Study Order

The hierarchy

Do not study everything randomly. This sequence builds from market selection to economics, then to customer understanding, growth, decisions, and execution.

1

Market Reality

Why now: Before you get excited about an idea, check whether the economics of the market are even worth playing in.

Next: Porters Five Forces

2

Porter’s Five Forces

Why now: It helps you see where margins get killed: competition, substitutes, buyer power, supplier power, or new entrants.

Next: Competitive Advantage

3

Competitive Advantage

Why now: You need something structural: cost advantage, switching costs, network effects, brand, distribution, or a regulatory moat.

Next: Unit Economics

4

Unit Economics

Why now: This is the fastest way to separate real businesses from expensive illusions.

Next: Contribution Margin

5

Contribution Margin

Why now: This matters more than top-line bragging. It shows whether volume is your friend or enemy.

Next: Ltv Cac

6

LTV vs CAC

Why now: This is the core sanity check for many subscription, marketplace, and SaaS businesses.

Next: Customer Truth

7

Customer Truth

Why now: Understanding the job-to-be-done keeps you focused on real pain instead of internal assumptions.

Next: Product Market Fit

8

Product-Market Fit

Why now: Without it, growth tactics are fuel poured on confusion.

Next: Pricing Power

9

Pricing Power

Why now: Pricing is often the fastest path to better profit.

Next: Price Elasticity

10

Price Elasticity

Why now: You cannot price intelligently if you do not know how the market reacts.

Next: Growth Loops

11

Growth Loops

Why now: Loops are stronger than one-way funnels because they reinforce themselves.

Next: Retention

12

Retention

Why now: A business with weak retention is renting growth, not building it.

Next: Decision Trees

13

Decision Trees

Why now: This forces you to think clearly when emotion, uncertainty, or politics muddy the decision.

Next: Expected Value

14

Expected Value

Why now: This protects you from judging decisions purely by what happened afterward.

Next: Prioritization

15

Prioritization

Why now: Execution gets sloppy when everything is “important.”

Next: Feedback Loops

16

Feedback Loops

Why now: The best operators shorten the time between action, signal, and adjustment.

Next: Apply and revisit