Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
Construal level theory says that we think more concretely, as opposed to abstractly, about things that seem nearer to us in space, time, sociality, chance, and plan. Such concrete thinking can reveal itself, for example, in our using more concrete words as descriptors.
I will say that based on playing around with lots of configurations, improving your retention rate appears to be much more important to long term income than sign-up rate. Relatively small changes there can have huge cumulative impacts.
For example, if you had 100 daily subscriptions and 90% retention, your equilibrium point would be around 30k subscribers. Increasing it to 95% retention would jump you to 59k subscribers. You’d need roughly double the daily sign-ups (200) to reach the same level.
The Tyranny of the Churn Equation
David Smith
While parts of the designed world might be ugly at any speed, it is only the slowness of traveling on foot that causes true discomfiture, by forcing a walker to behold, worry over, brood upon, those to whom this ugliness shouts loudest.
Street Life
Lawrence Jackson
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