Business Strategy
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(Excerpt from Good Strategy / Bad Strategy by Richard Rumelt) A good strategy may consist of more than the kernel, but if the kernel is absent or misshapen, then there is a serious problem. The kernel of a strategy...
April 7, 2022|
Strategy
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(Excerpt from Good Strategy / Bad Strategy by Richard Rumelt) Bad strategy is long on goals and short on policy or action. It assumes that goals are all you need. It puts forward strategic objectives that are incoherent...
April 7, 2022|
Strategy
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(Excerpt from Notes on Charlie Songhurst by Misha Saul) Boring and Complex Boring + Complex = low psychological appeal –> low competition –> high potential returns. Boring and Complex might also be...
February 8, 2022|
Matrix
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I very frequently get the question: ‘What’s going to change in the next 10 years?’ And that is a very interesting question; it’s a very common one. I almost never get the question:...
September 19, 2021|
Strategy
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(Excerpt from Rework by Jason Fried) The way to find the epicenter is to ask yourself this question: “If I took this away, would what I’m selling still exist?” A hot dog stand isn’t a hot dog stand without the...
September 19, 2021|
Circle of Competence, Strategy, Via Negativa
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(Excerpt from Price, wants, needs and perils of urgent by Seth Godin) There are four quadrants, and the thing you offer can fit into one of them. Low-priced wants – Because it’s cheap, it might appeal to the...
March 27, 2021|
Matrix, Strategy
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(Excerpt from Your Move by Ramit Sethi) In the upper right-hand corner of the chart, you’ve got the Golden Goose. Ideas that fall under this section make GREAT businesses. That’s because these ideas have the...
August 23, 2020|
Matrix, Strategy
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(Excerpt from Monday Musings 6 Jul 2020 by David Perell) Some observations on the future of education from Tiago Forte: Most online courses until now have been performance-driven, as in “direct response...
July 8, 2020|
Learning, Strategy
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(Excerpt from The Road Less Stupid by Keith Cunningham) What creates opportunity for the small guys (the entrepreneurs of the world) is the inflexibility of the big guys to treat each customer as a king (instead of a...
May 24, 2020|
Strategy
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(Extracted from FckdEx by Scott Galloway) There was a great deal of discussion on whether to sell. I urged the founders, naturally optimistic about the firm’s prospects, to sell. The difference between $1 million and...
December 27, 2019|
Life, Strategy
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