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Roy Lee Explains Why Getting Rich Is Painfully Simple in 2026 “This is the single best time in all of human history to start a company. So keep trying.” “Even if your first eight companies fail and make you zero dollars, your ninth company might make you a millionaire.... show more

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$Elon Musk: “As soon as you unlock digital human, you basically have access to trillions of dollars of revenue. The most valuable companies currently by market cap — their output is digital. Apple doesn’t make phones; they send files to China. Microsoft doesn’t manufacture anything, even for Xbox — that’s outsourced. Meta’s output is digital. Google’s output is digital. So if you have a human emulator, you can create one of the most valuable companies in the world overnight, and you would have access to trillions of dollars of revenue. Take something as simple as customer service. If you have to integrate with the APIs of existing corporations, many of which don’t even have an API, and you’ve got to wade through legacy software — that’s extremely slow. If AI can simply take whatever is given to the outsourced customer service company they already use, and do customer service using the apps they already use, then you can make tremendous headway in customer service, which is close to a trillion dollars all-in. And there’s no barriers to entry. You can just immediately say, ‘We’ll outsource it for a fraction of the cost.’”$

Elon Musk: “As soon as you unlock digital human, you basically have access to trillions of dollars of revenue. The most valuable companies currently by market cap — their output is digital. Apple doesn’t make phones; they send files to China. Microsoft doesn’t manufacture anything, even for Xbox — that’s outsourced. Meta’s output is digital. Google’s output is digital. So if you have a human emulator, you can create one of the most valuable companies in the world overnight, and you would have access to trillions of dollars of revenue. Take something as simple as customer service. If you have to integrate with the APIs of existing corporations, many of which don’t even have an API, and you’ve got to wade through legacy software — that’s extremely slow. If AI can simply take whatever is given to the outsourced customer service company they already use, and do customer service using the apps they already use, then you can make tremendous headway in customer service, which is close to a trillion dollars all-in. And there’s no barriers to entry. You can just immediately say, ‘We’ll outsource it for a fraction of the cost.’”

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Q: How do you build a great company? In the clip below, Sam Altman walks through 9 things he has seen the best founders do: #1 Get to know your users really well “The best founders do customer support themselves. They go visit their users—in the case of Airbnb they go live with them. You want to get to know your users really really well.” #2 Have a short cycle time & understand compound growth “The cycle here is basically: talk to customer to understand pain point → build product to address that → get product in front of user → see what they do → repeat cycle. This cycle is how you iterate and improve. The law of compound growth being what it is: if you can get 2% better every iteration cycle, your iteration cycle is every four hours rather than every four weeks, and you compound that over the course of a few years, you’ll be in a very very different place. Make it one of your top goals to build one of the fastest iterating companies the world has ever seen.” #3 Make a long-term commitment “Most companies have a 2-3 year time horizon. But companies are almost always a 10 year project if they work. If you think about it that way from the very beginning, you will make very different and much better decisions. I think this is the only arbitrage opportunity left in the market. Almost no one makes a fairly long-term commitment to a new project. But if you do that, you will think in a different way, you will hire different people, and it will work very well.” #4 Stay lean until everything is working really well “In the early days, when you’re experimenting and zig zagging, you’re like a fast little speed boat and want to be able to turn the whole company on a dime. You can’t do that if you’re a big company—cash burn aside, which is another problem. The flexibility of the company basically decreases with the square of the number of employees, so you want to stay really small until you’re sure things are working. Once things are working, then you can get really big.” #5 Resist the urge to hire; especially resist the urge to hire mediocre people “Vinod Khosla has a saying that I love: ‘the team you build is the company you build.’ This is really true and I never appreciated how true this was for a long time. If you build a team of great people and you have a product that people love, you’ll have a 90%+ chance of success. Those are both really hard to do, and they’re independent variables. But don’t ignore the team component. The best CEOs I know spend huge amounts of their time recruiting and retaining good talent.” #6 Relentless execution “You have to keep going, and do things perfectly, and get all of the details right. You have to care too much about every experience that a customer has with your company.” #7 Startups are about not giving up “One of the very best companies in the last YC batch applied 7 times before they got in. This is just a version of what happens in startups all of the time: you get beat down, again, and again, and again. And that last time when you get pushed down and don’t think you have enough energy to get back up—that’s the time it actually works. This is what you sign up for if you’re going to start a startup.” #8 Fiduciary duty to take care of yourself “This is a 10-year marathon and you have a fiduciary duty to your shareholders to take care of yourself. Some people treat startups like an all-nighter: they don’t take care of their health, they don’t sleep, they don’t maintain their personal relationships. It is true that startups are a bad choice for work-life balance. But you have a duty to yourself, your team, and your investors to take care of yourself.” #9 Clear mission “You don’t have to figure this out on Day 1, but all of the most successful startups I’ve been fortunate enough to be a part of pretty quickly—in the first one to two years—figure out a really important mission. It’s this mission that gets people to join them. It drives the founders. It gets the media to write about them. And even if you start off building a project that’s just interesting to you and solves a problem in your life—which is how you should start—remember that you should have a clear mission at some point… That is what will convince people to come help you, and that is how you will build this idea into a huge company with a ton of people that really love your product.” Follow Startup Archive for more tactical startup advice!

Startup Archive

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Nikesh Arora, CEO of Palo Alto Networks, talks about why product is the most critical lifeblood for a technology company "In Silicon Valley, most companies which lose sight of product focus, over time [they] die This is something I learned at Google. Larry Page had a very clear view. The best compliment and worst compliment that Larry ever gave me was: 'No company in tech ever failed because of sales. You are running sales. I dont have 2 hours, if I had 2 hours I could make you do your job better But I have to go focus on product and that is why companies fail'"

Nikesh Arora, CEO of Palo Alto Networks, talks about why product is the most critical lifeblood for a technology company "In Silicon Valley, most companies which lose sight of product focus, over time [they] die This is something I learned at Google. Larry Page had a very clear view. The best compliment and worst compliment that Larry ever gave me was: 'No company in tech ever failed because of sales. You are running sales. I dont have 2 hours, if I had 2 hours I could make you do your job better But I have to go focus on product and that is why companies fail'"

Boring_Business

11,319 görüntüleme • 7 ay önce

Q: How do you build a great company? In the clip below, Sam Altman walks through 9 things he has seen the best founders do: #1 Get to know your users really well “The best founders do customer support themselves. They go visit their users—in the case of Airbnb they go live with them. You want to get to know your users really really well.” #2 Have a short cycle time & understand compound growth “The cycle here is basically: talk to customer to understand pain point → build product to address that → get product in front of user → see what they do → repeat cycle. This cycle is how you iterate and improve. The law of compound growth being what it is: if you can get 2% better every iteration cycle, your iteration cycle is every four hours rather than every four weeks, and you compound that over the course of a few years, you’ll be in a very very different place. Make it one of your top goals to build one of the fastest iterating companies the world has ever seen.” #3 Make a long-term commitment “Most companies have a 2-3 year time horizon. But companies are almost always a 10 year project if they work. If you think about it that way from the very beginning, you will make very different and much better decisions. I think this is the only arbitrage opportunity left in the market. Almost no one makes a fairly long-term commitment to a new project. But if you do that, you will think in a different way, you will hire different people, and it will work very well.” #4 Stay lean until everything is working really well “In the early days, when you’re experimenting and zig zagging, you’re like a fast little speed boat and want to be able to turn the whole company on a dime. You can’t do that if you’re a big company—cash burn aside, which is another problem. The flexibility of the company basically decreases with the square of the number of employees, so you want to stay really small until you’re sure things are working. Once things are working, then you can get really big.” #5 Resist the urge to hire; especially resist the urge to hire mediocre people “Vinod Khosla has a saying that I love: ‘the team you build is the company you build.’ This is really true and I never appreciated how true this was for a long time. If you build a team of great people and you have a product that people love, you’ll have a 90%+ chance of success. Those are both really hard to do, and they’re independent variables. But don’t ignore the team component. The best CEOs I know spend huge amounts of their time recruiting and retaining good talent.” #6 Relentless execution “You have to keep going, and do things perfectly, and get all of the details right. You have to care too much about every experience that a customer has with your company.” #7 Startups are about not giving up “One of the very best companies in the last YC batch applied 7 times before they got in. This is just a version of what happens in startups all of the time: you get beat down, again, and again, and again. And that last time when you get pushed down and don’t think you have enough energy to get back up—that’s the time it actually works. This is what you sign up for if you’re going to start a startup.” #8 Fiduciary duty to take care of yourself “This is a 10 year marathon and you have a fiduciary duty to your shareholders to take care of yourself. Some people treat startups like an all-nighter: they don’t take care of their health, they don’t sleep, they don’t maintain their personal relationships. It is true that startups are a bad choice for work-life balance. But you have a duty to yourself, your team, and your investors to take care of yourself.” #9 Clear mission “You don’t have to figure this out on Day 1, but all of the most successful startups I’ve been fortunate enough to be a part of pretty quickly—in the first one to two years—figure out a really important mission. It’s this mission that gets people to join them. It drives the founders. It gets the media to write about them. And even if you start off building a project that’s just interesting to you and solves a problem in your life—which is how you should start—remember that you should have a clear mission at some point… That is what will convince people to come help you, and that is how you will build this idea into a huge company with a ton of people that really love your product.”

Q: How do you build a great company? In the clip below, Sam Altman walks through 9 things he has seen the best founders do: #1 Get to know your users really well “The best founders do customer support themselves. They go visit their users—in the case of Airbnb they go live with them. You want to get to know your users really really well.” #2 Have a short cycle time & understand compound growth “The cycle here is basically: talk to customer to understand pain point → build product to address that → get product in front of user → see what they do → repeat cycle. This cycle is how you iterate and improve. The law of compound growth being what it is: if you can get 2% better every iteration cycle, your iteration cycle is every four hours rather than every four weeks, and you compound that over the course of a few years, you’ll be in a very very different place. Make it one of your top goals to build one of the fastest iterating companies the world has ever seen.” #3 Make a long-term commitment “Most companies have a 2-3 year time horizon. But companies are almost always a 10 year project if they work. If you think about it that way from the very beginning, you will make very different and much better decisions. I think this is the only arbitrage opportunity left in the market. Almost no one makes a fairly long-term commitment to a new project. But if you do that, you will think in a different way, you will hire different people, and it will work very well.” #4 Stay lean until everything is working really well “In the early days, when you’re experimenting and zig zagging, you’re like a fast little speed boat and want to be able to turn the whole company on a dime. You can’t do that if you’re a big company—cash burn aside, which is another problem. The flexibility of the company basically decreases with the square of the number of employees, so you want to stay really small until you’re sure things are working. Once things are working, then you can get really big.” #5 Resist the urge to hire; especially resist the urge to hire mediocre people “Vinod Khosla has a saying that I love: ‘the team you build is the company you build.’ This is really true and I never appreciated how true this was for a long time. If you build a team of great people and you have a product that people love, you’ll have a 90%+ chance of success. Those are both really hard to do, and they’re independent variables. But don’t ignore the team component. The best CEOs I know spend huge amounts of their time recruiting and retaining good talent.” #6 Relentless execution “You have to keep going, and do things perfectly, and get all of the details right. You have to care too much about every experience that a customer has with your company.” #7 Startups are about not giving up “One of the very best companies in the last YC batch applied 7 times before they got in. This is just a version of what happens in startups all of the time: you get beat down, again, and again, and again. And that last time when you get pushed down and don’t think you have enough energy to get back up—that’s the time it actually works. This is what you sign up for if you’re going to start a startup.” #8 Fiduciary duty to take care of yourself “This is a 10 year marathon and you have a fiduciary duty to your shareholders to take care of yourself. Some people treat startups like an all-nighter: they don’t take care of their health, they don’t sleep, they don’t maintain their personal relationships. It is true that startups are a bad choice for work-life balance. But you have a duty to yourself, your team, and your investors to take care of yourself.” #9 Clear mission “You don’t have to figure this out on Day 1, but all of the most successful startups I’ve been fortunate enough to be a part of pretty quickly—in the first one to two years—figure out a really important mission. It’s this mission that gets people to join them. It drives the founders. It gets the media to write about them. And even if you start off building a project that’s just interesting to you and solves a problem in your life—which is how you should start—remember that you should have a clear mission at some point… That is what will convince people to come help you, and that is how you will build this idea into a huge company with a ton of people that really love your product.”

Michael McGuiness

500,098 görüntüleme • 2 yıl önce

🚨Iraqi Prime Minister Said He Will Be Raising The Value On The Iraqi Dinar. Most likely, you are only now hearing this. Most likely, you are only now noticing this. Most likely, you are only now becoming aware of this. However, everything you haven't heard from this account in the last few years is confirmed in this video. And you have been waiting to see this type of information coming from the main person involved in the financial reform of the Iraqi economy. You now have the opportunity to participate in this momentous occasion in history, which will enrich you beyond your wildest dreams and benefit both Iraq and you. In this investment, you are coming to a decision for your family and yourself. Use your money sensibly. Do you have any suggestions? What are your plans? Do you have any projects? Do you have a group of people? If not, now is the moment to consider all of your dreams in order to leave a legacy for both yourself and those around you. This won't occur at any other time in history. So please, make wise choices. You've come a long way. Some of you have been involved in this for a long time. 10–20+. This is something you deserve to enjoy. A lot of people have died. A lot of people have lost their homes. It has caused many people to lose relationships. This is the moment to make up lost time. Are you ready to step into the next stage? FOLLOW THE SIGNAL 👇 ✅

🚨Iraqi Prime Minister Said He Will Be Raising The Value On The Iraqi Dinar. Most likely, you are only now hearing this. Most likely, you are only now noticing this. Most likely, you are only now becoming aware of this. However, everything you haven't heard from this account in the last few years is confirmed in this video. And you have been waiting to see this type of information coming from the main person involved in the financial reform of the Iraqi economy. You now have the opportunity to participate in this momentous occasion in history, which will enrich you beyond your wildest dreams and benefit both Iraq and you. In this investment, you are coming to a decision for your family and yourself. Use your money sensibly. Do you have any suggestions? What are your plans? Do you have any projects? Do you have a group of people? If not, now is the moment to consider all of your dreams in order to leave a legacy for both yourself and those around you. This won't occur at any other time in history. So please, make wise choices. You've come a long way. Some of you have been involved in this for a long time. 10–20+. This is something you deserve to enjoy. A lot of people have died. A lot of people have lost their homes. It has caused many people to lose relationships. This is the moment to make up lost time. Are you ready to step into the next stage? FOLLOW THE SIGNAL 👇 ✅

Mr. pool

82,737 görüntüleme • 6 ay önce

Q: What's your favorite counterintuitive startup advice? In this interview clip, Mark Zuckerberg shares the best piece of advice Peter Thiel ever gave him: "In a world that's changing so quickly, the biggest risk you can take is not taking any risk." Whenever you're in a position where you have to make a big shift in the direction of the company or product, people will always point to the downside risks of that decision. Mark explains: "they may be right locally... but in aggregate, if you are stagnant and don't make those changes, I think you're guaranteed to fail."

Q: What's your favorite counterintuitive startup advice? In this interview clip, Mark Zuckerberg shares the best piece of advice Peter Thiel ever gave him: "In a world that's changing so quickly, the biggest risk you can take is not taking any risk." Whenever you're in a position where you have to make a big shift in the direction of the company or product, people will always point to the downside risks of that decision. Mark explains: "they may be right locally... but in aggregate, if you are stagnant and don't make those changes, I think you're guaranteed to fail."

Michael McGuiness

505,850 görüntüleme • 3 yıl önce