I feel it's such a wonderful thing to be able to leave the tyranny of gravity to leave the ground and fly wherever you will.
— Richard DawkinsWestern societies have to heed the strategies of the east where innovation and progress are fundamental parts of their attitudes to business. Japanese carmakers built their sustainability from their constant ability to innovate rather than being cheaper.
I think behavioural economics has now become an accepted part of the thinking on markets- it's generally accepted that people's decision making is heavily influenced by emotional state and various other behavioural biases in comparison to previous models that assumed rational decision making in the markets.
Modern society, specifically the modern economy, is very mobile. Our friendships and social networks become very quickly dispersed. At any one time, we build friendships and relationships with people and, for example, due to work, move on.
have to persuade people to part with money for goods or services that are used by others
I believe wisdom can be seen as a beacon, guiding us towards the noble, beautiful, and authentic aspects of life. It's the mark of a wise individual to have a clear understanding of their path, a path that not only promotes positivity but also steers others towards it.
We only make progress by getting up from getting kicked to the ground. How does a baby learn to walk? It falls, gets back up… falls, gets back up, and one day its running. You will fall, stumble and fail- that's inevitable. You need to analyse it when it happens, learn from those mistakes, and move on. Don't dwell on failure.
We can take a hell of a lot more stress than we believe we can. We should learn how to fight not flight. And fight doesn't have to be a physical thing – it can be that you feel something's going to be uncomfortable 'okay well let's avoid it'. No, go through with it but go through with it in a progressive manner.
There are really no defeats in life, just opportunities to become better, stronger.
It's amusing when you ask people, well name someone who became rich as a hedge fund client?
We've got the most powerful tool in the world sitting in our head, yet no manual of instructions on how to use it. Everything else comes with instructions, a blender, a point and shoot camera. Even to drive a car, you need a licence.
I learned you always have to use the language of the people you want to convince. If you speak to heads of states and corporations about the costs, that will be incurred to protect the environment, they will never invite you again. If you come and speak their language about job-creation and profit, they will welcome you with open arms.
We have to shift the focus of our discussions on Europe to trying to deal with the citizens' concerns. And I mean simple things, like 'I can't buy an iTunes record for someone living in a different country because of the geolocation requirements and copyright'.