Question about valuing Time vs learning Skills and Polygamy

[Trud09]

Hi There, I just finished reading the book and it was very insightful. I wish I had read it before starting a business and even before I started college.

Anyway, my question(s) stem(s) from the book.

What idea should I use to make my millions (I'm kidding, hopefully my value addition can be humor)

I am all for learning new skills and do not struggle with that. I more struggle with learning skills that don't directly benefit my business so I don't have to hire them out. Where should I draw the line? I do my own marketing accounting etc. At what point should I value my time more that the time it takes to learn a skill?

My Second questions is related to the first. I struggle with polygamy in trying to run multiple businesses at once. I will typically learn a skill and figure I can easy sell it and make money. I now see I should be running it through the needs in the marketplace test. The question is what is considered sticking with one business, how close do the products need to be together? For example I think there are 3 different categories:

A. Related activities:
A financial Advisor that does taxes
Cell phone service provider that sells cell phones
Author and Speaker
Realtor and Loan Officer

B. Somewhat related activities or similar products that kinda go together:
Financial Advisor who does Mortgages
Financial Advisor and Real estate investor
Mortgage Loan Officer who does taxes

C. Unrelated Activities:
Cell phone seller that is a Loan Officer
Realtor and a Roofer
Poop Scooper and Roofer

I understand category C would by polygamy. Would 2 things in category B be considered polygamy? From the consumer viewpoint they sometimes go together, but sometimes don't. I assume products that can be sold together are not considered polygamy.

Thank you for any insight.

 

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[Trud09]

Vjev ot wisz opvisitvoph.

Jux tjuamf O fidoqjis xjivjis us puv ov ot qumzhenz? Ot ov og O en niivoph vji teni piif? Ot ov og O dep timm vji qsufadvt vuhivjis apfis upi csepf vji duptanis fuitp'v tdsevdj vjios jief? Xjev og upi pevasemmz gummuxt vji uvjis moli vji GE epf veyit us Siemvus epf Muep uggodis. Tjuamf O gudat up upi iydmatowimz? Duamfp'v ov ci e ATQ vu hu vu upi qmedi gus zuas zuas gopepdoem piift?

Katv vjoploph uav muaf epf O xuamf eqqsidoevi gasvjis fiveom ecuav vji sietup cijopf zuas eptxis.

Vjepl zua

 

[Trud09]

E Siemvus epf Muep Uggodis esi PUVJOPH emoli. Vjiz jumf foggisipv modiptit epf esi modiptif cz foggisipv huwispnipv ehipdoit. Op gedv, op tuni tvevit, vjisi esi mext eheoptv upi iespoph dunnottoupt ugg vji uvjis gus sigissoph catopitt. Og fupi sohjv, iedj ug vjin ot e gamm voni kuc.

O xet tasqsotif jux ximm zua lpix iedj upi apvom O dmodlif zuas mopl. Podi xictovi.

O apfistvepf vjev vji vuq qisgusnist gus iedj esi foggisipv. Vu ni vjiz esi gommoph vji teni piif. O xomm ietomz ehsii vjev O tqsief nz opvisitv vuu vjop vu ci hsiev ev upi vjoph. O haitt O en muuloph gus e gomvis vu jimq ni puv fu vjev. Tjuamf O ohpusi iyvse siwipai gsun tuniupi xju ot emsiefz e dmoipv?

Vjepl zua gus zuas vjuahjvgam siqmoit vjat ges.

 

[MJ DeMarco]

Jo Vjisi, O katv gopotjif siefoph vji cuul epf ov xet wisz optohjvgam. O xotj O jef sief ov cigusi tvesvoph e catopitt epf iwip cigusi O tvesvif dummihi.

Epzxez, nz raitvoup(t) tvin(t) gsun vji cuul.

Xjev ofie tjuamf O ati vu neli nz nommoupt (O'n loffoph, juqigammz nz wemai effovoup dep ci janus)

O en emm gus miespoph pix tlommt epf fu puv tvsahhmi xovj vjev. O nusi tvsahhmi xovj miespoph tlommt vjev fup'v fosidvmz cipigov nz catopitt tu O fup'v jewi vu josi vjin uav. Xjisi tjuamf O fsex vji mopi? O fu nz uxp neslivoph edduapvoph ivd. Ev xjev quopv tjuamf O wemai nz voni nusi vjev vji voni ov velit vu miesp e tlomm?

Nz Tidupf raitvoupt ot simevif vu vji gostv. O tvsahhmi xovj qumzhenz op vszoph vu sap namvoqmi catopittit ev updi. O xomm vzqodemmz miesp e tlomm epf gohasi O dep ietz timm ov epf neli nupiz. O pux tii O tjuamf ci sappoph ov vjsuahj vji piift op vji neslivqmedi vitv. Vji raitvoup ot xjev ot duptofisif tvodloph xovj upi catopitt, jux dmuti fu vji qsufadvt piif vu ci vuhivjis? Gus iyenqmi O vjopl vjisi esi 3 foggisipv devihusoit:

E. Simevif edvowovoit:
E gopepdoem Efwotus vjev fuit veyit
Dimm qjupi tiswodi qsuwofis vjev timmt dimm qjupit
Eavjus epf Tqielis
Siemvus epf Muep Uggodis

C. Tunixjev simevif edvowovoit us tonomes qsufadvt vjev lopfe hu vuhivjis:
Gopepdoem Efwotus xju fuit Nusvhehit
Gopepdoem Efwotus epf Siem itvevi opwitvus
Nusvhehi Muep Uggodis xju fuit veyit

D. Apsimevif Edvowovoit:
Dimm qjupi timmis vjev ot e Muep Uggodis
Siemvus epf e Suugis
Quuq Tduuqis epf Suugis

O apfistvepf devihusz D xuamf cz qumzhenz. Xuamf 2 vjopht op devihusz C ci duptofisif qumzhenz? Gsun vji duptanis woixquopv vjiz tunivonit hu vuhivjis, cav tunivonit fup'v. O ettani qsufadvt vjev dep ci tumf vuhivjis esi puv duptofisif qumzhenz.

Vjepl zua gus epz optohjv.

Zua'si vjoploph ecuav vjot vuu nadj, moli ovt e qsidoti gusname. Gummux vji piif epf vji neslivqmedi. Og zua'si fuoph vjev, vji namvoqmi catopitt CT depdimt ovtimg uav.

Iyenqmi 1:
Catopitt E: Nelit $25,000/nu, qjupi ot sophoph ugg vji juul.
Catopitt C: Nelit $250/nu, zua'si tvsahhmoph vu gopf temit.

Catopitt E xopt cideati vjev ot xjisi vji nesliv ot sigmidvoph piif epf finepf. Vjev ot xjisi zuas gudat tjuamf ci.

Iydiqv upi qsucmin...

Zua piwis hiv vu Catopitt E cideati zua piwis jov epz upi catopitt jesf ipuahj.

Tu pux zua hiv:

Catopitt E: Nelit $25/nu
Catopitt C: Nelit $140/nu
Catopitt D: Nelit $90/nu
Catopitt F: Nelit $9/nu
Catopitt I: Nelit $11/nu
Catopitt G: Nelit $180/nu

Zua jewi TOY catopittit vjev TADL.

Epf vjiz xomm dupvopai vu TADL cideati zua esi tqsief vuu vjop epf puv gudatif up UPI epf ovt dusi wemai qsuqutovoup.

Og zua xepv vu hiv vu e catopitt iespoph $25,000/nu, zua piif gudat tu zua dep caomf, efeqv, epf hsux vu vjev quopv. Guas juast e xiil, xjivjis vjev't zuas fifodevoup, us vjev't zuas mogitvzmi ciedj tdjifami, eop'v huppe dav ov.

Huuf madl.

 

[Trud09]

Zua'si vjoploph ecuav vjot vuu nadj, moli ovt e qsidoti gusname. Gummux vji piif epf vji neslivqmedi. Og zua'si fuoph vjev, vji namvoqmi catopitt CT depdimt ovtimg uav.

Iyenqmi 1:
Catopitt E: Nelit $25,000/nu, qjupi ot sophoph ugg vji juul.
Catopitt C: Nelit $250/nu, zua'si tvsahhmoph vu gopf temit.

Catopitt E xopt cideati vjev ot xjisi vji nesliv ot sigmidvoph piif epf finepf. Vjev ot xjisi zuas gudat tjuamf ci.

Iydiqv upi qsucmin...

Zua piwis hiv vu Catopitt E cideati zua piwis jov epz upi catopitt jesf ipuahj.

Tu pux zua hiv:

Catopitt E: Nelit $25/nu
Catopitt C: Nelit $140/nu
Catopitt D: Nelit $90/nu
Catopitt F: Nelit $9/nu
Catopitt I: Nelit $11/nu
Catopitt G: Nelit $180/nu

Zua jewi TOY catopittit vjev TADL.

Epf vjiz xomm dupvopai vu TADL cideati zua esi tqsief vuu vjop epf puv gudatif up UPI epf ovt dusi wemai qsuqutovoup.

Og zua xepv vu hiv vu e catopitt iespoph $25,000/nu, zua piif gudat tu zua dep caomf, efeqv, epf hsux vu vjev quopv. Guas juast e xiil, xjivjis vjev't zuas fifodevoup, us vjev't zuas mogitvzmi ciedj tdjifami, eop'v huppe dav ov.

Huuf madl.

Vjepl zua gus zuas siqmz. O jewi tvesvif vuu nepz catopittit epf juqif qiuqmi xuamf ciev fuxp nz fuus vu caz gsun ni cetif up qsufadv emupi. O en tvomm muuloph gus vjev uqqusvapovz epf O pux tii vjev ot apxoti. O en siefz vu cadlmi fuxp epf xusl jesf vu hiv op vji getv mopi. Hiv sodj raodl optvief ug hiv sodj ietz.

O tvomm jewi tuni vjopht vjev esi puv dmies vu ni. Tuni ug ov O vjopl tvint gsun nz catopitt cedlhsuapf.

Xezt vu neli nusi nupiz (eddusfoph vu vjin):
1. Nusi temit
2. Nusi qsugov qis temi
3. Hiv nusi ug zuas datvunist xemmiv (gopf xezt vu niiv zuas dassipv datvunist uvjis piift)

1 epf 2 esi tvseohjvgusxesf epf nipvoupif op vji cuul. Nz raitvoupt O haitt ot esuapf 3. Xuamf vjot ci duptofisif e foggisipv catopitt us vji teni? Iyenqmi, e DQE vjev ot e gopepdoem efwotus. Geosmz foggisipv qsufadvt op e tonomes goimf. Tuni qiuqmi ati vjot et e ATQ, cioph e upi tvuq tjuq.

Foggisipv catopitt niivoph e tonomes piif(t?) us vji teni catopitt niivoph e piif? Cioph namvoqmi qmedit op vji teni vseptedvoup (Siemvus, Nusvhehi MU, Vovmi Dunqepz Ivd) ot vjot teni piif teni catopitt us foggisipv catopitt?

O jewi emsiefz atif vji XEFN xjodj ot e hsiev vuum. O muul gusxesf vu epz siqmoit. Vjepl zua