I had been lucky enough to get to work on a diverse variety of business models and approaches to solving problems over the past 20 years. For most of the major initiatives these companies face, the stakeholders must usually choose between the following:
Do it yourself
Get some help
This is often referred to as a Build vs. Buy scenario.
Building is when a company decides to use existing resources (or bring on new resources) to create some thing or acquire the capability it needs.
Bu...
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In 2004, Michael Lewis wrote this book called "Moneyball: The Art of Winning an Unfair Game" detailing the focus of the Oakland A's (baseball team) on analytical, evidence-based, sabermetric approach to assembling a competitive baseball team, despite a disadvantaged revenue situation.
The central premise of Moneyball is that the collected wisdom of baseball insiders (including players, managers, coaches, scouts, and the front office) over the past century is subjective and often flawed. Statist...
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One of the reasons I love working in Manhattan is all the cool opportunities to learn and the networks of interesting people. Every Monday I receive an email from tech investor Charlie O’Donnell with classes a list of classes and meetups for entrepreneurs going on around New York City.
Last week I found out and signed up for a high level class on Bayesian Theory and probability (called Bayesian Theory and the Theory of Life) that met during lunch time a few block...
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