This is a re-post of Steve Faktor’s original article on Linkedin Today (via LinkedIn’s INfluencer program)

I don’t remember exactly when my dad told me to “measure twice and cut once”, but it must have been right before I nearly sawed my fingers off doing one of our many tenement improvement projects. My family and I immigrated to the US from the Soviet Union. We lived in a small Brooklyn apartment where everything always broke, but would never know the joy of being fixed by a licensed professional. Instead, there we were – my engineer dad and I, wearing our irregular Fruit of the Loom T-shirts, poking, prodding and making sparks, like a pair of Iranian scientists trying to launch a chimp into space. We installed air conditioners, fixed pipes, and used a geriatric Soviet drill that would deafen Metallica. It’s only recently that I realized my dad’s advice was both the greatest and worst thing I ever got. And, it’s cast a huge shadow over my life and how I view business…and the world.
This is a re-post of Steve Faktor’s original article on Linkedin Today (via LinkedIn’s INfluencer program)
Lately, several executives and aspiring entrepreneurs have asked me the same terrifying question: “What should I do next?” I’m not sure how I became Dr. Phil for anxious professionals, but suddenly I’m fighting the urge to grow a bushy, un-ironic mustache. Maybe writing a book about the future of US innovation makes people assume you have all kinds of answers… But everyone seeks a slightly different answer. Some aspire to build the next Facebook. Others are deciding what product to launch. A few just want to break free from their desks – and possibly, set them on fire. Today, I’d like to share the advice I gave them – minus the smudged napkin drawings and fire safety lecture.
This is a re-post of Steve Faktor’s original article on Linkedin Today (via LinkedIn’s INfluencer program)

Before the holiday, Matt Damon was quoted saying “the system is rigged.” Immediately, I felt horrible. If the world is against this handsome, famous millionaire, what hope does a business hobbit like me have?
It’s not the first time I’ve heard this feel-bad, defeatist mantra. It was a cornerstone of the 99% protests and famously reiterated by Elizabeth Warren, now Senator Warren. (And brilliantly rebutted by Adam Carolla). On the right, an anarchist flavor of the same pessimism is brewing. Conspiracy ringleaders like Alex Jones are quietly mobilizing an angry, disenfranchised army. In uncertain times, it’s easy to succumb to paranoid defeatism. Why? Because it excuses failure. It de-stigmatizes the shame of not trying. It justifies hating the other guy’s success or telling those with nothing to fend for themselves.
Let’s say the system is rigged and everything is a conspiracy. Now what? Do you keep stocking your bunker with guns, canned goods, and homemade jerky? Or, sleep until noon on mom’s couch, then rail online against your oppressors – in your underwear? Instead you can focus on the incredible list of things you can control. In fact, the only time better and more empowering than today is tomorrow. The real revolution already started, but an entire generation of young and able-bodied Americans is about to miss it. Here is their recipe for The Great Unrigging – and to never accepting excuses again.
This is a repost of Steve Faktor’s original Forbes article

I’ll be first to admit that I’m a reforming “innovation” trollop. I’ve thrown the word around too lightly, at any old sailor. I need a hot shower and a Brillo pad… What’s so bad about “innovation”? It doesn’t mean much…and maybe never did. Today, we use it to describe an iPhone newsreader app and the reinvention of space travel by SpaceX. That’s more range than Meryl Streep. My business is about creating great products and services, so I look for great tech partners. Some are startups led by brilliant entrepreneurs, bursting with optimism and 5-Hour Energy. As they describe their app, game, or web service, their words scream Johnny Depp, but the reality is a bit more Judah Friedlander. No shame in that, but I sometimes wonder how we could get these brilliant minds to work on meatier problems. My concern isn’t for them, but for us. The US needs jobs and as I wrote in Econovation, the big numbers still come from physical, capital-intensive businesses. Here are three ways we can help make brilliant minds deliver bigger results.
As a kid growing up in Brooklyn, my parents were completely consumed with the idea of “safety”. Judging by the elbow and knee pads they made me wear to play basketball, I was convinced that I was in constant danger. Was my school safe? Would I be kidnapped if I exposed my Spider-man wallet in public for more than a second? As an adult, I realized that a neighborhood is just a platform – a foundation on which you build your life – or your business. As our economy shifted from building Model T’s to KFC’s, businesses took America’s stable platform for granted. From Korean grocers in The Bronx to Best Buys in Compton, even our most daring businesses can rely on (mostly) safe streets, good transportation to bring in customers, and phone lines to process payments and inevitably, dial 911. Even the most dire circumstances rarely threaten the existence of the business itself. Not so in the digital world. There, the platform isn’t public; it’s owned by a private business with shifting motives, profit pressures, and other nefarious powers only a venture capitalist and his mother could love. In mobile, many entrepreneurs rely on a stack of two or three platforms locked in an eternal, high stakes dance battle, like West Side Story with iPhones instead of knives. Having worked with lots of start-ups, this post will help entrepreneurs understand platform risk, help them manage through it, and explain why angry birds don’t have Facebook pages.
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I recently read a scathing review of several new services offering free or nearly free phone calls over the internet. Assuming you get past the fact that this mystery has already been solved, the mere existence of these services raises a few confounding questions:
- Why would anyone design such bufoonish, overly technical services?
- What kind of uber-geeky cheapskates are they targeting? Who in their right mind would take that many steps to make a phone call? We live in a world of free off-peak mobile minutes, Skype, and $24 per month unlimited VOIP service.
- Finally, after sitting through the ponderous description of how these services work, what venture capitalist would have funded these unintuitive, consumer repellent services?


