Will software eat the world? Innovators at Chicago's Economist summit say 'yes'
Thursday, March 16, 2017
Tuesday, March 14, 2017
When new products are first created, they tend to be simple, and just implement basic functionality.
Then, as the product proves itself in the market, new features are added, and the processes around the product (sales, support, management) grow to handle the new volume of customers.
The product is moving from simple to complex. But, this complexity is fine, because it is adding value.
However, at a certain stage, sooner or later, we let our guard down and we cross over to a third stage: over complexity. Now, much of the newly added complexity is not good, because it is adding minimal or (worse) negative value.
At this point, we need to simplify and clean up.
Lesson: We can't go straight from simple / low-function to simple / high-function. We need to go through the intermediate state of complexity as we innovate and create. The trick is to minimize it and, above all, not to linger in needless complexity.
Friday, March 10, 2017
1. People say "Life is Short". Wrong! Life is long. Achievement happens in sudden bursts, so there is plenty of time to succeed and be happy.
2. Quality always beats quantity. It's better to enjoyably write one great paragraph than slog through writing a mediocre article.
3. The cure for procrastination is to "micro" something. Ex: write a micro-article, or do a micro-task.
4. Don't make a To-do list. Make a don't-do list.