September 12, 2011, 7:30 am
I’m reading Poke the Box right now, an interesting monograph by Seth Godin on the power of initiative and risk-taking. One of the concepts he invents in the book is “instigation capital”:
What can you invest? What can your company invest?
- Financial capital—Money in the bank that can be put to work on a project or investment.
- Network capital—People you know, connections you can make, retailers and systems you can plug into.
- Intellectual capital—Smarts. Software systems. Access to people with insight.
- Physical capital—Plant and machinery and tools and trucks.
- Prestige capital—Your reputation.
- Instigation capital—The desire to move forward. The ability and the guts to say yes.
– Godin, Seth (2011). Poke the Box (p. 12). The Domino Project. Kindle Edition.
He goes on to say that instigation capital is the most important kind of capital in the new economy,…
October 29, 2010, 7:40 am
Seth Godin has a lot of good things to say in this short blog post, such as:
When a professor assigns you to send a blogger a list of vague and inane interview questions (“1. How did you get started in this field? 2. What type of training (education) does this field require? 3. What do you like best about your job? 4. what do you like least about your job?”) I think you have an obligation to say, “Sir, I’m going to be in debt for ten years because of this degree. Perhaps you could give us an assignment that actually pushes us to solve interesting problems, overcome our fear or learn something that I could learn in no other way…”
When a professor spends hours in class going over concepts that are clearly covered in the textbook, I think you have an obligation to repeat the part about the debt and say, “perhaps you could assign this as homework and we could have an actual conversation…