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Mark Shuttleworth on companies and free software

Mark Shuttleworth on companies and free software

Posted May 18, 2011 19:45 UTC (Wed) by rahvin (subscriber, #16953)
In reply to: Mark Shuttleworth on companies and free software by dgm
Parent article: Mark Shuttleworth on companies and free software

Don't attribute riches or even their accumulation to intelligence. That's a very big mistake even if it is repeated ad nauseam in the political space. Creation or wealth or creating/running a successful business isn't correlated to intelligence in the least. Luck and timing can play a bigger role in wealth generation than just about other factor. Contrary to what you hear in politics wealth makes no prediction on the incentive or even the ability to create additional wealth.


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Mark Shuttleworth on companies and free software

Posted May 26, 2011 12:33 UTC (Thu) by Wol (guest, #4433) [Link]

Successful businessmen are usually those people who did well on the games field at school.

And kids who do well at games are rarely the sharpest knives in the block.

Cheers,
Wol

Mark Shuttleworth on companies and free software

Posted May 27, 2011 6:42 UTC (Fri) by AdamW (guest, #48457) [Link]

But...if that's true, why do so many retired athletes screw up their business ventures so badly? :)

Mark Shuttleworth on companies and free software

Posted May 29, 2011 16:37 UTC (Sun) by Wol (guest, #4433) [Link]

Statistical howler 101 ...

Just because A implies B (successful businessman implies good at sports when kid) doesn't mean B implies A (good at sports implies good businessman).

Most new businesses go bust. It seems the skills that give a business the best chance are also those that tend to lead success on the sports field. But it's quite likely that successful businesses are lead/run by people who have the ability to do well (but not excel) at sport. If they excel they stay in sports. If they don't, when they go into business they are more likely to excel there than the general populace as a whole.

Cheers,
Wol

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