A common trait among forward-thinking Generation Y “millennials” are that they don’t just want to make money (who doesn’t?), but to also do good by giving back some how, by changing the world for the better, by actually making difference. For this group of young adults, they may have struggled with the question of “to work for a non-profit or for-profit?”

The lines between the for-profit and non-profit jobs are blurring, which means that the actual experience gained, and the job compensation, whichever your choice, is roughly the same. Thus, this question can be effectively boiled down to, “which path feels better?”, or “which as a larger touchy-feely” factor?

In light of all the large corporation scandals (wow, Wikipedia has a list here), it’s no wonder that the winner to the touchy-feely question is undoubtly, the non-profits. However, I do think, nay, believe that if executed properly, for-profits can make a larger and more lasting impact on the world.

This is exactly what Bill Gates has done, all “Microsoft is evil”  puns aside. From Anil’s blog:

Bill Gates has pulled off one of the greatest hacks in technology and business history, by turning Microsoft’s success into a force for social responsibility. Imagine imposing a tax on every corporation in the developed world, collecting $100 per white-collar worker per year, and then directing one third of the proceeds to curing AIDS and malaria. That, effectively, is what Bill Gates has done.

Now that, is powerful. Microsoft might as well be a sovereign multi-national government. I think this is a feat tough to pull by a non-profit–simply because it might involve some questionable tactics in business.

I’ve blogged here about a book by C. K. Prahalad, titled “Fortune at the Bottom of the Pyramid“, which essentially concludes with proof that making profit is not mutually exclusive from helping the poor. Prahalad is a distinguished professor of strategy at the Univ. of Michigan.

If I had to pick the critical technology for the 20th century, .. I’d say it was the sitcom. Starting with the Second World War a whole series of things happened–rising GDP per capita, rising educational attainment, rising life expectancy and, critically, a rising number of people who were working five-day work weeks. For the first time, society forced onto an enormous number of its citizens the requirement to manage something they had never had to manage before–free time.

And what did we do with that free time? Well, mostly we spent it watching TV.

We did that for decades. We watched I Love Lucy. We watched Gilligan’s Island. We watch Malcolm in the Middle. We watch Desperate Housewives. Desperate Housewives essentially functioned as a kind of cognitive heat sink, dissipating thinking that might otherwise have built up and caused society to overheat.

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Wow, this is the longest lull in my blog since a long time. I have been sooooo busy. I know I’m always busy, but this week was my worse ever.

This past week has just been absolutely surreal for me. Been hit with so many things, in so many dimensions of my life that I’m just sitting here trying to figure out where I am right now. This week is also one where I had really high ups, and also extremely low downs. Standard deviation? Off the charts!

Seems like every time I double down and set my sights on something important, stuff just gets in the way to stop me short. Life has a funny way of messing with me like that. Everything I have ever wanted, I’ve always had to put up a fight for, and .. pay the price. Life has just never has been a walk in the park for me. This week I got slammed with so much madness, even from all the people I care about who cares for me.

Anyways. I can’t stop moving, I have to keep moving to stay alive. Keep my eye on the prize, and off all attractive distractions.

In fact, the more push back I get from seemingly random curve balls that life throws at me .. just gets me even more riled up and want to double down more on my commitment to executing my plans. All is fair in love and war. Life’s a game and I choose to play–even if given the option to observe and not participate. I know I will prevail, because I gots strategy. I recoup, plan, and execute. Bring on the problems!

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.

On a more positive note .. earlier this year I made a resolution to put myself out there and open myself up to the possibility of getting hurt. No pain no gains. Looks like I can mark that off my checklist now! That was fun. Fill ‘er up again!

A person can stand for the rest of his days facing one of the many doors he should go through, but he must understand that he has only truly lived up to that point. He may continue to breathe, walk, sleep and eat - but with less and less pleasure, because he is already spiritually dead and does not know it. Until one day when, as well as his spiritual death, physical death appears; at that moment God will ask: “what did you do with your life?” We must all answer this question, and woe betide those who answer: “I remained standing at the door.”

Thank you, Dr. Randy Pausch.

-If you lead your life the right way, the karma will take care of itself. The dreams will come to you.

-We can’t change the cards we’re dealt, just how we play the hand.

-Brick walls are there for a reason. They are not there to keep us out. The brick walls are there to give us a chance to show how badly we want something. The brick walls are there to stop people who don’t want it badly enough.

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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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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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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MSI announced that the company has recently invented the world’s first powerless air cooler for computer motherboards. For those new to computer hardware, as we ignore Moore’s Law and advance computer technologies by making them faster and store more data, cramming more and more transistors into a piece of silicon, the heat generated by all these components start becoming a non-negligible problem–as anyone managing a data center with hundreds of computers will identify with.

There are many ways to cool the insides of a computer, but the most common is through the use of heatsinks and fan’s. Computer hardware junkies prefer a more advanced hack: liquid cooling, a more quiet and efficient (and l33t) way of dissipating heat from their overclocked CPU’s. This invention by MSI makes the fan inside your computer power-free, thus less power drawn from the computer power supply.

The basic idea employed here is one derived from the Stirling Engine. MSI’s invention captures the heat from the component, whose energy is then converted to push the fan blades around, which in turn cools the heatsink.

From their press release:

The “Air Power Cooler” transfers the chipset heat into air momentum, when the air becomes hot, the air will expand then push the fan to rotate and In doing so cooling the heatsink immediately. After the air moves from the bottom to top of the piston, the air will become heavy to push the up piston down. The better air piston design can transfer over 70% heat power and transfer to air power, that’s great efficiency transfer from Stirling engine theory. In a comparison with solar power the transfer rate is only around 20~30% requiring more surface and as a result cost.

I think the claim of besting solar power is interesting, but would like to see some independent tester verify that statement (just for my assurance that this isn’t the typical corporate PR mudslinging nonsense).

This actually reminds me of Tesla Motors’ regenerative braking system. Energy from deceleration is captured and stored for later use in acceleration. Genius!

In a battery-powered electric vehicle, regenerative braking (also called regen) is the conversion of the vehicle’s kinetic energy into chemical energy stored in the battery, where it can be used later to drive the vehicle. It is braking because it also serves to slow the vehicle. It is regenerative because the energy is recaptured in the battery where it can be used again.

Tesla Motors is an interesting electric car startup in Silicon Valley headed up by Elon Musk (of PayPal fame), who also started SpaceX and SolarCity (I’m an admirer!).

But I digress.
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I learned some interesting financial jargon today.

Competitive advantage, referred to in financial markets as alpha, only comes when you have information that others do not. (An earlier speaker, Eric Christiansen of Barclay Global Investors, made clear that people like him think of three types of data: data that everyone has that gives you no advantage, data that you need to know because it gives you no advantage but not knowing can really hurt you, and finally, data that only you have, and can (briefly) take advantage of.)

Interesting food for thought. I’m going to chew on this for a while, especially #2. What about me that I don’t know about, that other people can see, that can hurt me? (a.k.a. your blind spot)

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.

At Stanford, nonetheless. Best youtube clip I have seen all week :) The star-studded cast in this short video clip includes the likes of, Tina Seelig, Ann Winblad, Steve Jurvetson, Randy Komisar, Guy Kawasaki, and many more. I had the opportunity of meeting Ann Winblad from Hummer Winblad Ventures. She’s so nice, knowledgeable, and totally driven. I like her.

I love this quote from Tina Seelig: “Entrepreneurship is an extreme sport. You gotta get out and do it!” Maybe that’s why I have a thing for this! :D Tina’s voice sounds familiar to me although I’ve never met her. That’s because her talk at STVP is one of my favourite that I listen to over and over from time to time. Tina is awesome, I hope to meet her in person one day.

In my quest to better understand myself, I found these words by Penelope Trunk to be pretty insightful:

People do what their strengths are regardless of what their job description is. Real leaders will lead in any situation they find themselves. Real writers will always write, no matter what their day job is. And real strategists will always think in terms of the conceptual future, from any job they have

** and to rant a little, a big thank you to the script kiddies who are DDoS’ing my web host. If this site seems slow or unresponsive, it’s because it’s under attack. Just come back later.

Myth: Government needs to provide economically viable services
What Grameenphone proved: Private companies can provide them

Myth: Government needs to subsidize private companies
What Grameenphone proved: Private companies can help government with taxes

Myth: Poor people are recipients
What Grameenphone proved: The poor are a resource

Myth: The poor are uneducated and can’t do much
What Grameenphone proved: They are eager learners and capable survivors

Myth: Poor countries need aid
What Grameenphone proved: Businesses raise GNP far more than aid

From the a slide at Iqbal Quadir’s TED talk.

Coincidentally, Courtney from Wokai has just posted her thoughts on this CNN article about mobile money transfers taking off in Kenya–where not everyone has a bank account or even a home address. I believe the saying that creativity can’t flourish without constraints is true. In well off countries like the United States, *everyone* has a bank account and home address, so it’s quite natural to see why the average normal person would care much about being able to conduct banking sans a bank account or home address.

Mobile/cellular technology is a great example. What cell phone users are offered here in the US make us look we’re still living in the stone age–when compared to oh say, Japan.

Sometimes having good things in life can be a burden, in the sense that they might block you from seeing other opportunities. Ever felt that way?
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Recently, I had two people I know who were relatively distant to me, make spot-on comments about me that really confirmed some thoughts I have been having about myself. When I say “distant”, I mean that we don’t regularly hang out, rarely meet each other, and don’t exchange communication much.

This is not to say that all strangers know you well, because that would be just absurd. What I have come to discover is that some of these “strangers” may inherently possess a skill: where they can quickly cut through surface clutter, size you up, and see the inner you quickly and quite accurately. This is also to say that sometimes it’s the people who are the closest to you, who see you day in and day out, that might not be able to give you insightful advice.

My attempt to reconcile this counter-intuitive phenomenon leads me to think that this might be one of those scenarios in problem-solving where the person who has the problem is too close to the problem, or too entrenched in the problem, to possibly see a solution. Hence the saying, “think outside of the box”. Too close to the source of the problem, and sometimes you’ll not just have difficulty coming up with more plausible solutions, but even have trouble in making the right judgement.
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Steve Johnson of Pragmatic Marketing, the winner of Software Idol 2007, gives an entertaining talk about the role of product management in software companies. A 6 min 35 second-clip:

And oh, Happy Q1 of 2008!

Two men went fishing. One was an experienced fisherman, the other wasn’t. Every time the experienced fisherman caught a big fish, he put it in his ice chest to keep it fresh. Whenever the inexperienced fisherman caught a big fish, he threw it back. The experienced fisherman watched this go on all day and finally got tired of seeing the man waste good fish. “Why do you keep throwing back all the big fish you catch?” he asked. The inexperienced fisherman replied, “I only have a small frying pan.”

Sometimes, like that fisherman, we throw back the big plans, big dreams, big jobs, big opportunities that God gives us. Our faith is too small. We laugh at that fisherman who didn’t figure out that all he needed was a bigger frying pan, yet how ready are we to increase the size of our faith?

Great story, that I randomly stumbled on. This actually reminds me of something the famed VC Vinod Khosla once said in an interview, that sometimes entrepreneurs fail because they fail to think big enough. The problem is their self-imposed limitations, and they just don’t realize it.

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.

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.

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Speaking of self-awareness, I had just recently sent out an email survey to some close ones to ask for good and bad feedback on myself. I recently stumbled upon this test from Penelope Trunk’s post and decided to give it a shot. I don’t exactly fancy tedious lengthy questionnaires, and this one was only 20 questions, Penelope recommended it, so I figured I’d give it a shot. Pretty insightful, I recommend it; it tells you how you interact with other personality types. Here is the link to J.T. O’Donnell’s Interaction Style Assessment Test.

Now on some of the questions, they were basically polarized yes/no types, with no in-between answers like “sometimes” or “depends”. That was tough, so just shoot from the hip and go with your gut. First thing that comes to mind is probably right, so don’t think too hard on these questions.

Below is my report card. This is just for my personal reference to remind myself. Take your own test here:

Based on the results of the ISAT, you are an….ENERGIZER!

Full of persuasive energy, ENERGIZERS are natural people-persons. You know how to strike up a conversation and keep it going. Take a look at the following grid to learn more about your professional strengths as they compare to the other three Interaction Styles:

Interaction-Style-Chart

Every Interaction Style is valuable in the workplace. However, the key to being successful on-the-job and as part of a work team is to understand your Interaction Style so that you can A) choose a role on the team that leverages your style’s strengths, and B) understand the other styles on your team so you can communicate with them effectively.
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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

We advance our civilization — or at least our own best interest — by extending the number of operations we can perform without thinking about them.
– Dr. Roy F. Baumeister, Social Psychology Area Director and Francis Eppes Eminent Scholar (Princeton University)

The more I ponder about this, the more I find it to be true. The more processes you can automate with a machine, or if human-intervention is required, then the more projects you can outsource, such that the more things you can accomplish without having to actually “having to be there” or actively think about, the more you advance and move forward.

Same with saving money for retirement — you save the money and let time generate more money for you. That’s why good financial advisers always say that young people should start saving for retirement when they are young. So that you can put time to work for you, which in effect, is just another operation which does not require your active engagement.

To apply this concept into my career — I like automating stuff as much as I can. Let the machine worry about the processes. The more the machine can take work off my hands, the more time I have free to do something else and move forward. Some people actually like not automating stuff, because then it gives them some form of “job security”.
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