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
Physical observation trumps data analysis for operational problems
Evidence
CEO fixed unprofitable business by sitting and watching rather than analyzing reports
Implication
Leaders should spend more time in the field observing rather than in conference rooms theorizing
Counter Belief
Data-driven decision making is more objective and scalable than anecdotal observation
Example Application
Restaurant owner spending shifts on the floor watching operations rather than just reviewing sales reports