When people in your way have lost track of time, feel free to remind them.
Source: "The Attention Deficit Workplace" by Mitch Thrower
Contributed by: Mitch
A term sheet is like a prenuptial agreement and a coach’s playbook. Spend the time to understand the plays, and what happens should you ever separate from the business.
When landing and negotiating a term sheet, spend the time to understand all of the implications.
Even slight nuances that appear in term sheets tend to address things far out into the future.
One of the great fallacies of time management is that setting clocks ahead of the accurate time encourages people to be early.
In all enterprises, it’s the business model that deserves detailed attention and understanding.
It is ultimately the important things in our lives that we will remember, and every now and then it’s a good idea to just start fresh with a new list.
The best way to be on time is to simply decide to be on time and to acknowledge that travel and meetings always take more time than originally anticipated.
The second layer of the perfect business model is to have renewable revenue sources.
The industry of participatory sports is based on renewing flows of cash changing hands every year, every month, and sometimes even every day.
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