sâmbătă, 23 aprilie 2016

Seth's Blog : Supply and demand



Supply and demand

Just because you have a supply (a skill, an inventory, a location) that doesn't necessarily mean you are entitled to demand.

The market decides what it wants. You can do your best to influence that choice, but it's never (alas) based on what you happen to already have.

There's a reason that garage sale prices tend to be pretty low.

We could pretty self-involved on supply, forgetting that nothing works without demand.

       

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vineri, 22 aprilie 2016

Seth's Blog : Turning paradoxes into problems



Turning paradoxes into problems

A problem is open to a solution. That what makes it a problem.

A paradox, on the other hand, is gated by boundaries that make a solution impossible.

If you've been working on a situation, chewing on it, throwing everything you've got at it, it might not be a problem at all. You may have invented a paradox, creating so many limits that you'll never get anywhere.

It makes no sense to work on a paradox. Drop it and move on. Even better, figure out which boundaries to remove and turn it into a problem instead.

Two examples: Building a worldwide limo fleet is impossible, a paradox that requires too much money and too much time--by the time you raised enough money and hired enough supervisors, you'd never be able to charge enough to earn it back. But once you ease the boundary of, "if you own a transport service, you must own the cars and hire the drivers," the idea of building a network is merely a problem.

Another more general one: Making significant forward motion without offending anyone or exposing yourself to fear is a paradox. But once you're willing to relax those boundaries, it becomes a problem, one with side effects you're willing to live with...

       

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joi, 21 aprilie 2016

Seth's Blog : Processing feedback



Processing feedback

This is one of the most important untaught skills available to each of us.

Three times in a row, a salesperson is rejected by one prospect after another.

A customer complains to a company that its website is not working with her browser.

An editor rejects the manuscript from a first-time novelist...

What to do?

How do we deal with the troll who enjoys creating uncertainty? Or the person carrying around a bagful of pain that she needs to share? How do we differentiate between constructive, useful insight and the other kind? How do we decide which feedback is actually a clue about how our core audience feels, and which is a distraction, a shortcut on the road to mediocre banality?

If you listen to none of the feedback, you will learn nothing. If you listen to all of it, nothing will happen.

Like all life skills, there's not a glib answer.

But we can definitely ask the questions. And get better at the art of listening (and dismissing). 

The place to start is with two categories. The category of, "I actively seek this sort of feedback out and listen to it and act on it." And the category of, "I'm not interested in hearing that." There is no room for a third category.

       

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