Have you ever heard of “second-order” thinking? It seems like an idea I am hearing more and more frequently as of late. I became much more aware of the concept after I read Ray Dalio’s book Principles, although he uses the phrase second order consequences. For those of you that don’t know who Ray Dalio … Continue reading How Thinking in the First-Order Could be putting your Company at Risk.
I read a tweet today from an attendee at a venture capital conference that said, “Opportunity is all around you, so take risks.” I 100% agree with that quote, but I would add this caveat to the end, “but eliminate risks that you can, prevent the preventable from occurring.” Insurance should be used to eliminate … Continue reading Preventing the Preventable – Eliminating Risks Without Impeding Your Upside
I was pleasantly surprised by how much l learned at the McDermott Will & Emery Life Sciences Deal-making symposium last week. I don’t say that by inferring I know a lot, in quite the opposite, but what I mean is that a lot of conferences and events are the same content but with different names … Continue reading A Recap of the McDermott Will & Emery Life Sciences Deal-making Symposium