Category: amazon-pollycast

What’s your Fiscal behavior?

Any Business Leaders fiscal approach to business is determined by two basic drives:

1) Add value to products/services (inferred from Gross Margin)
2) Deploy Efficiency with deployed resources (inferred from indirect expenses)

Together these numbers constitute the Financial Signature
(FS) = Gross Margin + Relative indirect expenses

When the numbers and financial behaviors intersect
(1) gross margin and expenses are both high, “Venture Capitalist“
(2) high gross margin and low expenses, “Buccaneer“
(3) low gross margin and high expenses, “Mercantilist“
(4) gross margin and expenses are both low, “Discounter“

Any fiscal behavior needed to change based on the state of the business. There is no one size fits all approach.

Everything is Temporary

“How do you get out of this misery? By understanding that pain, sadness, and suffering are a natural part of life. It is also temporary and ever-changing, as is joy, happiness, and pleasure.

If you stop fighting things you don’t like and trying desperately to hold onto things you do like, life can become more peaceful. Everything is temporary, so just notice it.

Observe it, without any sort of craving or aversion. Everything will ultimately shift, change, or go away, and that’s okay, because something new will take its place”

— Ivy Kwong

Learn, Learn, Learn

A gazofilacio: Italian word for the store of poems you have in your head. In Clive James words, it means a treasure chamber of mind.

Of everything a person must maintain, his mind is most important, and king of all is his connection to reality. Educate yourself, and don’t rely on others to teach you. This is easier said than done. How to be a voracious learner?

Voracious leaders do devour to read multiple books, they pepper conversations with tidbits from completed courses, they take out-of-the-box approach to opportunities and risks.

With the world moving at a pace, speed of learning is important, there is a need for value and if you’re not learning you miss it.