Currently Reading

  • 
			The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It
		The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It
  • 
			Blue Ocean Strategy: How To Create Uncontested Market Space And Make The Competition Irrelevant
		Blue Ocean Strategy: How To Create Uncontested Market Space And Make The Competition Irrelevant
  • 
			The Know-it-All: One Man's Humble Quest to Become the Smartest Person in the World
		The Know-it-All: One Man’s Humble Quest to Become the Smartest Person in the World
  • Data Edition: Behind the Scenes, Strategy, Behavior

    Lots of talk lately about data.

    Behind the Scenes: The credit card industry has changed a lot in the past 25 years. The amount of data that the credit card companies know about you and use to predict the future is astonishing. The psychology of getting late payers to get current based on that data bank is also amazing.

    Strategy: How do we keep track of the right metrics when determining future plans?  Eric Reis says scientific methods can help determine the best ways to dig deeper into the metrics that we collect.  Simple things like using a split A/B test will provide you with more data to make better decisions.  Eric goes into a lot more detail about tests in his article on the FourHourWorkWeek blog.

    Behavior: Google probably collects more data about us than we can imagine.  They are now using this data on their own employees to try to determine who will be the next to leave the company.

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