|12: FORMATION Become nomadic.|
Stay fluid. Stay maneuverable. Become nomadic. Shed fixed obligations. Design business models with minimal fixed overheads. Control your core competency. Outsource everything else. Better to pay Kinkos 30 cents per color collated copy than $25,000 to Xerox for a machine that then costs another $10k per year to operate. It’s almost always better to buy or partner a non- core competency externally rather than “make-it” internally. Use short-term leases. Own as little as possible. Choose methodology over technology. Build throw-away/discardable infrastructure. Do not become prisoner of your income statement.