25 Books Billionaire Charlie Munger Thinks Everyone Should Read

25 Books Billionaire Charlie Munger Thinks Everyone Should Read

FARNAM STREET STRATEGY  JUN. 3, 2014, 12:46 AM

“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none. Zero. You’d be amazed at how much Warren reads — and how much I read. My children laugh at me. They think I’m a book with a couple of legs sticking out.”

That comment is what really kickstarted my own reading habits. While my 161 books last year pales in comparison to the quality of Munger’s reading habits, it’s a start. Read more of this post

Scientists Have Discovered A Planet They Thought Was Impossible

Scientists Have Discovered A Planet They Thought Was Impossible

LESLIE BAEHR SCIENCE  JUN. 3, 2014, 9:04 AM

The “Godzilla of Earths!” is in the foreground. Behind it is the smaller ‘lava world’. Their sun, in the back, appears to have been created only 3 billion years after the Big Bang.

Based on what we know about how solar systems form, researchers thought that a giant rocky planet could not exist. But they just found one that’s 17 times Earth’s mass. They’ve dubbed it the “Mega-Earth.” Read more of this post

Malcolm Gladwell Explains What Everyone Gets Wrong About His Famous ‘10,000 Hour Rule’; natural ability requires a huge investment of time in order to be made manifest

Malcolm Gladwell Explains What Everyone Gets Wrong About His Famous ’10,000 Hour Rule’

DRAKE BAER STRATEGY  JUN. 3, 2014, 1:00 PM

In his 2008 book “Outliers,” Malcolm Gladwell wrote that “ten thousand hours is the magic number of greatness.”

His examples included:

Bill Gates, who was able to start coding as a teen since he attended a progressive Seattle high school

the Beatles, who played eight-hour gigs in German clubs long before they invaded America Read more of this post

São Paulo-based MCassab Group is the face of today’s prosperous, entrepreneurial Brazil. An 86-year-old Brazilian family-run conglomerate with interests spanning Lego distribution to fish farming, its revenues are expected to double to $1 billion b

FROM CHEMICALS TO COSMETICS (AND EVERYTHING IN BETWEEN)

ARTICLE | 2 JUNE, 2014 10:07 AM | BY PETER SHAW-SMITH

Two miles north-west of the famous Interlagos Formula One racing circuit stands a group of offices, laboratories and warehouses that is the centre for one of the most successful family-run, and yet relatively unknown, conglomerates in Latin America’s biggest economy – MCassab Group. 

Outside the turnstile at the entrance to the complex, scores of afternoon-shift employees and delivery workers jostle to gain admittance, a process that takes at least 10 minutes. Security at every major Brazilian office is extremely tight. Behind a one-way screen, an invisible woman briskly repeats and confirms appointments via intercom, and the queue inches forward. It is a rare chance to step inside MCassab’s headquarters and to meet the company’s chief executive Fábio Cutait and his son-in-law, Alexandre Vasto.  Read more of this post

Five reasons franchisees fail, and how to avoid the pitfalls; Being motivated by the misconception that running a franchise will be easy and highly profitable

Five reasons franchisees fail, and how to avoid the pitfalls

Published 03 June 2014 14:11, Updated 03 June 2014 14:55

Steven Clare

Franchising is big business. In Australia, the franchise sector contributes $153 billion to the national economy. At present, there are an estimated 1200 individual franchise systems operating in Australia, and we have the highest number of franchises per head of population anywhere in the world.

It’s obvious Australians are keen to invest in franchises, but there are pitfalls for new franchisees. Read more of this post

Bus tour in Alishan offers chance to taste tea, coffee

ASM Taiwan Dec 2015…

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Bus tour in Alishan offers chance to taste tea, coffee

Monday, June 2, 2014
The China Post news staff

TAIPEI, Taiwan — Lion Travel Service Co. (雄師旅遊) and the Chiayi County Government have teamed up to provide a NT$999 bus tour, giving the public a unique opportunity to taste quality coffee and tea on Alishan.

Alishan, located in Chiayi County, has optimal temperatures and moisture levels for tea and coffee growing. With the assistance of the Council of Agriculture, locally produced coffee beans have won the nation’s championship title as well as recognition from the Coffee Review.

Even monarchs don’t have job security anymore

Even monarchs don’t have job security anymore

June 3, 2014 – 4:04PM

Leonid Bershidsky

King Juan Carlos of Spain should have no regrets as he steps down from the throne: His abdication reflects the same values that have made him a great monarch. Read more of this post

4 ways to provide value rather than sell; When you believe in what you’re offering, you are providing an opportunity for someone else to participate in something you care about. Authentic passion is infectious and attracts prospects and clients

4 ways to provide value rather than sell

Young Entrepreneur Council

In the minds of many, sales is associated with shady salesmen. Tynesia Boyea Robinson shares 4 ways to provide customer value without selling

If you’re anything like me, you hate the idea of being a salesperson. Even though my friends affectionately call me “Faceman” (after the suave and slippery character from The A-Team), I never took it as a compliment.  To me, being a salesperson always conjured images of sleazy tricksters who pressure and hustle people into buying things they neither need nor want. Read more of this post