Fear is the enemy. At least, that’s what we’re told. Pick up just about any book from starting a business to getting in shape, and fear is the villain. It’s the obstacle every success must overcome and the reason behind every failure. But what if fear is good? Depression, Fear and Nature’s Not-So-Subtle Hints If […]
Manageable Awfulness and How to Let Bad Things Happen
“If you want to invent life-saving medicine, you need to accept that at some point, people will die.” A successful life-science entrepreneur told me this during a conversation. At first, I was shocked at the comment. Isn’t the point of creating new drugs or medical procedures to save lives? But the more I thought about […]
How to Conquer Your Fears – Engineer a Low Cost of Failure
A great deal of self-help emphasizes overcoming your fears. Our fears, we’re told, are the reason we aren’t sky-diving millionaires with supermodel spouses right now. A quick Google search shows over 3.2 million entries for “how to overcome fear.” The book, Feel the Fear and Do It Anyways was a major best-seller. Clearly there is […]
Know Your Burn Rate, and Why it Sabotages You Before You Begin
A burn rate is a term used by new companies. It’s the amount of money that they must spend every month to keep operating. Once the money runs out, the company goes bankrupt. So, in many start-ups, the race is to start earning money before they run out of money. I think the idea of […]