One can only cut expenses down to zero, while there is no cap on growing revenues. This post suggests that you can take advantage of that dynamic by positioning your product as a growth driver, even when it’s mechanism really […]
How should a founder process this sort of feedback? Neither by flatly dismissing it, nor by giving up because of it, but by doing the homework to understand why this time is different. “Each generation of founders comes back to […]
The ability to quickly abandon previous beliefs. Mostly our brains try to resist information that’s contrary to beliefs. Click thru for a nice Albert Einstein anecdote. ~ learn more
“The reason that supply chain issues were so bad is that leveraged organizations needed to figure out how to extract every penny from their cash flow, and having less inventory on hand seemed like a smart way to eke out […]
“I believe almost all first-time founders burn out their first employees as they learn how to manage groups of people. If this advice helps avoid a few cases, it’s worth writing it down. I wrote this article for managers of […]
McKinley Valentine writes The Whippet, one of my absolute favorite newsletters (legit, it’s better than mine. luckily she sends on Wednesdays biweekly so I don’t have to compete with her Sunday mornings). She was a guest on this podcast where the […]
This is an economic working paper looking at the question. The author segments transparency into horizontal (across peers) and veritcal (across levels) and finds the outcomes differ. Horizontal transparency makes employers bargain harder, while vertical transparency can lead to more […]
“The reason I hate OKRs is that they are often the wrong answer for startups. OKRs are just a form of a goal — they make the goal specific and measurable and all the other things a goal should be. […]
What happens when a simple system tries to regulate a complex system. ~ learn more
“The prevailing view is that people adopt false beliefs because they’re too stupid or ignorant to grasp the truth. This may be true in some cases, but just as often the opposite is true: many delusions prey not on dim […]