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Book ~ How Will You Measure Your Life?

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Just finished reading this book – Highly recommended – 4.5/5 (my rating)

Few notes from the book:

As a start up, you first need to work on finding a profit model because almost all companies had the change their original plan/strategy almost 93% of those; so unless you decide on the correct strategy focus on the profit;

Once you have a sustaining strategy, focus on growth not on profit; this is when even if you have to spent tons of money, its worth it – coz you have the right strategy.

Everything good that is achieved is by careful and deliberate planning and thoughtfulness. Nothing is by coincidence. You need to work to make a culture, be it at work or family, you need to define it and work around to make it work. Never leave anything to chance.

Saying “just this one” – in almost anything, breaking from your discipline, your dogma – is never a one time thing. The marginal thinking will persist and we will easily lose our way. It is easier to hold your belief 100% of the time  than to hold it for 98% of the time

Decide what you stand for and  and then stand for it all the time.

Purpose must be deliberately conceived and chosen, and then pursued.

The type of person you want to become- what the purpose of your life is, is too important to leave to chance; it needs to be deliberately conceived, chosen and managed.

One take away – bringing this back to work – how do I measure if the things I am trying to do is working? eg how do i make sure the PO changes we are trying to bring to WWT is working? at least in my products? Always be in look out for metrics – what it is now and where you want to take it to and track the progress all the way.

Written by admin

October 18th, 2015 at 3:34 am

Posted in Books,Living,USA

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Zero to One ~ A great read

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Just completed zero to one by Peter Thiel. Such a great read. Any one working in this fast paced world, working in tech sector with ambitions to put a dent in the universe and more precisely someone with a dream to start a company in future, this is a must read.

One thing that stuck with me is the question he posed – What is something you think is true, but that most people disagree with you on?’

You will have to dive onto yourself to think long and hard to come up with an answer to that.

link on good reads: https://www.goodreads.com/book/show/18050143-zero-to-one?ac=1

There are 7 questions every company that wants to become a lasting monopoly must answer:

  1. The Engineering Question – Can you create breakthrough technology instead of incremental improvements?
  1. The Timing Question – Is now the right time to start your particular business?
  1. The Monopoly Question – Are you starting with a big share of a small market?
  1. The People Question – Do you have the right team?
  1. The Distribution Question – Do you have a way to not just create but deliver your product?
  1. The Durability Question – Will your market position be defensible 10 and 20 years into the future?
  1. The Secret Question – Have you identified a unique opportunity that others don’t see

more details in here - http://www.getnugget.co/zero-to-one-nuggets-from-peter-thiels-bestselling-book/

 

Written by admin

August 30th, 2015 at 1:14 pm

Posted in Books,Insight,Techie,USA,Work

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