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Friday Foursight from The Daily Dap (Vertical Integration, Business Principles, Risk)

No. 4 — 12/8/23

Friday Foursight includes four sections - read them all or jump to your favorite:

Growth Notes

Quotes + More Quotes

A Few Favorite Links

Question For You

Growth Notes

I'm finding that the most important part of the writing process is the research itself.

The work before the work.

I’ve been enjoying the adoption of this Notecard System from writing warriors like Robert Greene, Ryan Holiday, and Billy Oppenheimer.

Thanks to my friend , who has became a true writing partner of mine since Write of Passage Cohort 11, I’ve been leaning into better writing techniques.

I’m excited to continue daily, diligent research through this Notecard System and the dividends that will come from such an investment of my time.

Talking about time, here is a unique story about the late, great Charlie Munger, who recently passed on, in which Warren Buffett reflects on Munger’s priority to block out time for himself everyday in order to read and learn.

Quotes + More Quotes

"The point of business is to create a customer who creates a customer." — Unknown

“Cash is oxygen for a business.” — Warren Buffett

"Business is a never-ending quest to deliver the same result in an easier fashion." — James Clear

"I never let my schooling get in the way of my education." — Mark Twain

The best companies in the food industry will be the one’s that can drive down cost for customers, while still giving them more and more value over time, along with keeping their suppliers happy too.

Who wouldn’t want a high-quality meal for a cheap price? I’m not talking McDonald’s dollar menu. I’m talking HEALTHY food.

Vertical integration, creativity, and innovation are the pillars to this.

Get ready for the word “automation” to be used more frequently in the food and beverage industry.

Taking risk is a safer bet than taking no risk at all.

Question For You

Is your first instinct when with others, “How can I best serve you”?

If not, why not?

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