The New Experience Curve: To maintain a competitive edge, companies must balance and switch effectively between experience in fulfilling…

When evaluating a new opportunity, ensure it has a positive worst-case scenario, potential for exponential growth, and long-term…

Balloon Effect: Focusing on solving a problem in one area can unintentionally inflate the problem elsewhere. Article: Balloon effect…

7 Powers Framework for business strategy: Counter-Positioning, Cornered Resource, Scale Economies, Network Economies, Switching Costs…

70-20-10 Rule: Spend 70% on your core business, 20% on adjacent or nearby things, and 10% on wild bets. Podcast: Eric Schmidt — Lessons from…

The margin you can charge for a product depends on how much extra social status it gives the user. The gross margin on living room furniture…

Places with no repeat customer behavior are designed to optimize for short-term behavior. That's why scammy businesses are usually found…

“Half the money I spend on advertising is wasted; the trouble is I don't know which half.” - John Wanamaker Quote I always love the quote…

Values are only useful if we can legitimately disagree with them since good values should explicitly indicate the tradeoff. Podcast: Mark…

Mimetic Theory: We desire mainly according to the desire of the other because we don't know what to desire and, therefore, we imitate other…

Writing is thinking. You can write first then derive clear perspectives from your own writing. Podcast: 科技島讀請回答 Michael Chou is the author…

Differentiation is Survival and the Universe Wants You to be Typical Article: Jeff Bezos' 2020 Letter to Shareholders In Jeff Bezos' final…

The Puppy Dog Close: let them take the pup home first and say bring it back if they change their mind. Book: The 4-Hour Workweek In the book…