One Step Up #55
This week, we look at learning "How to Think", Portfolio level P/E ratios, the Salesforce Playbook, Deal of the century - the story of Dell + more
The highest human act is to inspire.
- the late, great Nipsey Hussle
Over the last 13 odd months - it’s been an absolute joy putting out this weekly newsletter - but going forward, the frequency is going to reduce (maybe once every 2 weeks). I have some other things I want to focus on for now, which’ll keep me busy - but for anyone wanting to reach out > @mehtajayn.
How to Think: The Skill You’ve Never Been Taught
Multitasking, in short, is not only not thinking, it impairs your ability to think. Thinking means concentrating on one thing long enough to develop an idea about it. Not learning other people’s ideas, or memorizing a body of information, however much those may sometimes be useful. Developing your own ideas. In short, thinking for yourself. You simply cannot do that in bursts of 20 seconds at a time, constantly interrupted by Facebook messages or Twitter tweets, or fiddling with your iPod, or watching something on YouTube.
Portfolio-Level P/E Ratios, Harmonic Means, And The Cauchy-Schwarz Inequality
The Salesforce Playbook & yet another founder paid a $1 salary!
A great article highlighting the principles and strategies used by Marc Benioff & $CRM to become a 100 bagger. My favourite bit:
Give them a service or product they love
Elicit customer insight – and use it! This reinforces the love from active involvement
Provide a platform for customers to share their enthusiasm
Operate locally to build teams that influence others on a community level and act collectively on a global level.
Deal Of The Century: How Michael Dell Turned His Declining PC Business Into A $40 Billion Windfall
FANTASTIC read on how Michael Dell orchestrated the turnaround of Dell Technologies into what has now become a behemoth in the enterprise tech space.
In pictures: the history of disruption
Business War: Dow Chemical Company
A David vs. Goliath story of Crazy Dow.
Till next time.
Remind yourself what you've been through and what you've had the strength to endure.
- Marcus Aurelius