For example, if you have a big engineering team,... - Deepstash

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How to Succeed at Investing

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How to create a diversified portfolio

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Understanding the basics of investing

For example, if you have a big engineering team, with lots of nerdy developers, who love to tinker and come up with new, innovative software, then don’t force them to fix customer service bugs all the time. Let them roam, so your company can focus on its core competencies and thrive on its strengths – or as Drucker said: “Don’t major in the minors.”

Also, leave sinking ships early. Don’t keep dying products afloat. You’ll only dilute your efforts. It really only pays to be the best in the world (The Dip, anyone?) .

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Introverted Extravert

A Year With Peter Drucker - Book Summary

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