Business is about money. Businesses do not make money.

In business you must imprint the following on your brain: Business is about making money Businesses do not make money The first point is key for understanding where your priorities lie. Politics is about serving the people, journalism is about the truth, NGOs are about helping the less fortunate.Business is about making money.The second point…

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The danger of discriminating based on location

I’ve just read There’s A Bantu In My Bathroom by Eusebius McKaiser. Highly recommended if you’re comfortable with some unspoken truths in South Africa.In one of his essays he discusses the difference between racialism and racism.Racialism is a belief in the existence and significance of racial categories, and social and cultural differences among races.Racism relates…

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Target market: Location is everything

I’ve been in the field of location-based services since 2003. At Cellfind we launched one of the first cellphone tracking services in the world, and since then I’ve been lucky enough to see the location datasets at a telco (iBurst) and a social network (Mxit).Conclusion:  Location is the single most useful piece of data for…

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4 arguments for less gun control

Here I am, in Arizona, gun country… and, it just so happens that the USA is once again boiling with fear and outrage after a shooting tragedy, this time in a Connecticut primary school where a 20-year old shot six teachers (including his mom) and twenty children, and then shot himself.   His weapons? Three…

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3 ways to deal with mistakes

My uncle is a heart surgeon and he recently explained the orthodox means of training future doctors. In essence, when a trainee makes a mistake the teacher follows this mantra:Shame, blame, retrain.In my uncle’s opinion this is wrong. His method is to rather accept that everyone will make mistakes every day. The job of the…

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The danger of “why”

Asking “why” is a very powerful tool, and some would argue it is the sole reason for humankind’s rise to dominate the world as a species. We seem to be alone amongst animals in our ability to seek causation“Why are the birds not chirping?” “Why are there tiger paw marks on the ground?” “Why is…

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Some perspective on taxes in South Africa

Having studied tax law (against my will), and having listened to many people complain of their taxes around the world, I thought I’d give some quick perspective for my fellow taxpayers in sunny South Africa: Belgium has a 50% income tax rate in the highest bracket. The USA has an “exit tax” for renouncing US…

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A possible sign that the world will be a better place one day…

Someone just explained to me that there is virtually no difference in the number of neurons between a chimpanzee’s brain and a human’s brain. The difference arises when one compares the number of connections between neurons.In that regard, human brains are far ahead of chimpanzee brains. Therefore, intelligence is determined by the number of connections…

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The quickest way to improve health in America

After spending 4 weeks driving through the US of A, from Washington DC to San Diego, there are a couple of things that are extremely clear: There are plenty poor people Most poor people are seriously overweight Fast is everywhere Fast food is tasty Fast food is very cheap My wife was the first one…

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Alabama and the Kruger National Park

Alabama is like the Kruger National Park.People visit Kruger so they can see things they’ve only seen in books and on TV. Everyone makes a big deal of it, but the truth is you spend most of your time driving really slowly and looking at thorn trees, zebras and giraffes. You rarely see the desired…

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The three choices in life

You can do one of three things in life: Follow the money Follow the people Follow the heart Each choice has the potential for failure or success. Only one has the potential for no regret.

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Value creation vs value capture

Michael Jordaan recently told me of a Harvard Business Review article where the author distinguishes between businesses that create value versus businesses that capture value. For example, Google is extremely good at creating value, but not so good at capturing value when one considers the value it brings to the world (organizing all the world’s…

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