Bullets Before Cannonballs
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A framework for testing and scaling business initiatives through rapid experimentation and focused investment.
Core Philosophy
- Start with actionable insights from anywhere in the world
- Convert insights into "bullets" - minimal viable investments
- Scale successful bullets into "cannonballs" with full investment
- Build recipes around successful initiatives
- Maintain continuous improvement mindset
Fast-Start Testing Approach
- Create minimal viable products quickly
- Test ideas as fast as possible
- Learn what works and doesn't work rapidly
- Focus on speed of innovation
- Projects either work immediately or they don't
Continuous Improvement Strategy
- Target 2% improvement every week
- Embrace power of compounding improvements
- Maintain mindset that current performance "sucks" compared to future potential
- Look back yearly to recognize dramatic improvements
- Build systematic approach to constant enhancement
Team Building Elements
- Focus on building "grit density" over just talent density
- Look for three key qualities:
- Grit
- Smarts
- Bias to action
- Prioritize "doers" who execute quickly
- Value people who learn from failures
- Seek team members who align with fast-fail mentality
Implementation Principles
- Maintain boots on the ground leadership approach
- Get hands dirty to gain insights
- Apply same DNA and approach across different verticals
- Build systematic processes around successful tests
- Scale what works through established recipes
Success Metrics
- Monitor immediate market response
- Track speed of learning and iteration
- Measure compound improvements over time
- Evaluate team execution capability
- Assess scalability of successful initiatives