Mogic considers

Before you know it, Mogic

Interns who have just joined the company say the same thing, strangely enough.

I've been taught so much that I haven't been able to get much done."
"I feel a little more useful today."
I don't know your name from your face. I will remember.

After a month or two, you can use the daily reporting tool.

Identify information you don't need from the other person's point of view.
Create materials that are easy to read, readable, and not boring.
Get lots of experience and think for yourself.
Keep the rhythm of your writing.
"Be able to discuss things with high resolution."

After another year of writing, he began to write

I didn't think I could eat dumplings again.
"I was lucky enough to eat a doughnut today."
"It was fun helping with the display."

He laughs.

I haven't had a chance to train interns directly recently and haven't been able to get involved much, but I'm impressed that when you are trained by a team, you somehow become more like a Mogic person.

Leverage to Reduce Power

In business, we often hear the term leverage.

Leverage = the principle of leverage, which is mainly used in the sense of a mechanism in which a small force moves a large object.

However, there are about three actual principles of leverage, the familiar ones are as follows.

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Teko (leverage)
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Type 1 lever
If the force point is on the right, the order is "action point, fulcrum, force point" from left to right.

This is a typical type of trowel, which has been used to move huge stones and other objects since ancient times.

Tools that use this type of leverage to move large objects with small force include nail pullers, Western scissors, can openers, and radio pliers.

A mechanism for moving small objects fast and large is trebuchet.

A falling weight enables a stone projectile to be thrown at high speed, but the weight must be several to several dozen times heavier than the stone projectile.

Type 2 lever
This is the case where the action point is placed in the center and the force point and fulcrum are on the outside. If the force point is placed on the left side, the order is "force point, action point, fulcrum" from the left.

Tools used with great force using this method include bottle openers, nutcrackers, crab crackers, hole punches, and empty can crushers.

Type 3 lever
If the left side is the point of action, the order is "point of action, point of force, fulcrum" from left to right.

A small motion applied at the force point becomes a large motion at the point of action.

In return, this type of leverage transmits a force less than the force applied.

Tools using this type of leverage include tweezers, tongs, handheld staplers, chopsticks, and Japanese scissors.

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The third interesting point is that tweezers and chopsticks are indeed useful tools, even though they provide only a smaller force than the force applied.

In other words, the principle of leverage is not just about making it bigger, but it is used to exert power locally by concentrating it, even if it is weaker in some cases.

Create an autonomous system that successfully narrows down useful information from the endless stream of information being generated one after another.

Although it may seem paradoxical (from the perspective of the degree of information disorder = entropy), this is also a great and invisible leverage.

Antenna like a fish bone

A psychologist friend of mine once taught me about the process of "learning.

... says

In the case of child-rearing, it is not enough for parents to give their children a lot of information.

It often doesn't make sense to tell them that this is good information and that they will fail if they don't do that.

They can do it when they say it, but not in similar situations, or they don't remember it in the first place.

I will often say, "I told you before, why do you keep making the same mistakes, think about it a little.

Why do you think?

That's because the child's mind has not developed antennas that can catch that information well.

If you have antennas like fish bones in your head, just by looking and listening, information will be caught on and become blood and flesh.

That way, before you know it, you naturally end up with a fine fish.

But if you don't have antennas, all information just flows from right to left.

Even if you can imitate it well on the spot, you can't apply it because it's not gut-feeling (visually, it's not visceral)."

Then, I continued.

If so, how can you create an antenna in your head?"

again referring to

If you have antennas, you know the basic skeleton information.

It is easier to become an antenna when you have some base knowledge and also know the big picture.

If you have knowledge of the sewerage system, you may become interested in manholes while walking around.

However, this basic information is easier said than done,

It's actually hard to get into my head.

The point is that the information has to be conveyed before the antennae are created, and that basic information inevitably looks boring.

So, we will need to be creative there.

If possible, it is better to let them have various real-life experiences so that they will remember them without knowing it, or to talk about them loosely and gradually little by little every day.

That is one aspect of why people say that conversation at home is important.

So is the interest in new things from friendships.

The more antennas you have, the more information you capture, and this is seen as an attitude of curiosity.

I thought to myself, "Well, that makes sense," and so I "stopped teaching" even more.

Instead, he said, it's better to keep a wide range of unimportant stories about this and that.

It is for the same reason that I keep non-business-like books in my office.

Building a broad and shallow base of wisdom may or may not someday be competitive.

At Mogic, we are working on this over a long span of 10 to 20 years.

Plentifulness diverts funds.

When making an investment in a company, one sometimes wonders when this will be recovered as funds.

Of course, for the sake of convenience in explaining to someone or in compiling documents, the timing of collection and the rate of return are determined for convenience, but in reality, it is not always clear.

If you somehow anticipate business growth and purchase an additional 10 or so servers, there are too many other factors to determine where you really want to return them.

Let me quote from a text that explained this through interest rates.

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The Story of the Interest Rate "Price of Time
Edward Chancellor (Author), Takeshi Matsumoto (Translator)
h ttps:// bookplus.nikkei.com/atcl/catalog/24/02/21/01275/

Interest - the time value of money - is at the heart of valuation.

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The act of investing - for example, building new factories, machinery, and other infrastructure - requires investors to forego consumption at this time.

As a result, it takes time for profits to accrue.

In theory, investments should only be made if the rate of return is at least commensurate with the investor's time selection.

John Ray says that a society's decision to invest capital depends on "the length of time over which most of the members of that society are willing to give up a good at the present time if that good will double in value after a certain period of time has expired."

omission (of middle part of a text)

As interest rates fall, companies will tend to invest in projects that are more profitable farther down the road - in Hayek's terminology, the "production structure" is diverted.

When interest rates are kept below natural levels, misguided investments occur.

Too much time is spent in production, or to put it another way, the return on investment does not justify the initial expenditure.

To use a term made famous thanks to an Austrian economist, "malinvestment" takes many forms and appears on many scales.

For example, costly "useless projects" such as the construction of undersea tunnels, and picture-perfect technology plans that are not expected to generate a decent profit.
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The act of investing when you have as much money on hand (very occasionally) as you can raise at low interest rates (very occasionally) raises the fear in my mind that the act of investing when you have an abundance of cash on hand (very occasionally) may unknowingly lead to a similar process.

In other words, the more you feel you have plenty of cash on hand (whether you really have it or not), the more you are setting yourself up to fall into the trap of spending too much on the production structure and not getting it back at all in the time you are looking for.

To derive from the rough analogy from macro to micro, I still feel that the lack of understanding when investing is something that cannot be wiped away forever.