Last Week’s Struggles and Lessons (Week Ending 12/29/24)

Current Project: Reading books about entrepreneurs and sharing what I learned from them

Mission: Create a library of wisdom from notable entrepreneurs that current entrepreneurs can leverage to increase their chances of success

What I struggled with:

  • I’ve been struggling with what the taxonomy should look like. I’m not really sure why this has been hard.
  • I wanted to get more things done this week than I did. It was a holiday week, but I was still frustrated.

What I learned:

  • Dedicating time to craft a concise problem statement felt like an important step forward. I should have done it long ago. I didn’t define the problem early enough at my first company, which caused unexpected issues later that were painful to correct.
  • The problem is the highest level of thinking and the priority for every company. Everything revolves around the problem being solved. The vision, mission, values, etc. all become easier to define when the problem is clear. If the problem isn’t clear, there can’t be clarity on anything else. The problem is the foundation and compass for the business.
  • I’ll craft the vision, mission, and values next. Doing these at the same time feels very natural now.
  • Creating examples of outputs the book library will generate was another great exercise. It helped with alignment and prioritization. Thinking through what needs to happen to achieve each example was thought provoking. See more of my thoughts here.
  • The quality of the database data is heavily influenced by the process used to parse and classify it. There needs to be a defined approach. Without one, the results aren’t consistent and quality isn’t great.
  • People don’t understand what you’re doing when you say “AI.” When I use “natural language computing,” things click and people get it.

Those are my struggles and learnings from the week!