Learn how to think, not just what. Business theories can be predictive in your life. Reflect on your life, decide your purpose, and live in accordance.
Knowing the solution to a problem isn't as useful as knowing how to arrive at that solution.
Where possible, don't answer questions directly.
Think of a theory that applies in similar circumstances.
Share the theory and an example of how that theory worked in a different case.
Perhaps write this way too.
Theories are powerful because of their ability to predict.
True motivation is internal.
The opposite of job dissatisfaction isn’t job satisfaction, but rather an absence of job dissatisfaction.
Hygiene factors: status, compensation, job security, work conditions, company policies, and supervisory practices.
Motivation factors: challenging work, recognition, responsibility, and personal growth.
Building the treehouse, not having the treehouse.
Strategy isn't decided once and forgotten, it evolves over time. Iterate your way to success.
What has to prove true for this to work?
What assumptions am I making?
Why do we consider careers to restart upon leaving a company?
Strategy is useless if it isn't created through action. Show me your calendar and expenses.
When there is a gap between what they say and what they're doing, follow what they're doing.
The hot water that softens a carrot will harden an egg.
Theory: good money and bad money
When starting: patient for growth but impatient for profit.
After a viable strategy: impatient for growth and patient for profit.
Planting saplings when you decide you need shade.
What job did you hire that milkshake for?
Products and Services: identify a problem that arises repeatedly in your life.
Retain for yourself the capabilities you will need in the future.
Theory: resources, processes, and priorities,
Give the gift of self-reliance. Don't solve their problem for them.
People will learn when they are ready, not when we're ready to teach.
Recruiting: look for past-tense verbs, not adjectives.
What problems do I need to learn to solve to prepare myself for where I want to be?
Theory: marginal versus full costs.
“If you need a machine and don’t buy it, then you will ultimately find that you have paid for it and don’t have it.” -Henry Ford
100% rule vs 98% rule. "Just this once."
To be seen as successful, or to be successful?
It’s hard to see the costs of not investing.
"That business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure." -Peter F. Drucker
Theory: likeness, commitment, metric.
His metric: the individuals whom he helps, one by one, to become better people.