Takeaway #105: lean with conviction, as inspired by Rass Kass

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Yeah, I heard you don’t grind, you don’t eat

Don’t eat, get a fragile physique, I’m agile and sleek

I run through rappers like my boss had cleats

Beef ain’t shit but cows is resting in peace

 Ras Kass      Eat or Die

Takeaway 105:  Stay lean and mean on the competition.  Also, you cannot operate in fear of conflict.  The business minded, must be willing to also be litigation minded.  People only respect your negotiation stance or product when they know that you are willing to go to the mat to defend it.

Takeaway #184 inspired by @MsLaurynHill

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It’s funny how money change a situation

Miscommunication leads to complication

My emancipation don’t fit your equation

 Lauryn Hill:   Lost Ones

Takeaway #184:

Monetary return often leads to corporate jealousy.  People may have a limited view of hierarchical status.  The view is often fixed for both you and viewer.  Don’t get trapped in someone else’s misguided world view.  It is limiting only for them – not you – unless you let it do so. 

Additionally, the notion that your new skill set/empowerment (“emancipation”) does not always jibe with other’s  “equation” is important.  As the pupil becomes the teacher, many ex-teachers are reluctant to end the teacher-student relationship.  Be cognizant of the tension, but do not let it limit you.  As your skills reach fruition, it is incumbent on you to communicate in a manner that is digestible for those who are grappling with your growth, i.e., avoid miscommunication leading to complication.  Unfortunately, sometimes they will not hear you, being distracted by their own memory of the unemancipated/former you.  Don’t worry, your new skill set  will allow you many different ways to communicate and make sure that they hear the new successful you.

Takeaway #17: Value Investing inspired by “lyte as a rock” @mclyte

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All in the way, just little obstacles

Chew em up, spit em out, just like popsicles

Suckers out of my way, we’re not on the same wavelength

I show stability, potential and strength ***

MC Lyte     Lyte As a Rock; Lyte As a Rock

 

Takeaway #17:   This is quite simply the key to investment success.  Warren Buffet has exhausted the topic of becoming the Value Investor for our generation.  Minor obstacles and glitches in performance must be ignored when investing in the market.  Ignore the day-traders and those flipping companies for quick return.  Dust off your edition of Value Line, check out the P/E ratios, roll up your sleeves and crunch the numbers yourself.   MC Lyte was never a paper-weight in stature in the industry and I credit her approach to the stability-potential-and-strength mantra that she serves up here.  Lyte As a Rock…solid.

 

BPM TAKEAWAY#17:

  • INVEST FOR THE LONGRUN

Takeaway #198: empire of innovation

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That’s what ya get when ya misuse what I invent

Your empire falls and ya lose every cent

For tryin to blow up a scrub

Now that thought was just as bright as a 20-watt light bulb***

Wu-Tang Clan    Protect Ya Neck

Takeaway #198Imitation is the sincerest form of flattery, but makes lousy business in the age of innovation.  Copycat status and second mover advantage cannot build bank.  Get your own style, that’s the right-bright idea.

What Innovation Looks Like:  Stanford-alumni-fund-new-innovation-center-in-Ghana

Audit rights – from Do or Die + Chilla

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 And if I can’t add it, then I won’t divide it

And if I can’t seek it, then I won’t find it

 Do or Die f/Chilla:   Stay Focused

Takeaway 90:  The audit provision in the deal where is it.  Splitting the GAAP net profits on incremental does not mean a thing if you don’t have the right to check your partners books.  Without that, my forensic accountants are a waste.