My biggest weakness of not being able to read much in early life.... forced me to read a lot in my adulthood....which...I can use it now to share content and spread it with the world....... take the most important books and make content on them
the content of the book becomes your script....not everyone can copy because there are very few people who are interested so deeply in learning that they will spend hours/days/months solving and reading >>>>this is my unfair advantageMonday, 4 November 2024
Sunday, 3 November 2024
My learning from highoutput management
only output matters
manager's output is the output of his team
the only way to create maximum output is by focusing on highest leverage task/activities
Na hona to tay hai
Na hona to tay hai,
No is the default option for everything in the world (inertia is too strong)
agar wo ho gaya tumhare efforts se
then you have created certainty out of this uncertain world
In the long run, people who generate certainty for others are rewarded most.
Wednesday, 16 October 2024
Monday, 14 October 2024
All things are pointing to the same truth.
Naval ravikant -"Be a leveraged worker"
Nandan Nilekani - "mindshare before marketshare"
Sunday, 6 October 2024
self control -> powerlaw -> certainty
Hard work is a commodity - no one cares how hard you work.
People care about the outcome, not the effort.
Always remember that.
Monday, 30 September 2024
Samaajseva - build a platform where rich people can send money to every other person on the platform ..equally- no bias at all - and the person can take it anytime they like for free.
This inspired me... I want every country to be so responsible and take care of their citizens like this....
the money that will be given by rich citizens- will be put in a simple list of top companies of the country.... and let it compound... while showing exact amount owned by each citizens wallet.
Centralised identity will be used to keep the identity record.....
think deeper....this is my philanthropy....
Saturday, 21 September 2024
Thursday, 12 September 2024
Don't worry about money, worry about being right. Money follows people who have a history of being right.
Don't worry about money, worry about being right.
Money follows people who have a history of being right.Tuesday, 10 September 2024
The direction of the hard work is more important than the hard work
The direction of the hard work is more important than the hard work
Tuesday, 20 August 2024
The Goal
The Goal decides the direction,
The direction decides your action,
Your daily action decides where you end up
I think we should have 3 goals
- 1 long-term goal( dream),
- 1 yearly goal(directional accuracy) and
- 1 weekly goal (feedback machine)
One good thing about our hiring process + expense managment
I can give a few categories to every team member in the team so that a lof of their cost will be accommodated by the non-core related work... for eg
Hr guy - 2 category + HR work
finance guy - 2 categories + HR work
Cheif of staff - 2 categories + organising work
etc...
This way, I will not have a lot of cost on the P/L from the very first day.... the person will be generating some personal revenue from the first day they join the company.... over the next 3-4 months I will get to see whether they are a cultural fit or not.
All this jugaad is for a simple reason... we are a bootstrapped company.... we need to create 10x value from each Rupee.
Monday, 19 August 2024
Creating passionate users - kathy sierra
Among the things we use to try to get people flexing brain cells are:
1) We use cliff-hangers, where the learner is drawn into the scenario only to be left hanging without the full answer, to help spur their curiosity into speculating on the solution or result.
2) We use debates/arguments/discussions between two characters (which could be people or even anthropomorphized parts of the system like the compiler vs. the virtual machine) where there isn't always a clear winner. Both sides might make compelling, convincing cases for their personal view, and this kind of forces the learner's brain into evaluating (one of those higher-level thinking tasks on Bloom's taxonomy), weighing the merits of each side, and drawing his own conclusions. Sometimes we have a definite side, but looking at the same scenario from more than one perspective is in an of itself a way to help inspire deeper thought processing of the concepts.
6) We provide "garden path" scenarios, where the learner is led down a road that looks so right, but turns out to be SO wrong. This is based on the theory (Roger Schank has a lot to say about this as well) that we learn a lot more from mistakes and surprises than from things that work as expected. Think about it... what are the things you're most likely to remember when you're working? When things go just as you expect, just as you were told, there's nothing memorable. But when you're humming along and suddenly the thing you expect fails, and you get just the opposite... you get that WTF?? feeling. And that is what you remember. So we try to provide at least a few of those visceral, "I won't make THAT mistake again!" experiences when they happen. (And thanks to the wonderful Java APIs, those doesn't-work-the-way-you'd-think counterintuitive scenarios are plentiful in some of our books : )
the flow state psychologists call optimal experience that game designers know as "make them want to get to the next level by getting the challenge/skill/seduction blend right."
And they now know the agent responsible for my, um, less-than- A college final exam grades: CREB-2. Your brain is constantly doing a balancing act between CREB-1 (enables long-term memory formation) and CREB-2 (prevents it). It's all connected to protein synthesis, needed for encoding memories to long- term storage.
So if you're a teacher, trainer, author, advertiser... and you want to increase recall and retention, you're in for the fight of your life against CREB-2. Why is CREB-2 there? To save your life. Or at least your sanity. You obviously don't want to remember everything.
The big problem, of course, is that you aren't in control of your CREB-2. Your brain is making the decisions about what's important and what isn't
How, then, do you get past someone's CREB-2 (crap filter)? How do you make something memorable? Exploit what the brain is tuned to pay attention to. Exploit what the brain thinks is important.
The rough part is that even when people TRY to tell their brain "this is important, this is important, this is important", the brain says, "no it isn't, no it isn't, no it isn't." So if you're trying to get people to remember something, the sad part is that even when they WANT to remember, it's not guaranteed. You know this, of course, since you've all tried to remember things you read and study, but it just doesn't happen the way you'd like or even need.
So what does the brain remember? There are two main roads to memory--the slow painful one, or the much faster one. The slow painful one is through repetition. Repeated exposure (or what Kandel and others call "trials") eventually works. It's as if your brain says, "this sure doesn't FEEL very important, but he's read this damn paragraph 17 times, so I guess it is..." The quick one is to use the chemistry of emotions. Or as Roger Schank puts it:
"You remember that which you feel."
I'm really blending two things here--getting their attention, and getting them to remember. And they are closely related, because they're tied to triggering things the brain thinks is worth paying attention to. But I'm still mixing them more than is technically correct, because it is certainly possible to get someone's attention without getting them to remember, but for the most part, the distinctions don't matter. All I'm concerned about now is how to make the brain care.
And the key is to evoke feelings. The stronger the feeling, the more likely the brain is to pay attention and record what's happening. If you register a big flatline on the emotional richter scale (as you would during a dry lecture or reading a dull text book), your brain takes that as a perfect sign that "this is SO not life threatening."
That means humor, shock, horror, surprise, delight, joy, sex, thrill, etc. The problem today is that there's already so much of that, especially as advertisers try to break though the noise when the noise level today is already so high. It takes a LOT more to, say, shock someone than it did even ten years ago as people become desensitized. But context matters. In Colorado Springs, CO, I'd be shocked to see a billboard with a naked person on it. But when I worked in Hollywood, I wouldn't even notice the posters, billboards, store displays featuring naked people (often of uncertain gender) selling everything from shoes to software, because they were so common.
The brain is highly tuned for novelty. It spent thousands and thousands of years scanning for the unusual, the moving, the changing, the doesn't-quite-pattern-match. USE THAT. The brain is tuned for sex... (like I had to actually tell you that : )), so USE THAT. I was about to add the requisite (where appropriate of course), but then... using where it is NOT quite appropriate works even better. Again, if you can get away with it. Please don't give me a morality lecture... I'll assume that everyone is using good judgement with respect to children, sexual harrassment, etc. I'm just talking about how the brain works, period.
The brain is tuned for things perceived as scary or threatening. USE THAT. (Although that one is a little riskier, because too much stress leads to the opposite effect). Shock and surprise are great, though. Again, anything you overuse will dimish its effectiveness, so the more variety of brain-triggering techniques the better.
In other blogs, I'll focus in on individual techniques. But of all the approaches to getting past CREB-2, the one that might be the best and easiest in most situations is simply "novelty". In other words, "don't do what is expected in that context." I think that'll probably be my next post...
Note to our authors: expect me, Bert, Eric, and Beth to be grilling you on what you're doing to get past the CREB-2. Even just a little cleverness, something just slightly off-center, something ordinary in one context but a little bizarre in
thiscontext, or anything that elicits even the slightest head tilt or slight smile can be a big improvement in a technical text book, so it doesn't take a lot.
If you're an advertiser/marketer, on the other hand... wow. That's more of a challenge. On the other hand, people are so used to (and tuned out to) bullsh**, that simply being brutally honest (once they stop being cynical that you're just PRETENDING to be honest) is a major out-of-context experience that will work. If everyone finally gets on the Hughtrain, though, that'll only work until it's become the norm. (I doubt that'll ever happen, but the world would be a much better place if it does!).
If you want something to be remembered, CREB-2 is the moat you gotta get past. Shock on.
this is gold!!!!
"Information is surprises. We all expect the world to work out in certain ways, but when it does, we're bored. What makes something worth knowing is organized around the concept of expectation failure."
when someone's expectations are met, they won't talk about it... even if they believe that what they got was awesome! Even if expectations were high, everything is as it should be when they're met.
People talk about things that are surprising, or that really suck.
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I've already talked about ways we try to use this in the books: * Garden paths (things that look like sound approaches, but then blow up at the end). |
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* Counterintuitive examples. * Examples that have a common framework, but often with a weird twist. * Unusual visuals and metaphors. |
Care ONLY about what your users think of themselves as a result of interacting with your creation.
Sunday, 11 August 2024
They will be customer for life - this is the holy grail
Every brand wants to be rank 1
we have made a lot of brands rank 1 in their product cateogries
what if we put our software as the basic necessity for tracking and measuring process/strategy for reaching rank 1
it will be a 6 months ka process.......
within those 6 months the brand will have adopted the delta 4 difference in workflow using our software and it will be impossible for them to go back
+
they will have become rank 1 in at least 2 categories to prove our utility
Saturday, 3 August 2024
Wednesday, 17 July 2024
Thank you Michael
Two things I learned from this presentation
Product Usage should automatically lead to sharing ( natural sharing) {this will be super helpful in building any marketplace)
Investors only invest in FOMO (generate it, however you can)
Sunday, 14 July 2024
retailmate
powerlaw growth service
software for tracking indicators
job portal/board
corroborated boxes
Friday, 12 July 2024
Flow
certainty is what business trades
vuluntary cooperation to exchange value ...theferefore creating certainty for the exchanging entity
retention
sales/distribution
marketing
work on Marketplace type business models only
Thursday, 11 July 2024
I play well under pressure
lets be creative - in the worst of the moment in teh most difficult time ..... i can be super entrepreneurial
Thursday, 27 June 2024
Three core indicators for automating powerlaw business
Return percentage for each team member per month
Product Category rank
Tacos percentage flow (15, 10 ,5)
Models
transactions ( facilitating entities, causing entities)
marketplaces ( causing entities, buyer-seller gravitational force)
return percentage of each interaction/entity
(transaction-causing entities have super high return percentage as a business, because by definition that transaction was not taking place earlier and now it is possible...so more and more people keep joining the bandwagon and keep transacting.... therefore increasing the gravitation force .........which keeps increasing number of transactions ....forms a positive feedback cycle.......for each transaction there will be some small return percentage attributed to the bottom line of the business.... therefore investors of that business should see upwards of 50% of return..... )
I need to refine it even further
... .this is why I prioritise learning over everything else
Wednesday, 26 June 2024
Why Invest in marketplaces ?
1000x in 15 Years with 50% Annual Returns!
Your initial investment does not matter!!!
(the previous line is important for all middle-class children, hence your parents were adamant about your education, they intuitively understood that your education will have a higher than 50% return, in the long run)
If your rate of return is between 50%-100% YOY.
Just sit tight and don't make any foolish decisions.... let the compounding do its magic with time.
This kind of return can only be expected from a marketplace business, where suppliers and customers interact and derive value just from the interaction itself. If one can create such marketplaces monetary gravitational force will be with them.
If I am correct and I chose to only invest/create marketplaces, then I should be a billionaire because of compounding and monetary gravitational force.
When I began my entrepreneurial journey, I had nothing other than my hard work.
I had no understanding of the concept of "direction" in a business.
Had no clue that 12 years later, I would realize that the Direction/type of business chosen would have more consequences on the eventual success of the business rather than hard work.
Hard work is a commodity, everyone does it.
Finding the right direction to put in the hard work is much more difficult to find.
We should have been taught this in school...fuck it!! .... Now I know.
Sunday, 23 June 2024
Saturday, 22 June 2024
Define (Rate of return) for each Individual / interaction / Idea
Basis that you can choose people to keep around or not. Similarly, it can be done for every Idea.... Heck ...it should be done.
We, humans, do it automatically.
We just don't say it in these terms.
But at the core, we are doing it. I am just uncovering the truth and choosing to practice explicitly
Basically, this is how capitalism works..... higher rate of return Ideas are kept and propagated by the whole society
Over time this is how capitalist society keeps improving the efficiency of all humans in it
People may accept it or not but they are part of some small segment of that capitalist society and contributing to the efficiency improvement of some segments of humans.
Over time, highest rate of return creating entity/idea/product is adopted by everyone in that plane/niche/game ( think of smartphones, for simplicity)
refine it further
everything that we are doing is to improve the rate of return in the compounding return formula.
everything that we are doing is to improve the rate of return in the compounding return formula..... principle is fixed, time is controlled by keepin yourself healty - exercise ..... every single interaction or thing we do ..is to improve rate of return ..... everything !!
think about it in depth - refine and write the complete post
Thursday, 20 June 2024
Leading by Example: The Only Way to Make Values Stick
Leadership isn't just about words and pronouncements. It's about actions, about setting the standard and inspiring others to follow. The most effective leaders understand this fundamental truth: lead by example, or your message will fall flat.
Monday, 17 June 2024
Isse karne se kya hoga ?? What will happen ,in terms of sales , if we will let you do this?
"Show Me The Money!" - How Operational Consultants Can Build Trust Through Transparent Performance Metrics
Saturday, 15 June 2024
BABA/LALA Models
Sadguru, sri sri , ramdev model - 20000 feet view
machaao (marketing)
becho (sales)
lat lagao ( retention)
YC/ Chamath palihapatiya / Paul dejoria/ Kumar ujjwal ( learning)
Retention -
sales -
marketing -
The sequence is extremely important ...... LALA/BABA mein zyada antar nahi hota..... just the sequence of operation is reverse
Baba pehle hawa banata hai , fir maal chipkata hai
lala pehle maal chipkata hai , fir dheere dheere hawa banata hai .....
Monday, 10 June 2024
After multiple such requests on Amazon category/brand growth data - We are happy to inform you that we have build a SAAS solution with in-depth category sales analysis for 12000+ Amazon.in categories.
You will get Updated category Sales demand/growth analysis along with following details:
Average Daily Sales for Respective Months (Overall Category)
Brand Wise Demand & Market Share Report
Last 12 Month Average Daily Sales Report (Top 20 Brands)
Last 30 Day Average Daily Sales Report (Top 20 Brands)
Price Distribution Report
High Performing Brands
Product Wise Sales report Report
Powerlawe India certainty - POC
40 customers, 5 lakh each , 100 employees, 1 bh - 3(1lakh) tl - 4(2 lakh) csm
Sunday, 9 June 2024
Saturday, 8 June 2024
Biggest weakness in our business , would turn out to be the biggest strength in the long run
I am sure that the thing we are assuming to be our biggest weakness in our business , would turn out to be the biggest strength in our business in the long run
There are only 400 categories worth playing on amazon.
We can manage these low-hanging fruits/categories with 100 people and do 3-4 crore per month revenue by 31st oct, 2024.
Rest of the indian categories can be on observation mode..... slowly, to be taken by someone else in the team and scale other ,post 400, relevant categories.
After that we can pick country by country to dominate relevant categories in each marketplace by partnering with relevant brands in each category.
Put our software as one of the steps in their SOP and charge for the same....
Friday, 7 June 2024
Amazon D2C Brands/sellers: Delivery times are KILLING your sales 🤯
Think your delivery times don't matter? Wrong! If you're slower than your competitors, you could lose 30% of your sales in that location.
We've helped leading brands like Wakefit, Lifelong, Open Secret, and Farmley conquer their delivery headaches.
Our solution tracks delivery times for all your SKUs across 6 key clusters, and even compares them to your competition.
Want to reclaim those lost sales? Let's chat!
info@powerlaw.in
hashtag#amazon hashtag#ecommerce hashtag#delivery hashtag#logistics hashtag#d2c hashtag#sales hashtag#growth hashtag#competitoranalysis
