Thinks 494

Shane Parish: “One of the best ways to improve performance is to change where you start. You don’t need to start at the bottom of the mountain to get to the top. You can learn from the people that came before you. Standing on the shoulders of the people that have done what you want to do changes your starting position. You’ve unconsciously done this all your life. Consider how you learned calculus in school. Isaac Newton climbed the calculus mountain years ago. And while you might never reach the summit, you’re certainly not trying to work out everything for yourself. Learning from his work allows you to start halfway up the mountain.”

FT: “We all know about KISS — Keep It Simple Stupid — a design principle widely used in the US armed forces. But how about what military professionals call BLUF? It stands for Bottom Line Up Front, meaning one should put the most important stuff first in any report or email, as well as what needs to be done about it. That way, the message gets through as quickly and easily as possible.”

WSJ reviews “the Voltage Effect” by John List: “Mr. List starts with five questions to ask yourself before deciding to scale up. First, is your product or idea actually good, or has your research misled you because you wanted to believe something was true when it wasn’t? (Perhaps your test sample doesn’t conform to the general population or you mistook correlation for causality.) Do you know your audience, and can you deliver something people want and are receptive to? Does the product or idea work because of the talent of certain individuals, and can it scale without them? Does it work in small settings but once scaled create externalities or spillovers that undermine success or make things worse? And does the idea, instead of getting cheaper, become more expensive as it scales?”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.