Mike's Notes

048 Thinking about inversion by MIKE

047 What happened to Nasty Gal? by MIKE

046 Chesterton fences on submarines by MIKE

045 The Harry's Model by MIKE

A few (more) things I learned from http://amzn.to/2evaRPp This episode does not cover disruption theory. Intro: BenSound.com Outro: Topher Mohr

Inspiriation: http://amzn.to/2evaRPp Looking at 4 things in the framework of Amazon. 1/ Christensen's Disruption Theory. 2/ How many Harvard MBAs does it take to screw in a lightbulb? 3/ The roll of luck and skill in Amazon's early days. 4/ Maniacs. Intro: Bensound.com Outro Topher Mohr

Inspiriation: http://amzn.to/2ecUWVU Blog: http://thewaiterspad.com Intro: http://bensound.com Outro: Topher Mohr & Alex Elena

A podcast version of this post: https://medium.com/mikes-notes/advice-from-the-outsiders-3cf9eb9827c7#.ehnyua55z Based on this book: http://amzn.to/2dsO7A5 - 1/ Be different and find truths. 2/ Keep an (inner) scorecard. 3/ Decentralize. 4/ Forecasting well is hard; a high investments (in time) and low return activity. 5 Keep a low overhead. 6/ Think like a croc. - Intro music: BenSound.com Outro music: The Creek, Topher Mohr & Alex Elena

Part of this book: http://amzn.to/2e555b7 Intro by Ben Sound. Outro by K-391

A few ideas from Howard Marks book The Most Important Thing 1/ It's not easy. 2/ Mapping and cycles as models. 3/ Margin for errror. 4/ The future is unknowable. 5/ Live to fight another day. Intro by BenSound.com Outro by Tophor Mohr and Alex Elena.

The first section of my book, 28 Lessons from Startups That Failed, http://amzn.to/1nztynB There were five ways founders made the customer mistake: 1/ There were no customers to begin with. 2/ The customers were part of a bureaucracy 3/ The customers weren't asked to buy 4/ Founders talked to non-customers 5/ The customers were free users

Six things I noted about Instagram's success. 1/ Imitation is a place to start, but not finish. 2/ A lower overhead is a longer survival. 3/ Luck matters. 4/ Win on third down. 5/ Good timing helps a lot. 6/ Everything is a trial by fire. Intro music from K-391, outro from Topher Mohr and Alex Elena. I'm on Twitter, @MikeDariano, On the phone, 559-464-5393, On the web, http://thewaiterspad.com

Stories of pattern recognition and ideas about how to do it better.

Inspiration: http://amzn.to/2bnwdxU In what ways can we take Belichick's football decision making skills and apply them to our own lives? 1/ Red teaming (cutting Bernie Kosar). 2/ Relentlessness (Tom Brady too). 3/ Being a secret finder (fitness, film). 4/ Getting lucky (and knowing it). Here's the blog where I'll be writing more about red teaming, http://thewaiterspad.com. Intro music from BenSound.com, outro by K-391.

Does Bill Simmons make super forecasts? Let's look at his NFL podcast preview and see. We'll look at: 1/ Finding good value and not obvious winners. 2/ Stay away when things are too hard. 3/ Mean reversion when randomness abounds. 4/ SITG. 5/ Invert (always invert!). 6/ What are the full range of outcomes?

Life lessons from (just the early part) of http://amzn.to/2bYAKGb, by Gene Kranz, flight director for the NASA Apollo missions. What does Kranz have to teach us? 1/ you will never be ready 2/ the value of role play 3/ pattern recognition 4/ don’t just do something, sit there. 5/ 10k hours and the support you need

An investigation of things Michael Mauboussin told Barry Ritholtz in their Bloomberg podcast. The big ideas: 1/ Know the pot and the payout. 2/ Incentives matter. 3/ The inside and outside views. 4/ Wonderful storytelling machines. Intro: BenSound.com Outro: K-391 A digital version to read: http://amzn.to/2bvKhpH

From a person who walked the walk and talked the talk. Four ideas from Grove. 1/ Be there to know what’s going on. 2/ Have a Devil’s advocate. 3/ Decentralized command is a powerful tool. 4/ People are involved and people have emotions. Intro: BenSound.com Outro: The Creek by Topher Mohr Inspiration: http://amzn.to/2aRqYnm Notes: https://thewaiterspad.com/2016/08/17/10267/

What does the best American college coach have to teach us? 1/ The value of hustle and the grind. 2/ Want success? Increase the denominator. 3/ You'll need some luck. 4/ Imitate to start. 5/ Focus on your most important things. Intro: BenSound.com Outro: K-391 Inspiration: http://amzn.to/2blaUyu Note: This was more a freestyle, rambling episode. The tighter format will be back.

1/ Scratch your own itch. Laura Brockington just wanted to play soccer. She was motivated and invested. 2/ Easier now than ever. New things will always be hard. Outcomes will always be unclear. But it’s never been easier to try. 3/ Make it easy for someone else to say ‘yes’.In an upcoming episode we’ll dive into one of the best books on this, Getting to Yes. 4/ Surf well. If you know how to surf and are one of the first at the beach, you can ride the waves all day long. Don’t lose that advantage by getting mired in the shallows. Intro: BenSound.com Outro: K-391