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Paul Graham on why AI might never replace startup founders: "AIs don't have needs. Airbnb existed because its founders couldn't pay rent. Facebook existed because Zuck wanted to know what other Harvard kids were up to" AI can build the thing. Wanting the thing badly enough to start is... show more

Ruben

10,306 subscribers

169,522 görüntüleme • 1 ay önce •via X (Twitter)

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GORM THE OLD profil fotoğrafı

GORM THE OLD1 ay önce

Ai is the neocortex, humans are the limbic system

Sofie 🌷 profil fotoğrafı

Sofie 🌷1 ay önce

Thanks for sharing this

Ruben profil fotoğrafı

Ruben1 ay önce

my pleasure! I hope you find it helpful

Alexa | Indie hacker profil fotoğrafı

Alexa | Indie hacker1 ay önce

you’re always up to something cool 🐾 sending good vibes!

Vesting ⚡ profil fotoğrafı

Vesting ⚡1 ay önce

Great advice here. AI can't solve problems founders know firsthand.

Saurabh Lahoti profil fotoğrafı

Saurabh Lahoti1 ay önce

So well said !

Nick H. profil fotoğrafı

Nick H.1 ay önce

The story is what is so compelling to both investors and customers. IMO that might be difficult for AI to replicate that.

Joseph K profil fotoğrafı

Joseph K1 ay önce

Sci-fi spent decades worried about AI being too capable. Turns out the real limitation is it doesn't want anything. Capability without motivation is just a very fast calculator.

Sanchita profil fotoğrafı

Sanchita1 ay önce

just a simple thought and yet so powerful

Niyyah AI profil fotoğrafı

Niyyah AI1 ay önce

I disagree. AI will replace founders and start businesses autonomously. That's what we are building.

fudes profil fotoğrafı

fudes1 ay önce

The 'AI safety' crowd isn't protecting humanity. They're protecting their relevance.

Σοφία profil fotoğrafı

Σοφία1 ay önce

Why does he always only talk about Airbnb ffs

Saeed Anwar profil fotoğrafı

Saeed Anwar1 ay önce

Graham's right that need drives the best startups, but AI can now simulate need convincingly enough to test PMF before a human obsesses over the problem. The question is whether the initial insight still has to come from a person or whether a model can generate authentic pain.

Ben Pitts profil fotoğrafı

Ben Pitts1 ay önce

True. Building great things with AI still requires total dedication by a human. The bar will just continue to rise on what greatness looks like. And people will always determine what greatness looks like. Therefore, people need to tell AI on how you continue to create greater.

Petsmarket profil fotoğrafı

Petsmarket1 ay önce

I think AI still cant understand human motivation. that insight comes from humans

briac.eth profil fotoğrafı

briac.eth1 ay önce

So ambition, grit, resilience and a landlord who does not take SAFE notes

Vlad (Moving Atoms arc) profil fotoğrafı

Vlad (Moving Atoms arc)1 ay önce

AI needs water, electricity and GPUs huge space to build around it 😁

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Conan delicately handling the AI issue at his Harvard commencement speech: “AI is not a problem at Harvard. Here, professors have been able to flag the use of AI using the sophisticated AI software they use to grade papers…despite your fears, AI can not replace you. It is too busy replacing the creeps from Princeton.”

Conan delicately handling the AI issue at his Harvard commencement speech: “AI is not a problem at Harvard. Here, professors have been able to flag the use of AI using the sophisticated AI software they use to grade papers…despite your fears, AI can not replace you. It is too busy replacing the creeps from Princeton.”

Trung Phan

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Mark Zuckerberg’s advice to 19 year olds that want to have an impact Even though Zuckerberg was 19 when he started Facebook, he advises not turning your idea into a company until it’s working: “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.” Sam Altman agrees. Facebook didn’t become a formal company until 6 months in when Peter Thiel invested. In fact, Mark and Dustin Moskovitz even told Peter that they were still planning on going back to school for their Fall semester. Paul Graham gives similar advice in his essay “Want to start a startup?”: “So if you want to start a startup one day, what should you do in college? There are only two things you need initially: an idea and cofounders… [and] the way to get startup ideas is not to try to think of startup ideas… if you make a conscious effort to think of startup ideas, the ideas you come up with will not merely be bad, but bad and plausible-sounding, meaning you'll waste a lot of time on them before realizing they're bad. The way to come up with good startup ideas is to take a step back. Instead of making a conscious effort to think of startup ideas, turn your mind into the type that startup ideas form in without any conscious effort. In fact, so unconsciously that you don't even realize at first that they're startup ideas. This is not only possible, it's how Apple, Yahoo, Google, and Facebook all got started. None of these companies were even meant to be companies at first. They were all just side projects. The best startups almost have to start as side projects, because great ideas tend to be such outliers that your conscious mind would reject them as ideas for companies.”

Mark Zuckerberg’s advice to 19 year olds that want to have an impact Even though Zuckerberg was 19 when he started Facebook, he advises not turning your idea into a company until it’s working: “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.” Sam Altman agrees. Facebook didn’t become a formal company until 6 months in when Peter Thiel invested. In fact, Mark and Dustin Moskovitz even told Peter that they were still planning on going back to school for their Fall semester. Paul Graham gives similar advice in his essay “Want to start a startup?”: “So if you want to start a startup one day, what should you do in college? There are only two things you need initially: an idea and cofounders… [and] the way to get startup ideas is not to try to think of startup ideas… if you make a conscious effort to think of startup ideas, the ideas you come up with will not merely be bad, but bad and plausible-sounding, meaning you'll waste a lot of time on them before realizing they're bad. The way to come up with good startup ideas is to take a step back. Instead of making a conscious effort to think of startup ideas, turn your mind into the type that startup ideas form in without any conscious effort. In fact, so unconsciously that you don't even realize at first that they're startup ideas. This is not only possible, it's how Apple, Yahoo, Google, and Facebook all got started. None of these companies were even meant to be companies at first. They were all just side projects. The best startups almost have to start as side projects, because great ideas tend to be such outliers that your conscious mind would reject them as ideas for companies.”

Startup Archive

147,627 görüntüleme • 2 yıl önce

Paul Graham’s advice for future startup founders: “Just learn” “If you make a conscious effort to try and think of startup ideas, you will think of ideas that are not only bad but bad and plausible-sounding—meaning you and everybody else will be fooled by them and you’ll waste a lot of time before realizing they’re no good.” As Paul Graham explains, the way to come up with good startup ideas is to take a step back: “Instead of trying to make a conscious effort to think of startup ideas, turn your brain into the type that has startup ideas unconsciously.” You do this by: 1. Learning a lot about things that matter 2. Working on problems that interest you 3. With people you like and respect (this is incidentally how you get co-founders at the same time as the idea) “The component of entrepreneurship that really matters is domain expertise. Larry Page is Larry Page because he was an expert on search. And he became an expert on search because he was genuinely interested in it, not because of some ulterior motive.” PG continues: “At its best, starting a startup is merely an ulterior motive for curiosity, and you’ll do it best if you introduce the ulterior motive at the end of the process. So here is the ultimate advice for young, would-be startup founders reduced to two words: Just learn.” Video source: Y Combinator (2017)

Paul Graham’s advice for future startup founders: “Just learn” “If you make a conscious effort to try and think of startup ideas, you will think of ideas that are not only bad but bad and plausible-sounding—meaning you and everybody else will be fooled by them and you’ll waste a lot of time before realizing they’re no good.” As Paul Graham explains, the way to come up with good startup ideas is to take a step back: “Instead of trying to make a conscious effort to think of startup ideas, turn your brain into the type that has startup ideas unconsciously.” You do this by: 1. Learning a lot about things that matter 2. Working on problems that interest you 3. With people you like and respect (this is incidentally how you get co-founders at the same time as the idea) “The component of entrepreneurship that really matters is domain expertise. Larry Page is Larry Page because he was an expert on search. And he became an expert on search because he was genuinely interested in it, not because of some ulterior motive.” PG continues: “At its best, starting a startup is merely an ulterior motive for curiosity, and you’ll do it best if you introduce the ulterior motive at the end of the process. So here is the ultimate advice for young, would-be startup founders reduced to two words: Just learn.” Video source: Y Combinator (2017)

Startup Archive

51,157 görüntüleme • 6 ay önce

Q: I’m 19 today and want to have a big impact on the world. Should I start a company? Even though Mark Zuckerberg was 19 when he started Facebook, he advises not turning your idea into a company until it’s working: “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.” Sam Altman agrees. Facebook didn’t become a formal company until 6 months in when Peter Thiel invested. In fact, Mark and Dustin Moskovitz even told Peter that they were still planning on going back to school for their Fall semester. Paul Graham gives similar advice in his essay “Want to start a startup?”: “So if you want to start a startup one day, what should you do in college? There are only two things you need initially: an idea and cofounders… [and] the way to get startup ideas is not to try to think of startup ideas… if you make a conscious effort to think of startup ideas, the ideas you come up with will not merely be bad, but bad and plausible-sounding, meaning you'll waste a lot of time on them before realizing they're bad. The way to come up with good startup ideas is to take a step back. Instead of making a conscious effort to think of startup ideas, turn your mind into the type that startup ideas form in without any conscious effort. In fact, so unconsciously that you don't even realize at first that they're startup ideas. This is not only possible, it's how Apple, Yahoo, Google, and Facebook all got started. None of these companies were even meant to be companies at first. They were all just side projects. The best startups almost have to start as side projects, because great ideas tend to be such outliers that your conscious mind would reject them as ideas for companies.”

Q: I’m 19 today and want to have a big impact on the world. Should I start a company? Even though Mark Zuckerberg was 19 when he started Facebook, he advises not turning your idea into a company until it’s working: “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.” Sam Altman agrees. Facebook didn’t become a formal company until 6 months in when Peter Thiel invested. In fact, Mark and Dustin Moskovitz even told Peter that they were still planning on going back to school for their Fall semester. Paul Graham gives similar advice in his essay “Want to start a startup?”: “So if you want to start a startup one day, what should you do in college? There are only two things you need initially: an idea and cofounders… [and] the way to get startup ideas is not to try to think of startup ideas… if you make a conscious effort to think of startup ideas, the ideas you come up with will not merely be bad, but bad and plausible-sounding, meaning you'll waste a lot of time on them before realizing they're bad. The way to come up with good startup ideas is to take a step back. Instead of making a conscious effort to think of startup ideas, turn your mind into the type that startup ideas form in without any conscious effort. In fact, so unconsciously that you don't even realize at first that they're startup ideas. This is not only possible, it's how Apple, Yahoo, Google, and Facebook all got started. None of these companies were even meant to be companies at first. They were all just side projects. The best startups almost have to start as side projects, because great ideas tend to be such outliers that your conscious mind would reject them as ideas for companies.”

Michael McGuiness

494,591 görüntüleme • 2 yıl önce

Zach Yadegari (Cal AI founder) built a $1.12M/month app at 17 with no paid ads and no VC 80 minutes on how he went from coding in his bedroom to 8M+ downloads while still in high school worth more than any $2k "how to build a startup" course here's what he covers: > find a simple problem people already pay to solve badly > build the MVP fast, make it stupid simple to use > skip ads entirely, go influencer-first from day one > scale with creators, not capital the founders who win right now aren't raising rounds.. they're shipping apps from their laptop and letting creators do the marketing that's exactly why I put together 20 startup ideas you can build the same way the full list is in the tweet below ↓

Zach Yadegari (Cal AI founder) built a $1.12M/month app at 17 with no paid ads and no VC 80 minutes on how he went from coding in his bedroom to 8M+ downloads while still in high school worth more than any $2k "how to build a startup" course here's what he covers: > find a simple problem people already pay to solve badly > build the MVP fast, make it stupid simple to use > skip ads entirely, go influencer-first from day one > scale with creators, not capital the founders who win right now aren't raising rounds.. they're shipping apps from their laptop and letting creators do the marketing that's exactly why I put together 20 startup ideas you can build the same way the full list is in the tweet below ↓

Ronin

25,192 görüntüleme • 4 ay önce

YC Managing Partner Harj Taggar says many young founders are still too conservative with token spend and advises them to not skimp on token budget. "Token spend is more like rent. You don't say, 'I'm not moving to San Francisco to build my tech startup because the rent's expensive.' Yes, it's expensive, but it's the place to be. You don't conserve on that. You actually want to spend money on that. There's other things you save money on." "Many of the founders, especially if they're younger, just don't have the budgets to use the latest models and be cost insensitive and token-max. They're just used to conserving and trying to do more with less." "Internally, we wonder if there's some training to push the founders to spend more on tokens because maybe they're thinking about tokens as something you should conserve spend on."

YC Managing Partner Harj Taggar says many young founders are still too conservative with token spend and advises them to not skimp on token budget. "Token spend is more like rent. You don't say, 'I'm not moving to San Francisco to build my tech startup because the rent's expensive.' Yes, it's expensive, but it's the place to be. You don't conserve on that. You actually want to spend money on that. There's other things you save money on." "Many of the founders, especially if they're younger, just don't have the budgets to use the latest models and be cost insensitive and token-max. They're just used to conserving and trying to do more with less." "Internally, we wonder if there's some training to push the founders to spend more on tokens because maybe they're thinking about tokens as something you should conserve spend on."

TBPN

66,713 görüntüleme • 3 ay önce

.benahorowitz.eth explains why moats like code and UI may not work in the AI era: "For my entire career, the one thing that you knew about technology companies is you couldn't throw money at the problem." "With AI, that's really changed in that you can throw money at the problem because if you have enough GPUs and enough data, you can basically solve most problems right now." "The capital race becomes a real thing and you have to think through, okay, code is not really a moat the way it was in the past, and user interface isn't really a moat."

.benahorowitz.eth explains why moats like code and UI may not work in the AI era: "For my entire career, the one thing that you knew about technology companies is you couldn't throw money at the problem." "With AI, that's really changed in that you can throw money at the problem because if you have enough GPUs and enough data, you can basically solve most problems right now." "The capital race becomes a real thing and you have to think through, okay, code is not really a moat the way it was in the past, and user interface isn't really a moat."

a16z

19,416 görüntüleme • 4 ay önce

Paul Graham on what drives founders through the hard parts: “Being dutiful is not enough. The obstacles are too fearsome for mere dutifulness.” “You know what actually motivates founders day to day? The fear of failure.” “If your server’s crashing, you’re not thinking, ‘I got to deal with this because if I deal with it, I’ll become a billionaire.’ You’re thinking, ‘Oh no, the server’s crashing. It will be a disaster. The engine of my model train set is falling off the edge of the table. I need to go and save it.’”

Paul Graham on what drives founders through the hard parts: “Being dutiful is not enough. The obstacles are too fearsome for mere dutifulness.” “You know what actually motivates founders day to day? The fear of failure.” “If your server’s crashing, you’re not thinking, ‘I got to deal with this because if I deal with it, I’ll become a billionaire.’ You’re thinking, ‘Oh no, the server’s crashing. It will be a disaster. The engine of my model train set is falling off the edge of the table. I need to go and save it.’”

Y Combinator

94,573 görüntüleme • 17 gün önce

In 2009, Patrick Collison and John Collison went to Startup School in Berkeley, got sushi in Potrero Hill afterward, and decided on the walk home to start Stripe. The reasoning, as Patrick remembers it, was that “we might as well because it probably won’t be that hard.” It took them two years to launch. Seventeen years later, at Startup School 2026, he talks with YC's Harj Taggar about dropping out of MIT twice, why founders should ask what happens if they succeed, and what Stripe’s own data says about the best time to start a company. 00:07 — What Should You Still Learn in the Age of AI? 02:01 — Knowledge Still Matters 05:12 — Should You Drop Out of College? 09:58 — Why Stripe Worked 12:10 — Building Stripe Before Launching 17:20 — Is the Lean Startup Still the Right Playbook? 19:07 — The Hidden Reward of Building Stripe 22:36 — Will AI Kill Your Startup? 25:17 — Why It's Never Been a Better Time to Start a Company 29:23 — What Stripe's Data Says About the AI Economy 30:45 — Build Something People Truly Need

In 2009, Patrick Collison and John Collison went to Startup School in Berkeley, got sushi in Potrero Hill afterward, and decided on the walk home to start Stripe. The reasoning, as Patrick remembers it, was that “we might as well because it probably won’t be that hard.” It took them two years to launch. Seventeen years later, at Startup School 2026, he talks with YC's Harj Taggar about dropping out of MIT twice, why founders should ask what happens if they succeed, and what Stripe’s own data says about the best time to start a company. 00:07 — What Should You Still Learn in the Age of AI? 02:01 — Knowledge Still Matters 05:12 — Should You Drop Out of College? 09:58 — Why Stripe Worked 12:10 — Building Stripe Before Launching 17:20 — Is the Lean Startup Still the Right Playbook? 19:07 — The Hidden Reward of Building Stripe 22:36 — Will AI Kill Your Startup? 25:17 — Why It's Never Been a Better Time to Start a Company 29:23 — What Stripe's Data Says About the AI Economy 30:45 — Build Something People Truly Need

Y Combinator

57,906 görüntüleme • 1 ay önce

Ignore AI. If you want to prepare for the future don't learn to code. Don't try to master AI. Read books. Doesn't matter which ones. Just read. Because reading teaches you to think for yourself. To have a dialogue inside your own head. That is the only skill that will matter. And it's the one thing AI cannot give you.

Ignore AI. If you want to prepare for the future don't learn to code. Don't try to master AI. Read books. Doesn't matter which ones. Just read. Because reading teaches you to think for yourself. To have a dialogue inside your own head. That is the only skill that will matter. And it's the one thing AI cannot give you.

Predictive History

25,963 görüntüleme • 3 ay önce

Former Google CEO Eric Schmidt’s #1 piece of advice for startups building in the age of AI “I am struck by the speed with which you can build demonstrations of new ideas.” Eric shares that in a recent hackathon he was a part of, the winning team used AI to generate Python code that was able to fly a drone in a simulator. “It would have taken a week or two for good professional programmers to do that.” He advises founders: “If you can't get your prototype built in a day using these various tools, you need to think about that, because that's what your competitor is doing… My biggest advice is when you start thinking about a company: it's very important to prototype your idea using these tools as quickly as you can. Because you can be sure there's another person doing exactly that same thing in another company, in another university, in a place that you've never been.” Video Source: Stanford Online

Former Google CEO Eric Schmidt’s #1 piece of advice for startups building in the age of AI “I am struck by the speed with which you can build demonstrations of new ideas.” Eric shares that in a recent hackathon he was a part of, the winning team used AI to generate Python code that was able to fly a drone in a simulator. “It would have taken a week or two for good professional programmers to do that.” He advises founders: “If you can't get your prototype built in a day using these various tools, you need to think about that, because that's what your competitor is doing… My biggest advice is when you start thinking about a company: it's very important to prototype your idea using these tools as quickly as you can. Because you can be sure there's another person doing exactly that same thing in another company, in another university, in a place that you've never been.” Video Source: Stanford Online

Startup Archive

76,268 görüntüleme • 2 yıl önce

Founders School is a new high school where tuition is $150k a year, but if students don't hit $1M in gross profit by graduation, they get their tuition back. Nat Eliason says AI will make this possible: "AI is the big thing that removes the bottleneck around why a 17-year-old can't build a million-dollar business." "You don't need to spend as long developing deep expertise in programming or software development because, certainly for a V1, you can prompt a lot of it." "You don't need to raise a ton of money for hiring, design, buildout, or any of these things. Because again, you can get an initial version going with AI." "So if you can just use AI to get started, and get your business going, you take out a lot of the capital requirements, a lot of the expertise build-up requirements, and it just shortens the timeline. It makes a lot more things possible for them."

Founders School is a new high school where tuition is $150k a year, but if students don't hit $1M in gross profit by graduation, they get their tuition back. Nat Eliason says AI will make this possible: "AI is the big thing that removes the bottleneck around why a 17-year-old can't build a million-dollar business." "You don't need to spend as long developing deep expertise in programming or software development because, certainly for a V1, you can prompt a lot of it." "You don't need to raise a ton of money for hiring, design, buildout, or any of these things. Because again, you can get an initial version going with AI." "So if you can just use AI to get started, and get your business going, you take out a lot of the capital requirements, a lot of the expertise build-up requirements, and it just shortens the timeline. It makes a lot more things possible for them."

TBPN

179,576 görüntüleme • 4 ay önce

You mean you risk 13k because of 130 naira and the game still cut, this person needs deliverance and very first He might not be mentally stable and needs to be checked on, because all my life I have never seen a thing like this, have you?

You mean you risk 13k because of 130 naira and the game still cut, this person needs deliverance and very first He might not be mentally stable and needs to be checked on, because all my life I have never seen a thing like this, have you?

winning mentality 🗝️🌟

70,994 görüntüleme • 13 gün önce

This story about how Zuck pushed Aditya Agarwal to his extreme & made him build the search engine in the early days is awesome! Aditya was one of the early engg in Facebook & in week 2 of joining he was still figuring out what to do,none were giving any directions. Mark walked upto him & asked him to build a search engine -just him he didn't mean a team. Because people want to search for others through the search engine in Facebook & this is crucial. Aditya was pretty skeptical about himself as he didn't know how to build one. He suggested hiring someone from Google or Yahoo to build this out, Mark was like: "Dude if I can build Facebook you can build a damn search engine" And he actually ended up doing it! Still now he shares this lesson from this defining moment of his life to every founders - Anything could be done if you'd put your mind into it.

This story about how Zuck pushed Aditya Agarwal to his extreme & made him build the search engine in the early days is awesome! Aditya was one of the early engg in Facebook & in week 2 of joining he was still figuring out what to do,none were giving any directions. Mark walked upto him & asked him to build a search engine -just him he didn't mean a team. Because people want to search for others through the search engine in Facebook & this is crucial. Aditya was pretty skeptical about himself as he didn't know how to build one. He suggested hiring someone from Google or Yahoo to build this out, Mark was like: "Dude if I can build Facebook you can build a damn search engine" And he actually ended up doing it! Still now he shares this lesson from this defining moment of his life to every founders - Anything could be done if you'd put your mind into it.

Aish

630,651 görüntüleme • 2 yıl önce

I often think of my father when I hear some academics pontificating about how to solve the unemployment problem. I'm tempted to say to them, 'Well, if you find it so easy to solve, why don't you go out and start up a business and employ by your own effort? I will tell you why, because you can't. It's easier to tell other people what to do about it than it is to sort it out yourself.' But in the end, we have to provide the kind of society where people who can do this, who can build up a business, are prepared to start because they're tremendously important.

I often think of my father when I hear some academics pontificating about how to solve the unemployment problem. I'm tempted to say to them, 'Well, if you find it so easy to solve, why don't you go out and start up a business and employ by your own effort? I will tell you why, because you can't. It's easier to tell other people what to do about it than it is to sort it out yourself.' But in the end, we have to provide the kind of society where people who can do this, who can build up a business, are prepared to start because they're tremendously important.

Margaret Thatcher

93,301 görüntüleme • 1 yıl önce

Legendary Sequoia Capital partner, Doug Leone, shares an unexpected take on what makes a great entrepreneur: "If you're desperate it's a great asset. If you have too many choices in life it clouds your thinking. When you only have one way to go and that's forward, it's very easy. You just go. Failure truly is not an option." That kind of focus often comes from founders who haven't followed conventional paths, people who have done "quirky things" and taken risks. Doug also reveals a "little secret" for spotting these founders: "We look for people that solve a problem that they have. They don't know it, we don't know it, but they're the proxy for the next 20 million users." He points to three examples: — The Zappos founders couldn't find a pair of shoes — Jan of WhatsApp needed private, low-cost messaging — The Yahoo founders couldn't find anything on the internet "If we see that, that's a little tell for us that we may be on to something because we may find our first beta site, the founder, for the next generation." The best founders are fueled by desperation, building what they wish existed — and that's exactly what keeps them going when everyone else quits.

Legendary Sequoia Capital partner, Doug Leone, shares an unexpected take on what makes a great entrepreneur: "If you're desperate it's a great asset. If you have too many choices in life it clouds your thinking. When you only have one way to go and that's forward, it's very easy. You just go. Failure truly is not an option." That kind of focus often comes from founders who haven't followed conventional paths, people who have done "quirky things" and taken risks. Doug also reveals a "little secret" for spotting these founders: "We look for people that solve a problem that they have. They don't know it, we don't know it, but they're the proxy for the next 20 million users." He points to three examples: — The Zappos founders couldn't find a pair of shoes — Jan of WhatsApp needed private, low-cost messaging — The Yahoo founders couldn't find anything on the internet "If we see that, that's a little tell for us that we may be on to something because we may find our first beta site, the founder, for the next generation." The best founders are fueled by desperation, building what they wish existed — and that's exactly what keeps them going when everyone else quits.

Big Brain Business

67,133 görüntüleme • 8 ay önce