“This is a fantastic time to be entering the business world, because business is going to change more in the next 10 years than it has in the last 50.”
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I think it's fair to say that personal computers have become the most empowering tool we've ever created. They're tools of communication, they're tools of creativity, and they can be shaped by their user.
In this business, by the time you realize you're in trouble, it's too late to save yourself. Unless you're running scared all the time, you're gone.
Me and my dad are the biggest promoters of an estate tax in the US. It's not a popular position.
The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.