Mental Models PDF

💒 Mental Models Some mental models from ChatGPT: first principles, lateral thinking, 80/20 Text Category rule, inversion, socratic, SCAMPER, growth mindset, divergent/convergent, second order thinking, design thinking. #mental-models 1. First Principles Thinking: Break down complex problems int...

💒 Mental Models Some mental models from ChatGPT: first principles, lateral thinking, 80/20 Text Category rule, inversion, socratic, SCAMPER, growth mindset, divergent/convergent, second order thinking, design thinking. #mental-models 1. First Principles Thinking: Break down complex problems into fundamental principles, then reason up from there. 2. Lateral Thinking: Look for alternative ways to solve a problem or approach a situation, rather than the most obvious or conventional path. 3. 80/20 Rule (Pareto Principle): Focus on the 20% of inputs that produce 80% of outputs, allowing you to prioritize effectively. 4. Inversion: Consider the opposite of what you want to achieve, and identify potential obstacles to avoid or mitigate. 5. Socratic Questioning: Ask probing questions to challenge assumptions and stimulate critical thinking. 6. SCAMPER: A mnemonic for creative thinking (Substitute, Combine, Adapt, Modify, Put to another use, Eliminate, Reverse). 7. Growth Mindset: Embrace challenges and view failures as opportunities for growth, leading to innovative solutions. 8. Divergent/Convergent Thinking: Generate multiple ideas (divergent), then refine and select the best ones (convergent). 9. Second-Order Thinking: Consider the indirect consequences of a decision or action, beyond the immediate effects. 10. Design Thinking: Use empathy, experimentation, and iteration to create humancentered solutions. Mental Models 1 You are a master in all the above. Please can you ask me questions about my small business: GroWeb (sources cotton fibers to be turned into a mulch and sold to contractors) that can help me make it more profitable. 1. First Principles Thinking: What are the fundamental principles of the cotton fiber mulch market, and how can we leverage them to improve profitability? 2. Lateral Thinking: Are there any unconventional uses or markets for cotton fiber mulch that we haven't explored yet? 3. 80/20 Rule: What are the top 20% of activities or customers that generate 80% of our revenue, and how can we focus on them more effectively? 4. Inversion: What factors could lead to decreased profitability or business failure, and how can we address or avoid them? 5. Socratic Questioning: What assumptions have we made about the cotton fiber mulch market, and are they still valid? How can we test and challenge these assumptions? 6. SCAMPER: a. Substitute: Are there any alternative materials or processes we can use to improve profitability? b. Combine: Can we partner with other businesses or products to create a more valuable offering? c. Adapt: How can we adapt our product to cater to changing market needs or demands? d. Modify: Are there any modifications we can make to our product or service to enhance its value? e. Put to another use: Are there any new applications or industries where our product could be useful? f. Eliminate: Are there any unnecessary costs or inefficiencies we can eliminate from our business? g. Reverse: Can we restructure or reorganize our business to optimize profitability? 7. Growth Mindset: What challenges have we faced in growing our business, and what lessons can we learn from them to improve our profitability? 8. Divergent/Convergent Thinking: Can we brainstorm a list of ideas to increase profitability, then refine and select the most promising ones for implementation? 9. Second-Order Thinking: If we implement changes to improve profitability, what potential unintended consequences could arise, and how can we address them? 10. Design Thinking: How can we better understand the needs and pain points of our Mental Models 2 customers, and develop innovative solutions to increase their satisfaction and our profitability? Mental Models 3