Disciplined Thought

Moralis Business School Onboarding Course
#1
  1. What does it mean to confront the brutal facts?
  2. Why do we take data driven decisions?
  3. What is the Hedgehog concept?
  4. What are the three elements of a successful Hedgehog concept?
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#2
  1. Be aware of reality
  2. Decisions are based of facts
  3. Master the basis, the most simple technique is to dominate the base
  4. Discipline, respect the basis of anything
#3
  1. What does it mean to confront the brutal facts?

accept the facts, build red flags mechanisms to show what the team is doing wrong; conduct autopsies without blame

  1. Why do we take data driven decisions?

we don’t what to relay on feelings,
we have to rely on data, perform experiments with them and talk to clients.

  1. What is the Hedgehog concept?

be the best of what you do and one thing at a time

  1. What are the three elements of a successful Hedgehog concept?

follow 3 criterias: (1) become the best in the world to (2) drive revenue and be sustainable by being (3) passionate about the concept and the value it brings to the market.

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#4

  1. What does it mean to confront the brutal facts?
    To confront the brutal facts means to always be aware of emerging or potential market trends and problems in our projects, and daring to bring them up asap. This will help us to discuss and confront these potential or current problems as a team, as well as help us conduct autopsies without pointing fingers.

  2. Why do we make data-driven decisions?
    We make data-driven decisions because we have to base our actions on tangible things, which equals data. We get this data from documenting, experimenting, and talking to one another as well as clients so that we make the best decisions we can which will produce the best possible results.

  3. What is the Hedgehog concept?
    The Hedgehog’s Concept is to “Do one thing better than anyone else” because simplicity leads to greatness. It is based on the hedgehog’s defensive stance to curl up into a ball when faced with whatever the little animal dims as a threat: a one fits all reaction, which he’s good at and is effective. And honestly, it’s easier to be disciplined and focus on one single thing than on many :slight_smile:

  4. What are the three elements of a successful Hedgehog concept?
    For the Hedgehog concept to be successful we:

  • Have to become the best in the world at it.
  • Will use it to drive revenue and be economically sustainable.
  • Are deeply passionate about it and the value we provide with it.

The hedgehog concept can evolve with time, but it always needs to meet the three criteria above, as well as help to build the momentum of the Moralis flywheel.

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#5

1. What does it mean to confront the brutal facts?

  • ‘Become aware of the emerging market trends and potential problems.’
  • Always look at facts, no matter if good or bad
  • Culture of confronting potential problems
  • Conduct autopsies without blame
  • Engage is dialog and debate
  • Build red flag mechanisms - alert on information that cannot be ignored

2. Why do we take data driven decisions?

  • so that we don’t blindly rely on feelings

3. What is the Hedgehog concept?

  • It is to do one thing better than anyone else
  • In order to be great, we need laser sharp focus on one single thing

4. What are the three elements of a successful Hedgehog concept?

  • Be able to become the best in the at it
  • Drives revenue and be sustainable economically
  • Deeply passionate about the concept and value we provide to the market
#6

1. What does it mean to confront the brutal facts?

“We always look at the facts - no matter whether they are good or bad.”
accept reality as soon as possible and find a solution if it can have a solution

2. Why do we take data driven decisions?

emotions can tell lies but Kpi or metrics which are derived from the trustable data dont

3. What is the Hedgehog concept?

Be master of something, knowing a lot of little things keeps us average
4. What are the three elements of a successful Hedgehog concept?
“1. We need to be able to become the best in the world at it
2. It will drive revenue and be sustainable economically
3. We are deeply passionate about the concept and the value we provide to the market”

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#7
  1. To have disciplined thoughts, where we can discuss and confront potential problems in a mature professional way and by coming up with data-driven decisions.
  2. Because we don’t rely on feelings therefore the decisions we make need to be driven by data or information that is currently there. Feelings make us make clouded decisions.
  3. It’s the concept that talks about doing one thing better than everyone else.
  4. A successful Hedgehog concept should be:-

  • become the best at it in the world

  • drive revenue and be sustainable economically

  • has to be something we are deeply passionate about its value to the market.

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#8

  1. Not being afraid to look at the reality of the situation and do so from an unbiased standpoint.

  2. Rather than relying on “gut feeling” it is important to have an end point or mechanical system to derive decisions from, data fits the bill.

  3. You become really good at doing something simple that promotes your long term survival.

  4. We need to be able to become the best in the world at it
    It will drive revenue and be sustainable economically
    We are deeply passionate about the concept and the value we provide to the market

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#9
  1. What does it mean to confront the brutal facts?

We always look at the facts - no matter whether they are good or bad.We have a culture of discussing and confronting potential problems. We conduct autopsies without blame. We engage in dialog and debate - not coercion. We build red flag mechanisms that turn information into information that can’t be ignored.

  1. Why do we take data driven decisions?

We have a framework of how decisions are made. We look at data, we perform experiments, we talk to clients. We don’t blindly rely on feelings.

  1. What is the Hedgehog concept?

When confronted by predators, the hedgehog’s instinct is to curl up into a protective ball. This single response is simple and works as a response to any attack.

  1. What are the three elements of a successful Hedgehog concept?

  2. We need to be able to become the best in the world at it

  3. It will drive revenue and be sustainable economically

  4. We are deeply passionate about the concept and the value we provide to the market

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#10

Disciplined Thought

  • To confront brutal facts of emerging market trends and potential problems. Conduct autopsies, and build red flag mechanisms that turn information into information that can’t be ignored.
  • We take data-driven decisions using our framework because we don’t blindly rely on feelings.
  • The hedgehog :hedgehog: concept “Do one thing better than anyone else”. Single sharp focus and be disciplined to stay within that focus aims for greatness
  • When choosing the hedgehog concept it needs to meet the following criteria:
  1. We need to be able to become the best in the world at it
  2. It will drive revenue and be sustainable economically
  3. We are deeply passionate about the concept and the value we provide to the market
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#11

  1. What does it mean to confront the brutal facts?
    It means being aware of emerging market trends and potential problems, and dealing with them proactively.

  2. Why do we take data driven decisions?
    The alternative is blindly relying on feelings or hunches.

  3. What is the Hedgehog concept?
    Do one thing, and do it better than anyone else. Like a hedgehog’s defense.

  4. What are the three elements of a successful Hedgehog concept?

  • Do one thing better than anyone else
  • Use it to drive revenue and be sustainable economically
  • Be deeply passionate about the concept and the value we provide to the market
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#12
  1. That we’re always looking for the facts, no matter good or bad. And that we are discussing and confronting problems.
  2. Because we don’t take actions based on feelings.
  3. That simplicity leads to greatness as long as you’re doing one thing better than anyone else.
  • We need to be able to become the best in the world at it
  • It will drive revenue and be sustainable economically
  • We are deeply passionate about the concept and the value we provide to the market
1 Like
#13
  1. Looking at the facts, conduct autopsies without blame, engaging in dialogue and debate.
  2. We are pragmatic, we make our decisions based on data, we perform experiments, we talk to clients and don’t blindly rely on feelings.
  3. Doing one thing (at least one), better than anyone else.
  4. Becoming the best in the world on one topic, drive revenue and be sustainable economically, being deeply passionate about the concept and the value we provide to the market.
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#14
  1. Confront brutal facts means being aware of market trends and potential problems…
  2. We take data driven decisions because gut feelings only give us motivation for new ideas but does not solve anything by blindly following feelings
  3. The Hedgehog concept is doing something simple that leads to greatness
  4. Able to become the best in the world, drives revenue and sustainability, and passion on the concept and value we sell.
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#15

  1. What does it mean to confront the brutal facts?
    Look at the facts even if they are good or bad, accepting that facts can be brutal avoiding blame or coercion enables us to take better decisions

  2. Why do we take data driven decisions?
    To avoid taking decisions based on feelings, we need to provide real value and to guarantee that we have a framework and talk to clients

  3. What is the Hedgehog concept?
    It is a concept that uses an Hedgehog as example, they are really good at just one thing, defending, and that simple feature gives them a lot of power to avoid a lot of attacks

  4. What are the three elements of a successful Hedgehog concept?

  • We need to be able to be the best in the world at it
  • It will drive revenue and be sustainable economically
  • We are deeply passionate about the concept and the value provided
1 Like
#16
  1. What does it mean to confront the brutal facts?

Always be aware of emerging market trends and potential problems and bring them to the teams attention immediately so any potential problems can be discussed and and autopsy of the potential problem can be conducted without blame. We look at the facts no matter whether they are good or bad
We engage in dialog and debate - not coercion. We build red flag mechanisms that turn information into information that can’t be ignored.

  1. Why do we take data driven decisions?

Data is reliable and not driven by emotions or gut feelings. It helps provide a framework of how decisions are made. We look at data, we perform experiments, we talk to clients in order to have the most accurate information and therefore, able to make the best informed decisions for clients and Moralis.

  1. What is the Hedgehog concept?

"Do one thing better than anyone else” because simplicity leads to greatness.
When confronted by predators, the hedgehog’s instinct is to curl up into a protective ball. This single response is simple and works as a response to any attack. The hedgehog has perfected this one single thing and is able to thrive because because no other can defeat this action.
In order to become great we have to focus on one single thing like the hedgehog. We need laser sharp focus and be disciplined to stay within that focus.

  1. What are the three elements of a successful Hedgehog concept?

  2. We need to be able to become the best in the world at it

  3. It will drive revenue and be sustainable economically

  4. We are deeply passionate about the concept and the value we provide to the market

The hedgehog concept can evolve with time - as the world changes - but it always needs to meet the three criteria above and continues the flywheel.

#17 
1. What does it mean to confront the brutal facts?

We can not just want to hear praise of the company. It does not help the company to hear their own commercial propaganda repeated back to them. You have to face reality. Become aware of emerging market trends and potential problems. We build red flag mechanisms that turn information into information that can’t be ignored.
2. Why do we take data driven decisions?
We need concrete evidence to make decisions on. Making half guesses leads to disasters.
3. What is the Hedgehog concept?
Simplicity has always lead to greatness. In order to become great we have to focus on one single thing. Do one thing better than anyone else. Be the leading platform for web3 developers by simplifying the web3 development workflow.

4. What are the three elements of a successful Hedgehog concept?
• We need to be able to become the best in the world at that one thing. 
• It will drive revenue and be sustainable economically 
• We are deeply passionate about the concept and the value we provide to the market