My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Back to Beliefs
Intelligence is defined as rate of learning, not accumulated knowledge
Evidence
Smart people with high learning rates overtake experienced people within 6 months
Implication
Hire for learning ability over current skill set for long-term value
Counter Belief
Experience and domain knowledge are irreplaceable
Example Application
Choose candidate who learns quickly over one with 10 years experience but slow adaptation