S2K versus Doing Something New

Sticking to the knitting means sticking to a core business you already know and not trying to diversify. This is what people advise others to do when they want to stifle competitive behaviour particularly from new entrants. If all the people of the world just stuck to farming and agrarian activity we would still be living in the Middle Ages; many of the great inventions of today like the Internet would not exist. Having an innovative mindset and diversifying into industries at first unbeknownst to you is the key to success and survival. We all know different industries have different sensitivities to the business cycle. Sticking to something you know already might be comforting but when there is a decline in the demand for knitting, even the best knitter in the world will struggle to survive. In those times, you'll wish you had left all the naysayers behind and tried something new.

Apply Yourself - Lessons from Hardy

"Exposition, criticism and appreciation is work for second-rate minds..the function of a mathematician is to do something, to prove new theorems, to add to mathematics, and not to talk about what he or other mathematicians have done." Compare this to Bruce Lee's advice in an earlier post.

Work, Rest, Food, Exercise

Pick any two.

Intellectual Property Protection in Outsourced Locations

An interesting write-up from a Costa Mesa law firm.