Archive for August 14th, 2012
Business doesn’t like law, law doesn’t like business
It’s true much of the time. Think about it. Ask a business person a legal question and here’s what you’ll hear, “that sounds like something the lawyer should deal with. I don’t have time to think about such small details. I’m a big picture person.”
The lawyer is just the opposite. She responds, “the details can make or break the whole deal. But business, that is just nonsense. It’s just guesswork and unpredictable.”
Because the business person does not like law, that person will inevitably fail to consider all the risks, or think about what’s possible with a little more time, planning and leverage. Especially with game-changing ideas that require more attention.
Because the lawyers don’t like business, that person holds back, relies on a rigid roadmap, follows the existing path and may never understand how big an idea might be if they just embrace ambiguity.
You see these personalities play out all the time in business school and in law school.
On the other hand, what if a person could do both: combine the detail orientation and ability to see risks with the ability to understanding the market, hedge on the good risks and scale their idea.
Just a thought.
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