My wife and I led a very successful Zoom party for New Year's Eve. I thought I'd share details and tips in case it helps others. We had about 15 squares worth of people on the screen. The two main activities were charades and singing songs related to time. 1/14
Happy New Year to all of you! (END)
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In a recent article published in the Stern, there is now a criminal complaint filed against Michael Inacker, the then CEO of the PR firm WMP for what includes allegations of the knock out payments from the emirate of Qatar to hide a dossier for their role in financing Hezbollah
That allegedly 750,000 euros, which would have been divided between Jason and Michael.
In return, "Jason" was supposed to keep to himself the information he had researched in Qatar, that a high-ranking person in the emirate of Qatar was financially supporting Hezbollah.
https://t.co/TdaAECu35a
There is an interesting point in the article, WMP (Inacker) still had PR contracts with both Qatar and Saudi and “Jason” had some information about arms deliveries organized by people from Qatar with suppliers in Belarus, Serbia, Macedonia, and Yemen.
That allegedly 750,000 euros, which would have been divided between Jason and Michael.
In return, "Jason" was supposed to keep to himself the information he had researched in Qatar, that a high-ranking person in the emirate of Qatar was financially supporting Hezbollah.
https://t.co/TdaAECu35a
There is an interesting point in the article, WMP (Inacker) still had PR contracts with both Qatar and Saudi and “Jason” had some information about arms deliveries organized by people from Qatar with suppliers in Belarus, Serbia, Macedonia, and Yemen.
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1/ Some initial thoughts on personal moats:
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
