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“It’s easy to make a buck.
It’s a lot tougher to make a difference.”
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Tom Brokaw
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“In a dream world, everyone is treated with the same amount of respect. But until we reach that goal, I will lend my ear, I will lend my voice to any boy, girl, man or woman who does not feel like they can protect themselves.”
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Jennifer Lawrence
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Well. When you get to my age you sometimes pause and think “has anything I have done really made a difference.”
I tend to believe it is a reflective thing we naturally do because most of us have invested gobs of energy in some career, gobs of energy outside of the workplace with home & family responsibilities as well as gobs of energy in at least some ‘self fulfillment’ stuff.
We kind of want to assess life in maybe an ROI type way. That ROI idea may sound a little weird, but starting all the way in grade school where they pound into your head you should be involved in extracurricular activities <on top of schoolwork> all the way throughout your career you tend to measure your Life in an “energy-to-achievement” ratio way.
To be clear <part 1>.
We draft resumes being encouraged to espouse “differences we made on a business” wherein we take basic responsibilities, shit we are paid to do, and stretch it out into some dramatic outcome. Our professional lives seem to be driven into some simplistic ‘where I made a difference’ encapsulation which sadly derives it of the true rich & royal hues.
And, yeah, that matters. It matters because it is, more often than not, in those swirling colors where you personally find satisfaction – and meaning. Yet, almost all of us distill our differences into simplistic black & white terms, or, in other words, we are encouraged to sell ourselves as “I am a good ROI.”
Now.
To be clear <part 2>.
This ‘pause & think’ isn’t about doubting any personal ability, or smarts or even accomplishments. I assume I am not that different than most people my age that I assume I have some ability, some smarts and some accomplishments.
The ‘pause & think’ is more about the ‘degree of.’
Am I really that good?
Am I really that smart?
Are my accomplishments really that good?
You start thinking about whether you have truly made a difference or if your “wins & accomplishments” were simply pedantic grind-it-out every day shit and that your losses were losses that didn’t mean anything anyway. Or, in other words, we are encouraged to think of our lives as “was I a good ROI.”
Now.
If you truly think about that you start thinking about what you have done and ROI.
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“Hey, if I am going to lose, let me lose doing something.”
Sam Seaborne
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Ok. I say all that because I received a couple of unexpected messages recently. The kind of messages that makes you pause & think … “maybe I did make a little bit of difference in some corner of the world”:
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Hi Bruce! I hope you’re doing well! It’s been a little while since we’ve talked. I just caught up with +++++ and a group of <college> students in Chicago last week. You set such a great example of leadership and teaching young people, including myself, a few years ago. I can only hope to have the same impact on this new group of students. I sincerely hope you’re doing well and I hope to keep in touch!
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Thank you so much, Bruce. You know I think about the day you pulled me into that little conference room at 151 W. 4th Street to tell me you were bringing me on to +++++++ – a lot. You saved my career that day. I will always be grateful to you for teaching me so much over the course of that year. Thank you for everything.
——————–

I am fairly sure no one gets a lot of these messages so I am fairly sure almost everyone cherishes them. They reflect some “return” on whatever we have invested.
But. You know. It is quite possible I look at ‘making a difference’ and my own personal ROI a little differently than a lot of other people. I know I would love to leave behind a legacy-like idea but, maybe more importantly, I would like to leave behind a legacy of ‘he made a difference’ – however that comes to Life.
That drives me and what I do and say <and write>.
The dilemma with pursuing thinking like this is while it has a high appeal for success <because it means ‘something’>, it is difficult, time consuming, <honestly> has a relatively low chance of success and is not the kind of thinking that really pays the bills. I imagine any life ‘purpose’ decision, combined with the fact you have to sustain and maintain everyday life responsibilities at exactly the same time, makes you ponder this unfortunate dilemma.
I can unequivocally state anyone who makes a conscious decision to ‘want to make a difference’ should make sure they think that decision through. It is not one to be made flippantly and while I shared a couple of notes which makes it all worthwhile to me, mostly you do not get much positive feedback.
That said.
I will offer a thought as you think about the dilemma.
Some guy named John William Atkinson wrote Motivational Determinants of risk-taking Behavior in Psychological Review in 1957. He suggested that if you can choose the grade of complexity <difficulty> of a task most of the decisions are taken in a mid-complexity-level. Too easy tasks or too difficult tasks can neither provoke a strong feeling of satisfaction nor a strong disappointment and vice versa.
Highly motivated people often choose a realistic complexity of tasks whereas low motivated people choose tasks that are finally to easy or too difficult for them.
But. Here is where I think I would sit good ole JW Atkinson down and have a debate. If I set aside the fact bills have to be paid at some point, I would say he doesn’t give ‘appeal of success’ enough emphasis. Especially if the appeal of success is tied to “doing something” or maybe better said ‘doing something that may truly matter.’
Huh? As Sam Seaborne says “if I am gonna lose let me lose doing something.” What I mean is that if you consciously decide to ‘go big and win big <or lose big>’ your satisfaction criteria changes and, therefore, you are willing to plow your way through more complexity and difficulty.
Look. I don’t think I am different than most people. We all want to ‘do something.’ Deep in our heart of hearts we want to know that we have done something that matters. I imagine, in a ‘big impact’ thought kind of way, somewhere in all of us we would like to leave the world a better place than the way we found it <and everyone can define the extent of ‘better place’ in their own minds>.
A friend of mine once pointed out that this ‘go big ideal’ can often simply be making a smaller difference in someone’s life. He is right. And if that is as good
as it gets, well, that ain’t bad. But sometimes the desire to ‘do something’ is bigger than individuals or individual moments. That doesn’t make it ‘better’; just bigger. Bigger as in my case I take ‘world’ literally and not figuratively.
That ‘bigger’ matters because Atkinson is suggesting that the size of the ‘do something’ legacy task can often lead to a complexity that increasingly makes it difficult to be successful <but the prize more tantalizing>. I think what he misses is that a desire to make a difference can mentally shake the motivation etch a sketch.
Anyway.
At some point I think we all make some decisions on whether to compromise ‘greater purpose’ versus ‘everyday grind it out needs & responsibilities.’ Day to day responsibilities <not just bills but true responsibility to others who count on you> is a real life factor in whatever you decide to do or not do. It’s not like you have a blank Life sheet and put on it “do something that matters.”
The sheet is never blank.
You have cars, mortgages, children, mates/partners, work obligations, general shit that needs to get done. In fact, if you think about it too much, you will start thinking “holy shit, I want to make a difference but how the hell does it all happen?”
Well.
In the kindest sense you learn to balance or juggle.
In its harshest sense you compromise.
I would argue far too many of us confuse those two things and more of us actually compromise than we juggle. And I fear compromising has left far too many people numb to life or maybe just numb to their dreams. Or maybe, more specifically, numb to ‘doing something.’ or, maybe worse, numb to making a difference.
Me? I think I have always had some fear of that numbness if I end up compromising and avoid it like the plague.
I don’t know. What I DO know is that when you get to my age you focus a lot less on the ‘what did I do’ and ‘what did I not do’ and ‘compromise’, and a lot more on “difference achieved.”
Sure. I, as everyone else, certainly want to be happy. Live. And love. And be loved. Travel. See things. Meet people. Meet more people. Learn. And have offered some value in all that.
But, today, I’m focused on “doing something that matters.”
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“The biggest human temptation is to settle for too little.”
Thomas Merton
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Did I really do something that can leave the world a better place?
Did I really do something that made a difference?
Atkinson is/was probably a shitload smarter than I, but I gotta tell ya … even with all of his complexity & poor likelihood to succeed thinking, well, in my mind if you even have a glimmer of hope of getting to do something big … something really big … something that matters in a big way … something that someone would know really made a difference … I think you gotta go for it. It sure seems like you would want to do something, anything, which lends a voice to those who aspire to greater things themselves.
I mean, what the hell, if, in the end, I am going to lose or look like a loser, I want to know I lost doing something. In my mind I want to work hard at making a difference so that at some point, when all is said and done, there was a bunch of people saying “I wish I had sent Bruce a note.”
‘Cause I don’t need the notes. I just need to know they felt like they should have. In other words. I made a difference.
Just to close off this thought:
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“You know the Greeks didn’t write obituaries, they only asked one question after a man died, ‘Did he have passion?’”
quote from the movie Serendipity
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Even at my age making a difference can happen starting today. As I wrote in my obituary post years ago:
An obituary is not about what you can undo from what is done. You don’t
undo. It’s about moving on.
That, my friends, is a big thought.
Because a lot of people want to go back and fix or ‘undo.’
Once again.
You can’t.
But obituaries can be written at any time. In fact. Many obituaries are written … well … when they are written … and that means they are written with “what is” as the case and point. I guess what I am suggesting is that you can choose to unburden yourself from the past at any point. The good, the bad, the indifferent … none really matter.
Write your obituary from today on.
In other words, start making a difference today if you have not already.
In other words, seek to maximize your ROI to the world around you.



undo. It’s about moving on.
What I am tomorrow depends on what I do today. My actions today make me who I am tomorrow. You get it.


Why?
Well. It takes on a mutated form in older adulthood.
Bottom line.

One of capitalism’s superpowers is the ability to destroy itself over and over again. This means that stagnancy is its kryptonite. It is a form or method of economic change and never can be stationary. The truth is capitalism is an evolutionary change agent should it be permitted to be so (I will return to this point). I say this because so many people talk about capitalism as a ‘state’ yet that ‘state’ is ever changing in a blink of an eye. To describe a capitalistic society is simply to describe it in a point of time (and in the past). This evolutionary characteristic is not just due to economic/business but also changing social/societal environments which as it changes alters the arc of economic action. In fact, I could argue that the social condition is more important to capitalism than any industrial/business change. The fundamental impulse that sets and keeps the capitalist engine in motion comes from the new consumers, goods, the new methods of production or transportation, the new markets, the new forms of industrial organization that capitalist enterprise creates. This implies a large amount of qualitative change in order to beget the quantitative economic/industrial change. I would be remiss if I didn’t point out that globalization is an inherently social activity from which economic activity emerges. In other words, capitalism revolutionizes the economic structure from within destroying what exists to create something, and things, new. Schumpeter called this (in different words) Creative Destruction.

in systems, processes, operations, etc, however, the step up to ‘great’ demands a culture (which is always implemented by people) to elevate the ‘infrastructure aspects. To be clear. “Culture” is not some ‘thing’, or values, or some nebulous feeling, it is an emergent consequence of how people interact with each other within a business. It is not what someone does or doesn’t do, it is what happens when people do things with each other. I thought of this because Mike Walsh has a new book, The Algorithm Leader, which suggests that the most successful companies of the future will support/augment/enhance that culture infrastructure – with algorithms. Now. Before anyone defaults into thinking this translates into “empty soul, technology order taker” company, or even holocracy (ponder how polar opposites could be relevant to the algorithm topic), let me share some thoughts on how I believe the thinking suggests structural value creation lift: for business & humans. To me this will occur through a balance of stability (knowledge infrastructure), uncertainty (quests versus missions) & understanding of Antifragility (selective redundancy maximizing untidy opportunities).
It within this dynamic environment in which we should note business is inherently fragile. HBR once said “business is a quivering mass of vulnerabilities.” I say that because as a pendulum swings one way it will inevitably want to swing the other way. We inherently feel the fragile pendulum swing and start seeking to build ‘un-natural’ antifragile aspects to create a sense of antifragility. Aspects like systems, process, rules, KPIs, data/dashboards and, yes, algorithms. Depending on how fragile we see, or feel, the business to be the more likely we use the created mechanisms to ‘tell us what to do.’ We must fight against those instincts.
All businesses will exist, in some form or fashion, grounded in algorithms. I am fairly sure that’s a given. The challenge will be to not get consumed by algorithms.
Not first impressions, but first words.
I do not sit here today writing to suggest anyone should be more careful with regard to what they say first. I do not because I believe most of us are pretty careful with our first words.
Nationalism, populism, and “America First,” and economics are inextricably linked. The Trump administration simply embodied the dull axe version of nationalism economics so we have some indications of what it means in terms of implementation as well as consequences. That said. It is a little difficult to unpack everything happening with regard to “America First” and what it means for America economically short term and long term.
I took a lot of big gulps during the Trump years as I viewed lists of regulations the Trump administration eliminated. I viewed this as general incompetence <they appeared to follow an “if it exists it should not exist” strategy and not “a thoughtful consideration of its impact” type decision> or general lack of understanding of how business works. What I mean by that is business has a fairly simple objective; profit making. It is within that simplicity that a lot of bad things, and bad behavior, can occur. Government has always been in the business of ‘guardrails to ensure the populace benefits’ and, generally speaking, do fairly well at that. I am certainly not suggesting governments shouldn’t be reviewing regulations all the time and eliminating, or editing, existing regulations that have served their purpose. The Trump administration applied the dull axe version of my last sentence. One could ponder if at the core of their deregulation there was some corruption, but let’s just say they embraced unfettered free market (which almost any eminent economist would tell you is a bad idea).
Solid economies tend to lean on some certainties – monetary systems, distribution systems, partnership systems, resource systems, etc. as the pandemic reminded us, when these certainties become less certain, bad things happen. Trump views uncertainty as a positive <with regard to everything>. This attitude undergirds behavior. For example, whole sale immigration changes disrupts the entire workforce and negatively affects a variety of industries. His appositive view of certainty upends industries within his actual behavior – and he doesn’t care. It seems to me that wrenching the entire system 180degrees creates what I offered up as the biggest flaw in Trump’s way of doing business — uncertainty. He believed everyone was like him and every business would thrive if he created the uncertainty and he thrives on the belief America will ultimately benefit from uncertainty. He believed America will swoop in now that is it is free from the shackles of the ‘old order’ <way of doing things, deals, regulations, etc.> and dominate what, uhm, we already dominated.

As noted above, America is the business of making and selling shit. Now. While that has certainly shifted over the decades (we do significantly less ‘making’ and significantly more ‘services economy’), the core of any country’s economic resilience resides in manufacturing (large, medium and small sized businesses). That said. Trump always claimed he was a builder and America must have had a dozen “infrastructure weeks” espousing a growth in manufacturing that never occurred. While it is easy to chuckle over ‘the infrastructure week that never was’ it is actually sad because it was a reflection of a cascading number of issues surrounding an “American first” belief. You need money to build infrastructure – government money. Government money subsidizes innovation and growth for which it gets paid back in tax revenue (business and individual wages) over time. Governments get crucified when they make a bad bet or ROI isn’t clear upfront, but the reality is for every ‘bad bet’ government has made that bet has evolved into, well, economic progress. In other words, you need government money for infrastructure. Which leads me to the Trump tax decreases. Ignore the fact it benefited the wealthy, it increased deficits as America gained less in tax revenue which, as a consequence, they didn’t have for, yes, an infrastructure week. In addition, the tariffs. I am neither anti nor pro tariffs. They can be used tactically quite effectively to help specific industries compete. The Trump administration implemented tariffs like a dull axe in combination with the fact they didn’t coordinate with the EU so tariffs hurt the US doubly as that business went elsewhere. But the tariffs situation got a bit worse as we think about money to invest. Trump, in the attempt to limit the bad news domestically, began subsidizing the American industries he crippled with the tariffs. Basically, the government money wasn’t being used to innovate or invest but rather to prop up industries he was hurting with his policies. To be clear, I am not opposed to doing that when warranted, but this was a self-inflicted deficit increaser which capped any opportunities to invest elsewhere.


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That said.
And unless someone is lying just to get everyone’s unrealistic hopes up, any hope is better than no hope. You can either not have hope, or have false hope, or real hope <albeit ‘real’ and ‘hope’ is a tenuous relationship>.

The universe has no real obligation to us. Period.
We tend to complicate our lives in a number of ways.
Now. Two things.
authoritarianism, Islam versus … well … Christianity/America/constitution/etc., white versus non white, intellectual versus nonintellectual, urban versus rural and any other dualism thing you want to add.
While I believe any individual has the right to be an idiot I think we would all be idiots if we didn’t acknowledge we are in a universe in which the amplification universe is not indifferent. In addition the amplification universe has the ability to exponentially share idiocy – not additively or even multiplicatively. Therein lies the accountability and responsivbility issue. While it sounds nice to say every platform can say whatever it wants to say <kind of a misplaced freedom of speech play> the reality is it isn’t about saying iodiotic things or lies or disinformation, its about teh amplification. So without any rules on how things get amplified <usually this comes down to algorithms> we inevitably have to talk about the source of the things that are getting shared. I, personally, think twitter, Facebook, instragram, whoever, should clamp down on disinformation and lies. Will they always get it right? Nope. Will in most cases , even in their errors, benefit society? Yup. Anything at this point which slows down amplification, or mutes what may take some time to be proven, is good. we do not need to “know everything” immediately. Give some time to vet everything. Let idiots speak but maybe limit how far and wide their idiocy spreads <at least initially>. That actually seems to protect the privileges and freedoms of citizenry more than it limits it.
And, lastly, I am absolutely clear that the universe has no real obligation to me … or us.
I keep seeing research in the United States that says something like 50% of people under the age of 30 do not believe in capitalism.
banks out of business>, but rather personal decisions, choices & responsibility. Yes. I just suggested <again> that people, not the system, will define the better version of capitalism. Adam Smith suggested the three pillars of a society are: prudence, looking after oneself as best as one is able; justice, keeping the law of the land; and beneficence, caring for others and society where there is need. Yeah. Adam Smith deceived in the collective interest beyond self interest.
Yes. Capitalism has certainly vastly improved our lives and our means to live. But it has also fed this insatiability.
I have been thinking about capitalism for a while nudging my mind toward discussing morals and character <society & culture>. In doing so I found it interesting to think about Schumpeter when addressing the youth capitalism challenge.
Second is our propensity to consume <and its self perpetuation>.
certainly stagnated, family disposable income has grown, life standards have improved, health has improved and overall quality of life has improved <and showed a continuous growth>. Unfortunately, at the same time, while families busily lived their lives they also had access to the finest inventory of toys capitalism could provide. Each generation was doing better than the one before, life was good and standard of living acquired a layer of ‘non essentials’ as part of how the people lived a successful & happy life.