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The creation of substantial value over an extended period of time is very important to me. Such value is impossible in a vacuum. We've got to connect people and ideas in order to truly innovate.

"Built to flip" really stands out. This mentality was at the core of the .com and housing crashes, and shook the house of cards Wall Street had built on creating new, derivative products (same thing).

Have we learned anything from these painful failures? Perhaps not as much as we would like to think we have. People are still building websites for the sole purpose of cashing out. The NYSE has been sold to the Germans, who have expressed interest in shifting the focus from stocks (ownership of something tangible) to more derivative-based products.

I'll be damned. History. Repeating itself.

Thank you for stopping by.

This post came at the right time for me. I'm just starting my business. I have this one bookmarked for continuous future reference.

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