Herbert Lui

1. The classic saying goes, “There [are] only two ways to make money in business: One is to bundle; the other is unbundle.” 2. Before the internet, a compact disc with pre-recorded music used to sell for $16.98, from which the artist might earn around $2.72. 3. After the internet, a Spotify stream pays the…

1. Where Ye used to be just another artist for Apple Music and Spotify, he now gets to keep all the customer data, build direct relationships with customers, and make a lot more money for the content. (This sentence doesn’t count: Years ago, Ryan Leslie did the same thing, keeping his music off platforms.) 2.…

u/Key_Village_1942 posts at Reddit, “Am I the only one that got depressed bc of jeen yuhs”? Always felt like me and ye are really similar souls in different bodies, and seeing how much he had going for him at that age and how I can’t get nothing going on made me think I’m never getting…

This is the tendency to perceive a connection or meaningful pattern between unrelated things (such as objects or ideas). I’d suspect there was often a subconscious—or conscious—motivated reason tied to it.  Apophenia is often used in a psychological or sociological context (e.g., conspiracy theories, etc.), but we all experience some version of it in our…

At Shopify, leaders need to re-qualify for their leadership team each year: “Now, obviously, the flip side of that is in order to do that every single person, particularly on the leadership team, has to requalify for their job every single year. And that is difficult in year one and year two, it becomes incredibly…

I am obsessed with the creative process, particularly with early work. One of the earliest projects I did was a self-funded one with friends to talk to recording artists about their early work. And even more recently, I wrote a book about the topic.  I’ll explain why all of that in another post, but really…

People don’t buy what you think they want, they buy what you want. When David Chang started Momofuku’s Noodle Bar, it nearly fell apart because he let himself get pulled in “every direction but the most important one.” The food. He held back on the direction of the food, trying to meet what the market…