Collab - the new networking; the new deal is deal making

Every generation needs a revolution - an entrepreneurial revolution

Still on Boss

Much of the deal has been on deal making.   The deal could be made or broken based on the character of the deal maker.  The deal maker could have hurt the protagonist before or done him a favor before.  It is a no go if the deal protagonist was pained;  it is a  no go, it is go if  it was gain

Thus we have backdoor negotiation, enlist help of patrons, friends.  Or an authority

Or exert legal or administrative pressure so that the other party caves in.   

 Or wine dine the person.  Entertain   Or give him/her a haircut and even marrying the other party 

Thus avoid hurting  people you meet, publish ridicule.  Be on good terms with all people.  Dish out favors

Innovation drives growth - innovate or die

Every generation needs a revolution - an entrepreneurial revolution

In Billions, traders are encouraged to constantly think of 3 innovations in their job.  Requiring from those who buy and sell securities.   And to be constantly to search for opportunities and how to seize them. ie to act as entrepreneurs and to see their jobs as owners of business.

But we are secure with tried and true.  It is better to be on autopilot   It takes a lot of effort to think of and start a new one and face obstacles like inertia from stakeholders, risks, possible loss.

But that is the way to go.   Innovate or die

Reversal of fortunes of business leader - fate or lack of successors

Every generation needs a revolution - an entrepreneurial revolution

As we observe trend in family fortunes, one can not help but notice two setbacks:   cancellation of franchise for their huge media company -  it is bleeding huge.  And the backing of off of two probable buyers backed off from the purchase of its another media company.

Well it has sold its interest in energy.   But the more important development is that there no able business leaders among its new generation.  So inheritance of PHP is not a guarantee for success.  Capable men, successors are.