This post is part of a series on The Effective Executive (by Peter F. Drucker). You can find the first post here. In this post I’m going to tackle chapter 6: the elements of decision-making.
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This post is part of a series on The Effective Executive (by Peter F. Drucker). You can find the first post here. In this post I’m going to tackle chapter 5: first things first.
This post is part of a series on The Effective Executive (by Peter F. Drucker). You can find the first post here. In this post I’m going to tackle chapter 4: making strength productive?
This post is part of a series on The Effective Executive (by Peter F. Drucker). You can find the first post here. In this post I’m going to tackle chapter 3: what can I contribute?
The Effective Executive by Peter F. Drucker is one of my favorite business books of all time. It should be on every 10x programmer’s reading list for two reasons. First, it offers knowledge workers (including computer programmers) a guide to becoming ridiculously effective. Secondly, many millions of business people have read this very influential book and by reading it, you will gain insight into how many business people set priorities and approach their work.
No matter how good of a programmer you are, I promise you that you can get better by reading this book and applying its lessons.
In my last post I gave you a brief introduction to managerial accounting, showed you how to calculate contribution margin per unit, and told you why it is important. In this post I’m going to show you how I calculated our contribution margin per unit for every product we sell and how we used that analysis to change the course of our company.
I want to tell you the story of one of the biggest impacts I ever made. I’m going to assume that you don’t know much managerial accounting. That’s fine; I didn’t either when I started this project. I’m going to give you a five minute tutorial on managerial accounting in this post. Your goal is to understand how to calculate contribution margin per unit and why it’s important. Then I’ll get to my story.
Let me tell you about the time a Google experiment saved my ass.
For those of you who don’t know, Google Analytics has an A/B testing feature. You can create multiple variants of a web page and then setup an experiment where Google Analytics directs your traffic to the different versions of your page. Google records how your visitors respond to the difference on some dimension that’s important to you like signups for your email list or purchases from your website. Google takes care of all the mechanics and statistics and tells you the winning variant or that it was too close to call.
Anyway, back to the story.
This is my final post in this series on how to be a wildly successful small business programmer. We’re going to do a quick review of everything I’ve talked about in this series. And then I’ll leave you with some parting words to help you continue your journey and show you where we’re going next.
Today I’m going to show you how to pitch your first project. This is my follow-up post to how to choose your first project.