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Jack Butcher Profile picture
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28 Jan, 9 tweets, 3 min read
The DICE Framework: (thread)

I just shared this idea in "How to Build a Personal Monopoly" w/ @david_perell

Here it is again.

↓
1/ Divergence

Steve Jobs famously said "You can only connect the dots looking backwards."

So your job to begin with, is to collect dots (h/t @traf), or "diverge" — we're pulled our curiosity to create competence: Jobs, projects, experiences, books, people, places, ideas, etc.
2/ Convergence

The stringing together of the things you care about in a unique (and marketable) manner.

For me — design, commerce, philosophy, self-development.

This is where we "connect dots."
3/ Emergence

The constraint we apply to package our idea determines their reach & resonance.

"Make 1 decision to eliminate 1,000 decisions."

Focus unlocks scale.
Keep rolling dice.
If you attended the session and you’re interested in taking Build Once, Sell Twice, use code DICE for $50 off here:

shop.visualizevalue.com/products/build…
I’ll keep it active for 24 hours.

Thank you all again!
Expires in 4 hours.

Welcome new friends.

🙏
60 minutes left.

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More from @jackbutcher

Jack Butcher Profile picture
28 Jan
What is "first principles thinking" and how does it work?

↓
1/ First, a few definitions.

A "first principle" is a foundational assumption or proposition - it is foundational in that it cannot be deduced from other assumptions or propositions.

Think of a first principle like an element. It cannot be broken down further. It is pure.
2/ "First principles thinking" (or "reasoning from first principles") is a problem-solving technique that requires you to break down a complex problem into its most basic, foundational elements.

The idea: to ground yourself in the foundational truths and build up from there.
Read 14 tweets
Jack Butcher Profile picture
20 Jan
"Finding your passion" will have you going in circles.

Finding a problem you're passionate about solving will give you direction.
Credit to @austin_rief for sparking this thought:

Ironically, what you despise the most will probably do a better job of locating something within you that you can turn into something useful than what you love.
Read 8 tweets
Jack Butcher Profile picture
19 Jan
Automate or die:

↓
The bigger our business grows, the less time we can spend on the things that made our business grow in the first place.

More and more time is spent sending emails and scrolling through spreadsheets instead of working on product.
Fortunately, the most time consuming "commodity tasks" can be automated: billing, enrollment, documentation, content scheduling etc.
Read 7 tweets
Jack Butcher Profile picture
9 Jan
Circle of Competence 101:

@SahilBloom x @jackbutcher

↓
1/

A Circle of Competence is the set of topic areas that align with a person's expertise.

If the entire world of information were to be expressed in a circle, an individual's Circle of Competence is the small sub-circle that represents their expertise.
2/

The idea surfaced in the 1996 BH annual letter.

"You don’t have to be an expert on every company...you only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital."
Read 14 tweets
Jack Butcher Profile picture
7 Jan
Building Principles:

↓
1/

Value = doing things that other people don't do, won't do or can't do.

"You get paid in direct proportion to the difficulty of problems you solve" — Elon Musk
2/
Service is high-touch result generation (building experience), product is low-touch result generation (scaling experience).
Read 9 tweets
Jack Butcher Profile picture
4 Jan
Skill is the safest hedge.

↓
Speculation is exhilarating, skill building is not.

Building a skill is time-intensive, with slow feedback loops that pay dividends months/years/decades in the future.
As platforms gamify absolutely everything, it's hard to not feel like you're getting left behind by unplugging and learning something useful.

Unintuitive as it feels, the unrealized gains you build "offline" become your edge when you return to the game.
Read 4 tweets

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