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Fixed Downside, High Upside Thinking

Today I'd like to introduce you to Venkat Rao. He writes Ribbonfarm, and he's mastered the difficult challenge of writing smart, novel, entertaining, eloquent, controversial, and accessible content - at the same time. Most people can't do this.

Venkat wrote an excellent reply on Quora to the question, "Is it hard to build, market and maintain a web app that makes at least $1000 a month?" Quora's TOS actually allows you to republish things in full with attribution (and some other requirements), and I thought this would be an excellent introduction to Venkat for you.

This whole reply is brilliant. He's got the orders of magnitude on money, time, and requirements basically dead-on. Extraordinarily impressive read here -

"Is it hard to build, market and maintain a web app that makes at least $1000 a month?"

This is a very interesting question, and the responses are very revealing. It is instantly clear who knows what they are talking about.

Why Great Nations Fall- A look at Rome's fall and what the US could learn

On A Driver Minded Guy Living in a Passenger Minded World

"History repeats itself, and that's one of the things wrong with history." Clarence Darrow

This is a familiar quote to us all, but how often do you actually stop and wonder what we, as a culture or as a nation, are repeating? As a self proclaimed history nerd, I like to look back over history and wonder what has happened before and what are the correlations to what we are seeing, living, experiencing today.

The United States is often seen as the greatest nation since what nation? Rome. Before Rome, there were several kingdoms that had practiced domination of the region. There was only one that was as long lasting as Rome. As a nation, Rome was founded on the republic ideology and with this as its backbone, it brought in a new era of innovation, economic progress, and expansion. This was a country that lasted longer than any other kingdom did at that point in history. So why did it fall?

Like Rome, the United States has held a similar torch of achievement until recently. Unfortunately, there are a lot of similarities between where the nation of Rome found itself prior to its great demise and where we, as a nation, find ourselves. Here are just a couple of similarities: economic mismanagement, societal entitlement, decay in the military strength, influx of varying cancers. For this post, let's look at the economic mismanagement and societal entitlement.

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