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I'm not ashamed to admit it: Building a scalable platform is brutal. It's really, really hard. I've faced the classic investor pushback, too. One IIT entrepreneur-turned-investor even told me that I wouldn't get funded because I was "too old" and had "been around too long." Typical herd mentality. Here's...

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S. Anil Kumar

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12,478 Aufrufe • vor 2 Monaten •via X (Twitter)

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Naval Ravikant’s advice for raising venture capital: “It is an emotional sale, not a rational sale” “The process of raising money from an investor, a friend of mine once joked, is the process of young men and women seducing old men and women. You’re essentially trying to get them to look at you, and to see themselves in you… And so it is an emotional sale. It is not a rational sale. And you have to understand that at its core level.” And as Naval explains, emotional sales do not happen via checklists. For example, it’s rare to fall in love with someone because they check a bunch of boxes (e.g. pretty good looking, pretty nice, pretty smart, etc.). “Usually there is one thing about the person that is so overwhelming that makes you fall in love with them. And in that same way, when an investor is deciding to make an investment in a startup, they usually look for one exceptional characteristic about the startup that they truly adore.” Naval believes there are four categories in which you can really excel: 1. Team. “If you can show that you have done something exceptional, other than starting this company, that’s a huge thing.” 2. Product. “A lot of entrepreneurs make the mistake of showing investors a half-finished or not-working product and then try and explain their way around it. The reality is investors are users also, so they’re highly visual. They want to see it. They want to play with it. And they’ll make up their mind very quickly.” 3.Customer traction. “If you have users and if those users are organically joining and growing, that’s very good. If you have to say: give us money and then I’ll go get customers, they don’t like to hear that.” 4. Social proof. “Social proof is basically looking at what other people are doing and doing that. So in the investing context, what this means is if you have one investor committed, very often you can get more investors interested. Or if you have a famous entrepreneur or advisor who’s very knowledgeable, involved with with the company, that can help bring investors.” Naval concludes: “So those are the four criteria that I think most investors look at, and you really want to be exceptional at at least one of them.
2:50

Naval Ravikant’s advice for raising venture capital: “It is an emotional sale, not a rational sale” “The process of raising money from an investor, a friend of mine once joked, is the process of young men and women seducing old men and women. You’re essentially trying to get them to look at you, and to see themselves in you… And so it is an emotional sale. It is not a rational sale. And you have to understand that at its core level.” And as Naval explains, emotional sales do not happen via checklists. For example, it’s rare to fall in love with someone because they check a bunch of boxes (e.g. pretty good looking, pretty nice, pretty smart, etc.). “Usually there is one thing about the person that is so overwhelming that makes you fall in love with them. And in that same way, when an investor is deciding to make an investment in a startup, they usually look for one exceptional characteristic about the startup that they truly adore.” Naval believes there are four categories in which you can really excel: 1. Team. “If you can show that you have done something exceptional, other than starting this company, that’s a huge thing.” 2. Product. “A lot of entrepreneurs make the mistake of showing investors a half-finished or not-working product and then try and explain their way around it. The reality is investors are users also, so they’re highly visual. They want to see it. They want to play with it. And they’ll make up their mind very quickly.” 3.Customer traction. “If you have users and if those users are organically joining and growing, that’s very good. If you have to say: give us money and then I’ll go get customers, they don’t like to hear that.” 4. Social proof. “Social proof is basically looking at what other people are doing and doing that. So in the investing context, what this means is if you have one investor committed, very often you can get more investors interested. Or if you have a famous entrepreneur or advisor who’s very knowledgeable, involved with with the company, that can help bring investors.” Naval concludes: “So those are the four criteria that I think most investors look at, and you really want to be exceptional at at least one of them.

Startup Archive

57,689 Aufrufe • vor 1 Jahr

Naval Ravikant’s advice for raising venture capital: “It is an emotional sale, not a rational sale” “The process of raising money from an investor, a friend of mine once joked, is the process of young men and women seducing old men and women. You’re essentially trying to get them to look at you, and to see themselves in you… And so it is an emotional sale. It is not a rational sale. And you have to understand that at its core level.” And as Naval explains, emotional sales do not happen via checklists. For example, it’s rare to fall in love with someone because they check a bunch of boxes (e.g. pretty good looking, pretty nice, pretty smart, etc.). “Usually there is one thing about the person that is so overwhelming that makes you fall in love with them. And in that same way, when an investor is deciding to make an investment in a startup, they usually look for one exceptional characteristic about the startup that they truly adore.” Naval believes there are four categories in which you can really excel: Team. “If you can show that you have done something exceptional, other than starting this company, that’s a huge thing.” Product. “A lot of entrepreneurs make the mistake of showing investors a half-finished or not-working product and then try and explain their way around it. The reality is investors are users also, so they’re highly visual. They want to see it. They want to play with it. And they’ll make up their mind very quickly.” Customer traction. “If you have users and if those users are organically joining and growing, that’s very good. If you have to say: give us money and then I’ll go get customers, they don’t like to hear that.” Social proof. “Social proof is basically looking at what other people are doing and doing that. So in the investing context, what this means is if you have one investor committed, very often you can get more investors interested. Or if you have a famous entrepreneur or advisor who’s very knowledgeable, involved with with the company, that can help bring investors.” Naval concludes: “So those are the four criteria that I think most investors look at, and you really want to be exceptional at at least one of them.
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Naval Ravikant’s advice for raising venture capital: “It is an emotional sale, not a rational sale” “The process of raising money from an investor, a friend of mine once joked, is the process of young men and women seducing old men and women. You’re essentially trying to get them to look at you, and to see themselves in you… And so it is an emotional sale. It is not a rational sale. And you have to understand that at its core level.” And as Naval explains, emotional sales do not happen via checklists. For example, it’s rare to fall in love with someone because they check a bunch of boxes (e.g. pretty good looking, pretty nice, pretty smart, etc.). “Usually there is one thing about the person that is so overwhelming that makes you fall in love with them. And in that same way, when an investor is deciding to make an investment in a startup, they usually look for one exceptional characteristic about the startup that they truly adore.” Naval believes there are four categories in which you can really excel: Team. “If you can show that you have done something exceptional, other than starting this company, that’s a huge thing.” Product. “A lot of entrepreneurs make the mistake of showing investors a half-finished or not-working product and then try and explain their way around it. The reality is investors are users also, so they’re highly visual. They want to see it. They want to play with it. And they’ll make up their mind very quickly.” Customer traction. “If you have users and if those users are organically joining and growing, that’s very good. If you have to say: give us money and then I’ll go get customers, they don’t like to hear that.” Social proof. “Social proof is basically looking at what other people are doing and doing that. So in the investing context, what this means is if you have one investor committed, very often you can get more investors interested. Or if you have a famous entrepreneur or advisor who’s very knowledgeable, involved with with the company, that can help bring investors.” Naval concludes: “So those are the four criteria that I think most investors look at, and you really want to be exceptional at at least one of them.

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It's not important that your partner is an identical copy of you. It's important that they're not, that they bring something else to the table that you don't have. Now, in the context of entrepreneurship, because that's what I'm associated with, you need to find somebody that's willing to put up with the fact that you're just never there. I mean, that's very difficult because if you're running a business and you can't have a balanced life when you're an entrepreneur. It's really about finding that person that understands what you're about, that you're going down that journey and that you're not gonna stop doing it.
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It's not important that your partner is an identical copy of you. It's important that they're not, that they bring something else to the table that you don't have. Now, in the context of entrepreneurship, because that's what I'm associated with, you need to find somebody that's willing to put up with the fact that you're just never there. I mean, that's very difficult because if you're running a business and you can't have a balanced life when you're an entrepreneur. It's really about finding that person that understands what you're about, that you're going down that journey and that you're not gonna stop doing it.

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This isn’t about dream 💭 crushing .. this is about the power of self awareness and humility … don’t put entrepreneurship on a pedestal … now this doesn’t mean don’t go try things .. so many should try things … but don’t create ideologies that are grounded in delusion. If you have never sold anything or made money from an idea ever in your life at 34 and you’ve been … THINKING ABOUT IT … it’s likely they you aren’t an entrepreneur and guess what .. that’s ALL RIGHT! And if you see this and read this and still are like “nah Fuck you Gary” then I highly recommend going to work for an entrepreneur for a year or 2 and be as close to her or him as you can to “learn” and see if you’re about it! This goes for any of these too.. want to be a Content Creator, Social Media Influencer, Gamer, Professional Athlete, Performer, Musician, Actor, Artist, Freelancer, Independent Consultant, Startup Founder, Tech Entrepreneur, Digital Product Creator, Digital Entrepreneur, Independent Artist Designer, Self-Employed Service Provider, Coach, Consultant, Trainer, Fitness Entrepreneur, Lifestyle Entrepreneur and you haven’t yet .. maybe go work for one

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1:15

Scott on why conviction in an idea is dangerous as an investor but required as a founder: "From the investor seat, I don't think you want to be in love with an idea. That's a risky thing because you'll find a way to express that by investing and make some compromises on the team because you know this idea is just so good, its time has come. But if the team isn't there, 90% of the time it doesn't work. Then there's a whole thing can you swap out the team? But the whole Founders Fund thesis was always no, you need the founder to run the company. But on the company side, you have to be in love with the idea. It's not that rational to start a company. There's a lot easier, more comfortable ways to make money if that's the goal. So it's got to be about what the company is doing specifically. If you want to actually start a company, it better be something that you're really passionate about, or you think that the problem is really important."

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4:30 AM. I've been up all night working… again. Not the smartest move with a full workday ahead, but there's something peaceful about an early morning walk with my dog and petting the neighborhood street dogs. This moment feels very different from so many sleepless nights over the first decade and a half of building Jodi365 — one existential crisis after another, the classic Founder's Struggle. People say about my success: "I persevered." That's true. But here's the truth: Startups don't just die when they run out of money. They die when the founder runs out of energy. Jodi365 should have died at least half a dozen times. There were nights I asked myself, "How deep are my emotional reserves?" I'm incredibly proud that I had the stomach to keep going. It came at a cost — including a failed marriage — but I am pleased that my team and I get to create real, meaningful impact in people's lives every single day. To every entrepreneur out there fighting the good fight: Pivot when you need to. Lean on wise people in your circle. Sleep well. Eat right. Work out regularly. You need to have a sound mind in a healthy body. But above all: Keep the faith! You've got this. Save this if you're in the struggle right now. Tag an entrepreneur who could use the encouragement. And for more unfiltered perspectives not only on life, love, and relationships, but also careers and entrepreneurship, follow along. ❤️
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4:30 AM. I've been up all night working… again. Not the smartest move with a full workday ahead, but there's something peaceful about an early morning walk with my dog and petting the neighborhood street dogs. This moment feels very different from so many sleepless nights over the first decade and a half of building Jodi365 — one existential crisis after another, the classic Founder's Struggle. People say about my success: "I persevered." That's true. But here's the truth: Startups don't just die when they run out of money. They die when the founder runs out of energy. Jodi365 should have died at least half a dozen times. There were nights I asked myself, "How deep are my emotional reserves?" I'm incredibly proud that I had the stomach to keep going. It came at a cost — including a failed marriage — but I am pleased that my team and I get to create real, meaningful impact in people's lives every single day. To every entrepreneur out there fighting the good fight: Pivot when you need to. Lean on wise people in your circle. Sleep well. Eat right. Work out regularly. You need to have a sound mind in a healthy body. But above all: Keep the faith! You've got this. Save this if you're in the struggle right now. Tag an entrepreneur who could use the encouragement. And for more unfiltered perspectives not only on life, love, and relationships, but also careers and entrepreneurship, follow along. ❤️

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Tony Bennett shares a masterclass on humility and why most people get it wrong. "When we talk to our young men about what humility means, it's twofold and sometimes it's not what you think." "Don't think too highly of yourself. If you wanna turn people off, walk around arrogantly thinking you own this place." "But we also talk about the other aspect: don't think too lowly of yourself. That's false humility." Most people only see one side. Real humility is balanced. "Have sober judgment. That's what humility means - to really know who you are as a player, as a team. And know who you're not." It takes self-awareness to know who you are and where you want to go. Then he shared a definition that changes everything: "I heard Timothy Keller give the definition of humility as this: It's not thinking less of yourself - it's thinking of yourself less." That's the difference. Not self-doubt, but selflessness. "We're all so selfish. When your team gets past that, that's when you have success. It's been about the team and less about yourself." "People look at humility as a position of weakness. But I think it is true strength. There's power in true humility." It takes humility to be willing to learn and listen. It takes humility to be willing to admit you don't know yet. It takes humility to be unoffendable and put the team first. (🎥 UVA Basketball)
1:34

Tony Bennett shares a masterclass on humility and why most people get it wrong. "When we talk to our young men about what humility means, it's twofold and sometimes it's not what you think." "Don't think too highly of yourself. If you wanna turn people off, walk around arrogantly thinking you own this place." "But we also talk about the other aspect: don't think too lowly of yourself. That's false humility." Most people only see one side. Real humility is balanced. "Have sober judgment. That's what humility means - to really know who you are as a player, as a team. And know who you're not." It takes self-awareness to know who you are and where you want to go. Then he shared a definition that changes everything: "I heard Timothy Keller give the definition of humility as this: It's not thinking less of yourself - it's thinking of yourself less." That's the difference. Not self-doubt, but selflessness. "We're all so selfish. When your team gets past that, that's when you have success. It's been about the team and less about yourself." "People look at humility as a position of weakness. But I think it is true strength. There's power in true humility." It takes humility to be willing to learn and listen. It takes humility to be willing to admit you don't know yet. It takes humility to be unoffendable and put the team first. (🎥 UVA Basketball)

Coach AJ 🎯 Mental Fitness

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why Rogan believes wanting the money is the thing that stops you from getting it MrBeast: "I would argue it's not even just for content creation. If you want to be an accountant or really anything, it's just put in a lot of hours, do a lot of iterations, surround yourself with great people, and obsess over it. Stay focused, consume it. And then recognize, you might be like, 'Oh, well, this person did it in 10 months. Why is it taking me so long?' It's average and statistics. Just give yourself enough time frame. I'm not saying you'll make tens of millions of dollars, but if you want to do that thing for a living, if you follow those trades, it's going to happen eventually." Rogan: "Well, you have to be process-oriented, not goal-oriented. The process is getting better at stuff. The goal of being financially secure comes with it eventually. But if you think 'I want X amount of money,' well, that's what you're going to think about. You're not going to think about the actual thing you're making, so it won't be as good, so you'll probably never get there."
0:45

why Rogan believes wanting the money is the thing that stops you from getting it MrBeast: "I would argue it's not even just for content creation. If you want to be an accountant or really anything, it's just put in a lot of hours, do a lot of iterations, surround yourself with great people, and obsess over it. Stay focused, consume it. And then recognize, you might be like, 'Oh, well, this person did it in 10 months. Why is it taking me so long?' It's average and statistics. Just give yourself enough time frame. I'm not saying you'll make tens of millions of dollars, but if you want to do that thing for a living, if you follow those trades, it's going to happen eventually." Rogan: "Well, you have to be process-oriented, not goal-oriented. The process is getting better at stuff. The goal of being financially secure comes with it eventually. But if you think 'I want X amount of money,' well, that's what you're going to think about. You're not going to think about the actual thing you're making, so it won't be as good, so you'll probably never get there."

Naruto

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🚨 JD VANCE ON GROWING UP IN A HOUSEHOLD WITH ADDICTION: THEO VON: "Do you have any advice for young people who have parents who struggle with alcoholism or addiction?" JD VANCE: "Take this for what it's worth, but if you're a kid and you're in an environment that has a lot of addiction, you have to make sure you're taken care of. Don't get yourself into a situation where your parents are struggling and now you're struggling too. You cant help them out if you're also struggling. Number two, don't get resentful, and try to keep your heart as open as possible. You have to compartmentalize. There's the addict version of your parents but there's also a good version who read you a book or took you to a movie. If you allow you to get totally resentful, it doesn't just affect them, it affects you too. Don't let your parent's addiction become something that destroys you as well. Try even going to the AA or NA meetings with your parents. You'll learn more about their addiction. These meetings are real life. It's human nature in all of its splendor, its virtue, and its vice." Wow -- this is so emblematic of JD's life experience. This is the clip that sums it all up. It shows the struggle and wisdom he gained from a tougher upbringing.
2:14

🚨 JD VANCE ON GROWING UP IN A HOUSEHOLD WITH ADDICTION: THEO VON: "Do you have any advice for young people who have parents who struggle with alcoholism or addiction?" JD VANCE: "Take this for what it's worth, but if you're a kid and you're in an environment that has a lot of addiction, you have to make sure you're taken care of. Don't get yourself into a situation where your parents are struggling and now you're struggling too. You cant help them out if you're also struggling. Number two, don't get resentful, and try to keep your heart as open as possible. You have to compartmentalize. There's the addict version of your parents but there's also a good version who read you a book or took you to a movie. If you allow you to get totally resentful, it doesn't just affect them, it affects you too. Don't let your parent's addiction become something that destroys you as well. Try even going to the AA or NA meetings with your parents. You'll learn more about their addiction. These meetings are real life. It's human nature in all of its splendor, its virtue, and its vice." Wow -- this is so emblematic of JD's life experience. This is the clip that sums it all up. It shows the struggle and wisdom he gained from a tougher upbringing.

Autism Capital 🧩

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Bill Maher reveals why flying private has become frustrating Bill: "It became, first of all, too many crypto guys with too much money chasing too few jets. I never bought. I didn't want to own one. That's right." "Because then everything is your problem. You have to hire the pilots and keep them on. You have to get a hangar. You have to do the landing, right? I was like, 'No, the maintenance, the whole thing.'" "Yes. Let me just add, this happened a few times. If you're renting it and it doesn't work on the runway, which happened more and more—it's one reason I'm stopping—more and more there was the, 'There's something wrong with the computer.' Like, they will get you another plane." Byron: "Not as pretty. Not as good." Bill: "Or better." Bill: "Or better. I was once halfway to Florida, problem. Flew all the way back to LA and they had a much bigger, faster plane waiting for me. That's the advantage over not having your plane. As most of you people listening know, if there's one thing I tell the young comedians, relate to your audience. Do things they can relate to, for God's sakes." Byron: "Don't go out there and do the first half hour about your private jet." Bill: "But it's true. Too many crypto guys chasing too many jets." Byron: "Yeah." Bill: "Too many, like, the number of times there was, 'Oh, there's a problem,' just increased. I don't know why that is. I don't know if the jets got worse or maybe it was just people who are stoned who are working in this industry. I don't know. But I never had a good feeling even about the private jet, like, is there going to be some problem today?"
1:49

Bill Maher reveals why flying private has become frustrating Bill: "It became, first of all, too many crypto guys with too much money chasing too few jets. I never bought. I didn't want to own one. That's right." "Because then everything is your problem. You have to hire the pilots and keep them on. You have to get a hangar. You have to do the landing, right? I was like, 'No, the maintenance, the whole thing.'" "Yes. Let me just add, this happened a few times. If you're renting it and it doesn't work on the runway, which happened more and more—it's one reason I'm stopping—more and more there was the, 'There's something wrong with the computer.' Like, they will get you another plane." Byron: "Not as pretty. Not as good." Bill: "Or better." Bill: "Or better. I was once halfway to Florida, problem. Flew all the way back to LA and they had a much bigger, faster plane waiting for me. That's the advantage over not having your plane. As most of you people listening know, if there's one thing I tell the young comedians, relate to your audience. Do things they can relate to, for God's sakes." Byron: "Don't go out there and do the first half hour about your private jet." Bill: "But it's true. Too many crypto guys chasing too many jets." Byron: "Yeah." Bill: "Too many, like, the number of times there was, 'Oh, there's a problem,' just increased. I don't know why that is. I don't know if the jets got worse or maybe it was just people who are stoned who are working in this industry. I don't know. But I never had a good feeling even about the private jet, like, is there going to be some problem today?"

Tony Jacob | FindaClip.com

430,193 Aufrufe • vor 2 Monaten

Mark Zuckerberg on why the people you surround yourself with matter more than you think "The most important decision you're probably going to make if you're in college is who you surround yourself with, because you become like the people you surround yourself with" "When you're in college trying to figure out what your circle is going to be, or evaluating different job opportunities... who are the people, even if they're peers, who in an alternate universe you would want to work for?" "Because you think you're going to learn a lot from them, because they're values-aligned on the things you care about, and they're going to push you. They know different things and have different experiences that are more of what you want to become like over time" "I think in general people are too obsessed and maybe not focused enough on the connections and the people who they're building relationships with"
1:49

Mark Zuckerberg on why the people you surround yourself with matter more than you think "The most important decision you're probably going to make if you're in college is who you surround yourself with, because you become like the people you surround yourself with" "When you're in college trying to figure out what your circle is going to be, or evaluating different job opportunities... who are the people, even if they're peers, who in an alternate universe you would want to work for?" "Because you think you're going to learn a lot from them, because they're values-aligned on the things you care about, and they're going to push you. They know different things and have different experiences that are more of what you want to become like over time" "I think in general people are too obsessed and maybe not focused enough on the connections and the people who they're building relationships with"

Jaynit

26,918 Aufrufe • vor 1 Monat

Kevin O'Leary reveals his golden rule for every entrepreneur he invests in "I have a very simple rule. I tell them all when I invest in them. If you're not making money after 36 months, three years, you got to take it behind the barn and shoot it" "Because it's just a hobby. It's not a business" "People get so stuck on a bad idea, they just keep thinking if I keep working on it, it's going to fix it. It doesn't fix itself" "It was put on your journey to teach you what not to do. If you don't realize the lesson learned, you're going to spend all your time on a bad idea and waste it" "You only need one to work. You get a winner, you go through the roof"
1:23

Kevin O'Leary reveals his golden rule for every entrepreneur he invests in "I have a very simple rule. I tell them all when I invest in them. If you're not making money after 36 months, three years, you got to take it behind the barn and shoot it" "Because it's just a hobby. It's not a business" "People get so stuck on a bad idea, they just keep thinking if I keep working on it, it's going to fix it. It doesn't fix itself" "It was put on your journey to teach you what not to do. If you don't realize the lesson learned, you're going to spend all your time on a bad idea and waste it" "You only need one to work. You get a winner, you go through the roof"

Jaynit

83,116 Aufrufe • vor 3 Monaten

Thinking about Terry Gilliam's Brazil. Specifically the rouge HVAC tech Harry Tuttle, played by Robert De Niro. Tuttle, tired of government bureaucracy keeping him from his work, became an outlaw. He tells us he's "in it for the action". He loves fixing HVAC systems, and he's not going to let rules and regulations stand in his way. He continues in his work even though he's being hunted by the Secret Police. Why not hang it up? Why does he keep going? He doesn't stop because he can't stop. He's compelled to do it, and he couldn't stop if he wanted to. So he sneaks around in the dead of night, armed, watching out for ambushes, fixing heating systems--because he has to. Harry Tuttle cares about fixing heating systems more than he cares about his own life... A topic I keep returning to is the extreme amount of hard work and dedication required to make a movie. It's become a recurring theme of mine, mainly because it just doesn't seem to land with readers. That's probably due to my poor writing skills. But then again, maybe there's no way to explain it. Maybe to truly understand, it's something you have to experience for yourself. Like Harry Tuttle, the people who make movies will do whatever it takes to make their film. They do this because they care about making movies more than anything. They care more about making movies than their spouses, their children, or friends, or morality, or decency, or money, or anything and everything else you can think of. Not that they don't care about those things. But the work comes first. And again, they'll do whatever it takes to make it happen. They'll even risk their own lives (and the lives of others) to get that perfect shot. I've seen that many times over. I've even done it myself. Why do they do this? It's because they have to do it. They're compelled. When the urge to create hits--when it REALLY hits--you have to get it out. You have to make it REAL. And failure isn't an option. It's not about the money or the fame or the accolades. It's about creating the thing they've been inspired to create. And again, they do whatever it takes. They're not going to let anyone or anything stop them. This isn't something you can learn in school, or by watching Youtube videos. And it isn't something that's gifted to you by the "gatekeepers" (except by God maybe...) It's something you're born with. And it makes you abnormal--defective. Life is going to hard. Nothing will ever be good enough. It will be hard to get close to people. And any relationship you manage to build will be wrecked. But if you don't have it--if you don't have The Thing--if you don't have that compulsion, then don't even fucking try. There are easier ways to earn a living. Maybe you should go to Law School kid... So when I see online chatter about "Gatekeepers" or (most laughably) "The Joos" preventing them from making the things they want to make, I just shake my head. Because they have no clue what it is to actually create. If you're really a creator, if you're truly inspired, if you have what it takes (if you have That Thing) then you'll figure out a way. And you won't let anything get between you and your creation. Because you're not brittle like that. OR, maybe you ARE brittle. But that compulsion--That Thing--is going to glue you together. It's going to make you strong. It's going to make you unstoppable. But most of these people are just whiners. Posting--just typing shit--is a low effort activity. It requires almost no sacrifice. If they really cared about creating the content they want to see then they'd go out and do it. And I would invite everyone to try. But again, it's not easy. And you're probably not cut out for this type of work. So you'll probably give up. But that's fine. You can always just open the app and whine. And I'll be here too--probably still trying to get the point across. After all, I'm just in it for the action🤷‍♂️
8:08

Thinking about Terry Gilliam's Brazil. Specifically the rouge HVAC tech Harry Tuttle, played by Robert De Niro. Tuttle, tired of government bureaucracy keeping him from his work, became an outlaw. He tells us he's "in it for the action". He loves fixing HVAC systems, and he's not going to let rules and regulations stand in his way. He continues in his work even though he's being hunted by the Secret Police. Why not hang it up? Why does he keep going? He doesn't stop because he can't stop. He's compelled to do it, and he couldn't stop if he wanted to. So he sneaks around in the dead of night, armed, watching out for ambushes, fixing heating systems--because he has to. Harry Tuttle cares about fixing heating systems more than he cares about his own life... A topic I keep returning to is the extreme amount of hard work and dedication required to make a movie. It's become a recurring theme of mine, mainly because it just doesn't seem to land with readers. That's probably due to my poor writing skills. But then again, maybe there's no way to explain it. Maybe to truly understand, it's something you have to experience for yourself. Like Harry Tuttle, the people who make movies will do whatever it takes to make their film. They do this because they care about making movies more than anything. They care more about making movies than their spouses, their children, or friends, or morality, or decency, or money, or anything and everything else you can think of. Not that they don't care about those things. But the work comes first. And again, they'll do whatever it takes to make it happen. They'll even risk their own lives (and the lives of others) to get that perfect shot. I've seen that many times over. I've even done it myself. Why do they do this? It's because they have to do it. They're compelled. When the urge to create hits--when it REALLY hits--you have to get it out. You have to make it REAL. And failure isn't an option. It's not about the money or the fame or the accolades. It's about creating the thing they've been inspired to create. And again, they do whatever it takes. They're not going to let anyone or anything stop them. This isn't something you can learn in school, or by watching Youtube videos. And it isn't something that's gifted to you by the "gatekeepers" (except by God maybe...) It's something you're born with. And it makes you abnormal--defective. Life is going to hard. Nothing will ever be good enough. It will be hard to get close to people. And any relationship you manage to build will be wrecked. But if you don't have it--if you don't have The Thing--if you don't have that compulsion, then don't even fucking try. There are easier ways to earn a living. Maybe you should go to Law School kid... So when I see online chatter about "Gatekeepers" or (most laughably) "The Joos" preventing them from making the things they want to make, I just shake my head. Because they have no clue what it is to actually create. If you're really a creator, if you're truly inspired, if you have what it takes (if you have That Thing) then you'll figure out a way. And you won't let anything get between you and your creation. Because you're not brittle like that. OR, maybe you ARE brittle. But that compulsion--That Thing--is going to glue you together. It's going to make you strong. It's going to make you unstoppable. But most of these people are just whiners. Posting--just typing shit--is a low effort activity. It requires almost no sacrifice. If they really cared about creating the content they want to see then they'd go out and do it. And I would invite everyone to try. But again, it's not easy. And you're probably not cut out for this type of work. So you'll probably give up. But that's fine. You can always just open the app and whine. And I'll be here too--probably still trying to get the point across. After all, I'm just in it for the action🤷‍♂️

Rambo Van Halen

28,675 Aufrufe • vor 7 Monaten

Sharks, give us royalty until I get my 2X money return? Invested 50L and got back 1Cr. Still hold 5% equity in the company. How can any investor on this planet be dumb enough to even ask for royalty 🤦‍♂️ Forget about adding value, this is adding negative value to the company. It’s wrong on many levels - Royalty is a concept for IP. Here, royalty for what? You are getting your 2X money back and still holding the same equity. You are literally pulling money out of an early-stage business when it needs it the most. At that point, you are not an investor. You are a parasite! PS: if you are a startup founder and agree to this kind of deal, you are not ready to be a founder.
0:29

Sharks, give us royalty until I get my 2X money return? Invested 50L and got back 1Cr. Still hold 5% equity in the company. How can any investor on this planet be dumb enough to even ask for royalty 🤦‍♂️ Forget about adding value, this is adding negative value to the company. It’s wrong on many levels - Royalty is a concept for IP. Here, royalty for what? You are getting your 2X money back and still holding the same equity. You are literally pulling money out of an early-stage business when it needs it the most. At that point, you are not an investor. You are a parasite! PS: if you are a startup founder and agree to this kind of deal, you are not ready to be a founder.

Jasveer Singh

196,243 Aufrufe • vor 8 Monaten

One thing I have noticed is that nobody ever asks for money or complains about being broke in December. I asked someone and they told me that it’s because that is the time of the year when people get bonuses. But what about the unemployed? Then the person said, they too are covered because their loved ones share bonuses with them. So my money advice to you today is this: Save the money you have now, so that it can save you later! #HateMeNow #ThankMeLater #KgethiSpeaks #LetsTalkMoney #Money
2:00

One thing I have noticed is that nobody ever asks for money or complains about being broke in December. I asked someone and they told me that it’s because that is the time of the year when people get bonuses. But what about the unemployed? Then the person said, they too are covered because their loved ones share bonuses with them. So my money advice to you today is this: Save the money you have now, so that it can save you later! #HateMeNow #ThankMeLater #KgethiSpeaks #LetsTalkMoney #Money

Kgethi Phakeng, PhD(Wits); Hon DSc (UBristol)

144,913 Aufrufe • vor 1 Jahr

Marc Andreessen explains the 3 Necessities for Start-up Success: "The general criteria for a successful high-tech startup, in my view, you see different sort of rules of thumb from different people. But the three big things you always come back to are, is there a big market? And by the way, that comes in two parts. Is there a big existing market that you think you can go after and sort of displace incumbents or do you believe there will be a new market that will be big? So big market. Is there a fundamental technology or economic change that causes you to basically justify having a new company? And that's really important. And the way I always think about that is, is there a 10X change happening in the technology landscape? Is something 10X faster or 10X cheaper or 10X better? And if it's not 10X, we as both VCs and entrepreneurs, we really have to ask ourselves like, is it really worth doing? Because it's really hard. I mean, it's really hard to start new companies. new companies generally shouldn't exist. Existing companies are usually pretty good at what they do. And so for a new company to exist, it not only has to like come in and go into business and bring a product to market, but it has to bring a product to market that's so much better than what already exists that it punches through the sort of status quo. And most customers in most markets are pretty happy buying from the current suppliers and so there has to be a real kind of edge on the thing and we look for that in either a technology change, usually a technology change or an economic change. which are often the same thing. And then the third is team. Is the team outstanding? And if you think about this as an entrepreneur, it becomes a question of the founding team. Some companies are solo founders and they can work, but generally most of us, like myself, we're human beings, we're mortal. You want to have a founding team of complementary skill sets. And so you want to have at least one super strong technologist, quite possibly more than one. Some of the best startups are actually more than one founding technologist and then it often helps to have somebody who's like a product or who's a market or sales person or has a sort of really good understanding of business on the team, certainly helps a lot. And so we sort of look at market, product, and team. And the reality is you need all three. I would say, interestingly, if you're going to compromise as an investor, if we're going to compromise on one of those, it would actually be the product. And the reason I say that is because a great market is a lot easier to make up for with iterative product execution than a poor market. Because the problem with a poor market, a small market, is even if you do a great job on the product, there just aren't that many customers. It's hard to ever get big."
2:15

Marc Andreessen explains the 3 Necessities for Start-up Success: "The general criteria for a successful high-tech startup, in my view, you see different sort of rules of thumb from different people. But the three big things you always come back to are, is there a big market? And by the way, that comes in two parts. Is there a big existing market that you think you can go after and sort of displace incumbents or do you believe there will be a new market that will be big? So big market. Is there a fundamental technology or economic change that causes you to basically justify having a new company? And that's really important. And the way I always think about that is, is there a 10X change happening in the technology landscape? Is something 10X faster or 10X cheaper or 10X better? And if it's not 10X, we as both VCs and entrepreneurs, we really have to ask ourselves like, is it really worth doing? Because it's really hard. I mean, it's really hard to start new companies. new companies generally shouldn't exist. Existing companies are usually pretty good at what they do. And so for a new company to exist, it not only has to like come in and go into business and bring a product to market, but it has to bring a product to market that's so much better than what already exists that it punches through the sort of status quo. And most customers in most markets are pretty happy buying from the current suppliers and so there has to be a real kind of edge on the thing and we look for that in either a technology change, usually a technology change or an economic change. which are often the same thing. And then the third is team. Is the team outstanding? And if you think about this as an entrepreneur, it becomes a question of the founding team. Some companies are solo founders and they can work, but generally most of us, like myself, we're human beings, we're mortal. You want to have a founding team of complementary skill sets. And so you want to have at least one super strong technologist, quite possibly more than one. Some of the best startups are actually more than one founding technologist and then it often helps to have somebody who's like a product or who's a market or sales person or has a sort of really good understanding of business on the team, certainly helps a lot. And so we sort of look at market, product, and team. And the reality is you need all three. I would say, interestingly, if you're going to compromise as an investor, if we're going to compromise on one of those, it would actually be the product. And the reason I say that is because a great market is a lot easier to make up for with iterative product execution than a poor market. Because the problem with a poor market, a small market, is even if you do a great job on the product, there just aren't that many customers. It's hard to ever get big."

Founder Mode

39,005 Aufrufe • vor 7 Monaten

Uber founder Travis Kalanick’s advice for startups that need to fundraise “If you're a seed stage company, go for funding as late as you possibly can. Go as long as you can scrapping. Get your technology and your traction as far as you can, and you will guarantee yourself the best fundraising process. That includes a quick process. That includes a competitive process. That includes good terms at the end of the day.” But if you’ve already raised venture capital, it’s not exactly the same because you might have employees and can’t afford the risk of waiting until the last possible moment: “There's a timing element to it, but again, I would say push it out as far as you possibly can. If you're doing some good stuff, eventually those VCs are going to start reaching out to you. And you're going to say, ‘Oh, I'm not really raising.’ And they're going to try to preempt. And then you know it's time to do a real process.” Video Source: Tech.co
1:14

Uber founder Travis Kalanick’s advice for startups that need to fundraise “If you're a seed stage company, go for funding as late as you possibly can. Go as long as you can scrapping. Get your technology and your traction as far as you can, and you will guarantee yourself the best fundraising process. That includes a quick process. That includes a competitive process. That includes good terms at the end of the day.” But if you’ve already raised venture capital, it’s not exactly the same because you might have employees and can’t afford the risk of waiting until the last possible moment: “There's a timing element to it, but again, I would say push it out as far as you possibly can. If you're doing some good stuff, eventually those VCs are going to start reaching out to you. And you're going to say, ‘Oh, I'm not really raising.’ And they're going to try to preempt. And then you know it's time to do a real process.” Video Source: Tech.co

Startup Archive

34,829 Aufrufe • vor 2 Jahren

Jordan Peterson: "If you're competent and silent you will be ignored." "You might think well people should reward you because you're competent. And yes of course they should. But if you're competent and silent then you're just part of the background that's keeping everything functioning" On why you cannot negotiate from a position of weakness: "If you want to push your career forward you have to push it forward. You have to be competent and you have to be strategic" "To be strategic when you negotiate for a new position or a new salary you have to be able to say if you don't give me what I want then something you don't like will happen to you" "It's not a physical threat. It's that you have an option" "You have your CV in order. You're educated and competent and desirable to people outside of your immediate job. You're willing to instantly put yourself on the job market" "So that when you go talk to the person you're negotiating with you're credible" On the one thing most people completely miss about negotiation: "It's very seldom that you're talking to the person who's at the top of the pecking order. What you need to do is tell them a story that they can tell to their boss to make you not a problem" "A good story is look we really need this person because they're hyper competent and they have a better offer" "If you go in there with no power you're going to lose. Obviously" He concludes with the one thing every competent person needs to hear: "The first thing you need to know if you're going to negotiate is that you have to be able to say no. And what no means is that you're not going to do it"
2:05

Jordan Peterson: "If you're competent and silent you will be ignored." "You might think well people should reward you because you're competent. And yes of course they should. But if you're competent and silent then you're just part of the background that's keeping everything functioning" On why you cannot negotiate from a position of weakness: "If you want to push your career forward you have to push it forward. You have to be competent and you have to be strategic" "To be strategic when you negotiate for a new position or a new salary you have to be able to say if you don't give me what I want then something you don't like will happen to you" "It's not a physical threat. It's that you have an option" "You have your CV in order. You're educated and competent and desirable to people outside of your immediate job. You're willing to instantly put yourself on the job market" "So that when you go talk to the person you're negotiating with you're credible" On the one thing most people completely miss about negotiation: "It's very seldom that you're talking to the person who's at the top of the pecking order. What you need to do is tell them a story that they can tell to their boss to make you not a problem" "A good story is look we really need this person because they're hyper competent and they have a better offer" "If you go in there with no power you're going to lose. Obviously" He concludes with the one thing every competent person needs to hear: "The first thing you need to know if you're going to negotiate is that you have to be able to say no. And what no means is that you're not going to do it"

Brad

35,334 Aufrufe • vor 1 Monat