A Quote by Lawrence Lessig
If the Internet teaches us anything, it is that great value comes from leaving core resources in a commons, where they're free for people to build upon as they see fit.
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Successful companies create value by providing products or services their customers value more highly than available alternatives. They do this while consuming fewer resources, leaving more resources available to satisfy other needs in society. Value creation involves making people's lives better. It is contributing to prosperity in society.
What has a great value to us as a nation is the internet itself. The internet is critical infrastructure to the United States. We use the internet for every communication that businesses rely on every day.
Know your core competencies and focus on being great at them. Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but are cheap.
We use the block chain to share value, just like Internet protocol lets us share communication. Our goal is to build a global, international bank that is instant, global, and free. Sending payments should be as easy as sending an email.
Great pressure is brought to bear to make us undervalue ourselves. On the other hand, civilization teaches that each of us is an inestimable prize. There are, then, these two preparations: one for life and the other for death. Therefore we value and are ashamed to value ourselves.
The family teaches us about the importance of knowledge, education, hard work and effort. It teaches us about enjoying ourselves, having fun, keeping fit and healthy.
Everyone should be concerned about Internet anarchy in which anybody can pretend to be anybody else, unless something is done to stop it. If hoaxes like this go unchecked, who can believe anything they see on the Internet? What good would the Internet be then? If the people who control Internet web sites do not do anything, is that not an open invitation for government to step in? And does anybody want politicians to control what can go on the Internet?
Sometimes people hold a core belief that is very strong. When they are presented with evidence that works against that belief, the new evidence cannot be accepted. It would create a feeling that is extremely uncomfortable, called cognitive dissonance. And because it is so important to protect the core belief, they will rationalize, ignore and even deny anything that doesn't fit in with the core belief.
A free people, free to believe as we wish, free to speak our minds, free to raise our children as we see fit, will, make no mistake about it, endure.
People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.
If experience teaches us anything at all, it teaches us this: that a good politician, under democracy, is quite as unthinkable as an honest burglar.
Let us develop the resources of our land, call forth its powers, build up its institutions, promote all its great interests, and see whether we also, in our day and generation, may not perform something worthy to be remembered.
Music is a great blessing. It has the power to elevate and liberate us. It sets people free to dream. It can unite us to sing with one voice. Such is the value of music.
Art - when it is really doing what it should do - teaches abstract thinking; it teaches teamwork; it teaches people to actually think about things that they cannot see.
I think Leonardo da Vinci teaches us the value of both being focused on things that fascinate us but also, at times, being distracted and deciding to pursue some shiny new idea that you happen to stumble upon. Balancing intense focus with being interested in a whole lot of different things is something that we have to do in the Internet age.
An organization is really a factory for producing new ideas and for linking those ideas with resources - human resources, financial resources, knowledge resources, infrastructure resources - in an effort to create value. These are processes that you can map, with results that you can measure.
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