Quantifying Risk Risk is such an interesting topic. There are hundreds of books written on the topic and mathematicians have spent many lifetimes studying how to quantify, measure and calculate risk. The entire body of statistics is dedicated to this ‘science’. Yet after all these years we are still no closer to knowing which path to take in life. In a recent presentation we had a very interesting discussion between a former employee, Denise, and a former business owner, Jan. It went something like this. Denise, “I would like to open a business but it is too risky”. Jan, “I
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Climbing a Mountain – One Step at a Time Many years ago I listened to an interview of a well known author. As the interview progressed one of the questions had to do with writers block. The interviewer wanted to know what special things the writer did to reinvigorate his creative juices. ‘Do you kayak, hike, watch a sunset, …. Where to you find inspiration?” The author’s answer was insightful. “I find inspiration by doing. I sit down at the typewriter and begin writing. Inspiration is not found on the top of a mountain, it is found through good, old
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The Three Most Important Lessons in Business A couple of weeks ago I was flying home from a meeting and I had the pleasure to sit next to a very thoughtful gentleman.  He was a professor, public speaker and author.  As you imagine, our conversation covered many topics and was interesting at many levels; however, at one point during the conversation he presented me with a very interesting question.  The question he posed was as follows – You have just returned from the doctor with bad news regarding your health and tomorrow you have to deliver a lecture to your
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It All Starts Between The Ears Have you ever heard anyone say, “You are what you eat”? If you eat too much unhealthy food, eventually you end up with an unhealthy body. The same relationship occurs with fuel for your car. Fill up with bad fuel and the car will not run well. We all know this is true. Well guess what, same is true with your brain. What you read, watch and listen to, has a dramatic impact on how you think. Our brain is truly amazing. It takes the fuel we give it, information, and uses that fuel
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