Monday 20 October 2008

Make or take

Making money is what capitalism is about. But taking money is another thing all together. Taking money is about greed and bullshit, and that is capitalism gone wrong.

Anyone who ever built anything, or created any value, always killed themselves in the process. Show me one business that is cooking and I will show you someone behind it that is killing them self. A person who kills them self to climb this mountain is always totally energized and also, they have the ability to energize others. Everyone works hard... we are not talking about that. We are talking about beyond working hard!

When one kills them self it is an all out effort to climb the mountain. Capitalism in its most inspired form is about pushing the envelope, taking risks, outfoxing your competitors, setting the pace, and it is about killing yourself. But, getting a fat bonus as a hedge fund manager is not about any of this. This is about taking, not making. It is the domain of parasites! Well, that is my view.

And, as for ideas, well, I always say the same thing: ideas are cheap. As Einstein once said, it is about 1% inspiration and 99% perspiration. Yes, it is about killing yourself. And don’t confuse coming up with a cure for cancer, for example, as an idea. That is about implementation and innovation. In other words, the idea to cure cancer is worthless, but the actual cure is not.

I was reminded of a good expression the other day: don't play the person - play the ball. Yes, rather make it than take it!

Posted by Ronnie Apteker