implementation

Let us, therefore, try to see exactly what happens when technical improvements and labor-saving machinery are introduced.

However, Dawes observed that the complex statistical algorithm adds little or no value.

Each piece of data provides a small window into a limited aspect of reality. The collection of all of these observations gives us a picture of the whole. But the picture is messy because it is composed of a thousand little pieces, and there’s always measurement noise and missing pieces.

Translation: One company wins big in each category. But most marketers, entrepreneurs, creators, and investors spend their entire careers competing for only 24 percent of the value opportunity of a given category. They’re not the Category King—and they don’t even know it. As a result, they waste time and effort competing over demand instead of

But those who have already developed their thinking through writing can keep the focus on what is interesting for them at the moment and accumulate substantial material just by doing what they most feel like doing. The material will cluster around the questions they returned to most often, so they don’t risk too far of a departure from their

Action isn’t just the effect of motivation; it’s also the cause of it.

Mastery is about knowing precisely how something is done, having an intuition for the underlying principles, and integrating it into one’s existing web of knowledge. One does not become a master of something by simply reading a book, though a good book can open new doors.

They all either came directly from, or were heavily influenced by, the military. Why? Are militaries home to the greatest technical visionaries? The most talented engineers? Perhaps. But more importantly, they’re home to Really Big Problems That Need to Be Solved Right Now.

If history is any guide, companies that keep disruptive technologies bottled up in their labs, working to improve them until they suit mainstream markets, will not be nearly as successful as firms that find markets that embrace the attributes of disruptive technologies as they initially stand.