful craziness guided and founded on your clear identity and knowing what you must do.” What lessons in leadership can be learned from Don Quixote? According to March, “We live in a world that emphasizes realistic expectations and clear successes. Quixote had neither. But through failure after failure, he persists in his vision and his commitment. He persists because he knows who he is.” Builders are not only willing but indeed determined to put up with the grief that results from pursuing their dreams.

The above was from a book review on Amazon. Some powerful stuff. I had to take a few moments after reading that just to fully absorb it.

Dec

9

What is your coping mechanism for bad news?

Filed Under failure, passion, perseverance, quotes, self improvement, things to ponder about, things to remind myself | Leave a Comment

Today, I watched the 2007 keynote from TechCrunch40 where Mike Moritz interviewed tech heavyweights Marc Andreessen (of Netscape, Ning, Opsware fame), Chad Hurley (of Youtube fame), and David Filo (of Yahoo! fame).

Marc Andreesen has a point on being CEO, that it’s not a job cut out for everyone.

CEO job is an unrelenting stream of bad news. If it’s a international big company, then you get bad news from all over the world. The key is to be able to listen to and absorb all that news, then filter and act on it; not letting it get to you emotionally.

Read more

Nov

18

Wyclef on 1 world, 1 race, and the American Dream

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Did you know that Wyclef Jean (yes, the rapper) was appointed as a goodwill ambassador to Haiti and was awarded a diplomatic passport?

Famous performing artists wield quite a bit of power, and it’s not surprising that they sometimes help drive political agendas. Look at Arnold Schwarzenegger. Who would have guessed that he would one day become the Governor of the great state of California?

Leaders are great salespeople. They can tell a great story, to move people. Here’s Wyclef’s 7 minute story of 1 world, 1 race, and the American Dream.

This land is the land of opportunity. There’s books, there’s libraries. You get a bus card. You can take the train.

Wyclef, thanks for keeping the dream alive.

Nov

16

What would you die for?

Filed Under changing the world, fear, passion, quotes, stanford, things to ponder about | Leave a Comment

And even if he tries to kill you, you’ll develop the inner conviction that there are some things so dear, some things so precious, some things so eternally true, that they are worth dying for. And I submit to you that if a man has not discovered something that he will die for, he isn’t fit to live.
– Martin Luther King, Jr., Speech at the Great March on Detroit

MLK would willingly die with no regrets for a cause worth fighting for. Do you know what cause you are fighting for? What would you die for?

From the Martin Luther King, Jr. Research and Education Institute at Stanford

Nov

7

Be foolish enough to try make your dreams come true

Filed Under changing the world, innovation, passion, people i like, perseverance, quotes, stanford, startup, things to remind myself | 2 Comments

An entrepreneur is someone who dares to dream the dreams and is foolish enough to try to make those dreams come true. Innovative bottom up methods will solve problems that now seem intractable- from energy to poverty to disease. Science and technology, powered by the fuel of entrepreneurial energy, are the largest multipliers of resources we have to solve our many social problems.

– Vinod Khosla, founding CEO of Sun Microsystems, former partner at Kleiner, Perkins, Caufield & Byers, partner at Khosla Ventures

An interview of Vinod, from iinovate. I found this podcast by accident from browsing the iTunes store after purchasing my new iPod nano. I’m impressed by it, and I love having access to the audio and video podcasts on the go. It’s like having a small TV on demand wherever I go. Do watch the video clip below, and visit iinovate

Here are some of my notes that to me are the key takeaways:
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Sep

19

Roadtrip Nation

Filed Under execution, failure, fear, goal setting, passion, self improvement, things to remind myself | Leave a Comment

I just discovered this thing called Roadtrip Nation today, and it’s actually pretty cool — a bunch of kids going around the country interviewing successful people and learning from them.

Key takeaways from just these four video clips,

  • You have to be prepared to die trying (as 50 cent would say, “get rich or die trying”)
  • You have to be OK with failing
  • Be true to yourself, find your passion. You may not see the immediate impact, so it’s a matter of staying focused, searching inside of yourself, and believing in yourself that you can do it
  • Leaps of faith and terrifying, but you have got to leap
  • Ask yourself what is the worse that could happen — more often than not your world will not come to an end like you thought it would
  • Worrying about the future won’t help. Find your calling, and just do it. Don’t overanalyze.
  • Use your time to make mistakes while you are young, the world is your oyster. The key is to learn from your previous successes and mistakes, and taking those experiences to your next challenge
  • Make the most with what you have, you are ultimately accountable for your own success

Plenty of good ol’ advice from all these video clips. Unfortunately I don’t have the luxury to watch them all at the moment, I got a tonne of stuff to wrap up before my upcoming backpacking trip to Europe

Sep

17

Third-world stats and myths

Filed Under changing the world, did you know, ideas, microfinance, passion, people i like, things to ponder about, winds of change | Leave a Comment

The following TED video clip is AWESOME. 20 minutes well worth your time, I personally guarantee it.

Key points for myself:

  • It’s better to be healthy first, then wealthy later (vs. the other way around)
  • GDP per capita is tied directly to infant mortality rate
  • We’re moving towards 1 world, 3rd world countries are slowly pushing out of poverty
  • Cookie-cutter approaches don’t always work, 1 size fits all cannot be applied everywhere
  • Some people are unwilling to share data that can help change the world
  • $100 dollar OLPC initiative is truly changing the world

Amazingly cool graphs! Makes me believe even more in why the non-profit microfinance I am helping out with can really make the world a better place. I would love to one day meet Hans Rosling in person.

Sep

12

Ray Kurzweil’s TED talk

Filed Under changing the world, innovation, passion, people i like, technology | Leave a Comment

I’m somewhat familiar with the name Ray Kurzweil and his works in artificial intelligence, and today I can finally associate a face with that name. Below is a vid clip of a talk he gave at TED. Little things like that makes me truly believe in technology, which I have a passion for. If you have 23 mins to spare, and you somewhat like technology — then you will like this:

Aug

31

The samurai and his sword

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A samurai who does not polish his sword every day will find that when most he needs it, the sword has grown rusty.

Everyone has a skill that they are good at, a skill others would describe as a natural talent to this person. This quote reminds me that no matter how skillful you are, if you don’t practice, you will lose it. Another great reminder of why you shouldn’t take anything you consider your talent, for granted — but instead, practice and invest to get better at it. With true passion, you may one day become the best in the world at it.

Aug

14

Don’t wish the ride was smoother and keep smiling

Filed Under business, career, failure, fear, passion, quotes, self improvement, things to remind myself, uncategorized, values | Leave a Comment

Corollary to the quote I posted yesterday, a Google search for that quote yielded this page with a priceless story and timeless advice:

Last week I had the pleasure of meeting a man who, despite a severe speech impediment, had become the top salesman at his company. It was such an unlikely story that I asked him how he’d done it. He joked, “with a lot of bruises and scars.” He went on to say, “Not surprisingly, the road was terribly tough for me. I was awful in the beginning — and it lit a fire under me. It made me work harder than everyone else. I resented it then, but I’ve come to realize it was a blessing in disguise.”

Consider this:

In life, it’s the rough patches that build your strength and character. They test you. They make you dig deeper, think harder, and risk more. Use them to your advantage. Don’t play the victim. Get up and get creative. It’s what you do when the going gets tough that defines you.

Try this:

When you hit a rough patch:
1. Don’t wish the ride was smoother - it’s not supposed to be.
2. Use the challenge to get smarter.
3. Tackle one thing at a time - don’t overwhelm yourself.
4. Keep smiling throughout.

Question: How have you used rough seas to your advantage?

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