A Quote by Bob Horner
The lesson here, and my advice for other developers, is to find a way that you can quantify for people what your product is worth. We were leery to do it ourselves, but being near Vetro when they did, the auction was a good technique for that. No one wants to be first, and the auction proved to people that others were buying and gave them that boost of confidence they needed.
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There were a lot of publishers that I loved, so the book went to auction. An auction is where you sit nervously by your phone and eat potato chips for two days waiting for your agent to text you numbers of the highest bid for each round. I ultimately went with Dervla Kelly at Rodale Books.
Auctions create greater price discovery and liquidity, resulting in a very meaningful final auction price. If you were building a securities exchange today, an auction would be a core feature.
We're more familiar with what economists call an English auction - prices start low and rise as people bid. However, there is also the Dutch auction, where prices start high and go lower until somebody bites. Movies are sold to the audience via a very slow Dutch auction, where each phase between price drops can last weeks or months.
But even if we were to disappear, people would still be divided into people and Others. No matter how those Others were different.People can't get by without Others. Put two people on an uninhabited island, and you'll have a human being and an Other. And the difference is that an Other is always tormented by his differentness. It's easier for people. They know they're people, and that's what they ought to be. And they all have no choice but to be that way. All of them, forever.
I was given all of my dad's guitars when he passed, and they were being stored at the house. My mother decided they were hers again, and she took them all back, and now they're going up for auction.
With 'California,' editors were reading it, and fast, and others were emailing my agent to request it. Ultimately, there were a few editors interested in the book, and it sold at auction about two weeks after the submission process started. I couldn't believe it!
Loving people, and allowing yourself to be loved, was only worth the risk if the odds were in your favor, but they quite clearly weren't. There were about seventy-nine squillion people in the world, and if you were very lucky, you would end up being loved by fifteen or twenty of them. So how smart did you have to be to work out that it just wasn't worth the risk?
One of the reasons why we can make a lot of money in equity markets is because they're auction-driven, and auction-driven markets are very different from almost any other kind of market.
Is Amazon truly the best online buying experience? Absolutely not. Is eBay the best platform for auction? Probably not. Are dating sites like match.com really a reflection of the way people date? Probably not.
Hard information on the quantity of bogus art sold is difficult to come by, in part because fraud, when discovered by dealers and auction houses, is usually kept secret to boost public confidence in the art market.
There is a kind of laughter people laugh at public events, as if a joke were a charity auction and they want to be seen to be bidding.
It is we ourselves that we have to think about, no one else. That is the way the saints worked. They paid attention to what they were doing, and if others were attracted to them by their enterprise, why, well and good. But they looked to themselves first of all.
At the end of the day, when you go on to Google everything is about the way you were sacked when you were in charge of Australia. It doesn't mention the good things I did with South Africa or the good things I did in my first year with Australia when I brought in a lot of young players and gave them opportunities and tried to build a team.
Basically, a manager's job is to make other people more productive. What's one really good way to do that? Do the work that is getting in their way. Which means find out what kind of important work your developers dislike the most, and do it for them.
If it were any other way, it would be easy. And if it were any other way, everyone would do it and your work would ultimately be devalued. The yin and yang are clear: without people pushing against your quest to do something worth talking about, it's unlikely it would be worth the journey. Persist.
We are constantly being surprised that people did things well before we were born. We are constantly remarking on the fact that things are done well by people other than ourselves. "The Japanese are a remarkable little people," we say, as if we were doing them a favor. "He is an Arab, but you ought to hear him play the zither." Why "but"?
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