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In the United States, we have a feature in our roadways known as speed bumps. These are intentionally created bumps in the road near schools, playgrounds, and anywhere children spend time. The goal of these speed bumps is to force you to slow down the car you’re driving to provide a safe environment for children. [...]

Nobody like setbacks, obstacles, and “failures.” It’s human to feel sorry for yourself. However, it’s not particularly productive or useful to feel sorry for yourself for too long. Anytime I get knocked on my rear by life, I have one rule that I do my best to follow. I allow myself to feel sorry for [...]

Most people know of Google’s exceptional skill in hiring a bunch of rocket scientists to deliver incredibly useful search engine search results. Recently, they decided to data mine their own employee reviews and promotions database. The goal was to quantitatively determine what factors got people promoted in Google to become managers and leaders within the [...]

Ask five people who know you (but not too well) what the first words are that come to mind when they hear your name. If you were one of my five people, I would ask you, “When you hear my name, Victor Cheng, what’s the first word or words that come to mind?” Then listen. [...]

Most new entrepreneurs are enamored with product ideas. “I have a new idea for a product,” “a service,” or increasingly, “an app.” You hear this at cocktail parties all the time. When someone says they have a new business idea, they are almost always referring to a new product idea. But, those who actually run [...]

When it comes to building a personal brand, many people get confused about how to do it right. There are two ways. The first is to tell people how amazing and awesome you are. Here’s an example. “Did you know that I’m an amazing human being?” “I’m so awesome…” “I’m smart, good-looking, and successful.” “Here’s [...]

I once heard somebody say that Leadership = Selling. It struck me as odd because I had never heard somebody say that before. While the reverse is not true (selling is not always leadership), I’ve come to the conclusion that leadership is very much about selling your ideas. If you want to build a great [...]

In mathematics, there’s a concept and symbol known as delta. It is represented by the following greek letter Δ that looks like a triangle. In this context, delta = change. If sales were $100 million last year, and $110 million this year, we would say the delta is $10 million. Management consultants will use the [...]

To improve in your career, you need feedback. You need to know what you’re doing well and what you need to work on. The #1 reason new associates get fired at McKinsey is the inability to take feedback. Yes, it is that important. It also makes a lot of sense. The only way to grow [...]

Whether you’re the CEO of a company or the CEO of your career, it’s your job to create value for others and to capture some of the value you create. In the case of running a company, you create a product that customers value. Customers are so excited to receive the value your product provides [...]

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