In this episode of Business Brain, Shannon and Dave discuss problem-solving and efficiency in entrepreneurship, using personal experiences as illustrations. We draw parallels between kayak design and simplifying business processes while highlighting the importance of considering simple solutions like Occam’s Razor. Through anecdotes about seeking expert help and a client overwhelmed by data, we advocate for a bias towards action over analysis paralysis. We also reflect on our podcasting journey, emphasizing practice and iteration over waiting for perfection. We wrap up with a reminder to embrace action and learn from failures as we move forward.
- 00:00:00 Business Brain – The Entrepreneurs’ Podcast #574 for Casual Friday, August 16th, 2024
- August 16th: National Rollercoaster Day
- 00:01:07 Folding Kayak Inventions
- 00:04:13 Finding the right service provider
- “I can fix almost anything”
- 00:10:17 Calculate your opportunity cost
- Joe Benson on Business Brain 573
- It’s easier to hire someone and control their focus than it is to control our own
- 00:13:58 Data Collection vs. Action
- Have a Bias Towards Action
- 00:19:18 BB 574 Outtro
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