Not Asian-related, but this story has got to be one of the more interesting business stories that I’ve seen: A Company Copes With Backlash Against the Raise That Roared. Dan Price is a young 31-year-old millionaire in Seattle who is the CEO of a payment processing company called Gravity. A few months ago, he made the decision that the lowest paid worker at his company would make a whopping $70,000 as a bare minimum. He came up with this number based on reports that happiness tended to rise until one made $75,000. He decided that he’d do his part to ensure his workers were happy. With the new system, even the lowest-paid clerk would make at least $70,000.
I’m still feeling bad for Anderson Silva, but it looks like surgery was successful. They expect him to be out for at least six months. It probably is time for him to retire, since he’s already 38.
But what I really wanted to talk about was Ronda Rousey. I’m a HUGE Ronda Rousey fan. She’s my favorite fighter outside of Lyoto Machida (who may soon become the middleweight champion, now that Anderson is out). Last night, she looked incredible against Miesha Tate. She put on a judo clinic, tossing Miesha left and right and landing right on top of her. She had to fight hard to get the armbar, but she finally found it in the third round. Before then, she punched Miesha in the face over and over.
I’ve been procrastinating like crazy on the “competition” podcast. This is partly because I’ve been obsessed crazy with other stuff, and partly because it’s a relatively bigger technical undertaking if we do it the way I hope to do it. But it’s also because I’ve been feeling a bit…disconnected.
Paul Tough writes an interesting book on teaching kids to succeed. How Children Succeed is based on the idea that character often determines how children cope with the world, and that there are ways adults can best teach children the character traits that will enable them to do well in the world. Tough focuses on the poorest and neediest children in his interviews, but he also talks about how wealthy kids face the same issues on a lesser scale. His thesis is that character traits are often more important than IQ, and that having the “character” to strive and work will often make a person successful
I’ve been thinking about this issue every single day since my son started playing chess: The Role of Competitiveness in Raising Healthy Children. My son knows how all the pieces move. He generally understands forks, pins, and the relative value of the pieces. But he doesn’t understand everything fluently yet. He’s part of a chess club where he plays other kids, and like other kids, he’s not always certain whether there’s a checkmate or a check. Some of the parents enroll their kids in private lessons, and we haven’t come to that yet. But the idea is always in my mind–is it good for my son to be involved in competition at his age? If not, when?