Ruben's Portfolio

Ruben's Business Notes

Entrepreneurship

Entrepreneurship is about finding problems and creating solutions.

Key Takeaways

  • Ask potential customers what they want and need.
    • The way you ask can influence answers.
    • Open-ended questions give more context
    • Use 5-Whys technique to understand the root cause
      ⚠️ People will answer from their perspective
  • Forecast the costs and revenues
  • Identify the resources needed

Frameworks applied

  • Business Model Canvas & 'Desirability, Viability, Feasibility' (DVF)
  • Porter's Five Forces - industry attractiveness check
    • Threat of New Entrants - easy for new businesses to start?
    • Bargaining Power of Suppliers - difficult to negotiate on costs and volume?
    • Bargaining Power of Buyers - difficult to negotiate on prices (revenue)?
    • Threat of Substitute Products or Services - how else are customers able to satisfy their needs?
    • Rivalry Among Existing Competitors - production capacity and customer loyalty?
      Find their customers' unmet needs.

Cybersecurity & AI Risk Management

Cybersecurity is about protecting systems, networks, and data from cyber threats.

Align efforts to the organisation's objectives and applicable regulations.

Key Takeaways

  • Cybersecurity is about protecting systems, networks, and data from cyber threats.
  • AI risks
    • Bias: limited training, automated decision-making
    • Privacy: unintended use of data & opaque collection
    • Security: jailbreaking/prompt injection
  • Accept uncertainty -
  • ⚠️ Compliance ≠ Security - Avoid complacency:
    known threats can become more severe and unknown threats can appear

Frameworks applied

  • NIST Cybersecurity Framework
  • ISO/IEC 27001 - Information Security Management System (ISMS)
  • AI Risk Management Framework (RMF) - NIST

Management & Leadership

Leadership is about inspiring and motivating others to achieve the vision.

Management is about obtaining and using resources effectively.

Key Takeaways

  • Management is about planning, organizing, and coordinating resources to achieve goals.
  • Leadership is about inspiring and motivating others to achieve the vision.
  • Focus on interest & intention instead of position
    seek to understand motivations, fears and needs

Frameworks applied

  • Maslow's Hierarchy of Needs
  • McClelland's Acquired Needs Theory
    • Need for Achievement
    • Need for Power
    • Need for Affiliation - social needs

Finance

Accounting & investment calculations

Key Takeaways

Frameworks applied

  • Maslow's Hierarchy of Needs