Google, Winners and Losers

Posted: October 15, 2013 in Uncategorized

The Australian Independent Media Network

Google time!

Pretty much everyone is familiar with Google’s idea of giving their employees a day a week to work on their own projects. (If not, see footnote*.) Of course, not every project ends up being successful, but Google works on the theory that the profitable projects pay for the others.

And, of course, that’s the way our society works too. Most businesses will fail. On a long enough time line, all will. But the successful ones create enough jobs and provide enough goods and services to keep the economy ticking over nicely. We study the successes, write books about them and encourage people to emulate them.

The ones that go out of business, we tend to ignore. In a few cases, it’ll be down to arrogance, a lack of attention to detail or just plain corruption, but for most, it’ll simply be because they weren’t successful enough for a…

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