What Is The Tourniquet Rule In 'Pumpkin Plan'? | Under The Covers

6 Jun 2021 · 0 min
0:27

In this brief interview, the host asks Mike Michalowicz to explain the "tourniquet rule" from his book The Pumpkin Plan. Michalowicz describes the rule as a disciplined practice of cutting off small, low‑value opportunities that dilute the growth of a business’s core offering, likening it to colossal pumpkin farming where tiny pumpkins are quickly removed with a tourniquet so the giant pumpkin can receive all nutrients. He emphasizes that entrepreneurs must be maniacally protective of their main product or service, focusing on it exclusively to achieve sustainable growth.

More from Diane

41:10
youtube.com

Why Your Business Gut Instinct Is Failing You

3w ago
2:39
youtube.com

How to Be Rejection-Proof in Business

3w ago
0:39
youtube.com

Stop Doing More of What's Failing

3w ago
1:43
youtube.com

Zero Sales on Launch Day? Do This

4w ago
39:21
youtube.com

Profitable Small Businesses Making $10K/Month

4w ago
1:07
youtube.com

The One Trait Every Entrepreneur Needs

4w ago
2:12
youtube.com

What Self-Driving Cars Teach Us About Business Failure

1mo ago
2:01
youtube.com

Why Embracing Failure Fuels Entrepreneurial Success

1mo ago
1:52
youtube.com

What Profit First Is NOT (Stop Getting It Wrong)

1mo ago
2:26
youtube.com

Why Your Gut Feeling Is Ruining Your Business

1mo ago
1:50
youtube.com

Why Everyone Roots For Taylor Swift

1mo ago
See all content