The ideas which drive success codified into continually developed lists
Design
The Three Alternatives
In engineering design, the first solution proposed is never immediately acted upon. Instead, as many solutions as possible are proposed to solve the problem. The goal is not to disqualify solutions; it is to propose several viable ones.
Minimum Viable Product
Often we find ourselves over-extended, unable to find enough focus to effectively execute on a design. The principle of minimum viable product reminds us to move from narrow success to narrow success when building out complex systems.
Occam’s Razor
Simply put, Occam’s Razor tells us that the simplest solution is the correct solution. In a world where technology appears complex, and business value is driven by scalability; it becomes necessary to focus on producing simple and easy to use solutions.
Milestones
Small continuous success leads to large continuous success. Focusing on incremental gains will help bring an idea from your head to reality while maintaining motivation for the long haul.
Investment
Play The Long Game
Invest like you started the businesses you’re purchasing. Embodying this mindset will allow you to reduce your fear of missing out while finding opportunity in market cycles instead of going bust.
Due Diligence
Over long periods, markets are anything but random. They are an example of natural selection as profitable businesses with strong moats in large markets rise over the long-term. In times where investments lack logic, remember core fundamentals are the closest to fact an investor can reach.