General Business Frameworks

Question 1

Make haste

Answer 1

Slowly

Question 2

The meek and humble

Answer 2

Inherit the earth.

Question 3

Everything comes to him

Answer 3

Who hustles while he waits.

Question 4

The safest way to get what you want is to

Answer 4

Deserve what you want.

Question 5

You don’t need everyone buying your product

Answer 5

You just need 18% buying from you. Find your 18% and alienate the rest.

Question 6

Deliver to the world

Answer 6

What you would buy if you were on the other end.

Question 7

Good artists copy

Answer 7

Great artists steal.

Question 8

If you’re in a room and you don’t know

Answer 8

Who the sucker is, you’re the sucker.

Question 9

The world is not yet

Answer 9

Crazy enough to reward a whole bunch of undeserving people.

Question 10

You have to make

Answer 10

The plane go where you want it to go.

Question 11

If you don’t have it in your head

Answer 11

You will have it in your heel.

Question 12

You are not allowed

Answer 12

To make mistakes

Question 13

Always split test

Answer 13

Very different things

Question 14

The best thing to split test

Answer 14

Is pricing

Question 15

Always search for

Answer 15

Disconfirming evidence

Question 16

You can’t delegate

Answer 16

What you don’t know.

Question 17

If you’re not executing

Answer 17

You need accountability partners. Humans are social.

Question 18

Sell one product

Answer 18

Over and over at ever diminishing costs.

Question 19

Anything worth doing

Answer 19

Is worth doing poorly first.

Question 20

Companies who aren’t thinking about the customer

Answer 20

And focusing on the customers interest are going to get lost in the shuffle. Those who get greedy are going to be left in the dust

Sam Walton

Question 21

Success depends on not merely on how well you do the things you enjoy

Answer 21

But how conscientiously you perform the duties you don’t

John Maxwell

Question 22

Hardwork is the accumulation

Answer 22

Easy things you didn’t do when you should have

John Maxwell

Question 23

Experiment frequently

Answer 23

But not with anything you can’t switch from quickly or that would sink the business.

Sam Walton

Question 24

Proper allocation

Answer 24

Of assets is an investor’s number one job

Charlie Munger

Question 25

Nothing recedes

Answer 25

Like success

Ray A Kroc

Question 26

Achilles Heel

Answer 26

You need to be proficient at things you delegate. You need work on your weaknesses.