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Post reblogged from Ekstasis with 2 notes
Variations on a Theme: After the Crash
“Theoretical and material concerns are much closer to one another than one may assume. It might be true that Thales, the first philosopher, fell into a well while gazing at the stars. But there is another famous anecdote about Thales, according to which he bought all the olive presses in Miletus ahead of a bountiful harvest, thus making a huge profit as a result of his monopoly. This successful business venture is far from being at odds with Thales’s lofty metaphysical work. In fact, both seem to be grounded on the very same activity, which we call “speculation.”…Their practice is based not on an empty prediction of the future, but on the present investment of their money or their mind in a commodity or an idea, with the hope that one day the value of their economical, social, symbolic, or cultural capital…”
— Notes for the Coming Community
…AND…
“One of the best ways you can prepare for the future is to train yourself to become an entrepreneur — essentially a person that makes their own economic opportunities. It’s going to become a major differentiator between those that succeed and those that fail in a harsh global system (this expertise has been deprecated by a system that prides itself on manufacturing salaried consumption bots). So, as your salary melts away, your pension evaporates, or your job gets outsourced — here’s a quick guide on how to bootstrap the process…
— Global Guerrillas
- Deconstruct any business you see. Estimate revenues. Evaluate competition and competitive advantage and marketing. Etc. Find out how they make money and how much.
- Get experience in an industry or area that you love (so much so that it doesn’t seem like work). Find out everything on how money flows in that industry/area. Who makes the most and why?
- Look for gaps, errors, and failures. Anything that can be improved in that target industry area. Evaluate the opportunity to fill that gap (less upfront cost the better)…
Source: ekstasis
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afterthecrash reblogged this from ekstasis and added:
“Theoretical and material concerns are much closer to one another than one may assume. It might be true that Thales, the...
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