snearch + cuban_mark   5

How To Use The Reading Habits of Billionaires To Radically Improve Your Intelligence and Success – The Mission – Medium
“Read 500 pages every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.”
...
According to Thomas Corley, author of Rich Habits: The Daily Success Habits of Wealthy Individuals, rich people (annual income of $160,000 or more and a liquid net worth of $3.2 million-plus) read for self-improvement, education, and success. Whereas less well-off people (annual income of $35,000 or less and a liquid net worth of $5,000 or less) read primarily to be entertained.

Well after they graduate, the ultra-successful never stop being scholars. They’re constant learners who have become their own professors in life, so it’s not surprising that they read to improve their knowledge.

The good news is this doesn’t have to be boring. For instance, Fast Company found that the most successful people obsessively pour over the autobiographies of other successful individuals to look for guidance, find inspiration, and get motivated.
Erfolgsprinzip  lesen  Gates_Bill  Buffett_Warren  Cuban_Mark  Musk_Elon  citations 
november 2016 by snearch
Don't Follow Your Passion: A Smarter Way to Find a Product to Sell | Hacker News
DanielRibeiro 12 hours ago | link

Or, as Bret Victor said once[1], you can also follow a principle:

There are many ways to live your life. That's maybe the most important thing to realize in your life, that every aspect of your life is a choice. There are default choices. You can choose to sleepwalk through your life, and accept the path that is laid out for you. You can choose to accept the world as it is. But you don't have to. If there's something in the world that you feel is a wrong, and you have a vision for what a better world could be, you can find your guiding principle, and you can fight for a cause. So after this talk, I'd like you to take a little time, and think about what matters to you, what you believe in, and what you might fight for.

[1] http://gumption.typepad.com/blog/2012/03/principle-centered-...



spiredigital 12 hours ago | link

I'd respectfully disagree. The original context of Cuban's advice is here:

http://blogmaverick.com/2012/03/18/dont-follow-your-passion-...

..and an especially relevant excerpt related to your comment:

"Why? Because everyone is passionate about something... ... [things] that we really really want to do with our lives. Those passions aren’t worth a nickel."

His overall point is that instead of blindly following after your passions and "hoping" things will work out, you should count on effort and hard work.

Technically, you're right - Cuban wasn't talking about specifically picking an eCommerce niche. But he does make the great point that if you're successful at something - regardless of what it is - you usually become passionate about it.

The problem faced by many new entrepreneurs is that their passion-based business plan doesn't get traction, and they give up. But if you start with a effort and market based business plan, a new entrepreneur is much more likely to succeed. And when they're successful with their business, they'll become very passionate about it.



richardw 12 minutes ago | link

This was on HN a month or so ago, and has a lot more detail about many of the same points:

http://www.ecommercefuel.com/profitable-ecommerce-ebook/

One of the points raised: you're going to get interested in whatever the niche is, if you plan on competing effectively. So choose wisely because you'll be immersed in it.
TOP  Inspiration  Profession  Victor_Bret  print!  Business  Entrepreneurship  Cuban_Mark  Entrepreneurs/Freelancer  mehr_A_verdienen 
june 2012 by snearch
2 Quick Hits On Sports Media and The Stock Market « blog maverick
“Buy and hold is long dead. It has always been a sucker’s bet. Proponents point to charts of index performance over the long term; unfortunately, things like house repairs, kids, and college tuition don’t follow the same chart.

Buy and hold is a great marketing slogan for funds that want to take your money. Nothing more or less.”
Cuban_Mark  Strategie  investing 
june 2009 by snearch
How Twitter and Facebook Now Compete with Google « blog maverick
For the 1st time ever, more people are finding my blog from Twitter and Facebook referrals than via Google. The total number of people coming to my blog is increasing. The percentage of people who find it via Google is declining. Significantly.
Internet  Inspiration  Cuban_Mark  Trend 
may 2009 by snearch

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