Business and Life Cycle Program
A program designed to guide individuals through the phases of research, growth, action, and contribution in both business and life. Emphasizing iterative action and dedication to a specific time frame. Includes principles of reinforcement, social influence, and addresses potential cognitive biases. Encourages community support and addresses potential negative emotions.
Program Modules
Phase 1: Research
Thoroughly investigate and understand the idea or business before moving forward. This involves gathering information, analyzing the market, and identifying potential challenges and opportunities. Learn to mitigate confirmation bias and other cognitive pitfalls.
Conduct Market Analysis
WeeklyAnalyze the target market, identify competitors, and understand customer needs. Use the provided market analysis template.
Validate the Idea
WeeklyTest the feasibility and viability of the idea through surveys, interviews, and prototypes. Vary your outreach to avoid sampling bias.
Explore Industry Research
WeeklyExplore industry-specific reports and research papers. Example resource: Harvard Business Review.
Phase 2: Growth
Develop skills, build a team (or support network), and create a solid foundation for the business or personal project. Find a mentor to provide guidance and feedback.
Develop Key Skills
WeeklyIdentify and acquire the necessary skills for success. Use variable reward schedule for sustained motivation.
Connect With a Mentor
MonthlyIdentify and connect with a mentor in your field for guidance and support.
Phase 3: Action
Implement the plan and take decisive action to achieve desired results. This includes launching the product, marketing the service, or pursuing personal goals. Prepare for potential setbacks and develop coping strategies.
Execute the Plan
DailyPut the plan into action and track progress. Utilize implementation intentions: 'When X happens, I will do Y'.
Cope with Setbacks
WeeklyDevelop strategies for managing setbacks and negative emotions. Seek support from your community.
Practice Stress Management
DailyPractice mindfulness or other stress management techniques. Resource: A mindfulness app.
Phase 4: Contribution
Assess the results, make adjustments, and contribute back to the community or ecosystem. If results are positive, continue. If not, pivot and find a new direction. Be aware of the sunk cost fallacy when assessing results.
Assess Results
WeeklyEvaluate the outcomes of the actions taken. Use the results assessment template.
Iterate and Improve
WeeklyMake adjustments based on the results and learnings. Share your learnings with the community.
Seek Community Feedback
MonthlyShare your progress and seek feedback from the community.
One-Year Dedication
Commit to dedicating one year to a specific idea or business, giving it your full energy and effort. Break down the year into smaller, manageable daily/weekly habits. At the end of the year, evaluate the results and make a decision to continue or pivot.
Weekly Review & Planning
WeeklyReview progress, adjust plans, and set intentions for the next week.
Daily Habit Stacking
DailyAdd a new habit to an existing routine. For example, 'After I brush my teeth, I will work on my business for 15 minutes'.
What You'll Accomplish
- Understand the phases of business and life cycle development.
- Develop research and analytical skills.
- Implement action-oriented strategies.
- Learn to assess results and iterate effectively.
- Practice dedication and commitment to specific goals.
- Apply behavioral principles like reinforcement and habit formation.
- Recognize and mitigate cognitive biases.
- Manage stress and negative emotions.
- Build a supportive network and seek community feedback.
Full program access + updates