People tend to think impressive results must come from impressively complicated means and effort. We underestimate the power of simple ideas and overestimate complications.
From How to Take Smart Notes (literature notes).
See also:
- Elegance is a heuristic guide to truth
- Wealth-creation mechanisms are simple
- Clarity is one number
- When things are intensely themselves
- Compounding is simple but unintuitive
- Building high quality things comes from using the product
Links to this note
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What is product/market fit?
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DNA Can Be Used for Pattern Recognition
In a recent paper, researchers were able to use the properties of DNA self-assembly to classify images. First, they encoded an image into DNA tiles. Then they used self-assembly to generate the shape of a letter that corresponded to an input image. The image classification which was 80% accurate.
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How to Measure the Health of a Startup
Here are the most useful metrics I’ve found for running a startup. These should be measured and reviewed regularly. The metrics that matter most the ones that raise questions and drive useful discussions. Try to avoid difficult to calculate metrics that are hard to build an intuition about (people don’t expect much from simple ideas).
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Business Strategy Is an Explanation of How to Win
Business strategy should concisely answer who the most import customers are, how to attract them, and what the entire company must work towards to win that market.