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Dec122011

The Art of War

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Reader Comments (4)

Good stuff! Nice lookin site by the way Newcomb

December 14, 2011 | Unregistered CommenterPaul Newcomb

Blognewcomb has always some new information to offer.
I never looked at war at this way.

January 3, 2012 | Unregistered Commenterplumbing

The Art of War is an ancient Chinese military treatise attributed to Sun Tzu (also referred to as "Sun Wu" and "Sunzi"), a high ranking military general, strategist and tactician, and it was believed to have been compiled during the late Spring and Autumn period or early Warring States period.

May 30, 2012 | Unregistered Commenterplumbing supplies

Brilliant analogy between Art of War and raising capital. The following thoughts on founding stand out for me (sorry In a hurry so will just be a stream of consciousness thing)
(1) Get Global: Go Walkabout Go See Wots Up Elsewhere: and become the go to guy for OE connections everywhere. Whilst everyone else would say go to Graphene Valley, biotech, nano, etc and go to UK, Asia etc I would say that when it comes to a holiday educating come to Australia and New Zealand before training elsewhere. Great test market and lots of innovators lacking founders and how to raise capital and great for holiday.
(a) In Australia and New Zealand (and I love the countries and the people outside of upper management mindset in business) come up with a lot of good ideas, they just don't get past the workshop. You never hear them. People everywhere (outside of mining) say that so many good ideas never get off the ground. Many successful older businessmen even discourage talking about new ideas. Hard to find people who will talk about new concepts at a pre-application level. They just switch off unless you have a simple elevator speech easy to understand idea with one very specific application. You could not get into a conversation about a partly formed solution that needs more work. The CEO's and CIO's over here have had a fishbowl mentality for decades, of how do we survive just to stay alive with the Asian onslaught. This is a loosing mentality and because of it their firms get sucked into an acquisition or R&D is just rolling out what everyone else has done overseas. A tiny fraction of them go to US (and never Europe who are top in some IT areas like supply chain) conferences to get excited about applying other peoples stuff from over there. These used to be countries of tough pioneers and innovators with a can do attitude. Mostly they had to make stuff themselves because they couldn't get stuff from overseas or didn't know they existed. Now those at the top are just following orders as one of the offshore offices, and they bring the whole innovation culture down, down under. You could probably replace 80% of the CIO's (who are often ex accountants carefully holding a tight budget with tiny R&D) with cocky upstarts straight out of Uni, who have no idea about the culture of followers, i.e. followers whose big innovation is to do pretty much what everyone else has already done overseas using the software from overseas and just doing a little customizing. That said there are still some pretty world class innovations here, often the best are partnered with US firms,
(b) Down under (Australia and New Zealand) School ,uni and most mainstream jobs encourage a meme of 'tall poppy', small fish bowl, brainwashed, submissive, peaced out, group think, numb, NLP, warm fuzzy, corporate speak, don't rock the boat types. Innovators can get a run with a few rich firms but due to their lack of expertise and lack of globally connection business savy their solution although innovative is using outdated software or is behind the times and paints the business into a corner with a well working solution that is so short sighted it wont fit the business in its next imminent overdue transformation. Talking war like to them might be the right offset to expand their pacifist victim thinking (waiting for the next upgrade, or to be taken over or when to be victims of the next roll out). That said go careful with any jokes about ANZUS and 5 Eyes. Down here people really do want to relegate war to business competition (convenient with geographical separation) and practically all of New Zealand want Kim Dotcom to get his encrypt half the internet idea off the ground to F. Off the NSA.
(c) I think there would be a great opportunity for some of you Silicon Valley types to come over and speak to IT type R&D departments and university students here in Oz. Steve, you could do a tour circuit and get paid whilst on holiday and help raise the game over here. Apart form making a few connections, the mining specific IPO and VC market is pretty good here and by touring with a few of them you could encourage cross fertilization of skills and make some worthwhile connections too
(2) If you combine your stuff for a book one day, perhaps offset your comment about "weirdly divorced from money" to suggest that it starts with belief but there is a time to put in sound costing, risk predictive analysis, and monetization for founders. There are heaps of people there who have good ideas, but have no idea how to monetize them in a way that includes them getting paid for their idea and to get involved with the development. Literally there are plenty of people who just tell people their idea sucks and then go and implement it without the fellow coming up with the idea getting included (zero good will). I remember long before google street view I had the idea of street view at first for real estate sales and thought these guys would team up with me. Instead they had a f off attitude and yet they couldn't figure how to automate it. Even though I had a number of ideas on how. I've had a few ideas I see happen years after I thought of it. Guess maybe I should start with a small idea, and work for a founder.

February 8, 2014 | Unregistered CommenterAndrew Booth

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