I am trying a new way of retaining what I read: Creating graphs and 2*2 matrices.
Here are a few couple of examples.
- I read about Frequency vs Coverage for transportation systems from this book. According to the author, the ideal transportation medium should cover both.
Here is a 2*2 matrix I drew for the area I live in.
- I listened to a podcast recently where the author spoke about an interesting thing about hiring.
He said Most founders think they are doing C and D, while the reality is A and B.
- Premium vs Economy
This is something I have been thinking a lot. How do you make sure the ticket size increases for a high frequency but low ticket size business like ride hailing?
It is by making people move to a Premium category.
How do you create a Premium category?
Now that I think more on this, maybe Average Car quality and Good Drivers can become a Budget category.