Margin by Retraice

On Margin, Retraice, Inc., and what we’re working on today.

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Details: intro to Margin; purpose of Margin; unhappy with crap; Margin's value; profit; business commonalities; fast and slow movers; know your customer; paywalls, doors, windows, exteriors; in business, you're not prepared; things start out bad; at Retraice today; if you're a 'kid'; today—QC'ing segments and workflow; things trying to be crap; measures toward better; business is not about ideals; experiencing your business; hypotheses.  ALSO MENTIONED: Amazon, FT (Financial Times), SpaceX, Tesla, The Information, The Social Network (movie), WeWork, WSJ (Wall Street Journal).
Complete notes and video at: https://www.retraice.com/segments/ma1

Air date: Monday, 19th Oct. 2020, 10 : 05 AM Pacific/US.

Chapters:

00:00 intro to Margin;

01:28 purpose of Margin;

04:10 unhappy with crap;

04:48 Margin's value;

09:02 profit;

13:56 business commonalities;

14:50 fast and slow movers;

16:40 know your customer;

18:58 paywalls, doors, windows, exteriors;

21:58 in business, you're not prepared;

23:28 things start out bad;

26:30 at Retraice today;

29:21 if you're a 'kid';

31:36 today—QC'ing segments and workflow;

33:09 things trying to be crap;

34:48 measures toward better;

37:09 business is not about ideals;

37:47 experiencing your business;

38:49 hypotheses.

References: 

Glass, I. (2009). Ira glass on storytelling 2. Youtube. Uploaded 11th Jul. 2009. Date of recording unknown.
https://www.youtube.com/watch?v=dx2cI-2FJRs Retrieved 19th Oct. 2020.

Liker, J. (2004). The Toyota Way: 14 Management Principles from the World’s Greatest Manufacturer. McGraw-Hill. ISBN: 0071392319. Searches:
https://www.amazon.com/s?k=0071392319
https://www.google.com/search?q=isbn+0071392319
https://lccn.loc.gov/2004300007

Martin, R. (2018). Clean Architecture: A Craftsman’s Guide to Software Structure and Design. Prentice Hall. ISBN: 978-0134494166. Searches:
https://www.amazon.com/s?k=978-0134494166
https://www.google.com/search?q=isbn+978-0134494166
https://lccn.loc.gov/2017945537

Norris, D. (2014). The 7 Day Startup: You Don’t Learn Until You Launch. Dan Norris. ISBN: 978-1502472397. Searches:
https://www.amazon.com/s?k=978-1502472397
https://www.google.com/search?q=isbn+978-1502472397

Ries, E. (2011). The Lean Startup. Currency / Crown / Penguin Random House. ISBN: 978-0307887894. Searches:
https://www.amazon.com/s?k=978-0307887894
https://www.google.com/search?q=isbn+978-0307887894
https://lccn.loc.gov/2011012100

Serra, R., & Schoolman, C. F. (1973). Richard Serra “Television Delivers People” (1973). Youtube. Uploaded 2nd Feb. 2011. Date of recording 30th Mar. 1973.
https://www.youtube.com/watch?v=LvZYwaQlJsg Retrieved 19th Oct. 2020. See also:
https://quoteinvestigator.com/2017/07/16/product/.

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