Cinco Tweeto

🌮 Cinco Tweeto 🌮

The 5 captivating business tweets of the week; suffering the janky twitter feed NOT required! Curated with ❤️ by Dillon Zhang Forrest from Steady.

#1 🌮

This is a little campy, but only because everyone can relate.

#2 🌮

I have a couple takeaways from James Clear's email list growth from 0 to 2mm in 10 years:

• Work on things which compound over time. Your work doesn't have to scale, but it should at least compound.
• Growth is not linear. Of these 10 years, the email list grew 3x once, 2x once, 0.5x three times, and less than 0.5x every other year.
• I'd guess maybe 0.01% of people have a valuable interest that they can work on every day for 10 years. If that's you, count yourself lucky; but then go do it every day for 10 years!

#3 🌮

My favorite on this list is McDonald's, for 3 reasons:

First, I used to be a McDonald's line cook. My manager said I was too much of a potty mouth to be customer facing, so he stowed me in the back of the kitchen. 🤣

Second, their business model is fascinating. To oversimplify, McDonald's is extremely well-executed franchising.

Third, I love their food, LOL. 🍔🍟

#4 🌮

When I was in my 20s, I loved complex and academic conversations about businesses and markets. I now call these conversations "mental masturbation" and they now give me headaches.

Making things more complex and academic than they are, that's a TRAP.

#5 🌮

In my career of managing 30+ people now, the trend is clear: the A-players who had the highest salaries were also the ones who delivered the most value to my businesses.

The B-players never had the biggest salaries, but my employees who hurt my businesses most were always B-players.

I used to be a hater, so I scoffed at the A/B-player thing before; I thought I was smarter than it. But I wasn't, and I always paid dearly for not paying more for the A-players!