b.cognosco

Becoming a better quick study of new markets and technology

Tim Oren offers his process for coming up to speed on a new market or technology. Although it's oriented towards his specific needs as a VC evaluating potential investments, it is general enough to offer an excellent starting point for any of us whose lives are characterized by having to make sense out of new environments on a regular basis. Certainly, there have been times in my career as a consultant when it seems that the primary skill requirement is to be an adept quick study on anything.

Here's Tim's key graf:

There are two observations behind this methodology. First, every technology and market has a private language. It's built of terms of art, but also names of landmarks such as products, famous papers and projects, labs, and researchers and other experts. To begin to understand the market you need to learn this language. Fortunately, such a distinctive use of language and interlinkage of people and information artifacts is the very best thing you can have to feed Google or other modern search tools. The second observation is that the best way to learn a field is to watch experts argue about it. [Due Diligence]

I would add two suggestions to his approach. First, give some thought to using a mindmap or something similar to manage your growing knowledge base. I'm a fan of MindManager for this kind of effort, and the newest version adds a number of new features to support this kind of organic research strategy. Jerry Michalski is a fan of a product called Personal Brain. I used it a few years back and, while I liked it, ultimaely concluded that mindmaps suited me better. Second, give some thought to how you want to manage the collection of electronic resources (links, captured webpages, pdf files, etc) you will ultimately collect. Lately, I've been having success with a combination of MindManager and Onfolio.