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Bea · Entrepreneurship & Business

The Personal MBA

by Josh Kaufman

Three key ideas

  1. Business has five functions, and weakness in one can limit the whole operation.
  2. Personal enthusiasm is not enough proof of demand, so listen to intended customers.
  3. Interest does not equal revenue, and pressure does not create sustainable customer value.

The five 2-minute lessons

  1. 1.See the five business functions
  2. 2.Build what people actually want
  3. 3.Attention is not a purchase
  4. 4.Check the economics of delivery
  5. 5.Test one thing at a time

From the comic

Twelve rockets. One completely hidden price.

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