When you have no data, you are just another person with an opinion. — W. Edwards Deming
“When you have no data, you’re just another person with an opinion.” — W. Edwards Deming
People pay us to invest, transferring uncertainty’s pain to us and receiving certain hope in return
When tackling a difficult project, you should make your boss or sponsor believe in it even more than you do. Once they …
Costco’s Business Model (2019)
1. Gross margin is kept under 14%, with an average reportedly around 10%. This is achieved through low-margin, high-vol…
How to Launch a Startup With a Small-Scale Product
A small story shared on Twitter:
We started by sourcing from a platform similar to 1688, finding a small workshop that…
Trying to win by dragging others down is extremely stupid
It’s an incredibly foolish notion to believe you can achieve victory by dragging others down instead of elevating yourself.
Expectation Management Means Walking in Others’ Shoes
1. Figure out what you want.
2. Figure out what he wants.
3. Figure out how to use what he wants as a path to getting what you want.
No ambition means no speed; no brains means no distance.
What does it mean when someone is slow, lacks a sense of urgency, and can’t grasp the fact that everything has a time w…
Marriage requires a head full of folly to succeed.
Mind your marriage.
You've got to have unrealistic expectations of each other—in other words, it's a deal where both sides think they're getting the better end of the bargain.
Only then does it work.
So everyone wins. Who wins?
From wedding to divorce, it's simple: it's just the process of shattered expectations. #ReadingNotes