Steli Efti gives a candid talk at TED about the common mistakes made by entrepreneurs, such as simply pushing harder and harder when things are not working, and how to replace such self-defeating habits with ones that actually work. I could personally relate to a lot of the examples he gives in the talk.

Steli Efti is a serial entrepreneur who dropped out of high school to start 3 profitable companies in Europe until he sold everything he had and bought a one way ticket to San Francisco 5 years ago. He founded Supercool School, a startup that empowered thousands of schools in over 50 countries to use a free online education platform to spread learning online.

Last year he co-founded SwipeGood, a social good startup that offered people a simple way to round up all their purchases and give small change to their favorite charities.

He’s currently working on a new stealth startup that has been funded by the very same investors as Twitter, Facebook & Google.

Steli’s pursuit of happiness has been guided by a simple principle: Do what seems most challenging next. Move outside your comfort zone. Grow!

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Warren Buffett – The Book that Changed My Life

Some tycoons become rich by coming up with a single idea that they then pursue to the limit. Others rely on building cookie-cutter systems for creating wealth. Buffett falls into the latter category. Many technology and online entrepreneurs fall into the former, “big idea,” category.  In this video Warren talks about the book that set his imagination on fire at an early age and helped him to create the growth system that has made him one of the wealthiest men on the planet. For most of us it’s easier to follow a wealth creation system than it is to come up with a truly original idea.

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Australian mining magnate Gina Rinehart is the world’s richest woman.

I just caught this profile while scanning world news at the BBC.

With an estimated net personal wealth of $A29 billion ($US29.3bn, £18.79bn), Rinehart has in recent years gone from being Australia’s richest woman to Asia’s richest woman to arguably the world’s.

Australian business magazine BRW has named her the world’s wealthiest woman, and Citigroup has also predicted that the 58-year-old businesswoman will soon top the global rich list, with more than $100bn (£64.8bn) of assets to her name.

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