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The Knack for Getting Money

Some good discussion in this thread at Hacker News about how to evaluate people with a business skillset if you've got technical skills already.

I reckon "a knack for getting money" is probably the most key thing to look for in a businessperson. Some people have a knack for getting money.

All the business skills in the world without the knack for getting money doesn't fly. Well, maybe for employee #7,632 once a company's made it. But not for starting something up. You need to hustle and get money of some form real fast early on. A business guy who can't get money is probably worse than useless - if he wasn't on board, you'd be worried about solving the money problem yourself. But since he's supposedly the business guy and seems to be doing business guy stuff, you think things are cool. But things aren't cool. Go long enough without money, you die.

That's bad.

So, where do you get a knack for getting money? We're not born with it. It's acquired through action somehow. What's it take?

How To Do Everything Right

On Tynan

I actually found this on boingboing.net. I shouldn't even post their name since they're one of the few big aggregating sites that has never run one of my articles. But hey, when they've got a good article, they've got a good article.

They posted This MP3 about how to always do the right thing. It's brilliant. I've actually been wanting to write a post to that effect, but the speaker, Dan Gilbert, did a much better job than I would have.

The essence of the speech is that EV is king. EV is expected value, a term used commonly in the gambling world. I would explain what it is, but if you listen to the lecture you will have a better understanding and then I won't have to type as much.

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