The blog post introduces Repertoire's value of "Fixing," inspired by the "Stay + Fix" mentality discussed by investor Josh Wolfe. The author believes in understanding the industry before fixing it and has hired a team with hospitality experience. They aim to create practical solutions that work and avoid being "all talk and no action." Valuing Fixing also implies a non-zero level of change and encourages questioning established ways of doing things. The author launched Repertoire to take structured action and help the hospitality industry thrive.

The blog post discusses the importance of a business's values and provides a 3-step method to determine them. It advises against choosing "fluffy" words that lack practicality and recommends inverting values to ensure they are practical. The values should be condensed and non-negotiable, and companies should envision what their business would look like if just two of the values were present.

The concept of "building in public" is where companies share their journey with the world as it's happening. This practice is rooted in the idea that transparency can become a massive competitive advantage. Sharing information can lead to unexpected opportunities and connections. Building in public is about storytelling, which can create a sense of loyalty and connection around a brand. By being transparent and strategic in sharing, businesses can reap the benefits of building in public.

Have you ever heard of the popular 10,000 hour rule, popularized by Malcolm Gladwell in his book Outliers? The rule states that in order to achieve mastery in a particular field, one must log 10,000 hours of deliberate practice. However, this notion might not be as straightforward as it seems.