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To quote Peter Drucker:
“Good executives focus on opportunities rather than problems”
We agree — and we’ve built Module 2 of the Pareto MBA around that principle. Most companies don’t go under because of one big mistake. They just stop evolving. They miss the next product, the next market, the next shift in how they could deliver value. Sooner or later, they get outpaced.
That’s why we spend more time on opportunities than most business programs. Because finding and evaluating your next move ("doing the right it") is one of the most important skills in business. We cover:
• How to spot early opportunities in underserved markets or fast-moving segments
• How to test an idea before you build it (pretotyping, customer development)
• Simple but powerful financial tools for evaluating opportunities: ROI, NPV, IRR — and when to use each
• How to estimate your market bottom-up (not just throwing out big numbers)
• The difference between good strategy and vague ambition
•Positioning: how to start niche and scale smart
We also talk about how opporunities come in very different shapes and forms:
• Launching a new product or feature
• Acquiring a small business and growing it
• Changing your pricing model or business model
• Consolidating a fragmented industry
... or starting something brand new from scratch. The key is not just spotting ideas — but knowing how to evaluate and act on them with limited time, money, and risk. After this module, a few focused projects often stand out:
• Test one new idea fast: no product required, just a landing page or a conversation
• Write out your strategy in plain language — challenge, direction, trade-offs
• Size a market realistically, using actual pricing and real buyer counts
• Map your best-fit customer — and what would make them say “yes” right away
• Audit your current ideas: which have real upside, and which are just noise?
This module is about sharpening your sense of direction — and building confidence that you’re spending your time where it matters most. Or, to put it differently, that you are "doing the right it". It's important to note that the concepts discussed in this module are generally applicable to all business opportunities, no matter if they occur in a big corporation or in a startup setting.
Generation
We talk about how to go about finding ideas and business opportunities in a structure manner.
Tools
We introduce more of our favorite mental models, including thinking in bets, the "creativity faucet", luck surface area, funnels and "explore versus exploit".
Assessment
Pretotyping before prototyping, building the right “it” vs. building “it” right, Steve Blank’s customer development framework (the “Lean startup” approach) and how to make top-down and bottom-up assessments.
Strategy
We talk about what a good strategy looks like and break down strategy as a level, strategy as a principle and strategy as a plan.
Positioning
We build on April Dunford with positioning as the link between strategy, marketing and sales, and how to start with a niche position and going broader with time.
Case workshop
We talk about software and SaaS with a unique case study on Reason Studios, the software behind music hits from the Weeknd, Drake and others.
200+ alumni have completed the Pareto MBA since its launch in 2023. During 2025 we will help even more busy professionals to take their business skills to the next level.
Our alumni are extremely satisfied with the Pareto MBA. They emphasize the practical approach, useful mental models, diverse group and time-efficient learning.
Our participants represent 15+ different countries and a wide range of roles, including CEOs, sales professionals, lawyers, marketers, entrepreneurs and many others.
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