Comments on: Management Series : Grab a New Ball http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/ Jeff Nolan's take on investment, innovation, entrepreneurship and the technology industry Mon, 06 Feb 2012 06:44:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jeff http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/comment-page-1/#comment-53985 Jeff Wed, 20 Dec 2006 02:04:30 +0000 http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/#comment-53985 LOL, but if I didn't have that story to tell we would all be worse off (cept maybe you!). I think golf stocks surged that day on your performance over that single hole. LOL, but if I didn’t have that story to tell we would all be worse off (cept maybe you!). I think golf stocks surged that day on your performance over that single hole.

]]> By: Rondo http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/comment-page-1/#comment-53837 Rondo Mon, 18 Dec 2006 22:09:29 +0000 http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/#comment-53837 Three words: Lake Las Vegas Three words: Lake Las Vegas

]]> By: Paul Jozefak http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/comment-page-1/#comment-53296 Paul Jozefak Fri, 15 Dec 2006 09:54:21 +0000 http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/#comment-53296 Oh what the hell, let's go with all the Clichés: "Play Big or go Home".......or something like that! I do agree with you though Jeff. Here in Europe I am getting so tired of all the preparation for failure before doing any new deals. There is way too much focus on "what if" in regards to "all-out" instead of simply "all-in". Even though I've often failed in life by simply saying "let's go for it", these were definately the most enjoyable decisions I've made. Oh what the hell, let’s go with all the Clichés: “Play Big or go Home”…….or something like that! I do agree with you though Jeff. Here in Europe I am getting so tired of all the preparation for failure before doing any new deals. There is way too much focus on “what if” in regards to “all-out” instead of simply “all-in”. Even though I’ve often failed in life by simply saying “let’s go for it”, these were definately the most enjoyable decisions I’ve made.

]]> By: Jim Fisher http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/comment-page-1/#comment-53223 Jim Fisher Fri, 15 Dec 2006 06:57:06 +0000 http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/#comment-53223 Jeff, I agree with you. As someone that actually will draw on real life experience rather than "business school" references, I believe a person has to go into each challenge with full intent on success. Otherwise, why play? Fish Jeff,

I agree with you. As someone that actually will draw on real life experience rather than “business school” references, I believe
a person has to go into each challenge with full intent on success.

Otherwise, why play?

Fish

]]> By: Jeff http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/comment-page-1/#comment-53148 Jeff Fri, 15 Dec 2006 04:13:27 +0000 http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/#comment-53148 LOL, I'm just happy to make the occasional par, I'm not greedy! LOL, I’m just happy to make the occasional par, I’m not greedy!

]]> By: Thomas http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/comment-page-1/#comment-52975 Thomas Thu, 14 Dec 2006 21:46:40 +0000 http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/#comment-52975 meant to say birdie. meant to say birdie.

]]> By: Thomas http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/comment-page-1/#comment-52973 Thomas Thu, 14 Dec 2006 21:43:24 +0000 http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/#comment-52973 Jeff, did you miss the par putt? !-) Jeff,
did you miss the par putt? !-)

]]> By: Brian Cabezud http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/comment-page-1/#comment-52955 Brian Cabezud Thu, 14 Dec 2006 21:04:47 +0000 http://jeffnolan.com/wp/2006/12/14/management-series-grab-a-new-ball/#comment-52955 Sure, the "best" entrepreneurs are the ones who are all in, but many of the "worst" entrepreneurs went all in as well. When I take out an old ball to hit over the water, I'm not looking to make "the best" shot. I'm using an essentially free hedge against an obvious threat, and nevertheless doing everything I can to hit over the water. It's the same move any solid entrepreneur would make. Risk-seeking is not intelligence, though we often see both of those characteristics combined in the most successful entrepreneurs. It's the same old problem of correlation vs causation. This reminds me of another article I read that stated 'many great entrepreneurs never graduated from college and were usually trouble makers in high school'. Well, I can tell you one thing...I remember one or two trouble makers from my high school that aren't exactly running Fortune 500 companies. The most intelligent of my classmates were often risk-seekers, but so were most of the least-intelligent. Use the water ball. Sure, the “best” entrepreneurs are the ones who are all in, but many of the “worst” entrepreneurs went all in as well. When I take out an old ball to hit over the water, I’m not looking to make “the best” shot. I’m using an essentially free hedge against an obvious threat, and nevertheless doing everything I can to hit over the water. It’s the same move any solid entrepreneur would make. Risk-seeking is not intelligence, though we often see both of those characteristics combined in the most successful entrepreneurs.

It’s the same old problem of correlation vs causation. This reminds me of another article I read that stated ‘many great entrepreneurs never graduated from college and were usually trouble makers in high school’. Well, I can tell you one thing…I remember one or two trouble makers from my high school that aren’t exactly running Fortune 500 companies. The most intelligent of my classmates were often risk-seekers, but so were most of the least-intelligent.

Use the water ball.

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