Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
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
When they set off, one by one, first in the sprint, then the first shootout, what struck me was how quiet the cars were. This makes sense to me as someone who once studied acoustics in graduate school. Formula 1, again like sword fighting, is about an economy of motion. Noise is a hallmark of mechanical inefficiency. [[When mechanical systems work well, they work quietly. Noise at its core is excess energy.::highlight]] In Formula 1 cars, being perfect machines, that energy is redirected where it could be of use.
Behind F1's Velvet Curtain
Kate Wagner
She taught me one of the cardinal rules of gathering plants:
“Never take the first plant you find, as it might be the last—and you want that first one to speak well of you to the others of her kind."
Braiding Sweetgrass
Robin Wall Kimmerer
...catch up on these, and many more highlights