FamilyFirm

The Family Firm (Emily Oster)

  • Started and bailed the same day. Too fluffly. Weak data analysis. No ERROR BARS!!!
  • Family life is a series of day-to-day logistical challenges, punctuated by big complicated, weighty, consequential decisions that you often have no idea how to even think about.

ShouldTeachKids

  • Many of the tools needed to run a family are the same as that you need to run a business.
  • Making big decision up front will allow you to make smaller decisions faster. This book advocates taking serious time to think about the question of family meals.
  • This book is at its core a business book.
  • Suggest you actually sit down and work out what you want your life to look like. Once you know some basic principles many decisions can be "triaged". Protocols
  • Re: micromanaging at home: "You're wasting your time. You're disrespecting your partner. And it doesn't matter!"
  • When your family faces a big choice use "The Four Fs" Protocols
    • Frame the Question
    • Fact-Find
    • Make a Final Decision
    • Follow-Up