Last week we talked about putting ideas out of the misery. But what happens if an idea is still good enough to keep around, but isn't good enough to be the main focus? What you need is a bone saw, not an idea pistol.

Highlights include:

  • Sometimes things are more nuanced than "alive" or "behind the barn"
  • What's the math behind keeping a business at Minimum Viable Momentum (tm) (c)
  • Dispassionate analysis is the key
  • Focusing on one thing will make it more successful, but can be more dangerous
  • Diversifying your businesses means some businesses will be less successful than they could be
  • Doing the math is hard, because "the work" is complicated

Bonus:

Quotes

"If you don't want to do a lot of work then working for yourself is not for you"

-Brett

Links

TPS Reports

CFOAndrew

XKCD Networking

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