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Personal MBA - Coggle Diagram

- - - - Share your Facts, Tell Your Story, ask For Other' Paths, Talk Tentatively, Encourage Testing.
- - - - Delegate Non Critical tasks that someone can complete at 80% Of Your Ability.
  - - - Define the States of Being you want to experience and you will have a set of decision criteria you can use to evaluate the results of your actions.
  - - - Next Action - Focus only on the action you need to take next to move toward your goal.
        
        Write Down The Project/Situation > Describe in writing what your intended outcome for this is, what needs to happen for it to be marked "done"? > Write down the next physical step required to move the situation forward > Plug the answers into the system you trust
  - - - Make it a habit to ask yourself good questions.
  - - - Learn Your Patterns, Maximize Peak Cycles, Take a Break, Get Enough Sleep.
    - - Enjoy a hobby for rest & recovery.
    - - Don't be attached to ideas, plans, goals etc.
- - - - Irony of Automation - The More reliable a system is, the more bored the operators will be.
    - - Checklists - Are Externalized SOPs, implementing them allow you to improve quality, automate & delegate the work. Create a checklist for each part of a Business System.
- - - - Small changes to scalable systems produce huge results.
- - - - The Drive to Acquire
        
        Physical Items, Power, Status & Influence.
      - The Drive to Bond
        
        Attraction, Networking, Well Liked etc.
      - The Drive to Defend
        
        Problem Elimination, Safety, Legal Services etc.
      - The Drive to Learn
        
        More knowledge & Competency.
      - The Drive to Feel
        
        Pleasure, Thrill, Something To Look Forward to.
      - If a group or more groups have a need or multiple of these unmet, a market forms.
  - - - Product - Tangiable Thing that can be Scaled.
      - Service - Limited Scalability due to Skill
      - Shared Resource - Gym & AWS, has to have the right number of users as to not diminish the quality & cover the asset costs.
      - Subscription - Predictable Revenue
      - Resale - How Retail Works, buy Wholesale & Sell to Consumers
      - Lease - Revenue > Asset Cost after Wear and Tear & Loss + Repair/Replacement
      - Agency - Find Buyers for Sellers & Collect a Fee
      - Audience Aggregation - Collection the Attention of a certain demographic and selling access to them to third parties.
      - Loan - Check Risks via Underwriting
      - Options - Allow for certain action in a deadline for a price.
        
        It gives you an option to take a certain action.
      - Insurance
        
        Number of Premiums Collected > Fewer Claims the Insurer Pays
      - Capital
        
        Angels, VCs & Stock Ownership
  - - - Convenience & Fidelity
      - Relative Importance Testing
      - Shadow Testing, MVOs, Field Testing.