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Five Ways To Make Money, Vice Businesses, Fan Fiction And More
My First Million
Value Chain Pyramid
- Labor & Logistics: Base level; involves execution and manual work.
- Optimization: Management level; focuses on incremental improvements and efficiency.
- Performance: Direct value creation through performance-based output (e.g., podcasting).
- Creativity: Generating original ideas, content, or code.
- Judgment: Highest level; making critical decisions based on experience and insight (e.g., investing).
Action Plan:
- Identify your current position within a value chain.
- Assess the potential for value capture at each level.
- Strategically choose which layer to focus on based on your skills and goals.
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