Takeaway #231: Sustainable competitive advantage

i ain’t doing this for a check or fame
this right here is to relieve my pain

Theophilus London ♦ Humdrum Town

Takeaway#231:  What is your sustainable, competitive advantage?  What drives you on a daily basis to go the extra mile and work a little harder?  It can’t be just the money.  It may be that on which you spend the money.  You need to isolate that advantage, now.  It is your weakness and strength.  The reality is you can’t really do it well, unless you know exactly why you are doing it.

 Humdrum Town Video Clip

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Takeaway #136: stay liquid, my friend…

        Whose house? HOV no doubt

 ‘Bout the only rapper still gettin money in the drought

 I moves out in the global

I’m a mogul fifty thousand feet in the air and I’m still on my mobile

Jay-Z   (Jockin Jay-Z ♦ The Blueprint 3)

Takeaway 136: The funds are dry in credit gulch.  Are you liquid? Are you hedged? Can you hear me now or are you still talking on a Motorola Star-Tac telephone with Gordon Gecko?

 

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Early hustling #160

        -“Put the rest in my small pocket I start clockin…”  Jay Z     

-“Six in the morning, police at my door” Ice-T

-“Early, early, Sunday morning….” Eeek-A-Mouse

 Takeaway #160:  It’s  been the same for decades.  We start the Game first thing in the morning while  fat or lazy cats sleep.  That’s when the good stuff is left on the printer. That’s when first news breaks on WSJ and Bloomberg.  That’s when we get the competitive advantage – the jump on the next guy.  If you are an FX trader operating on different time zones, or working the graveyard shift you know the drill.  If you need to switch to a 24-hour Gym to get to work at 4am – do it.  You need to get hustling in the a.m. today…..

 Read about those who do it every day:  here

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Keep it simple + keep the competition lazy @ takeaway #41

        You listen to it, the concept might break you

‘Cause almost anyone can relate to…

Whoever’s out of hand, I’m give him handles

Light ’em up, blow ’em out like candles

Or should I just let him melt?

Then give him a hand so they can see how it felt…

Rakim (of Eric B. & Rakim);   ( I Know You Got Soul ♦ Paid in Full)

  The greatest complement to the conceptually innovative idea, process or product is that in its complexity it is easily consumable by the mass market.  You can have the brightest concepts, but if you cannot make it easy enough for a six year old to understand, how brilliant is the concept?  This is the BPM manager’s mission.  The results of six sigma analysis and market comparisons must be boiled down to an executable plan that can be achieved by all levels of the organization.  Keeping in the mind that the strength depends on that weakest link, the communication must penetrate all skill levels.

 The other BPM gem in this note is recognition of the competition.  Acknowledge and compliment the competition’s strengths.  It makes them lazy and causes them to rest on those laurels.  Praise stalls innovation, and BPM says that leaves you time to arbitrage that competition lag by developing your alternative course and making sure your team can execute this plan.

 BPM TAKEAWAY#41: 

  • GIVE THEM THE ROPE TO HANG THEMSELVES

  • MASTER THE ELEGANCE OF SIMPLICITY

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