Every decision should be made as close to the source capital t truth that exists in reality. The whole point of a business is to delight the customer, he says. "The more that we can tie that feeback loop closer to the person and making real decisions on the front lines, the better chance we have"
Jake Taylor is the CEO of Farnam Street Investments and author of the book ‘The Rebel Allocator’, a book that help readers make better investment and business decisions. You can find Jake on Twitter at https://twitter.com/farnamjake1 and get his book from https://www.amazon.com/Rebel-Allocator-Jacob-Taylor/dp/173268832X Show Notes:
- Iron Law of Economic Survival
- Trade-offs between profit and brand
- Capturing intangible value
- Products as signalling devices
- Journalytic — Getting better at decision making
- Reducing the friction around journalling
- Joseph Campbell's Hero's Journey
- Shortening the brain’s feedback loop
- The Great Reshuffle
- The Thinker and The Prover
- Cheng versus Ch'i
- Plato’s cave analogy for business decision making
- What makes a good decision maker?
Books Mentioned:
- The Rebel Allocator; by Jake Taylor
- The Wealthy Barber; by Dave Chilton
- The Nature of Value; by Nick Gogerty
- The Genius of the Beast; by Howard Bloom
- Happy; by Derren Brown