Tropical MBA: Entrepreneurship & Founder Lifestyle #783 “It’s easier to 10X than to 2X” + 8 Lessons from CEO Bootcamp
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Nov 28, 2024 Discover why scaling a business tenfold can actually be easier than just doubling it. Dive into transformative insights from a CEO bootcamp in Barcelona, emphasizing the power of structured planning and collaborative growth. Learn about the 'job to be done' framework that redefines customer understanding and unlocks innovation. The importance of simplicity in performance metrics is highlighted, along with actionable takeaways to enhance efficiency. Get ready to think big and embrace persistence for exponential growth!
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Boot Camp Setting
- Dan and Ian attended a CEO boot camp in a haunted villa outside Barcelona.
- The immersive setting forced them to focus on their business, away from daily distractions.
Jobs to Be Done
- Understand the "job to be done" for your product or service.
- Customers buy solutions to their problems, not just features or benefits.
Milkshake Example
- McDonald's discovered the "job to be done" for their milkshakes wasn't satisfying a sweet craving.
- Customers primarily bought them to stay full and occupied during commutes.
