Book of the Day: "Rework"
Book: Rework
Author: David Heinemeier Hansson and Jason Fried
Link: https://www.amazon.in/ReWork-Change-Way-Work-Forever/dp/0091929784
Key Takeaways :
Don't need to make a lot of sacrifices to start your own business. You can keep your day job and most of the savings with the right mindset.
New business becomes sustainable if you build it around your true passion or solution to the problem you experienced.
Good business leaders create a vision, articulate the vision, passionately on the vision, and relentlessly drive it to completion.
It's okay to start small. As long as you start.
Choose one product or service to work on and concentrate on the basics, not all the small details and risks they might or might not entail.
In meetings philosophy might work, on the field practicality works.
Be realistic about everything you do: in your presentations, focus on facts and figures; during a meeting, bring up the results, even if they are minor and interim.
When you walk in distinction, even the photocopying machine can't replicate your unique quality.
Don't be quick to fulfill all of your customer services because they will quickly lose interest. Learn when to say no.
The audience's core are loyalists, who will be interested not only in your product or service but anything else you have to say through your communication channel.
The establishment and application of core competencies, sets a platform for a strong competitive advantage.
Use your failure as an opportunity to deepen your customers' trust and strengthen your reputation.
A satisfied customer is the best business strategy of all.