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Founder's Journal

Your Trash is Another's Treasure

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.81.1K Ratings

🗓️ 22 December 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

Today I discuss how to make less with more by utilizing the processes, waste, and unused ideas in your business. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

What is up everyone? This is Alex Lieberman, co-founder and CEO of Morning Brew, and welcome back to Founders Journal,

0:07.6

My Daily Audio Diary made public for the world where every day I will give you the listener a backstage pass into

0:15.2

building Morning Brew to help you think better in order to build better.

0:18.9

And today we are talking about how to do more with less.

0:23.0

Let's hop into it.

0:24.2

So I'm going to start super high level here.

0:26.4

I promise it's going to actually get specific.

0:28.3

I'm actually going to talk about a specific story

0:30.3

that happened today at Morning Brew.

0:32.2

So bear with me. Sometimes I conceptualize

0:34.4

business in different ways and one of the ways I conceptualize business is as a

0:38.0

machine, like a literal machine. On a daily basis the gears are spinning to keep the machine moving and you can think about the gears in different ways.

0:45.6

You can think of it as people, sub-organizations, the machine is the whole business, and then there's some output from the machine.

0:51.9

That's your product, that's what you put into the world and yes much of the value

0:56.8

that comes from your machine as a business is put out into the world but what I want you you, the listener, you the builder, you the manager to think about is how you can

1:06.8

actually harness the energy or the waste inside the machine that the world never sees but has the ability to be turned into

1:15.7

external value. So I almost think about it as like a fruit manufacturer and I'm

1:21.0

not sure if this exactly works this way.

1:22.6

I'm just guessing that it does, where fruit manufacturers,

1:25.8

I assume, have certain standards that they need to meet

1:28.8

in order to put certain fruit product into the world.

1:31.3

So I think about this for like, you know, pineapple or bananas

...

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