Lisa Bodell's executive exercise to "Kill your own company" I challenged each of those groups to identify who their number one competitor was. And then I said, "Pretend you're that competition. Pretend you have that hat on. I want you to put yourself out of business." I mean -- the room lit on fire. They were so excited, because I gave them permiss... See more
Simply existing as a coffee shop isn’t enough; the business has to cultivate a parallel existence on the internet, which is a separate skill set entirely. “It almost feels like, you must have a social media acumen, you must be savvy in this area that is adjacent to your business, but not directly embedded in your business, in order to be successful... See more
Incentives are the strongest force in the world. They explain why good people do awful things, why smart people do stupid things, and why ordinary people do amazing things. Nearly everyone underestimates how much their own beliefs and actions are influenced by their incentives, many of which are designed to fulfill someone else’s goals.
No one will care or remember how successful or disastrous your business is, or how hard you worked, or what your MMR was, or how much money you raised. The number one deathbed regret is working too hard and not spending enough time with family and friends. So don’t blow your life away trying to escape it by working on your business. Keep going as l... See more