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Every company problem sounds the same after a while: “Wait… who owns this?” Titles aren’t about ego. They’re about ownership. That’s why Winston Weinberg likes “Head of” at Harvey. It’s explicit. One thing. One owner. No squirming. Multiple owners = dead plants. No owner = dead company. You don’t...

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Brian Halligan

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21,825 просмотров • 7 месяцев назад •via X (Twitter)

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Keith Rabois on the “one person, one problem" framework he learned from Peter Thiel “You need to spend a lot of time focusing people. This is something I learned from Peter Thiel. He used to insist at PayPal that every single person could only do exactly one thing. And we all rebelled. You feel like it’s insulting to be asked to do just one thing, but Peter would enforce this pretty strictly.” Thiel would say: “I will not talk to you about anything else except for this one thing that I’ve assigned to you. I don’t want to hear about how great your doing in this other area. Just focus until you conquer this one problem.” Keith explains: “The insight behind this is that most people will solve problems that they understand how to solve. Roughly speaking, they will solve B+ problems instead of A+ problems. A+ problems are high-impact problems for your company but they’re difficult—you don’t wake up in the morning with a solution to them, so you tend to procrastinate… If you have a company that’s always solving B+ problems, you’ll grow and add value, but you’ll never create the breakthrough idea because no one is spending 100% of their time banging their head against the wall every day until they solve it.” Video source: Y Combinator (2014)
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Keith Rabois on the “one person, one problem" framework he learned from Peter Thiel “You need to spend a lot of time focusing people. This is something I learned from Peter Thiel. He used to insist at PayPal that every single person could only do exactly one thing. And we all rebelled. You feel like it’s insulting to be asked to do just one thing, but Peter would enforce this pretty strictly.” Thiel would say: “I will not talk to you about anything else except for this one thing that I’ve assigned to you. I don’t want to hear about how great your doing in this other area. Just focus until you conquer this one problem.” Keith explains: “The insight behind this is that most people will solve problems that they understand how to solve. Roughly speaking, they will solve B+ problems instead of A+ problems. A+ problems are high-impact problems for your company but they’re difficult—you don’t wake up in the morning with a solution to them, so you tend to procrastinate… If you have a company that’s always solving B+ problems, you’ll grow and add value, but you’ll never create the breakthrough idea because no one is spending 100% of their time banging their head against the wall every day until they solve it.” Video source: Y Combinator (2014)

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This is so good. “Take courage.” Take courage. Now, that seems like kind of a weak response, doesn’t it? Maybe some kind of a pep talk. You probably have had people tell you in the midst of your worst fears, and anxieties, and disappointments, and distress, and trouble – and somebody says, “Take courage.” And sometimes you want to whack them, as if they don’t even understand the depth of your problem with such a superficial answer. What do you mean? It’s a lot more complicated than that. Buck up, buddy, you know? That’s not going to work. And there’s a reason that’s not going to work when you say it: because you have absolutely no power over the circumstances, right? It’s a nice gesture. Cheer up. But you have no power over the circumstances. But there is one who does. When Jesus says, “Take courage,” that’s a different issue. There’s quite a remarkable use of the word here. It’s one word. “Take courage,” or cheer up, is one word: tharseite. One word in the Greek. It’s a verb form, and it’s in the imperative. It’s a command. Okay? Listen to this. Every time that word is used, and it’s used many times in the gospels and the New Testament – every time that word is used in the New Testament, it is in the imperative. It is a command. Cheer up. Take courage. Now, listen to this. Every time it is used in the New Testament, it is spoken by Jesus. No one else ever says that in the New Testament. That is a whole different issue. If the Lord Jesus, who is in control of absolutely everything, says, “Cheer up,” that’s different. That’s completely different. This is not just a well-intentioned pep talk. On the other hand, this is an absolutely divine promise. The disciples are distressed, to put it mildly. They’re afflicted. They’re pressured. They don’t know how they’re going to survive without Christ. He’s all they’ve known for three years. And our Lord says to them: “Cheer up. I’m going to tell you three things that should bring you joy. One, you are loved by God. Two, you are in God’s everlasting care. Three, God has a promise for your future.” You have love you have faith, and you have hope. You are loved by God. You believe in God. You hope in God. That’s all you need – to be loved by God, to be entrusted into God’s eternal care, and to have Him promise you a glorious future is all you need. — John MacArthur

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no one talks enough about how skilled and synchronized you have to be as a group to perform this song LIVE while hitting those notes every few seconds, all while keeping the energy and facial expressions up that you don’t need camera work to make the performance fun to watch 😭

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Peter Thiel on why the name of your startup is predictive of success or failure “This is a slight aesthetic thing that I believe in very strongly: the names of companies are often very predictive of future failure or success.” PayPal and Napster are the first example Thiel gives: “PayPal was a very friendly name — it was the friend that helps you pay. Napster was a bad name — you nap some music, you nap a kid. That sounds like a bad thing to be doing, and it’s no wonder the government then comes in and shuts the company down within a few years.” “You want to be very careful of how you name companies,” Thiel warns founders. In the context of the sharing economy, he likes Airbnb more than Uber: “Airbnb sounds very innocent like this virtual bread and breakfast — this very light, non-threatening sort of company. Uber sounds like a bad name from Germany sometime in the 1930s. What are you exactly above? Maybe the law? This is probably something that, again from a regulatory perspective, I think Airbnb is a vastly better name than Uber.” And on the social networking side, Thiel likes Facebook more than MySpace: “You can say that all these social networks involve both reading and writing… Over time, reading dominates writing. Facebook was about learning about people around you — about their real identities at Harvard. MySpace started among wannabe actors in Los Angeles, and it was about them coming up with fictional narratives around themselves and a lot of other people in LA who are generally like that. And because reading dominates writing, Facebook would ultimately dominate MySpace. There’s a certain version where the whole arc of the company and the whole product arc was implicit in the names.” Video source: Mercatus Center (2015)

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Ben Horowitz on the two things every successful technology startup must do 1. Build a product that improves how some large group of people does something by 10x. “You have to build a transformational product. There is no way to build a great new company without a great product… If you look at the great technology companies, the thing that distinguishes them is the ability to keep coming up with a better way of doing things.” 2. Taking the market. “You can come up with the best product, but if you don’t [take the market], you really don’t have a company. Most technology businesses are network effects businesses. You have to win… If you’re an engineer, what business skills do you need to build a technology company? They’re all around the skills that you need to win the market. How do you out-market, out-sell, and beat the competition?… Do you build a good enough company that you go win?” Video source: UC Berkeley (2009)

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Ben Horowitz explains the two things every successful technology startup must do 1. Build a product that improves how some large group of people does something by 10x. “You have to build a transformational product. There is no way to build a great new company without a great product… If you look at the great technology companies, the thing that distinguishes them is the ability to keep coming up with a better way of doing things.” 2. Taking the market. “You can come up with the best product, but if you don’t [take the market], you really don’t have a company. Most technology businesses are network effects businesses. You have to win… If you’re an engineer, what business skills do you need to build a technology company? They’re all around the skills that you need to win the market. How do you out-market, out-sell, and beat the competition?… Do you build a good enough company that you go win?” Video Source: UC Berkeley

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