Naval

There's No Actual Skill Called Business

58 snips
Apr 8, 2019
Discover why traditional business skills are misleading and experience reigns supreme. Learn how doing beats watching as each iteration accelerates your learning. A willingness to face daily challenges can lead to significant victories in the long run. This perspective flips conventional business wisdom on its head, urging a deeper dive into practical, hands-on learning instead of outdated classroom theories.
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INSIGHT

No "Business" Skill

  • There's no real skill called "business"; it's too broad and encompasses many other skills.
  • Focus on foundational skills like psychology, ethics, mathematics, and logic instead of general business knowledge.
ADVICE

Self-Education through Reading

  • Cultivate a love for reading, including "junk food" reading.
  • Focus on self-education and build a strong foundation of knowledge.
INSIGHT

Doing > Watching

  • Doing is faster than watching or reading for learning.
  • Apply knowledge through direct experience, like running a small business.
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