10. Focus on what won’t change in the next 10 years - Deepstash
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10. Focus on what won’t change in the next 10 years

❌Don’t focus on what will change. focus on what won’t change in the next ten years. That’s a great business to be in.

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4. Customer obsession not competitor obsession.

🟡Be afraid of your customer. They always want more. They are always dissatisfied. They will always grow you.

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10 Wise Lessons From the Book ”Invent and Wander”

1. Always Day 1.

Always. Have the same hunger you had when you started your first day towards your dream. 

✅Every day when you wake up, its Day 1. Nothing can beat that.

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54 reads

2. Regret Minimization Framework.

When in doubt, move forward, imagine yourselves at 80 and ask, will I regret not doing this? 

🔴If yes, then do. Else, delete.

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3. Missionary vs Mercenary.

When buying a company or hiring talent, ask, does it have a strong mission.

👉That’s ‘missionary’. Else, its mercenary. 

✅In investing, ‘missionary’ is long term. Mercenary is ‘trading’, always trying to flip.

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41 reads

Can you remember…

- the worst/best decision you’ve ever made?

- the consequences of it?

- all the possible perspective you had?

Go to an upper level of decision making and make you mind to be on auto pilot mode.

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21 reads

8. Focus long-term shareholder value creation. 

Focus on free cash flow.

Cash flow is reality.

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28 reads

9. Allow negative reviews.

🟠Negative reviews may cost you in the short-term but helps customer make better decision, ultimately pays off. The villain needs to be seen.

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30 reads

5. Write your pitch. Story-tell. But never more than 6 pages!

‼️When I pitch, I try to follow this. Like an elevator pitch. Like a story.

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6. One door and Two door decisions

One door decisions – binary outcome, you can’t change them; take all the time. 

Two-door decisions – you can course-correct; don’t take too much time.

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7. Use Intuition. 

✅Listen to your heart.

I listen to my gut. Don’t always listen to the inner critic, the inner Amrish Puri. It is okay.

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CURATED FROM

IDEAS CURATED BY

randhir_singh

To be blissful is a pleasant state of life-energy, which cannot be disturbed by physical, mental, or emotional causes.

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6. Focus on things that are in your control

Do we have a problem? What’s the solution? 

If we don’t have a solution and we cannot change things, then we don’t have a problem. It’s just the status quo and we’ll learn to live with it. 

Stressing out won’t make things better – it will just make you feel miserable and you’re no...

Focus on what you need to discover

To get comfortable with change, shift your focus. Are you focusing on what you know and what is in front of you? Instead, focus on what you still need to discover. 

What we don’t know is far greater than what we do know. Every week we put plans into place t...

What To Focus On

To focus you need to eliminate the distractions, commit to one thing and become great at it.

To know what to focus on, try different things for some time until something comes easily and you can master the core fundamentals of the task. This way you can get a sense of what fits you a...

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