Q: What framework should I use when making an acquisition/purchase decision?
A: Use the “Principles of Multiple Use” to asses if the purchase helps create leverage.
Tiago Forte (of Forte Labs) has a note for his team that helps guide them when making purchasing decisions. They call it the “Arrow of Leverage”. They want all of their purchases to increase leverage across the organization.
What’s also neat is that “Price” is the last thing they consider. If a tool increases leverage enough across many people, even at a high price there’s still a positive ROI.
Actionable Question: What things am I paying for that aren’t helping me increase leverage?