Because I had to Take Action

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Photo by Alejandro Barba on Unsplash

In 2018 I started reading the book “Principles” by Ray Dalio. The book is centred around the principles that he used in life and work on the way to building a Bridgewater Associates a fund that now has over 160 billion dollars under management and has also made him a fortune of 18 Billion dollars. The book is structured into three parts.

Part 1: Where I am coming from

Part 2: Life Principles

Part 3: Work Principles

The first part of the book is what really got to me. As the section header gives away, in Part 1, Ray talks about the journey that led him to ultimately arrive at his principles. …


In three simple steps

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Photo by Frank Busch on Unsplash

There will always come a time when you disagree with a particular direction that your boss wants to take. These instances are often made or break scenarios that will shape how your boss feels about you and how much trust and respect your they will afford you in future. The below steps I have found to be incredibly useful when these situations arise.

  1. Outline the pros and cons of both courses of action. The one your boss wants to take and the alternative.

Why? If your boss disagrees with you it's not because they are crazy. Sometimes there is information that you may not be aware that they can’t disclose to you. If you only outline the case for your chosen course of action it may seem as if you are not thinking with the big picture in mind when in fact you just have insufficient information. …


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Photo by Tom Sodoge on Unsplash

Recently I came to the realisation that sometimes, and perhaps subconsciously, I feel like I am under some obligation be the same person indefinitely. Being the same person consistently is not in itself a bad thing. Often great leaders tend to be incredibly consistent and their values and principles are so clear that you can often predict how they will respond in any given situation. The challenge, however, is that at some point you fit into a particular mould or box that people know, understand and accept and, whilst people may not say it outright, it becomes a mould which people don’t want you to change. Why? Because dealing with someone who is changing takes a lot of work and energy. …


But how can we make the most of it?

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Photo By: Jamie Smed

Venture capitalists have made fortunes in spotting the “next big thing”. From the rise of social media to the sharing economy, these seers of the future have honed their skills to make bets on opportunities that have helped change the world as we know it. Now a new generation is shaping opportunity in the form of women’s sport. Using the lens of a venture capitalist we can see why this is the opportunity of a lifetime.

Total Addressable Market

One of the questions venture capitalists often consider when looking at an opportunity is the “Total Addressable Market” (TAM). This represents how many people could potentially be interested in the product or service. The bigger the TAM the better. With Women's sport, the TAM is huge. An article from FiveThirtyEight indicates that only 7% of men and 8% of women do not watch sports at all. This means that +92% of people watch sport of some kind at some point. Even with just taking the women alone aged between 10–60yrs that equals a TAM of over 2 billion people. …


…but rather to new business models for deploying old technology

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Photo by João Silas on Unsplash

When we think of innovation, the first thing that often comes to mind is technology, such as self-driving cars, artificial intelligence, blockchain, and so forth. While all those things are innovative and important, in Africa, the most impactful innovations may not necessarily be discovering new technologies but rather new business models.

Normally, when there is both supply and demand, a transaction is concluded and value is exchanged. Ironically, for Africa, this is seldom the case. …


Where we have come from and where are headed to

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How it all started

Just under three years ago I was living in a small town in France an hour outside of Paris. After 8 months of living there, it was now the longest time I had spent living in a foreign country and by that time I had only been to church about 5 times. This was mainly because the town only had one very small English speaking church that just was not working well for me. To add to this, France was and still is a very secular society and so during my day to day interactions it was also rare to have a conversation about God. …


And that’s why most people choose the former over the latter

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Photo by Ben White on Unsplash

We are living in the information age. It has never been easier to obtain and disseminate information. A hundred years ago, platforms to communicate to thousands of people were only available to a few elites, such as political leaders. Now, even the average man can broadcast their views to potentially millions of people all over the world. Social media has created the stage for a global audience who applaud and cheer with likes, retweets, and comments when someone puts forward a blazing argument on a hot button issue.

It has never been easier to make a point — but it’s as hard as it’s ever been to make a difference. …


Steph Curry is the greatest shooter in NBA history but even he misses more than half of the shots he takes. Here’s the thing. No matter how gifted or well prepared you are, there are going to be some “shots” in life that you will miss. This is the case for EVERYONE and when you “miss” there will always be the temptation to take fewer shots and be more cautious. Don’t do it!

“Success is the ability to go from failure to failure without losing your enthusiasm” — Winston Churchill

The greatest lever we have to attain success in anything, whether in business, in relationships and even with our own personal development is the ability to take shots consistently. The willingness to trying things that on the balance of probabilities may not work out is what propels us forward. It is no wonder that Kobe Bryant, the 3rd highest scorer in NBA history (with more points than Michael Jordan) simultaneously holds the record for the most missed shots as well. …


You can also move slow and make things

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Photo by Pascal van de Vendel on Unsplash

The importance of speed in business is more prominent than ever. One of Amazon’s 14 Leadership Principles is “Speed matters.” Google’s 10 Core Philosophies includes the simple statement “Fast is better than slow.” Mark Zuckerberg’s most famous business quote is “Move fast and break things.” It is pretty clear that businesses want and need to be fast — but how does one know what fast looks like? A marathon runner’s average speed is half that of a sprinter, but does that make them slow? The same also applies to business. …


I started writing consistently a little over a year ago. When I started my motivation was “building a platform” — a worthy goal. Soon I realized that after I writing an article my thinking and understanding on the topics I was writing about was far much clearer. This was the case even for topics that I thought I was already very familiar with. I then came across a post by online media icon Gary Vaynerchuk about his principle of “Document vs Create”. In short, this principle says that documenting a process is just as valuable, if not more valuable, than talking retrospectively about the end result. …

About

Tinashe Mukogo

Writing through life with no detours. Life, Business & Faith.

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