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Anchoring

The first number you hear quietly sets the price for everything that follows. Your brain calls it a starting point. Your wallet calls it expensive.

Anchoring

The first number you hear quietly sets the price for everything that follows. Your brain calls it a starting point. Your wallet calls it expensive.

Loss Aversion

Behavioural Economics · 3 min read Losing $100 hurts about twice as much as winning $100 feels good. Your brain has a built-in asymmetry, and most of your decisions are...

Loss Aversion

Behavioural Economics · 3 min read Losing $100 hurts about twice as much as winning $100 feels good. Your brain has a built-in asymmetry, and most of your decisions are...

Minimally Viable Product (MVP)

Operations · 3 min read The smallest version of your idea that can survive in the wild. Not a prototype. Not a beta. The cheapest, ugliest thing that actually solves...

Minimally Viable Product (MVP)

Operations · 3 min read The smallest version of your idea that can survive in the wild. Not a prototype. Not a beta. The cheapest, ugliest thing that actually solves...

Pricing Strategy

Marketing · 4 min read The price tag signals quality, attracts a specific kind of customer, and tells the world what kind of business you are. Most new business owners...

Pricing Strategy

Marketing · 4 min read The price tag signals quality, attracts a specific kind of customer, and tells the world what kind of business you are. Most new business owners...

Opportunity Cost

Decision-Making · 3 min read Every "yes" is also a "no" to everything else you could have done with that time, money, or energy. The cost of a choice isn't...

Opportunity Cost

Decision-Making · 3 min read Every "yes" is also a "no" to everything else you could have done with that time, money, or energy. The cost of a choice isn't...

Customer Acquisition Cost (CAC)

Marketing · 3 min read The total cost of convincing one person to become your customer. Spend more than they're worth and you're paying people to take your product. In...

Customer Acquisition Cost (CAC)

Marketing · 3 min read The total cost of convincing one person to become your customer. Spend more than they're worth and you're paying people to take your product. In...