DRAFT — assembled from the store. Every element is read from the library; the video is cued to a coded passage.
Exponential Entrepreneurs

The 97  ›  Leverage

Knowledge Trapping Asymmetry

The point

Asymmetry means getting more than normal: commit that I want to have an information trapping knowledge asymmetry, I want to take in more usable knowledge. Breakthroughs come from outside the industry.

Jay Abraham · Two Day Rapid-Result "Instant Immersion" — Day 2 Cued to 5:42:25 5 min 0 sec loading…

Why it matters

Every day, the most valuable knowledge in your market moves straight past you. A competitor makes a move. A client's world shifts. A trend turns before anybody in your sector notices. You either trap it and put it to work, or you forfeit it to somebody who will.

Information trapping is building the system once so it catches the flow while you sleep. You set the trap, and from then on every article, every competitor move, every shift in your field arrives on its own. It works while you are away from your desk, and the knowledge keeps accumulating whether or not you are there to watch it.

What that produces is knowledge asymmetry, and it is an unfair advantage in the most literal sense. When you know what your market does not yet know, every decision you make is made from higher ground. You see the opening first and you take it first — you set the price, you name the trend, and you take the position while everybody else is still guessing.

And it compounds the way the grain on the chessboard compounds. Place one grain on the first square and double it on every square after, and by the last square a single grain has become a mountain no kingdom could pay. Trap a little every day and each day stands on the sum of all the days before it.

The mistake almost everyone makes

Trapping the flow and never reading it. A folder filling with alerts nobody opens is not knowledge asymmetry, it is a second inbox. The trap is half the system; the standing half-hour that reads it is the other half.

The test: Ask what changed in your market in the last thirty days and where you learned it. If the answer is a client told us, you are downstream of your own information.

Where it shows up — 8 worked examples

WhoWhat happened
ZillowThe Zestimate gave every homeowner a reason to visit long before they were ready to transact, and the visits became the data.
UberIts real asset is a real-time market that gets better at matching, routing and pricing the more of it there is.
TSMCIs trusted with the most advanced manufacturing roadmaps on earth, which means it sees where the industry is going before the industry does.
A high-end oven makerAdvertised temperature precision for years until it learned the real trigger was status and the admiration of guests.
Dot FoodsRedistributes for about a thousand manufacturers into thousands of distributors, watching demand move across the middle of the trade before either end sees it.
BreadfastBakes and delivers its own groceries in Cairo, so yesterday's order book tells it what to bake tomorrow before any supplier could report it.
Napoleon HillSpent twenty years interviewing five hundred successful people, then built a publishing business on an account of how they worked nobody else held.
Robert CollierKept the results of every mailing he ever sent, so he knew which appeal would land before spending a dollar on the next one.

What it solves

The words a business owner uses for this before anybody has told them the name of it. If one of these is a sentence you have said out loud, this is your strategy.

  • We learn things from our clients“Most of what we find out about our own market arrives second-hand from a customer mentioning it.”A trap set once that catches the flow while you sleep, so you stop being downstream of your own market.
  • Research happens when there is a crisis“We look properly at our competition when something goes wrong, and not otherwise.”Continuous accumulation instead of occasional panic, which is what turns information into an advantage rather than a scramble.
  • The alerts pile up unread“We set all this up a while ago and nobody has opened the folder in months.”The half hour that turns a folder into knowledge, which is the half of the system everybody builds without and nobody benefits from.
  • Our knowledge lives in people's heads“Two people here know most of what we know, and if either left we would be starting again.”An accumulation that belongs to the business rather than to two people, and survives either of them leaving.
  • We are always reacting“Every move we make is an answer to a move somebody else already made.”Seeing the shift before the market does, which is what lets you set the price and name the trend instead of answering somebody else's move.
  • The advisor's version“What I sell is being better informed than my client, and I have no system for staying that way.”A system for staying better informed than the client, which is the thing they are actually paying for and the thing that decays fastest.

The challenge

Set the trap, then book the half hour.

Set up alerts on the five things that would change your decisions: your three closest competitors by name, the term your buyers use for the problem you solve, and the regulation or technology most likely to move your market. That takes twenty minutes. Then book a recurring half hour once every seven days to actually read what the trap caught and write one line about what it means. The trap without the half hour is a folder; the half hour is where the asymmetry comes from.

How you will know it is done Five alerts set on named subjects, a recurring half hour in the diary, and the first seven days' reading written up in a single line.

The AI layer · second pass

Once this is working, here is what to multiply

Improve the system first. Then multiply it. This panel is the second run at the strategy above, and it is deliberately useless until the first run is done.

Before you point anything at this You have set the alerts and sat through the regular half hour reading what they caught.
What it multiplies Widening the trap far past your own industry, reading everything it catches overnight, and putting the three items that would change a decision in the next seven days in front of you.
The trap Averaging away the anomaly. A summariser hands back what most sources agreed on, and the item worth trapping is precisely the one nobody else has repeated yet, smoothed into a tidy paragraph before it ever reaches your eye.