Emergic: Rajesh Jain's Blog

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Weekend Reading

January 10th, 2009 · 5 Comments

This weekend’s links:

  • The Power (and Peril) of Praising Yor Kid: FromNew York magazine (via Atanu). “Giving kids the label of ‘smart’ does not prevent them from underperforming. It might actually be causing it.”
  • Scale Economics: by Fred Wilson. “What we are witnessing on the Internet is the development of a economy based on the notions of abundance and scale…we are in a world where millions of advertisers buy billions of impressions at penny cpms or even better dollar cpas. This is a scale business with scale economics.”
  • The hundred years’ war: An editorial in The Economist looks at the history of the Arab-Israeli conflict. “How growing rejectionism, the rise of religion, a new military doctrine and a new cold war keep peace at bay.”
  • Risk Management: A New York Times Magazine cover on the financial crisis, focusing on VaR (Value at Risk). “Were the measures used to evaluate Wall Street trades flawed? Or was the mistake ignoring them?”
  • Don’t give up too soon: by Matt McCall. “A Harvard study on successful sales management…supposedly concluded that a business sale takes 7 meetings on average to close. It also mentioned that the average salesman stops pursuing the sale after 5.4 meetings.”

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5 responses so far ↓

  • 1 Sathya // Jan 10, 2009 at 9:20 am

    Hello Rajesh

    I am a regular reader of your blog. I keep in touch with whats going on in the mobile world through your blog. More than that I like the way you put things in perspective. Of late, the weekend reading section is quite informative as well. Kudos and Keep up the good work.


  • 2 sasirekha // Jan 10, 2009 at 12:03 pm

    very first time i read your blog .its very informative.keep going…………

  • 3 Satya // Jan 10, 2009 at 12:38 pm

    The last one – Don’t give up too soon – is an amazing piece, though the smallest. People give up after 5.4 meeting when 7 meetings is the average. Wow. Truly, persistence pays.

    Wish someone could tell me similar statistics how the recessionary cycle how going to be.

  • 4 M Manjur Mahmud // Jan 10, 2009 at 2:32 pm

    Hi Rajesh
    I am one your readers from Bangladesh . As you may or may not be aware that the mandate for the newly elected govt is to built a “digital Bangladesh” by 2021.May not be very appropriate without giving all the facts , still any idea what may be according to you be a priority area for the govt to focus on at this moment.

  • 5 Pankaj Mhatre // Jan 20, 2009 at 6:03 pm

    Thanks for the link about the Power of Praise .. I’d say it’s a must-read for anyone with kids. Actually even for all adults, since we are all just overgrown kids 🙂 Already forwarded it to the extended family. It’s so simple and subtle that it’s amazing. But then you must have known it anyway since you are so smart!

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