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Travis Kalanick's rule for pacing a company's ambition: "I'm constantly creating problems. 'Hey, let's do Uber in China.' And you don't have a full understanding of that problem when you create it. If you create a problem, you have to solve it." "I have this framework I call the...

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When hiring executives, travis kalanick prioritizes one skill above all others: the ability to solve hard problems. "There's two things you want an executive to do. You want them to be able to organize, manage, and lead at scale. You also want them to be epic and strategic problem solvers... the best executives are the ones that are doing both well." "I have come to the conclusion over my years, that problem solving is the most important thing. If you get somebody who organizes and manages well but cannot solve a problem, they're going to be doing ridiculous stuff in a super organized way. The only constraint on your imagination is management capacity. But what is management capacity? It's really problem solving at scale."
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When hiring executives, travis kalanick prioritizes one skill above all others: the ability to solve hard problems. "There's two things you want an executive to do. You want them to be able to organize, manage, and lead at scale. You also want them to be epic and strategic problem solvers... the best executives are the ones that are doing both well." "I have come to the conclusion over my years, that problem solving is the most important thing. If you get somebody who organizes and manages well but cannot solve a problem, they're going to be doing ridiculous stuff in a super organized way. The only constraint on your imagination is management capacity. But what is management capacity? It's really problem solving at scale."

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.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."

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Q: How do I know if my startup is working on a worthwhile problem? Former Google CEO Larry Page uses a simple framework called "The Toothbrush Test" to decide whether he likes a business. He asks himself if the product is, like a toothbrush, "something you will use once or twice a day." Y Combinator CEO Michael Seibel has a similar framework for assessing whether or not a startup is working on a good problem. As he explains in the clip below, it's extremely important to analyze the frequency and the intensity of the problem you're solving for the customer. He uses a car shopping website as an example. A lot of founders will think that their customer here is the person buying a car. But the problem with that is most people keep a car for 7 years. As he points out: "What happens if I told you I was going to create a startup and if my customer absolutely loves me, they're going to come back 7 years from now?" Probably not a great startup idea. This is why a lot of car buying websites are not built for the person shopping for a car--that person doesn't have the problem very often. They're actually built for the person selling the car, because that person has a problem every day. When you're assessing a startup idea, you want to do a frequency and intensity analysis of the problem. If you have an infrequent and low-intensity problem that you're trying to solve, you're going to have a hard time getting a lot of customers interested in even talking to you. All things equal, it's better for the problem you're solving to be higher-frequency and higher-intensity. Take Uber for example. Usually, when you need to go somewhere (e.g. work, doctor, pick up your kids, etc.), it's a pretty intense problem--so intense that people will spend $20,000 on a car to solve this problem. And then when you think about frequency: how often do you move more than walking distance every day? Probably a lot. Uber is clearly working on a worthwhile problem. If the problem your customer has is high-intensity and happens frequently, there's probably a good business to be built there.
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Q: How do I know if my startup is working on a worthwhile problem? Former Google CEO Larry Page uses a simple framework called "The Toothbrush Test" to decide whether he likes a business. He asks himself if the product is, like a toothbrush, "something you will use once or twice a day." Y Combinator CEO Michael Seibel has a similar framework for assessing whether or not a startup is working on a good problem. As he explains in the clip below, it's extremely important to analyze the frequency and the intensity of the problem you're solving for the customer. He uses a car shopping website as an example. A lot of founders will think that their customer here is the person buying a car. But the problem with that is most people keep a car for 7 years. As he points out: "What happens if I told you I was going to create a startup and if my customer absolutely loves me, they're going to come back 7 years from now?" Probably not a great startup idea. This is why a lot of car buying websites are not built for the person shopping for a car--that person doesn't have the problem very often. They're actually built for the person selling the car, because that person has a problem every day. When you're assessing a startup idea, you want to do a frequency and intensity analysis of the problem. If you have an infrequent and low-intensity problem that you're trying to solve, you're going to have a hard time getting a lot of customers interested in even talking to you. All things equal, it's better for the problem you're solving to be higher-frequency and higher-intensity. Take Uber for example. Usually, when you need to go somewhere (e.g. work, doctor, pick up your kids, etc.), it's a pretty intense problem--so intense that people will spend $20,000 on a car to solve this problem. And then when you think about frequency: how often do you move more than walking distance every day? Probably a lot. Uber is clearly working on a worthwhile problem. If the problem your customer has is high-intensity and happens frequently, there's probably a good business to be built there.

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“I'm coming from a regime, from a dictatorship. Cuba is a dictatorship, and I'm feeling the same fear that I used to feel in Cuba…they have so many things similar to what we're seeing here. For example, you cannot speak out. If you say something, you are the problem. If you have another point of view, you are the problem. You can be persecuted and here, you're persecuted and you're even deported….”
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“I'm coming from a regime, from a dictatorship. Cuba is a dictatorship, and I'm feeling the same fear that I used to feel in Cuba…they have so many things similar to what we're seeing here. For example, you cannot speak out. If you say something, you are the problem. If you have another point of view, you are the problem. You can be persecuted and here, you're persecuted and you're even deported….”

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Naval Ravikant on the importance of hiring high-agency people Naval defines agency as: “People who just solve problems without even being asked to solve the problem—they identify the problem, they go solve it, they don’t even necessarily have to update you every step of the way, they’re not asking silly questions, and they’re just coming up with solutions.” He believes this is important because “building a startup is an infinite set of problems that are being thrown at you.” And there comes a day where you can’t even look at every problem your company is facing—let alone solve every one of them. He cites the Vinod Khosla aphorism: "The team you build is the company you build, not the plan you make.” And your ability to solve problems is based entirely on how many problem-solvers you have at your company. As Naval puts it: “If you have somebody who takes 10% of your time and management to solve problems, you can only have 10 of those people working with you. But if somebody takes 5%, you can have 20 of those people.” When building Airchat and AngelList, he thought of each team as a Navy Seal team: “Everyone is just really good at what they do. They know their job. They do it. They don’t complain. They’re not egotistical about it. And if they have to constantly be corrected, led around by the nose, you have to clean up after them, or you question their judgement, it’s not going to work out.”
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Naval Ravikant on the importance of hiring high-agency people Naval defines agency as: “People who just solve problems without even being asked to solve the problem—they identify the problem, they go solve it, they don’t even necessarily have to update you every step of the way, they’re not asking silly questions, and they’re just coming up with solutions.” He believes this is important because “building a startup is an infinite set of problems that are being thrown at you.” And there comes a day where you can’t even look at every problem your company is facing—let alone solve every one of them. He cites the Vinod Khosla aphorism: "The team you build is the company you build, not the plan you make.” And your ability to solve problems is based entirely on how many problem-solvers you have at your company. As Naval puts it: “If you have somebody who takes 10% of your time and management to solve problems, you can only have 10 of those people working with you. But if somebody takes 5%, you can have 20 of those people.” When building Airchat and AngelList, he thought of each team as a Navy Seal team: “Everyone is just really good at what they do. They know their job. They do it. They don’t complain. They’re not egotistical about it. And if they have to constantly be corrected, led around by the nose, you have to clean up after them, or you question their judgement, it’s not going to work out.”

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Travis Kalanick on what makes an idea worth betting on: "Sometimes you have ideas. Sometimes ideas come to you. But if it's meant to be your soulmate, you know it when you see it." "Complexity is interesting to me. Things that are not sexy on the surface is also weirdly interesting." "Especially if you can see that it's sexy but people don't understand yet." "That's where the sparkle in your eye, you kinda go, 'You don't see what I see, and I'm pretty sure I'm right'. And that's the fun part." travis kalanick benahorowitz.eth Erik Torenberg
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Travis Kalanick on what makes an idea worth betting on: "Sometimes you have ideas. Sometimes ideas come to you. But if it's meant to be your soulmate, you know it when you see it." "Complexity is interesting to me. Things that are not sexy on the surface is also weirdly interesting." "Especially if you can see that it's sexy but people don't understand yet." "That's where the sparkle in your eye, you kinda go, 'You don't see what I see, and I'm pretty sure I'm right'. And that's the fun part." travis kalanick benahorowitz.eth Erik Torenberg

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💬: what’s jungwon’s way of taking care of his mentality? 🐈: admitting differences, and if i’m wrong, admitting that i’m wrong. that’s where it all starts. i feel like that's something i really learned while working. 🐈: being different and being wrong are not the same thing, you know? if you can't admit that you're different from others, or that you're wrong, there's no next step. 🐈: but there are always people like that, right? just take a good look at them. you'll see they don't have many people around them. 🐈: when it comes to managing your mental state... in the end, you have to solve the problem for things to get better. to solve it, acknowledging it is really important. if you messed up, you have to admit it. you get what i mean, right? #정원 #JUNGWON ENHYPEN

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Giannis says if you owe the bank $100 million, that’s not your problem, it’s theirs “Debt’s my friend. I can make more money on return of investment” “If you have a debt and you owe the bank $100 million, you don’t have a problem. They have a problem” “People don’t understand, money makes more money for you…”

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If you can be disciplined and productive all day, but then relapse on porn at night, you don't have a willpower problem. You have a starvation problem. There's a specific appetite in you that you've been ignoring on purpose, and it's the one that's actually driving most of your relapses. Here's how to fix this 👇

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🚨 NOW: President Trump RIPS Islamist London Mayor Sadiq Khan, and says 3rd world migration is DESTROYING the UK He nailed it: "The immigration helps CAUSE the crime!" "A horrible representative for your country. You know that. It's where you're smiling and laughing. It's true. But you know that. The Mayor of London is a horror show!" "But you have a crime problem. You have an immigration problem. The immigration helps cause the crime, by the way. And you have a tremendous energy problem. You're building stupid windmills all over the country."
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🚨 NOW: President Trump RIPS Islamist London Mayor Sadiq Khan, and says 3rd world migration is DESTROYING the UK He nailed it: "The immigration helps CAUSE the crime!" "A horrible representative for your country. You know that. It's where you're smiling and laughing. It's true. But you know that. The Mayor of London is a horror show!" "But you have a crime problem. You have an immigration problem. The immigration helps cause the crime, by the way. And you have a tremendous energy problem. You're building stupid windmills all over the country."

Eric Daugherty

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🚨 NOW: President Trump RIPS Islamist London Mayor Sadiq Khan, and says 3rd world migration is DESTROYING the UK He nailed it: "The immigration helps CAUSE the crime!" "A horrible representative for your country. You know that. It's where you're smiling and laughing. It's true. But you know that. The Mayor of London is a horror show!" "But you have a crime problem. You have an immigration problem. The immigration helps cause the crime, by the way. And you have a tremendous energy problem. You're building stupid windmills all over the country."
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🚨 NOW: President Trump RIPS Islamist London Mayor Sadiq Khan, and says 3rd world migration is DESTROYING the UK He nailed it: "The immigration helps CAUSE the crime!" "A horrible representative for your country. You know that. It's where you're smiling and laughing. It's true. But you know that. The Mayor of London is a horror show!" "But you have a crime problem. You have an immigration problem. The immigration helps cause the crime, by the way. And you have a tremendous energy problem. You're building stupid windmills all over the country."

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Ben Horowitz explains why AI killed the 'Mythical Man Month': "For my whole life in technology, there was this thing called the Mythical Man Month: nine women cannot have a baby in a month." "If you're Google, you can't just put a thousand software engineers on a product and wipe out a startup because you can only... build that product with seven or eight people. Once they've figured it out, they've got that lead." "That's not true with AI. If you have data and you have enough GPUs, you can solve almost any problem. It is magic." "You can throw money at the problem. We've never had that in tech." benahorowitz.eth with David Solomon and David Haber
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Ben Horowitz explains why AI killed the 'Mythical Man Month': "For my whole life in technology, there was this thing called the Mythical Man Month: nine women cannot have a baby in a month." "If you're Google, you can't just put a thousand software engineers on a product and wipe out a startup because you can only... build that product with seven or eight people. Once they've figured it out, they've got that lead." "That's not true with AI. If you have data and you have enough GPUs, you can solve almost any problem. It is magic." "You can throw money at the problem. We've never had that in tech." benahorowitz.eth with David Solomon and David Haber

a16z

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Michael Seibel on how to get and test startup ideas As the former CEO of Y Combinator puts it in the clip below: “There’s a common misconception that your idea has to be great to start a company, and the first thing I want to do is destroy that misconception.” Michael was one of the cofounders of JustinTV, which later become Twitch and sold to Amazon for almost $1B. Their original idea was to create an online reality TV show—very different from where Twitch eventually ended up. Rather than falling for the trap of thinking that your initial startup idea has to be great, Michael advises founders to start with a problem: “Starting with ideas is tricky because people immediately want to grade your idea. It’s a lot easier to start with a problem and think about how you grade a problem.” Ideally the problem you set out to solve is one you've experienced personally or have some sort of connection to. You should ask yourself: “why am I uniquely qualified to work on this problem?” Is there some unique angle or approach you're taking to the problem that you understand but you don't believe others understand? Peter Thiel argues that “great companies have secrets: specific reasons for success that other people don’t see." After identifying a problem, you’ll want to start thinking about your MVP. What's the first solution you're going to build and release to see if you can help your initial users solve this problem? But don’t fall in love with your MVP. As Michael puts it: “A lot of people fall in love with their product and are not in love with their problem or their customer. I advise the opposite. Be in love with your problem. Be in love with your customer. And treat your product in a way that can change, develop, and improve.” And once you have an MVP, you should have a strong opinion about who your initial customer is and handpick all of your initial users. The goal with an MVP is not to see how many people want to use your product. It's to see if your solution actually solves the problem for your initial target customers. “The best startups very heavily filter the people who are able to use the initial product and make sure that they’re the right type of initial customer.”

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13:00

The Scott Adams hypnosis track to solve your biggest problem -- lovingly edited and with added audio enhancements for maximum effectiveness. (Use headphones to get the full impact of the Theta wave frequencies.) You can spare 13 minutes to fix your biggest problem, can't you? (Don't watch this if you're driving, ok?)

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VARNEY: It seems like a whole lot of problems surfaced as soon as you took office. Do you blame your predecessor Buttigieg for this? DUFFY: I do, because when leaders see problems, they can't ignore the problem and pass it off to the next guy. What you should do is actually fix the problem.
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VARNEY: It seems like a whole lot of problems surfaced as soon as you took office. Do you blame your predecessor Buttigieg for this? DUFFY: I do, because when leaders see problems, they can't ignore the problem and pass it off to the next guy. What you should do is actually fix the problem.

Aaron Rupar

482,385 Aufrufe • vor 1 Jahr

Bridgit Mendler on how Northwood is fixing the space economy's ground infrastructure problem: "The problem that we're solving is for every satellite, it requires a connection point back to Earth so that they can control the spacecraft." "That point of contact on Earth is called the ground infrastructure." "If you don't have it, you don't have a space mission." "It literally is just like a rock in space you're doing nothing with." "There was this whole boom around spacecraft manufacturing." "And interestingly what started becoming the longest pole in the tent was just getting the point of contact on the ground to connect with." "You could build a satellite and launch it faster than you could actually connect with it from the ground." "Which just seemed absurd." Bridgit Mendler with Erik Torenberg
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Bridgit Mendler on how Northwood is fixing the space economy's ground infrastructure problem: "The problem that we're solving is for every satellite, it requires a connection point back to Earth so that they can control the spacecraft." "That point of contact on Earth is called the ground infrastructure." "If you don't have it, you don't have a space mission." "It literally is just like a rock in space you're doing nothing with." "There was this whole boom around spacecraft manufacturing." "And interestingly what started becoming the longest pole in the tent was just getting the point of contact on the ground to connect with." "You could build a satellite and launch it faster than you could actually connect with it from the ground." "Which just seemed absurd." Bridgit Mendler with Erik Torenberg

a16z

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