Upside vs. Downside

Think about the next plan you have, at work, in business, at school, even personally, and analyze it as upside opportunity vs. downside risk. Downside risk asks “What’s the WORST that can happen?” If your action failed completely, what’s the most you would lose? How much time, money, respect, etc. would you give up? Upside […]

The iterative Loop unrolled

Let’s break down the Loop a bit more and flesh out some details. Before starting, you’ll want to establish some long-term goals. Answer the question “What would my life/business/career look like if everything was going the way I wanted it to?” Often a way to do this would be to envision a typical day for […]

Loopiness

A major tool of the entrepreneur mindset is approaching your life, your education, your career, and your business as a series of loops Not the treadmillish, Sisyphan, “Groundhog Day” self-repeating kind of loop, but a style of iteration that allows you to explore opportunities, solve problems, and tackle big goals in a manner that reduces […]