Thoughts

When I talk to young people who seem destined for great success, I tell them to forget about charities and giving. Concentrate on your family and getting rich—which I found very hard work. I personally and the world at large are very glad you were more interested in computer software than the underprivileged when you were young. And don’t forget that those who don’t make money never become philanthropists.

Robert W. Wilson

Read this article here. What a perspective on life, money and purpose from 2 of the ultrarich. The context as follows:

Bill Gates and Robert W. Wilson, from an email exchange. Gates, who cofounded Microsoft in 1975, cochairs the Bill & Melinda Gates Foundation with his wife; in 2006 Warren Buffett gave approximately $31 billion and became a trustee. Wilson founded his hedge fund Wilson & Associates in 1969, retired in 1986, and began giving away his fortune. His net worth peaked in 2000 at $800 million. In 2013 he leaped to his death from his Manhattan apartment, having given away $600 million. “One of the dumbest things you can do with money,” he told Forbes in 1979, “is spend it.”

Wow. What is life right?

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Thoughts

“As you gave the ring to one another and have now received it a second time from the hand of the pastor, so love comes from you, but marriage from above, from God. As high as God is above man, so high are the sanctity, the rights, and the promise of love. It is not your love that sustains the marriage, but from now on, the marriage that sustains your love.”

– Dietrich Bonhoeffer, Letters and Papers from Prison, 27-28

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Why is culture so important to a business? Here is a simple way to frame it. The stronger the culture, the less corporate process a company needs. When the culture is strong, you can trust everyone to do the right thing. People can be independent and autonomous. They can be entrepreneurial. And if we have a company that is entrepreneurial in spirit, we will be able to take our next “(wo)man on the moon” leap. Ever notice how families or tribes don’t require much process? That is because there is such a strong trust and culture that it supersedes any process. In organizations (or even in a society) where culture is weak, you need an abundance of heavy, precise rules and processes.

Culture and Process

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