Hey friends,
This week, I wanted to share something more personal with you. A few months ago, I relistened to a book that has profoundly influenced me: The Lean Startup by Eric Ries. This book played a crucial role in the early days of launching and growing this newsletter. Here are some reflections on why it had such a significant impact on me:
You can buy it here
1. Start small and build incrementally
One of the most important concepts I learned from The Lean Startup is the idea of the Minimum Viable Product (MVP). Instead of waiting until everything was perfect, I decided to launch Sunday Compass with a simple, straightforward format. This allowed me to start sharing valuable content with you all much sooner than if I had waited for perfection.
Lesson: Launching with a basic version helped me overcome the fear of imperfection and start delivering value immediately.
2. Embrace validated learning
Validated learning is at the heart of Ries’s methodology. From the beginning, I’ve made it a priority to gather feedback from you, my readers. Your insights help me understand what works and what doesn’t. For example, your responses have guided me to focus more on certain topics and less on others, ensuring that the content remains relevant and engaging.
Lesson: Your feedback is my compass. It guides the direction and improvement of each issue.
3. Pivot or persevere
One of the hardest lessons is knowing when to stick with something and when to change direction. There have been moments when certain ideas or formats didn’t resonate as I had hoped. Instead of giving up, I used your feedback to pivot – whether it was tweaking the content, changing the layout, or introducing new features. These pivots have been crucial in making Sunday Compass better with each edition.
Lesson: Flexibility and willingness to change based on your feedback have been key to our growth.
4. Continuous innovation and experimentation
Ries encourages a culture of constant experimentation, and I’ve taken this to heart. From themed issues to interactive content, I’ve tried to keep things fresh and exciting. Not every experiment is a success, but each one teaches me something valuable.
Lesson: Trying new ideas keeps the newsletter dynamic and engaging. Your reactions to these innovations help me learn and grow.
5. Measure what matters
In The Lean Startup, Ries emphasizes the importance of actionable metrics. For Sunday Compass, I’ve focused on tracking open rates, click-through rates, and subscriber growth. These metrics aren’t just numbers; they tell a story about what you, the readers, find valuable. This data-driven approach helps me make informed decisions and continually improve the newsletter.
Lesson: Paying attention to key metrics helps me understand what’s working and where there’s room for improvement.
How these principles shape Sunday Compass
As I reflect on our journey, it’s clear that the principles from The Lean Startup have been instrumental in shaping Sunday Compass. By staying customer-focused, being adaptable, and continuously learning and experimenting, I aim to make this newsletter a valuable part of your week.
Thank you for being part of this journey. Your support and feedback are what make Sunday Compass possible. I’m excited to keep learning and growing with you.
Have a great week!
Fernando
⚓ Maritime Term of the Week
P&I
In the maritime industry, P&I stands for Protection and Indemnity. It is a type of marine insurance that covers a wide array of risks related to the operation of a vessel, primarily focusing on third-party liabilities.
Importance of P&I in Maritime Business
Comprehensive liability coverage:
Third-party injury or death: Covers liabilities arising from injury or death of crew members, passengers, and other third parties.
Cargo claims: Provides protection against claims for damaged or lost cargo.
Pollution: Covers costs associated with oil spills and other forms of pollution, including clean-up operations and fines.
Legal and regulatory compliance:
Maritime liens: Protects against claims arising from unpaid wages, port fees, and other maritime liens.
Fines and penalties: Covers fines imposed for regulatory breaches, such as violations of environmental laws.
Operational continuity:
Wreck removal: Covers the cost of removing a sunken or stranded vessel.
Collision and property damage: Protection against claims resulting from collisions with other vessels or damage to property.
Baltimore bridge collapse, great example of the importance to have a solid P&I
Key components of P&I coverage
Personal injury and illness: Covers medical costs and compensation for injuries or illnesses of crew, passengers, and third parties.
Pollution liability: Provides coverage for the cleanup and legal costs associated with accidental pollution.
Wreck removal: Includes costs for removing a wrecked vessel to prevent navigational hazards.
Cargo liability: Protection against claims for loss or damage to cargo while in transit.
Collision liability: Covers damages and legal costs from collisions with other vessels.
Considerations when choosing a P&I club
Reputation and financial stability: Choose a P&I club with a strong financial standing and good reputation to ensure reliable support in case of claims.
Coverage and limits: Evaluate the extent of coverage and the limits offered by the P&I club. Ensure it aligns with the operational needs of your vessel.
Service and support: Consider the quality of service, including legal support, claims handling, and risk management services provided by the P&I club.
Cost of premiums: Compare premiums among different P&I clubs, balancing cost with the level of coverage and support offered.
International reach: Ensure the P&I club has a global network to provide assistance and support in international waters.
In summary
P&I insurance is crucial for managing the myriad of risks associated with maritime operations. When selecting a P&I club, consider factors like coverage extent, financial stability, service quality, and international support. Comprehensive P&I coverage ensures your maritime business can navigate the complexities of liability and regulatory compliance efficiently.
Remember, you can suggest topics by replying to this email or sending me a DM and stay tuned for more maritime insights next week!
🚀 My Personal Growth Discoveries
📺 Youtube Video: The PERFECT Mobility Routine to FIX YOUR SIT (3 Min/Day)
This week, I want to share some fantastic insights from a video I recently watched by Jeremy Ethier titled "The PERFECT Mobility Routine to FIX YOUR SIT (3 Min/Day)." As someone who spends a lot of time working in an office, I found these tips incredibly useful, and I believe they can benefit many of you as well.
Best Lessons from the video
1. Importance of mobility
The video emphasizes the negative impact prolonged sitting can have on our bodies, leading to poor posture, back pain, and reduced mobility. Jeremy Ethier provides a simple, 3-minute daily routine designed to counteract these effects and improve overall mobility.
2. Targeted exercises
The routine includes specific exercises that target common problem areas for office workers:
Hip flexor stretch: To combat tight hip flexors from sitting.
Thoracic extension: To improve upper back mobility.
Glute bridge: To activate and strengthen the glutes, which can become inactive from long periods of sitting.
3. Consistency is key
Jeremy stresses the importance of consistency. Even dedicating just a few minutes a day can lead to significant improvements over time.
How I integrated these lessons
Incorporating these exercises into my daily routine has been a game-changer. Here’s how I did it:
Morning stretch: I start my day with the hip flexor stretch and thoracic extension exercises to wake up my body and prepare for the day ahead.
Midday break: I take a break around lunchtime to do the glute bridge exercise. It’s a great way to re-energize and reset after a morning of sitting.
End of day routine: I finish my workday with another round of all three exercises, ensuring I’m not carrying any stiffness or tension into the evening.
Why this matters
If you’re like me and spend a lot of time sitting at a desk, integrating these mobility exercises can make a huge difference in how you feel and perform daily. Not only can these exercises help alleviate pain and improve posture, but they also contribute to overall well-being and productivity.
Give it a try and see how this simple, effective routine can benefit you!
🧠 Wisdom Gems I Heard
Once you see your potential, the grind becomes adictive
Thank you for reading and have a great week!
🌟 Sponsorship Opportunities Available! 🌟
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