Working for the Man is Risky
Starting your own business creates uncertainty, but it allows you to control your destiny, says Jim Collins.
Here's a dilemma most people have probably faced at some point: Do you start your own business - which is risky, or do you instead hang your hat at a large company - a seemingly safer option?
Framed this way, this is a false choice, says the business consultant and author Jim Collins. Working for a large company is, in fact, a risky strategy. No matter how well you perform, you could still lose your job in an instant, due to circumstances outside of your control. You could be "swept up in some corporate shake up, or a political shake up, or an economic meltdown," Collins says. "You've got all your eggs in one basket, and that basket can be dropped by other people. It’s a very high-risk strategy. It’s higher risk in my view."
In the video below, derived from a lesson on Big Think Edge, the only forum on YouTube designed to help you get the skills you need to be successful in a rapidly changing world, Collins says that starting your own enterprise might actually be a lower risk, since you can build a portfolio of customers. If one customer goes away, you still have a stream of income. "That’s actually lower risk than all your eggs in one basket."
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How a cataclysm worse than what killed the dinosaurs destroyed 90 percent of all life on Earth.
While the demise of the dinosaurs gets more attention as far as mass extinctions go, an even more disastrous event called "the Great Dying” or the “End-Permian Extinction” happened on Earth prior to that. Now scientists discovered how this cataclysm, which took place about 250 million years ago, managed to kill off more than 90 percent of all life on the planet.
A new study discovers the “liking gap” — the difference between how we view others we’re meeting for the first time, and the way we think they’re seeing us.
We tend to be defensive socially. When we meet new people, we’re often concerned with how we’re coming off. Our anxiety causes us to be so concerned with the impression we’re creating that we fail to notice that the same is true of the other person as well. A new study led by Erica J. Boothby, published on September 5 in Psychological Science, reveals how people tend to like us more in first encounters than we’d ever suspect.
Using advanced laser technology, scientists at NASA will track global changes in ice with greater accuracy.
Leaving from Vandenberg Air Force base in California this coming Saturday, at 8:46 a.m. ET, the Ice, Cloud, and Land Elevation Satellite-2 — or, the "ICESat-2" — is perched atop a United Launch Alliance Delta II rocket, and when it assumes its orbit, it will study ice layers at Earth's poles, using its only payload, the Advance Topographic Laser Altimeter System (ATLAS).
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