Book Summary
Friday, June 23, 2017
Sunday, July 7, 2013
The Lean Startup by Eric Ries
Validated learning is absolutely essential for startups. Validated learning is defined as a process in which one learns by trying out an initial idea and then measuring it to validate the effect. It's easy to kid yourself about what customers want and it's also easy to learn things which are irrelevant.
Productivity in a start up is not about producing things it is about how much validated learning we're getting for our efforts.
Use experiments to test hypothesis and gain results. Don't use guesswork or focus groups and put a product out there to find out later that your ideas failed.
One of the follies of existing market research is to ask a customer what they want. The problem with this is that many customers don't know what they really want. Creating an experiment proves what they want.
Use experiments to determine which of our efforts are value-creating and which are wasteful.
You can use experiments to get quantitative data on whether something works or a customer wants to sign up. If those experiments fail, you have a great pool of subjects to go get qualitative data from.
Productivity in a start up is not about producing things it is about how much validated learning we're getting for our efforts.
Use experiments to test hypothesis and gain results. Don't use guesswork or focus groups and put a product out there to find out later that your ideas failed.
One of the follies of existing market research is to ask a customer what they want. The problem with this is that many customers don't know what they really want. Creating an experiment proves what they want.
- Break down the experiment into its component parts and test the assumptions.
- Test the value hypothesis, whether a product delivers value to customers once they are using it.
- Test the growth hypothesis, which tests how new customers will discover a product aka how will it spread.
An experiment can be summed up by treating a product / business as an experiment, identify the elements of the plan that are assumptions rather than facts, and figure out ways to test them.
Use experiments to determine which of our efforts are value-creating and which are wasteful.
You can use experiments to get quantitative data on whether something works or a customer wants to sign up. If those experiments fail, you have a great pool of subjects to go get qualitative data from.
Thursday, March 15, 2012
21 Ways To Get The Job You Want By Brian Tracy
- You are responsible for yourself. You are your own corporation and you are responsible for marketing yourself and getting the most for your services.
- Analyze yourself carefully. Get a good understanding of yourself and identify your most marketable skills. What are your skills? What can you do? What kind of contribution can you offer to another company. What do you enjoy doing most? What parts of your work do you do most easily?
- Decide exactly what you want. 1. Describe your ideal job. What would that job be. 2. Look around you in the market place. Ask for advice on job you are interested in. The more specific and clear you are about what you want to do, where you want to do it, and how much you want to learn, the easier it is for somebody to hire you.
- Think about the future. Leaders have the quality of vision. Think about how you would like your life to be in 5 years. How would I make my 5 year vision a reality. Once you develop a clear vision, all you have to do is figure out how.
- Set clear goals for your life. 1. Decide exactly what you want in your career, health, finances, etc. 2. Write it down. 3. Set a deadline for your goal (set sub deadlines if necessary) 4. Make a list of everything you can think of to achieve your goal. 5. Organize your list into a plan. 6. Take action on your plan immediately. 7. Do something every day that moves you toward your goal. Start by writing out list of 10 goals and then choosing the most important one and follow steps from there.
- Understand the job market. What is the supply and demand. What people need and what people want.
- s
- Help someone solve a problem
- Use your time well. Start by making a list of everything you have to do. Use every minute of every day starting first thing in the morning. Get up, get dressed, and start looking good. What is the most valuable use of my time right now? Is what I'm doing right now leading to the job or goal that I want.
- Do your homework. Prospect, presenting, and follow up. Precall research: Find out everything you can about that employer, industry, company before calling.
- Prepare thoroughly in advance. Professionals do pre-plan calling. Review all of the information that you have an develop a series of questions.
- Internet jobs
- Read business magazines and newspapers. Look for changes in management, new services, or new products.
- 3 Cs to getting any job. Contacts, credibility, and competence.
- Write a good resume.
- Informational interview: Interview or screen the employer. Ask hard questions about the company. "Hello, I'm doing some research in this industry. I'm thinking of making a career change into this field and I'm talking to some authorities. I would like to interview for 10 minutes and ask you some specific questions." Ask about the industry, the company, the future. Take careful notes. If they ask if you are looking for a job. "No, not at this time. I'm still in the process of doing research and I'm not far enough along to make a decision." Write a thank you note.
- Prepare thoroughly for the interview. Always be punctual. Dress well for the job interview. Before going into interview, breathe deeply 6 or 7 times. After breathing deeply, visualize yourself as calm, confident, and relaxed. 5. When you meet the interviewer, smile and give a full palm handshake and say how do you do. 6. Interview the interviewer. Ask questions about the company, the industry, and the position that is available.
- Interview like a champion. Employer wants to know what employee can do for them specifically.
- Getting the job. Convince the employer overwhelmingly that you are the right person for the job. Describe what you feel you could do for the employer and the company. Be active direct and straight forward. Tell them, I really want this job.
- Negotiated the best salary. Do your research on what the salary range is for these jobs. Never accept for the salary the first time it comes up. Ask for time and allow yourself 24 hours to think it over. When someone offers a salary, counter with 110% to 130%. Ask for additional benefits and ask what it takes to get more. Put it down on paper.
Mindset by Carol Dweck
Growth Mindset
Benjamin Bloom studied extraordinary achievers:
Concluded that success was based on continued motivation and commitment along with their network of support.
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