People with “founder mentality” can’t rest once a problem or opportunity is identified. They take on personal responsibility without complaint, learn & recruit skills as needed, and deliver results despite politics. There is unlimited global demand for founder mentality. Naval

US data shows preference for home delivery of grocery continues to grow with 49% of online orders being home delivered. For smaller grocers the number is much higher at 67%. The trend is clear and this despite most grocers charging a home delivery fee winsightgrocerybusiness.com/inflation/groc…

Steve Jobs on why recruiting great people is the Founder’s most important job: “Assume you're by yourself in a startup and you want a partner. You'd take a lot of time finding the partner, right? He would be *half* of your company. Why should you take any less time finding

Interesting move: Amazon has changed its pricing policy and is now pricing (significantly) higher online than in their Amazon Fresh physical stores (Source: Bricks Meets Clicks)

Finally the amount that Google paid to be the default search engine is made public: $26.3B (!) in one year (2021). That puts a price on the value of a search monopoly.

“What can our systems not do, that humans can definitely do?” In the wake of Sam Altman’s sudden departure, interesting to listen to the reflections on artificial general intelligence from Ilya Sutskever , the co-founder remaining on the board of OpenAI m.youtube.com/watch?v=9iqn1H…

Our beautiful business got more fuel to fly into the next orbit 🚀 “Climbing a mountain one step at a time, building the best milkman on earth serving millions of families” reuters.com/technology/dut…

This little book is the company building philosophy of David Ogilvy broken down into bite-sized pieces. Buffett called Ogilvy a genius and this is a list of ideas Ogilvy wanted to pass on: 1. Discovery consists of seeing what everyone has seen and thinking what nobody has

The history of the bouillon cube starts with Julius Maggi’s “Leguminose” (1884), the best soup for rich and poor. His keen awareness of the power of design and marketing made the “kub” (1908) famous enough to be painted by Picasso seriouseats.com/bouillon-cube-… swisscommunity.org/en/news-media/…

“Ask yourself who you’d want to spend the last day of your life with and then meet with them as often as you can.” ~ Warren Buffett

10 ideas from How To Do Great Work by Paul Graham:

People can sneer at the crudeness of the execution, but this 50-year-old ad has something all today's sophisticated hi-tech ads don't: a powerful idea youtube.com/watch?v=DHISt-…

Nice charts in the ‘Amazon is turning 30’ feature in this week’s Economist Striking how in absolute terms the growth is driven by 3rd party services, making the launch of its 3P marketplace in 2002 the most important strategic decision Amazon ever made economist.com/business/2024/…

“We want the outcome, but we need the journey. ... Falling in love with outcomes doesn’t move you forward. Falling in love with the process does.” — As found in FS's weekly newsletter. Read the rest at fs.blog/brain-food/jul…

Satya Nadella on leadership:

“How to Do Great Work?” What would the world be if we could find the courage and clarity of mind to ask ourselves this question always paulgraham.com/greatwork.html

Brilliant✨(1979) “Knowledge tells you how to build a bridge, wisdom says do you want to build a bridge there?”