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Showing posts with the label Sergey Brin

Just my thoughts #0745

If thinking is categorized practically, it can be broadly split into ‘volitional thinking’ and ‘instrumental thinking.’ Volitional thinking involves the belief that to succeed, a person must have a strong will to overcome hardships and obstacles. Self-improvement falls under this category. However, to actually overcome hardships and obstacles, it is instrumental thinking that drives us to consider that we need ‘tools’ to get past them. In other words, it’s like how carpenters build houses: they construct the structure, but tools are what make it possible. There is no carpenter without tools. Both are essential for success, but if I had to emphasize one, focusing on instrumental thinking is more advantageous. - Joseph’s “just my thoughts”

Just my thoughts #0132

Google founder Sergey Brin, one day asked a great question. “What will happen if we give this service for free?” The result was, as we know well, “MONOPOLY”. Google gives employees 100,000 meals a day for free. This is because Google found that providing free meals is more profitable for the company. Initially, a payment system was introduced in the cafeteria. Soon, however, Google changed its mind when it saw the people waiting in line. Google learned the “opportunity cost”. Google's technology is excellent, but they realize it is not about making money. Fate changed when they discovered that the Business Model for that technology made money. - Joseph’s “just my thoughts”