DaveNet essay, "Bootstrapping", released on 11/30/2000; 11:28:05 AM
Pacific.
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***Bootstrapping

When engineers build a suspension bridge, first they draw a thin cable
across a body of water. Then they use that cable to hoist a larger one.
Then they use both cables to pull a third, and eventually create a thick
cable of intertwined wires that you can drive a truck across (actually
hundreds of trucks).

That's a bootstrap. First you take a step you know is on the path, learn
from it, and use it to lift up the next level. And unlike the designer

http://www.bootstrapit.com/why.htm

Bootstrapping: The Secret to Entrepreneurial Success
Funding your own software venture results in a sales-focused and highly rewarding experience.
Greg Gianforte, CEO, RightNow Technologies

Mar 14, 05

How do you launch a successful high-tech business? If you ask the typical MBA, they’ll give the same answer. Write a comprehensive in-depth business plan, take it to investors to secure a healthy initial round of funding, recruit the heaviest heavyweights you can, and start the PR machine cranking.

But, of course, they’d be completely wrong.

Malaysian Mind Colonies is breaking through. Check this page:
Malaysian Mind Colonies

Ants have no (or little) problems with food and shelter. Ditto with birds and nearly every other species. Humans are bogged down by anxieties over food and shelter. With minds shouldn't humans be thousands of times ahead, not trailing fractions behind ants?

"Inventions themselves are not revolutions; neither are they the cause of revolutions. Their powers for change lie in the hands of those who have the imagination and insight to see that the new invention has offered them new liberties of action, that old constraints have been removed, that their political will, or their sheer greed, are no longer frustrated, and that they can act in new ways. New social behaviour patterns and new social institutions are created which in turn become the commonplace experience of future generations."

如何把难题转变成钱？

What is the criteria?
Given that the harder a problem, the greater the reward, the lesser the competition, the more uncertain resourcing for it is AND
The easier a problem, the lesser the reward, the greater the competition and the more certain resourcing is
Low hanging fruits would lie in the sweetspot between "too hard a problem" and "too easy a problem". Not too hard such that the resourcing is so uncertain. Not too easy such that the rewards make it so unworthwhile.
By resourcing I mean human resourcing. Why? Because astute humans organise all other resources, money included.

What Is Knowledge?
> In one sentence, how do you define "knowledge"?
In view of "it is not the smartest or the strongest species that prevails, but that which is most adaptive", I have a one word definition for knowledge -- acumen.
And if you wanted "acumen" expanded it is : sharpening one’s intuition (aka sense-making apparatus) [1] so that it energises [2] one to take the most effective actions [3] of a rainbow [4] of possible actions, in a diverse environment [5]
Notes:-
[1] (a) Why do I highlight sense-making apparatus -- that which we use to connect the dots? I have gone through life from being one who was unwittingly overwhelmed by inferiority complex, as is the case with nearly every non-first world born (and many first-world borns as well), to being through the lessons of repeated excruciating pain and post-pain "why me" and reflection. Reflection on my how my intuition, my sense-making framework works, researching histories of the Asian and other minds. Synthesising mental evolution from cave man days up to now. Including paleopsychology with my genius friend, author of "Global Brain", Howard Bloom. l went to numerous motivational and behavioural change events (eg Anthony Robbins' The Firewalk Experience). I worked and lived in many Eastern and Western countries. I hung out with rich folks, beggars and hitch-hikers. (Hitch-hiked through 34 of the 50 US States right after university). I engaged with tens of thousands of Asians thanks to the online world and my persistence in doing so. I wanted to uncover the root cause of turmoil especially prevalent indecisiveness, neurosis and denial and being puzzled at how impossible it was to make sense of the world.

Bala Pillai
to erumbugal, sangkancil, skletter
More options 22 Oct (3 days ago)

http://kmblogs.com/public/item/105406

October 21, 2005
The Eleven Deadly Sins of KM

Time to Revisit

1. Not developing a working definition of knowledge
2. Emphasizing knowledge stock to the detriment of knowledge flow
3. Viewing knowledge as existing predominantly outside the heads of individuals
4. Not understanding that a fundamental intermediate purpose of managing knowledge is to create shared context
5. Paying little heed to the role and importance of tacit knowledge