Modern Wisdom

#215 - Josh Kaufman - The Key Principles Of Running Any Business

Aug 31, 2020

01:04:54

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Quick takeaways

Understand the 5 essential parts of business: create value, market, sell, deliver value, manage finances.

Practical experience is more impactful than extensive business degrees for entrepreneurship success.

Continuous learning, experimentation, and adapting are crucial for business success.

Deep dives

Josh Coffman's Insights on Business Principles

Josh Coffman shares valuable insights on business principles, emphasizing that fundamental business knowledge is clear and straightforward. He advocates for understanding the five essential parts of every business - creating value, marketing, sales, value delivery, and finance. Coffman encourages simplicity in communication, highlighting the importance of effective and concise language in conveying ideas.

The Value of a Rolex Watch

03:00

Social Media

02:42

What Are the Fundamental Principles of Every Business?

04:08

Introduction

4min

The Personal Nba - The Tener Anniversary

2min

Do You Need to Spend Five Years at University to Get a Business Degree?

2min

What Do You Learn From Business School?

3min

What Are the Fundamental Principles of Every Business?

4min

Why Do People Overcome Complexity in Business?

3min

The Mark of a Charlatan to Explain a Simple Thing in a Complex Way

5min

The Diseconomies of Scale

5min

What Are the Common Errors?

4min

10.

The Hidden Benefits of Competition

3min

11.

Is Execution the Constant?

2min

12.

How Did You Survive the Fear of Raising the Price?

3min

13.

Ontra Branora - Is This a Quirk of the North of England?

2min

14.

The Value of a Rolex Watch

3min

15.

Social Media

3min

16.

The Person Elements of Business Are What Fascinates Me

6min

17.

Do You Have a Business Background?

4min

18.

The Impostor Arerum

5min

19.

The Personal Mba, the Tenth Anniversary Edition

2min

Josh Kaufman is a skill acquisition expert and an author.

The Personal MBA is one of the best selling business books from the last 10 years and today we revisit the key lessons Josh has uncovered through his research and experience.

Expect to learn why you don't need to go to business school, the 5 things every business needs to be able to do, how your personal development can limit your business development and much more...

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Extra Stuff:

Buy The Personal MBA - https://amzn.to/2D7LXGd

Follow Josh on Twitter - https://twitter.com/joshkaufman

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