The Foundations of Cooperation
“The foundation of cooperation is not really trust, but the durability of the relationship.” – Robert Axelrod
Mencken on Politics
“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. ” –H. L. Mencken
New Blog and Feed Address
Please update your RSS readers to my new Feed address:
Users bring you traffic
Duh.
But how?
I only know of four viable methods:
- A simple core built-in feature, where by using the product, users invite / share it with others. This used to be mostly about email address import, although these days Digging, Tweeting, and of course, spreading on Facebook are very popular
- Users embed the product onto their own blogs / pages / sites
- Users create original content that gets picked up by GoogleBot, gets SEO’ed, and then brings in other users via Google search.
- Users actually pay for your content, whether through subscriptions, or much more likely, virtual goods. This, in turn, allows you to buy traffic
If you don’t have one of these four methods in operation, and you’re building a web-based company, you’re going to find yourself begging for traffic a lot.
Charlie Munger on Getting Ahead
We get these questions a lot from the enterprising young. It’s a very intelligent question: You look at some old guy who’s rich and you ask,
“How can I become like you, except faster?”;
Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Step by step you get ahead, but not necessarily in fast spurts. But you build discipline by preparing for fast spurts… Slug it out one inch at a time, day by day, at the end of the day – if you live long enough – most people get what they deserve.
- Charlie Munger
Warren Buffett on Effort and Value
Out of school I offered to work for [Benjamin] Graham for free and he said I was overpriced.
– Warren Buffett
Samuel Adams on Freedom
If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.
- Samuel Adams
