Chapter
The Changing Game and Process in Product Development
1:30:45 - 1:37:50 (07:05)
The game in basketball has changed in the last half decade, and it’s not just about the physics of shooting a three-pointer better. Similarly, in product development, firms like IDO and frog design have developed processes that ask the right questions to create successful products.
Clips
The game of investing has changed significantly in the last half decade, with hedge fund investors taking both long and short bets instead of sticking to traditional buy-and-hold methods.
1:30:45 - 1:33:08 (02:23)
Summary
The game of investing has changed significantly in the last half decade, with hedge fund investors taking both long and short bets instead of sticking to traditional buy-and-hold methods. This shift in strategy was not due to advancements in the field, but rather a fundamental change in the game itself.
ChapterThe Changing Game and Process in Product Development
Episode#410: Ryan Holiday — Turning the Tables
PodcastThe Tim Ferriss Show
The process of product development and industrial design involves asking questions to challenge assumptions and identify new opportunities, as seen in firms like IDO and frog design.
1:33:08 - 1:34:31 (01:23)
Summary
The process of product development and industrial design involves asking questions to challenge assumptions and identify new opportunities, as seen in firms like IDO and frog design. This approach can lead to seemingly infinite opportunities, as highlighted in the documentary Objectified.
ChapterThe Changing Game and Process in Product Development
Episode#410: Ryan Holiday — Turning the Tables
PodcastThe Tim Ferriss Show
The speaker likes to ask a lot of questions and study incentives, to figure out why certain things were not created earlier, such as wheels on luggage.
1:34:31 - 1:35:29 (00:58)
Summary
The speaker likes to ask a lot of questions and study incentives, to figure out why certain things were not created earlier, such as wheels on luggage. They use Uber as an example of something that was mocked in the past but has since become successful.
ChapterThe Changing Game and Process in Product Development
Episode#410: Ryan Holiday — Turning the Tables
PodcastThe Tim Ferriss Show
Prototype with people who are price insensitive in the early stages of product development to subsidize and create a market, just like how the rich initially subsidized the costly black sedan and limousine services that eventually led to the ride-sharing market.
1:35:29 - 1:37:50 (02:21)
Summary
Prototype with people who are price insensitive in the early stages of product development to subsidize and create a market, just like how the rich initially subsidized the costly black sedan and limousine services that eventually led to the ride-sharing market.