Business Lessons

Question 1

Innovation 1

Answer 1

“With first principles you boil things down to their most fundamental truths, then you reason up from there.” -Elon Musk

Question 2

Innovation 2

Answer 2

“Making the simple complicated is commonplace; making the complicated simple, awesomely simple, that’s creativity.” - Charles Mingus

Question 3

Experimentation 1

Answer 3

“The amount of useful inventions you do is directly proportional to the number of experiments you can run.” - Jeff Bezos

Question 4

Experimentation 2

Answer 4

“Growth is a process of trial and error: experimentation.” - Benjamin Franklin

Question 5

Re-framing 1

Answer 5

“Outcomes are usually not deterministic, they’re probabilistic.” - Elon Musk

Question 6

Re-framing 2

Answer 6

“If you can’t win, change the rules.” -Peter Diamandis

Question 7

Business Model 1

Answer 7

“When you have something that you know is true, even over the long term, you can afford to put a lot of energy into it.” - Jeff Bezos

Question 8

Business Model 2

Answer 8

“If you can’t measure it, you can’t improve it.” - Lord Kelvin

Question 9

Recruiting 1

Answer 9

“No matter who you are most of the smartest people work for someone else.” - Peter Diamandis

Question 10

Recruiting 2

Answer 10

“The secret to successful hiring is this: look for the people who want to change the world.” - Marc Benioff

Question 11

Productivity 1

Answer 11

“When faced without a challenge make one!” - Peter Diamandis

Question 12

Productivity 2

Answer 12

“Work will expand to fill the time available for it completion.” - Parkinson’s Law

Question 13

Business Lessons

Answer 13

Innovation
Experimentation
Re-framing
Business Models
Recruiting
Productivity