Flow
This is a preview of a concept contained in The Personal MBA by Josh Kaufman, a book that will help you master the fundamentals of business, hone your business instincts, and save a fortune in tuition. The Personal MBA distills the most powerful principles of business and delivers them quickly and concisely. Order your copy now…
What is a “Flow”?
“A process cannot be understood by stopping it. Understanding must move with the flow of the process, must join it and flow with it.” —Frank Herbert, science fiction novelist and author of Dune
Key Points:
- Every system has Flows: movements of resources in and out of the system.
- Inflows are resources moving into the system, like water into a sink.
- Outflows are resources moving out of the system, like money out of a bank account.
- Understand the Flows to understand the system.
Questions for Consideration:
- What are the inflows and outflows of the system you’re investigating – money, resources, people, or something else altogether?
- How fast are they flowing in, and how quickly are they flowing out?
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