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"It’s underestimated how much of a difference aggression and ambition makes. I think 95% of a company's success is that.” Torsten Reil on not letting anything stop you: “Everything else is excuses.” “Regulation doesn't matter. Yeah sure it takes longer to start a company in Germany. Yes you have... to go to a notary. Who cares?” “It's not a problem.” “The regulations that we are subject to as a defense company with regards to the certification qualification of our systems, export law, and a whole bunch of other things… dealing with confidentiality, classified information, is a hundred times more than what a startup has to deal with in terms of bureaucracy and you can still deal with it.” “It still doesn't slow us down.” “Who gives a shit? Stop making excuses.” “I just don't like when people make excuses.” “You just have to have a few very aggressive companies that point out that everyone else is basically mailing it in, and I think a lot of people are."show more

David Senra

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118,039 views • 14 days ago •via X (Twitter)

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“We need aggressive founders with large ambitions. “Think about what you want to do. It needs to be big. And you need to be truly aggressive.” “It is underestimated how much of a difference aggression and ambition make. I think 95% of a company's success is that.” “A lot of people find excuses why they can't build a big company. Too much regulation or not enough funding. None of that is true. They're all excuses.” “We need aggressive founders with large ambitions.”

“We need aggressive founders with large ambitions. “Think about what you want to do. It needs to be big. And you need to be truly aggressive.” “It is underestimated how much of a difference aggression and ambition make. I think 95% of a company's success is that.” “A lot of people find excuses why they can't build a big company. Too much regulation or not enough funding. None of that is true. They're all excuses.” “We need aggressive founders with large ambitions.”

David Senra

88,170 views • 13 days ago

Palmer Luckey: “It doesn’t take that much bravery when you’re young to start a company” “Everyone talks about how scary it is to start a company, but it really depends on where you are in your life. If you are someone with a family and with kids and with a stable job, then that totally makes sense. What I don’t buy - and I always push back on - is this idea that starting a company as a recent college graduate or someone taking a break from college is some kind of crazy, incredible sacrifice…. You don’t have a family to take care of. You don’t have a mortgage. You don’t have a career. You have nothing.” Palmer continues: “I guess dropping out of school, maybe. But if you can get your head past that, then it’s actually pretty easy. Usually what I tell people is - if you’re going to start a company, realize the stakes are lower when you’re young than they will ever be… I don’t think it takes that much bravery when you’re young to start a company. And I think more people should do that and recognize that really they’re a coward for not … You have nowhere to go but up and nothing to waste but time.” Video source: Internet Marketing (2021)

Palmer Luckey: “It doesn’t take that much bravery when you’re young to start a company” “Everyone talks about how scary it is to start a company, but it really depends on where you are in your life. If you are someone with a family and with kids and with a stable job, then that totally makes sense. What I don’t buy - and I always push back on - is this idea that starting a company as a recent college graduate or someone taking a break from college is some kind of crazy, incredible sacrifice…. You don’t have a family to take care of. You don’t have a mortgage. You don’t have a career. You have nothing.” Palmer continues: “I guess dropping out of school, maybe. But if you can get your head past that, then it’s actually pretty easy. Usually what I tell people is - if you’re going to start a company, realize the stakes are lower when you’re young than they will ever be… I don’t think it takes that much bravery when you’re young to start a company. And I think more people should do that and recognize that really they’re a coward for not … You have nowhere to go but up and nothing to waste but time.” Video source: Internet Marketing (2021)

Startup Archive

119,063 views • 11 months ago

Asmongold says he would not bet on Mizkif prevailing in his lawsuit against Emiru and explains why he thinks the judge approving moving forward with the lawsuit doesn't mean much "Not what I would bet on so far..it's not going to happen (an apology from Emiru in a potential settlement)" "It's bc he basically didn't define it correctly and the judge wants to have a more definitive..that's part of Emi's case and not mine, so I'm not gonna really make a lot of comments on that..to the extent that anything else comes out, I think that it will only further entrench this problem..there are a lot of things that are not public..but when they are made public, I think they'll be very revealing" "U have a lot more to go through than just like one specific thing..and there's a very very long process and something not getting thrown out immediately is like not really that big of a deal"

Asmongold says he would not bet on Mizkif prevailing in his lawsuit against Emiru and explains why he thinks the judge approving moving forward with the lawsuit doesn't mean much "Not what I would bet on so far..it's not going to happen (an apology from Emiru in a potential settlement)" "It's bc he basically didn't define it correctly and the judge wants to have a more definitive..that's part of Emi's case and not mine, so I'm not gonna really make a lot of comments on that..to the extent that anything else comes out, I think that it will only further entrench this problem..there are a lot of things that are not public..but when they are made public, I think they'll be very revealing" "U have a lot more to go through than just like one specific thing..and there's a very very long process and something not getting thrown out immediately is like not really that big of a deal"

yeet

73,415 views • 1 month ago

Elon Musk: It should be harder to establish a rule than to remove it. “I'm not completely libertarian in the sense I don't think there should be regulations at all. I just think that the natural bias of regulations is to last forever. You have to actively delete a regulation or a law, the way things are set up in most laws. Some laws have sunset provisions. And the problem with that is you get vested interests who like that law, and there's an inertia around it. And so over time, the body of law and regulations grows and grows and grows. It is something that I think is not ultimately good for society. So, in fact, I think it would generally be a good idea to have it such that it's hard to establish a rule and easy to remove one.” Montana Job Summit, September 16, 2013

Elon Musk: It should be harder to establish a rule than to remove it. “I'm not completely libertarian in the sense I don't think there should be regulations at all. I just think that the natural bias of regulations is to last forever. You have to actively delete a regulation or a law, the way things are set up in most laws. Some laws have sunset provisions. And the problem with that is you get vested interests who like that law, and there's an inertia around it. And so over time, the body of law and regulations grows and grows and grows. It is something that I think is not ultimately good for society. So, in fact, I think it would generally be a good idea to have it such that it's hard to establish a rule and easy to remove one.” Montana Job Summit, September 16, 2013

ELON CLIPS

32,677 views • 11 months ago

$ABCL CEO Carl Hansen explains the net negative overall value creation in biotech and how AbCellera plans to beat it: “I really think it can be beat because there’s a lot of mistakes that get made in where you allocate capital.” “If you’re a biotech and you start a company on a drug, and you go public and have a drug, and now the data is looking not that great, you just keep running that drug. … Because if you quit that drug, the company is done.” “So, because you’re so concentrated on one thing, you end up having blinders. It’s like a cult of a molecule. And even a real, practical, capital access problem that makes you continue to move things forward” ______________________________________ “Another problem is that many of the drugs that get started, get started by people who don’t understand the competitive or commercial landscape and have no intent of ever actually manufacturing it. … Because they know someone else is going to buy it. So then their framework is not ‘Am I making a drug that’s going to make a difference for people?’ The framework is ‘Can I make something that I think someone will take off my hands?’ And that happens a lot.” “There are many acquisitions where a big pharma company spends $10B, $20B, and it’s a complete bust. So really no value is generated for patients but someone was able to get a good exit on that because they anticipated what someone would want. And a lot of decision making gets done like that”. _______________________________________ “I’m not saying that we have this all solved. But what we’re trying to do is create a framework where we are able to take many bets so that we don’t fall in love with anything, or we don’t have to fall in love with anything. … And then always hold up very explicitly what we know and what we don’t know along the dimensions that matter. The dimensions that matter are - Will it work? That’s a science. - When it gets where will people care? - Is it differentiated? - Does it solve a big problem? In order to get it there, is there a path with our resources and expertise that would allow us to see it through?” “When you start to hold things up like that, you start to see where the mistakes are, where the uncertainties are, and you can be more rational in deciding ‘We’re going to run it to here because we get to flip the card and if the card goes the wrong way we’re going to kill it because we’ve got something else behind it.’” “I do think that if done right, and if you can pick the right opportunities, the success rate can be well higher than an order of magnitude better. … And there are examples of this… companies I’ve mentioned, you know, Regeneron, their success rate is at least 10x the industry in bringing programs forward and getting them approved. … So it’s… you can do it better that way”

$ABCL CEO Carl Hansen explains the net negative overall value creation in biotech and how AbCellera plans to beat it: “I really think it can be beat because there’s a lot of mistakes that get made in where you allocate capital.” “If you’re a biotech and you start a company on a drug, and you go public and have a drug, and now the data is looking not that great, you just keep running that drug. … Because if you quit that drug, the company is done.” “So, because you’re so concentrated on one thing, you end up having blinders. It’s like a cult of a molecule. And even a real, practical, capital access problem that makes you continue to move things forward” “Another problem is that many of the drugs that get started, get started by people who don’t understand the competitive or commercial landscape and have no intent of ever actually manufacturing it. … Because they know someone else is going to buy it. So then their framework is not ‘Am I making a drug that’s going to make a difference for people?’ The framework is ‘Can I make something that I think someone will take off my hands?’ And that happens a lot.” “There are many acquisitions where a big pharma company spends $10B, $20B, and it’s a complete bust. So really no value is generated for patients but someone was able to get a good exit on that because they anticipated what someone would want. And a lot of decision making gets done like that”. _ “I’m not saying that we have this all solved. But what we’re trying to do is create a framework where we are able to take many bets so that we don’t fall in love with anything, or we don’t have to fall in love with anything. … And then always hold up very explicitly what we know and what we don’t know along the dimensions that matter. The dimensions that matter are - Will it work? That’s a science. - When it gets where will people care? - Is it differentiated? - Does it solve a big problem? In order to get it there, is there a path with our resources and expertise that would allow us to see it through?” “When you start to hold things up like that, you start to see where the mistakes are, where the uncertainties are, and you can be more rational in deciding ‘We’re going to run it to here because we get to flip the card and if the card goes the wrong way we’re going to kill it because we’ve got something else behind it.’” “I do think that if done right, and if you can pick the right opportunities, the success rate can be well higher than an order of magnitude better. … And there are examples of this… companies I’ve mentioned, you know, Regeneron, their success rate is at least 10x the industry in bringing programs forward and getting them approved. … So it’s… you can do it better that way”

Jack Prescott

31,505 views • 1 month ago

ELON: TO ACTUALLY START A COMPANY IS SIMPLER THAN YOU FEAR Elon is stripping away the mystique of the startup world, offering a blunt blueprint for anyone with an engineering mind and the drive to build. He is arguing that the barrier to entry is not as high as the "fear of failure" suggests. By focusing on a compelling prototype and leveraging the world-class venture capital ecosystem in America. Elon believes the next generation of builders can bypass the bureaucracy and start creating value immediately: “If you study engineering and you figure out how to design new things, then it is relatively easy to start a company. You just need to get a few like-minded people with you and then focus on creating a prototype, a compelling prototype as soon as possible. And then there is a strong venture capital industry in this country that will give you funding to take things to the next level. And that is all there is to it. And you might try it a few times, you may or may not succeed, but I think sometimes people fear starting a company too much. You know, what is the worst that could go wrong? You are not going to starve to death. You are not going to die of exposure. What is the worst that could go wrong?” Source: Naruto

ELON: TO ACTUALLY START A COMPANY IS SIMPLER THAN YOU FEAR Elon is stripping away the mystique of the startup world, offering a blunt blueprint for anyone with an engineering mind and the drive to build. He is arguing that the barrier to entry is not as high as the "fear of failure" suggests. By focusing on a compelling prototype and leveraging the world-class venture capital ecosystem in America. Elon believes the next generation of builders can bypass the bureaucracy and start creating value immediately: “If you study engineering and you figure out how to design new things, then it is relatively easy to start a company. You just need to get a few like-minded people with you and then focus on creating a prototype, a compelling prototype as soon as possible. And then there is a strong venture capital industry in this country that will give you funding to take things to the next level. And that is all there is to it. And you might try it a few times, you may or may not succeed, but I think sometimes people fear starting a company too much. You know, what is the worst that could go wrong? You are not going to starve to death. You are not going to die of exposure. What is the worst that could go wrong?” Source: Naruto

Mario Nawfal

205,115 views • 8 months ago

Q: How will I know when it’s the right time to go full-time on a startup idea? Tony Fadell is the co-creator of the iPod, iPhone, and Nest. As he puts it in the clip below: “Great ideas chase you.” He continues: “In this world, there are so many people who have more ideas than they have time to implement… I used to be like that. But the best ideas are the ones that you can really focus on… Now I try to run away from a great idea. And then it stalks me. It hunts you down because you’re like: ‘Ah, that’s going to have this problem, I’m going to put it aside.’ And then a few days later, you’re like: ‘Actually I think I know how to solve that problem.’ At some point it just becomes this black hole that sucks you in and you can’t think about anything else but this.” Mark Zuckerberg gave similar advice in a previous Startup Archive answer: “I always think the most important thing entrepreneurs should do is pick something they care about and work on it, but don’t actually commit to turning it into a company until it’s working. If you look at the data of the very best companies, I think a tremendous percentage of them have been built that way and not from people who decided upfront that they wanted to start a company because you just get locked into a local maxima a lot of the time.” Let great ideas chase you and don’t turn it into a company until it’s working. There’s almost always a ton of work you you can do upfront to de-risk an idea before turning it into a company. And perhaps just as important: you want to make sure you’re still excited about the idea after a few months and the novelty has worn off—it should be all you can think about. Companies are almost always a 10 year project if they work and a 2-3 year project if they fail. It’s worth it to be patient before jumping in with two feet.

Q: How will I know when it’s the right time to go full-time on a startup idea? Tony Fadell is the co-creator of the iPod, iPhone, and Nest. As he puts it in the clip below: “Great ideas chase you.” He continues: “In this world, there are so many people who have more ideas than they have time to implement… I used to be like that. But the best ideas are the ones that you can really focus on… Now I try to run away from a great idea. And then it stalks me. It hunts you down because you’re like: ‘Ah, that’s going to have this problem, I’m going to put it aside.’ And then a few days later, you’re like: ‘Actually I think I know how to solve that problem.’ At some point it just becomes this black hole that sucks you in and you can’t think about anything else but this.” Mark Zuckerberg gave similar advice in a previous Startup Archive answer: “I always think the most important thing entrepreneurs should do is pick something they care about and work on it, but don’t actually commit to turning it into a company until it’s working. If you look at the data of the very best companies, I think a tremendous percentage of them have been built that way and not from people who decided upfront that they wanted to start a company because you just get locked into a local maxima a lot of the time.” Let great ideas chase you and don’t turn it into a company until it’s working. There’s almost always a ton of work you you can do upfront to de-risk an idea before turning it into a company. And perhaps just as important: you want to make sure you’re still excited about the idea after a few months and the novelty has worn off—it should be all you can think about. Companies are almost always a 10 year project if they work and a 2-3 year project if they fail. It’s worth it to be patient before jumping in with two feet.

Michael McGuiness

62,662 views • 2 years ago

"You can either produce excellence or you can avoid criticism. But you cannot do both of those. The reason that you don't have certain excellence that you want is because you are afraid of getting criticized. You are afraid of the judgment that comes with it. You are afraid of standing out. You are afraid of being alone. You are afraid of people looking at you. You are worried about what people think of you. There are 2 categories of things in this world: 1) Things that are up to you 2) Things that are not up to you Which category does your reputation sit in? Your reputation is not up to you. I'm the one who associates your reputation with something, not you. You just do things. What's up to you? How you act. Your decisions. Your actions. That is up to you. Your reputation is not up to you. Here's how I know that: You all have a reputation about me and it's not in my control. I get to say and do whatever I say and do up here. I am in control of saying it. I am in control of doing it. The moment words leave my lips, who has control over what is done with those words? You! You are in control of what you think of me. And there's no way everybody in this room is going to think the exact same thing about me. No way. When it comes to exceptional, what we've got to understand is you can spend your whole life trying to avoid criticism and earn reputation, and it still won't be in your control. We can waste a lot of time missing out on excellence we could have been producing if we were just simply LESS trying to engineer what we wanted other people to think about us."

"You can either produce excellence or you can avoid criticism. But you cannot do both of those. The reason that you don't have certain excellence that you want is because you are afraid of getting criticized. You are afraid of the judgment that comes with it. You are afraid of standing out. You are afraid of being alone. You are afraid of people looking at you. You are worried about what people think of you. There are 2 categories of things in this world: 1) Things that are up to you 2) Things that are not up to you Which category does your reputation sit in? Your reputation is not up to you. I'm the one who associates your reputation with something, not you. You just do things. What's up to you? How you act. Your decisions. Your actions. That is up to you. Your reputation is not up to you. Here's how I know that: You all have a reputation about me and it's not in my control. I get to say and do whatever I say and do up here. I am in control of saying it. I am in control of doing it. The moment words leave my lips, who has control over what is done with those words? You! You are in control of what you think of me. And there's no way everybody in this room is going to think the exact same thing about me. No way. When it comes to exceptional, what we've got to understand is you can spend your whole life trying to avoid criticism and earn reputation, and it still won't be in your control. We can waste a lot of time missing out on excellence we could have been producing if we were just simply LESS trying to engineer what we wanted other people to think about us."

Brian Kight

308,878 views • 1 year ago

Rick Rubin tells Andrew Huberman how he deals with creative or writer’s block. He treats his work like a diary entry (and doesn’t worry about internal or external judgment): ➡️ “What's the cause of the block? The block is usually something that's either personal ("I'm not good enough") or it can be a confidence issue ("I don't have anything to say") or it could be...thinking about someone else ("nobody's going to like what I make"). Do you know what I'm saying? So, it's either fear of self-judgment or external judgment. If you're making something with a freedom of "this is something I'm making for myself for now", that is all [you have to do]. It is a diary entry. Everything I make is a diary entry. The beauty of a diary entry is that I can write my diary entry and you can't tell me that my diary entry wasn't good enough. Or that [the diary entry] is not what I experienced. Of course it's what I experienced: I'm writing a personal diary for myself and no one else can judge if it is my experience of my life. Everything we make can be that: a personal reflection of who we are in that moment of time. It doesn't have to be the greatest you could ever do. It doesn't have to have any expectation that it's going to change the world. It doesn't have to sell a certain number of copies for any reason. It doesn't have any of those things at all. It is "I'm making this thing for me and I want to do it to the best of my ability and to where I feel good about it". [The work] is honest of where I'm at and if you're living in this world of just being honest to where you're at, there's nothing blocking you. There are no blocks. The blocks are all based on dealing with a different force or a different perception that is made up.” ⬅️

Rick Rubin tells Andrew Huberman how he deals with creative or writer’s block. He treats his work like a diary entry (and doesn’t worry about internal or external judgment): ➡️ “What's the cause of the block? The block is usually something that's either personal ("I'm not good enough") or it can be a confidence issue ("I don't have anything to say") or it could be...thinking about someone else ("nobody's going to like what I make"). Do you know what I'm saying? So, it's either fear of self-judgment or external judgment. If you're making something with a freedom of "this is something I'm making for myself for now", that is all [you have to do]. It is a diary entry. Everything I make is a diary entry. The beauty of a diary entry is that I can write my diary entry and you can't tell me that my diary entry wasn't good enough. Or that [the diary entry] is not what I experienced. Of course it's what I experienced: I'm writing a personal diary for myself and no one else can judge if it is my experience of my life. Everything we make can be that: a personal reflection of who we are in that moment of time. It doesn't have to be the greatest you could ever do. It doesn't have to have any expectation that it's going to change the world. It doesn't have to sell a certain number of copies for any reason. It doesn't have any of those things at all. It is "I'm making this thing for me and I want to do it to the best of my ability and to where I feel good about it". [The work] is honest of where I'm at and if you're living in this world of just being honest to where you're at, there's nothing blocking you. There are no blocks. The blocks are all based on dealing with a different force or a different perception that is made up.” ⬅️

Trung Phan

1,619,969 views • 2 years ago

BREAKING 🚨 Kevin O'Leary: “And your point is? Bring it. Bring it. Bring it.” Bakari Sellers: “What I'm telling you is that there are people in this country who fought, died, and bled for the right to vote. Don't be a d*ck, just understand.” Kevin O'Leary: “I’m not a d*ck. I’m pointing something out to you. The Constitution's being upheld. You have a problem with that? You have a problem with the Constitution of the United States of America?” Abby Phillip: “Bakari, I'm going to stop you, because I just want everybody to reset with a modicum of respect at this table. Please stop, okay?”

BREAKING 🚨 Kevin O'Leary: “And your point is? Bring it. Bring it. Bring it.” Bakari Sellers: “What I'm telling you is that there are people in this country who fought, died, and bled for the right to vote. Don't be a dck, just understand.” Kevin O'Leary: “I’m not a dck. I’m pointing something out to you. The Constitution's being upheld. You have a problem with that? You have a problem with the Constitution of the United States of America?” Abby Phillip: “Bakari, I'm going to stop you, because I just want everybody to reset with a modicum of respect at this table. Please stop, okay?”

Dr Charlie Ward

124,291 views • 1 month ago

Kevin O'Leary: “And your point is? Bring it. Bring it. Bring it.” Bakari Sellers: “What I'm telling you is that there are people in this country who fought, died, and bled for the right to vote. Don't be a d*ck, just understand.” Kevin O'Leary: “I’m not a d*ck. I’m pointing something out to you. The Constitution's being upheld. You have a problem with that? You have a problem with the Constitution of the United States of America?” Abby Phillip: “Bakari, I'm going to stop you, because I just want everybody to reset with a modicum of respect at this table. Please stop, okay?”

Kevin O'Leary: “And your point is? Bring it. Bring it. Bring it.” Bakari Sellers: “What I'm telling you is that there are people in this country who fought, died, and bled for the right to vote. Don't be a dck, just understand.” Kevin O'Leary: “I’m not a dck. I’m pointing something out to you. The Constitution's being upheld. You have a problem with that? You have a problem with the Constitution of the United States of America?” Abby Phillip: “Bakari, I'm going to stop you, because I just want everybody to reset with a modicum of respect at this table. Please stop, okay?”

RedWave Press

298,388 views • 4 months ago

Eberechi Eze is not interested in what rival fans think of Arsenal 😅 "No, I don’t care. I’m not interested in what people think and how they feel about us winning. I just know that we’ve got a team that is more than capable and has proven that we are of the highest level. And when we do win, it will be down to everyone else to deal with that." 😏

Eberechi Eze is not interested in what rival fans think of Arsenal 😅 "No, I don’t care. I’m not interested in what people think and how they feel about us winning. I just know that we’ve got a team that is more than capable and has proven that we are of the highest level. And when we do win, it will be down to everyone else to deal with that." 😏

Hayters TV

1,311,556 views • 4 months ago

🗣️ "I don't like to arrive here and make excuses. I think people are tired of excuses in this club. "I think our club needs a shock. We have to understand that it's a very difficult moment and we have to fight." Rúben Amorim will not use his players underperforming as an excuse. #MUFC

🗣️ "I don't like to arrive here and make excuses. I think people are tired of excuses in this club. "I think our club needs a shock. We have to understand that it's a very difficult moment and we have to fight." Rúben Amorim will not use his players underperforming as an excuse. #MUFC

Stretford Paddock

321,216 views • 1 year ago

Ben McCollum says that when trying to make the NCAA Tournament, “You have to be careful to make sure that you don’t create a level of fear of failure.” How does he approach doing that? “You try to succeed. You put your focus on succeeding, not on 'You can’t lose this.' It's, 'You need to win this.' Or, 'You need to perform at this level.' And so, I think a lot of people say, ‘Don’t lose.’ It would be more, ‘Go win.’ There’s a big difference between the two. And so, making sure that you come in with a positive mindset is a big deal for us.”

Ben McCollum says that when trying to make the NCAA Tournament, “You have to be careful to make sure that you don’t create a level of fear of failure.” How does he approach doing that? “You try to succeed. You put your focus on succeeding, not on 'You can’t lose this.' It's, 'You need to win this.' Or, 'You need to perform at this level.' And so, I think a lot of people say, ‘Don’t lose.’ It would be more, ‘Go win.’ There’s a big difference between the two. And so, making sure that you come in with a positive mindset is a big deal for us.”

Tyler Tachman

83,751 views • 6 months ago

Sam Altman on why you shouldn’t track absolute user growth in the early days of a startup “Nothing but a great product will save you; you can get everything else right and it still won’t work.” He points out that almost all startup founders get the following wrong: “It is more important to have a small number of users that love you than a lot of users that like you… Eventually what you want of course is a lot of users that really love your product, but that’s almost impossible to do.” In practice, you have two choices: Deep and Narrow: “You have a small number of users that really love you and then find out how to find more and more of those users and broaden the appeal of the product.” Shallow and Wide: “You can have a lot of people that sort of use the product once or twice and kind of like it and try to figure out how to get them more engaged over time.” “With high confidence, I can say that you want to start with a small number of users that really love you. Almost all great companies have products that start this way.” He argues that a good indicator of users loving your product is retention and frequency of use: “In fact, I think this is so important that you actually shouldn’t track absolute growth in number of users in the early days of a startup. You should just track how often they’re using it… That’s a good early indicator of users that love you—better still is them spontaneously telling their friends to buy your product.” Follow Startup Archive for more tactical startup advice!

Sam Altman on why you shouldn’t track absolute user growth in the early days of a startup “Nothing but a great product will save you; you can get everything else right and it still won’t work.” He points out that almost all startup founders get the following wrong: “It is more important to have a small number of users that love you than a lot of users that like you… Eventually what you want of course is a lot of users that really love your product, but that’s almost impossible to do.” In practice, you have two choices: Deep and Narrow: “You have a small number of users that really love you and then find out how to find more and more of those users and broaden the appeal of the product.” Shallow and Wide: “You can have a lot of people that sort of use the product once or twice and kind of like it and try to figure out how to get them more engaged over time.” “With high confidence, I can say that you want to start with a small number of users that really love you. Almost all great companies have products that start this way.” He argues that a good indicator of users loving your product is retention and frequency of use: “In fact, I think this is so important that you actually shouldn’t track absolute growth in number of users in the early days of a startup. You should just track how often they’re using it… That’s a good early indicator of users that love you—better still is them spontaneously telling their friends to buy your product.” Follow Startup Archive for more tactical startup advice!

Startup Archive

565,812 views • 2 years ago

"I think among a lot of Democrats there's this kind of what psychologists would call 'learned helplessness' where you just think, 'Well we can't do anything about it. We have to wait till 2029' ... In New York with some people it's just like, 'Well we just have to do our things in New York and not worry about the rest of the country.' It does not work that way. We are one country. Our democracy can rise or fall on what this man is doing. And, it's not just our democracy. ... It directly affects our lives. The stability of our economy depends on the belief in the rule of law that people think we have a stable legal system, and it's hard to believe that today"

"I think among a lot of Democrats there's this kind of what psychologists would call 'learned helplessness' where you just think, 'Well we can't do anything about it. We have to wait till 2029' ... In New York with some people it's just like, 'Well we just have to do our things in New York and not worry about the rest of the country.' It does not work that way. We are one country. Our democracy can rise or fall on what this man is doing. And, it's not just our democracy. ... It directly affects our lives. The stability of our economy depends on the belief in the rule of law that people think we have a stable legal system, and it's hard to believe that today"

George Conway ⚖️🇺🇸

80,959 views • 3 months ago

Building a business gets lonely. Most founders just accept that as part of the deal. What changes it is sitting across from someone who says, I've been exactly where you are, and here's how I got through it. Our average member does $14M in revenue. The minimum to apply is $1M. Wherever you are, someone in the community is a few steps ahead of you and someone else is a few steps behind. Both are worth talking to. We're careful about who comes in. If we wouldn't want to spend a weekend with someone at a retreat, they're not a fit. That's most of the reason this works. Entrepreneurship is lonely. It doesn't have to be.

Building a business gets lonely. Most founders just accept that as part of the deal. What changes it is sitting across from someone who says, I've been exactly where you are, and here's how I got through it. Our average member does $14M in revenue. The minimum to apply is $1M. Wherever you are, someone in the community is a few steps ahead of you and someone else is a few steps behind. Both are worth talking to. We're careful about who comes in. If we wouldn't want to spend a weekend with someone at a retreat, they're not a fit. That's most of the reason this works. Entrepreneurship is lonely. It doesn't have to be.

The Founders Club

52,961 views • 1 month ago

The biggest lesson of Elon Musk's life is we are all capable of so much more than we think. "I hope this book can generate 1,000,000 Musks. I don't mean go follow his life blueprint, I don't mean start an electric car company. I mean figure out a unique problem that nobody else is working on and dedicate your life to solving it. A thing that adds a new capability to humanity. He's special, but he's not superhuman. He's just figured out how to get an unbelievable amount out of himself. And a lot of people listening to this are going to have a lot better hand to start life with than Elon did." — Eric Jorgenson 📚 ☀️

The biggest lesson of Elon Musk's life is we are all capable of so much more than we think. "I hope this book can generate 1,000,000 Musks. I don't mean go follow his life blueprint, I don't mean start an electric car company. I mean figure out a unique problem that nobody else is working on and dedicate your life to solving it. A thing that adds a new capability to humanity. He's special, but he's not superhuman. He's just figured out how to get an unbelievable amount out of himself. And a lot of people listening to this are going to have a lot better hand to start life with than Elon did." — Eric Jorgenson 📚 ☀️

David Senra

21,693 views • 5 months ago