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Books > The Personal MBA by Josh Kaufman - Quotations > Flashcards

The Personal MBA by Josh Kaufman - Quotations Flashcards

1
Q

Clear language engenders ___. And ___ is the most important ___.

A

clear thought

clear thought

benefit of education

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2
Q

Life’s tough, ___.

A

It’s tougher if you are stupid

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3
Q

As to methods, there may be a million and then some, but ___.

A

principles are few

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4
Q

The man who grasps principles can ___.

A

Successfully select his own methods

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5
Q

People always overstimate how ___.

A

complex business is

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6
Q

This isn’t rocket science - we’ve chosen ___.

A

One of the world’s most simple professions.

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7
Q

Knowing what is critically important in every business ___.

A

is the first step in making good business decisions

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8
Q

the limits of my language ___

A

are the limits of my world

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9
Q

mastering fundamentals…

A

can take you surprisingly far

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10
Q

uncertainty is an… but…

A

is an ever-present but manageable part of business

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11
Q

risks…

A

can be minimized

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12
Q

a written plan is secondary to …

A

understanding the critical functions of your business

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13
Q

self-eduation…

A

is the only kind of education there is

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14
Q

you are always…

A

self-taught

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15
Q

My minor obsession is… and that is yin/yang couplet of …

A

business

management/investing

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16
Q

searching for one more tidbit that would help me…

A

better understand how the business world worked and how to work it

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17
Q

knowledge broken down is…

A

know edge or know ledge

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18
Q

if there is one thing I am good at…

A

taking huge amounts of information and distilling it down to the essentials

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19
Q

distill

A

purify (a liquid) by vaporizing it, then condensing it by cooling the vapor and collecting the resulting liquid

extract the essential meaning or most important aspects of

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20
Q

I think it’s undeniably true that the human brain works in …

The trick is to have your brain … because it understands … the ones that do the most work

A

models

work better than the other person’s brain

the most fundamental models

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21
Q

Charlie can analyze and evaluate any kind of deal faster and more accurately than any man alive. He sees…

A

any valid weaknesses in 60 seconds

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22
Q

what you need is a …

A

latticework of mental models

23
Q

Every business fundamentally relies on two factors: …

A

people and systems

24
Q

The very substance of the ambitious is…

A

merely the shadow of a dream

25
Q

who goeth a borrowing…

A

goeth a sorrowing… a fool and his money are soon parted

26
Q

any technique, however worthy and desireable, …

A

becomes a disease when the mind is obsessed with it

27
Q

who is Frederick Winslow Taylor?

A

the pioneer of scientific management

28
Q

beware of geeks …

A

bearing formulas

29
Q

article: Wired”recipe for disaster: the forumal tha tkile wall street

A
30
Q

many businesses have de-emphasized value creation and operation in favor of …

A

finance and quantitative analysis

31
Q

when financial wizadry and short-term returns trump …

A

prudence and long-term value creation, customer and employees suffer

32
Q

Institutions will try to preserve the …

A

problem to which they are the solution

33
Q

speed, flexibility, and ingenuity are…

A

the qualities that successful businesses rely on today

34
Q

If you are good enough to get in, ..

A

you obviously have enough talent to do well regardless

35
Q

you can have anything you want …

A

as long as you are willing to pay the price

36
Q

the quickest and easist way to screw up your life is

A

to take on too much debt

37
Q

business is about the… and… to… - management and leadership are a…

A

profitable creation and delivery of valuable offers to paying customers -

management and leadership are a simple means to this end

38
Q

all truly wise thoughts have been thought already….

A

a thousands of times

39
Q

but to make them truly ours, we must think them… until they…

A

over again honestly, until they take root in our personal experience

(re: all great thoughts)

40
Q

there nothing …

A

more valuable than an unmet need that is becoming fixable

41
Q

if you find something broken that you can fix for a lot of people…

A

you have found a goldmine

42
Q

Make something people want… there’s nothing more valuable than …

A

an unmet need that is just becoming fixable

43
Q

Business is a …. , everything else is just a hobby

A

repeatable process that makes money

44
Q

Don’t go around saying the world…

The world….

A

owes you a living

owes you nothing, it was here first

45
Q

Clayton’s ERG theory

A

Existence, Relationship, and Growth in that order

46
Q

Sof often people are working hard at …

Working on the … is probably more important than…

A

the wrong thing

right thing

working hard

47
Q

setting up the …

requires…

A

systems

persistence and dedication

48
Q

finding that market is mostly a matter of …

A

persistence and active exploration

49
Q

the trick is to find an active …

that…

A

market

interests you

50
Q

pay very close attention to…

A

the things you keep coming back to

51
Q

Building or finishing anything is…

A

mostly a matter of starting over and over again

52
Q

p48

A
53
Q
A

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