CHAIRMAN - BITEX IND...ย โขย 1y
๐ DAILY BOOK SUMMARIES ๐ ๐ 20 Lessons From ๐ ๐ฅ Rework ๐ฅ โจ By Seth Godin โจ 1. Core Premise: โข "Rework" challenges traditional business practices and presents a new, minimalist approach to entrepreneurship. The book advocates for simplicity, flexibility, and efficiency over complexity and traditional planning. 2. Start Now, Not Later: โข Stop waiting for the perfect time or conditions to start a business. Start small and take action instead of over-planning. 3. Avoid Business Plans: โข Long, detailed business plans are a waste of time. Things change too quickly for rigid plans to stay relevant. Instead, focus on adapting to real-time circumstances. 4. Workaholism Isnโt Necessary: โข Working longer hours doesnโt equate to more success. Focus on working smarter, not harder, and prioritize work-life balance. 5. Focus on Core Product: โข Build products with simple, clear functions. Avoid unnecessary features and complications. Focus on what your product does best and strip away excess. 6. Embrace Constraints: โข Limitations (like time, money, or resources) can be beneficial as they force creativity and efficiency. Donโt wait until you have everythingโwork within your limits. 7. Meetings are Toxic: โข Meetings often waste time and disrupt productivity. Avoid unnecessary meetings and keep them short and focused when they are required. 8. Launch Sooner: โข Donโt wait for your product to be perfect before launching. Get something out quickly, test it with real customers, and refine based on feedback. 9. Marketing is Not Optional: โข Marketing shouldnโt be an afterthought. Build marketing into the product itself by creating something remarkable that people will want to talk about. 10. Say No to Growth for Growthโs Sake: โข Bigger is not always better. Stay small and lean as long as possible. Growth should be intentional and aligned with your core values. 11. Learn From Small Data: โข Instead of relying on extensive market research, focus on direct feedback from customers and quick tests. Learning from smaller data can be faster and more actionable. 12. Ignore the Competition: โข Focusing on competitors leads to imitation and a reactive approach. Instead, focus on what makes your product and business unique. 13. Profits over Vanity Metrics: โข Chase profits, not metrics like user counts, views, or followers. Focus on building a sustainable business rather than one driven by superficial growth. 14. Be a Curator: โข Donโt overwhelm your customers with too many options or features. Curate your offering to provide only the most valuable aspects, ensuring simplicity and ease of use. 15. Pick a Fight: โข If appropriate, take a strong stance on an issue or challenge the status quo to create a narrative that helps differentiate your business. ๐ Download whole book freely From Comment Section ๐
Entrepreneurย โขย 1y
๐ Effective Time Management for Entrepreneurs ๐ Hey there, fellow entrepreneurs! Let's dive into a topic that's crucial for our success: time management โฐ. We all know running a business can feel like juggling a hundred tasks at once. Here are som
See MoreEntrepreneur | Build...ย โขย 9m
Bit of Comeback Post ๐ฅ Ist time founders focus on Product. 2nd time founders focus on Distribution. 3rd time founders should focus on Retention. This is a learning from my last startup. If your business by nature can not have repeat users, it wil
See MoreHey I am on Medialย โขย 22d
Stop Working on Paperwork, Start Working on Your Business Founder burnout is real. It doesn't come from hard work; it comes from working on the wrong things. Juggling legal documents, chasing funding leads, and navigating compliance can steal focus
See Moreย โขย
SELFย โขย 1y
๐กThe Importance of Knowing Your Startupโs Default Fate Understand Your Default Fate : Startups must know if they are โdefault aliveโ or โdefault deadโ to make informed decisions. Default Alive vs. Default Dead : - Default alive: Reaches profi
See MoreHouse of jewellery b...ย โขย 7m
Jewelry Business Mistakes: 10 Common Digital Marketing Errors & How to Avoid Them In todayโs digital age, jewelry businesses have tremendous opportunities to grow, but common digital marketing mistakes can hold them back. Here are 10 common errors a
See MoreHey I am on Medialย โขย 7m
Unlock the Power of Third-Party Manufacturing for Your Pharmaceutical Business Are you looking to expand your pharmaceutical business without investing heavily in manufacturing infrastructure? Consider partnering with a reliable third-party manufactu
See MoreDownload the medial app to read full posts, comements and news.