Writing for 18 years at: https://longform.asmartbear.com
So you might think it makes sense to target mid (big N) but not large (small N and difficult).
That might still be wrong though:
So you might think it makes sense to target mid (big N) but not large (small N and difficult).
That might still be wrong though:
“What’s the lifestyle of a bootstrapper?”
“Working 80 hrs/week; tired but truly living.”
“A VC-funded founder?”
“Optimistically changing the world.”
“A solo CPA?”
“Good money, fun on weekends.”
“So, which one is a ‘lifestyle business?’”
And the student was enlightened.
“What’s the lifestyle of a bootstrapper?”
“Working 80 hrs/week; tired but truly living.”
“A VC-funded founder?”
“Optimistically changing the world.”
“A solo CPA?”
“Good money, fun on weekends.”
“So, which one is a ‘lifestyle business?’”
And the student was enlightened.
A striking example that a model can be completely wrong about 'why' yet still yield accurate predictions.
What about the models we use in business?
A striking example that a model can be completely wrong about 'why' yet still yield accurate predictions.
What about the models we use in business?
Is it muddled thinking? Or a lack of decision-making.
Saying what's important means deciding against so much more.
Which is yet another reason why it’s useful to do it.
Is it muddled thinking? Or a lack of decision-making.
Saying what's important means deciding against so much more.
Which is yet another reason why it’s useful to do it.
Or culture, if not repetition of specific values?
Yes, repeat yourself beyond reason.
Or culture, if not repetition of specific values?
Yes, repeat yourself beyond reason.
What are your 100/70/0 things?
What are your 100/70/0 things?
If you agree, you have part of what it takes to be successful.
But when you aim that obsessive gun at 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨, you don’t have enough time and attention for the most important things.
How I navigate:
If you agree, you have part of what it takes to be successful.
But when you aim that obsessive gun at 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨, you don’t have enough time and attention for the most important things.
How I navigate:
You internalize it.
You tweak its meaning to match your philosophy and experience.
You put your own style on it.
You repeat a good idea, which it deserves.
Lesson for social media and newsletters.
You internalize it.
You tweak its meaning to match your philosophy and experience.
You put your own style on it.
You repeat a good idea, which it deserves.
Lesson for social media and newsletters.
What if you keep going and never get anywhere, but had you stopped, you would have found a breakthrough?
Both will always be true.
(1/2)
What if you keep going and never get anywhere, but had you stopped, you would have found a breakthrough?
Both will always be true.
(1/2)
Good. Not-weird is boring.
Good. Not-weird is boring.
So we don’t think it’s impressive, special, or interesting.
But it is the fact that it’s so easy for us that makes them superpowers.
So we don’t think it’s impressive, special, or interesting.
But it is the fact that it’s so easy for us that makes them superpowers.
Most of the time it's a flop; a huge waste of time, and hurts morale.
Even in the best case, you still have to earn customers systematically for the next 3 years.
Just work on THAT.
Most of the time it's a flop; a huge waste of time, and hurts morale.
Even in the best case, you still have to earn customers systematically for the next 3 years.
Just work on THAT.
Telling your customers they’re getting a steal?
Reassuring them they're investing in quality?
Accessible? Trusted? Scaled? Personal?
Pricing is positioning:
Telling your customers they’re getting a steal?
Reassuring them they're investing in quality?
Accessible? Trusted? Scaled? Personal?
Pricing is positioning:
Almost none accomplish either.
These are some of the reasons, and some things to do about it:
Almost none accomplish either.
These are some of the reasons, and some things to do about it:
Most things only have to be "good enough;" speed solves for that.
For the things that are wrong, "speed" causes you to find that out sooner, and fix it sooner.
Most things only have to be "good enough;" speed solves for that.
For the things that are wrong, "speed" causes you to find that out sooner, and fix it sooner.
But also, now they actually have something to lose.
Also, the "success" case has to be larger.
This is due to competence, not incompetence.
But also, now they actually have something to lose.
Also, the "success" case has to be larger.
This is due to competence, not incompetence.
Some say forms-of-government are like that.
Ideally, though, you see this as a signal to "create more ideas" rather than settle on a bad one
Some say forms-of-government are like that.
Ideally, though, you see this as a signal to "create more ideas" rather than settle on a bad one
You will make a sale tomorrow or not based on what you can accomplish today.
How to do path for both:
You will make a sale tomorrow or not based on what you can accomplish today.
How to do path for both:
Edison failed to find the right filament.
Jordan failed to sink the game-winning shot.
Dr Seuss failed to get published.
Einstein failed to get a professorship.
Lincoln failed 8 elections.
Van Gogh failed to sell more than 1 painting.
And the student was enlightened.
Edison failed to find the right filament.
Jordan failed to sink the game-winning shot.
Dr Seuss failed to get published.
Einstein failed to get a professorship.
Lincoln failed 8 elections.
Van Gogh failed to sell more than 1 painting.
And the student was enlightened.
Edison failed to find the right filament.
Jordan failed to sink the game-winning shot.
Dr Seuss failed to get published.
Einstein failed to get a professorship.
Lincoln failed 8 elections.
Van Gogh failed to sell more than 1 painting.
And the student was enlightened.
Edison failed to find the right filament.
Jordan failed to sink the game-winning shot.
Dr Seuss failed to get published.
Einstein failed to get a professorship.
Lincoln failed 8 elections.
Van Gogh failed to sell more than 1 painting.
And the student was enlightened.
Always a huge red flag.
If they mean it, it’s oblivious ignorance or a failed attempt at declaring how “differentiated” they are.
Or they think they’re getting away with a lie.
Usually it’s the failed attempt.
Don’t be that person.
Always a huge red flag.
If they mean it, it’s oblivious ignorance or a failed attempt at declaring how “differentiated” they are.
Or they think they’re getting away with a lie.
Usually it’s the failed attempt.
Don’t be that person.
“Our product is better than Z!”
“But is it great?”
“Our customers say it’s better than Z.”
“But is it great?”
“We have positive reviews on a website.”
“To which strangers have you delegated the judgement of whether it is great?”
And the student was enlightened.
“Our product is better than Z!”
“But is it great?”
“Our customers say it’s better than Z.”
“But is it great?”
“We have positive reviews on a website.”
“To which strangers have you delegated the judgement of whether it is great?”
And the student was enlightened.
No, you’re wasting time.
If the difference was big enough to matter to your business, you’d know already.
The math:
No, you’re wasting time.
If the difference was big enough to matter to your business, you’d know already.
The math:
They are not waiting for you to fail.
They’re not thinking about you at all.
Is that de-motivating?
Or is it liberating.
Of course you have something to prove, but it is to yourself, not to them. 
They are not waiting for you to fail.
They’re not thinking about you at all.
Is that de-motivating?
Or is it liberating.
Of course you have something to prove, but it is to yourself, not to them. 
• 10x -- you’ll never stop maximizing these, even once you’re better than all competitors.
• 1x -- you have this capability.
(1/6)
• 10x -- you’ll never stop maximizing these, even once you’re better than all competitors.
• 1x -- you have this capability.
(1/6)