Illiquid shares are worth nothing
If you can’t sell your shares, they’re worth nothing. It’s that simple. So instead of pretending they’re worth something, ask yourself why you can’t sell them. Is it the CEO?
- January 9, 2025
- Alan Knott-Craig
The truth will set you free
No cash. Customer gonna reject you. Product doesn’t work. Wrong partner. Whatever the uncomfortable truth, confront it. That is the only way to more forward. The alternative is to hang
- January 8, 2025
- Alan Knott-Craig
Rather learn from people than criticise them
Zeno, the founder of stoicism, once overheard a man disparaging another philosopher to a crowd of listeners. Zeno walked up to the man and asked him whether he’d learnt anything
- January 6, 2025
- Alan Knott-Craig
Nature rewards groups
There aren’t many long-living loners in the wild. Leopards are loners. Leopards are cool. So maybe you want to be a leopard. But as you get older you have no
- January 5, 2025
- Alan Knott-Craig
Nothing can be done with a dishonest CEO
You can’t manage him. You can’t work around him. You can’t fix him. The business can’t operate. Customers can’t be happy. Staff can’t trust. Nothing can be done with a
- January 3, 2025
- Alan Knott-Craig
Focus on incentives
Years ago, Federal Express were struggling to clear it’s warehouses on time, resulting in delayed deliveries. The heart and soul of the integrity of the system is that all the
- January 2, 2025
- Alan Knott-Craig
Never badmouth the competition
First, it just gives them free PR. Second, it makes you look petty and small-minded. Third, you never know when you need the competition to be your ally. There’s no
- December 30, 2024
- Alan Knott-Craig
Forget big steps. Keep taking baby steps.
It’s so tempting to take a big step. A giant leap. Save time, effort, and get ahead of the competition. Don’t do it. Big steps never work. They’re like shortcuts:
- December 29, 2024
- Alan Knott-Craig
The difference between a pro and a rookie
A pro keeps his look cool whilst things fall apart. A rookie panics, loses his temper, and runs around when things fall apart. A pro sleeps on big decisions. A
- December 28, 2024
- naude
Make sure you know what your magic number is
The magic number is the amount of money you need to not worry about money ever again. If you don’t need toys like Ferraris, yachts and jets, then
- December 25, 2024
- Alan Knott-Craig
What are you?
Are you a fighter? A salesman? A politician? A grafter? Whatever you are, that’s how you find success. If you’re a salesman, you sell your way to success. If you’re
- December 24, 2024
- Alan Knott-Craig
Pain nourishes courage
Winston Churchill said courage is the most important character trait. Some people are born brave. Most of us are born cowards, and have to learn to be brave. You can’t