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Book Notes: “The Voltage Effect” by John A List
📗 Single sentence summary
An economist’s approach to identifying the ideas that will be successful when scaled and how to avoid those that won’t.
💬 The killer quote
“Scaleable ideas are all alike. Every unscalable idea is unscalable in its own way.”
🙋 Recommended for
Business professionals wanting to hone and improve their approach to testing and analysing data in aid of more effectively scaling their proposed initiatives.
Notes
Caveat: These are my own notes and may exclude information that is either less relevant or already known to me.
A definition of scale
“To achieve a desired outcome when you take an idea from a small group of customers, students or citizens…to a much larger one.”
Pitfalls to avoid in determining whether an idea will scale
Identifying a positive, small-scale cause and effect relationship does not guarantee that an idea will successfully scale. Before scaling, one must look to avoid these common errors.
- Dupers and false positives. When some piece of evidence or…