this is the dream
>> make a lot of money in business #1
>> use it to fund business #2 that is otherwise too ambitious/technically risky/unclear ROI for traditional capitalization
It took me a while to fully realize the value of something my company achieved years ago, and continues to savor today. It’s one of our greatest quiet advantages, full stop.
It’s not something you hear much about in business circles. In fact, I can’t remember the last time I heard anyone spend much time on the topic, or even bring it up in conversation, on a conference stage, or behind a podcast mic.
There is, however, lots of discussion about achievement in business. A company can achieve product market fit, operational efficiency, influence, revenue goals, or, ultimately — and hopefully — profitability.
But I’m not taking about those things. Those are the obvious things, the common talking points. And to those you can add the vanity metrics of achievement — social media followers, traffic, views, impressions, open rates, press mentions, gross this or gross that.
All those are what they are, but they aren’t where it’s at.
What I’m talking about is optionality. Achieving optionality is where it’s at.
Optionality is a hearty mix of profit margin, small size, independence, attitude, and freedom. You’ve got to have all of it to have optionality.
If a board is calling the shots, you don’t have much optionality. If your margins are thin, or non-existent, you don’t have much optionality. If the public owns a piece, you don’t have much optionality. If you’re too big to change direction quickly, you don’t have much optionality. And if you’re afraid to speak your mind and stake your point of view, you don’t have much optionality.
Optionality lets you do things no one would give you permission to do. It lets you write excellent software and give it away for free if you choose. It lets you do things that don’t make sense in the current climate, but will long-term. It lets you be early while eventually catches up.
Optionality is ecstasy. It’s making it up as you go, without making excuses. It’s openly changing your mind without having to save face. Optionality is equanimity, the corporate equivalent of enlightenment.
So, entrepreneurs, ditch the bullshit. Abandon growth-at-all-costs. Reject conventional metrics. Scorn hollow acceptance. Instead, hunt for optionality. It's freedom. It's power. It's everything you crave, wrapped in a single, potent package. Chase it relentlessly. And when you get it, don’t let go.
I tried the same thing with all the major AIs 6 month ago and it didn’t work, even after many rounds of corrections. Tried again 3 month ago, and it didn’t work.
Last week I got it to work with 03-mini high.
Reading the last chapter of The Martian on a plane going through heavy turbulence was absolutely the way to do it.
Movie wasn’t nearly as immersive. Great book @andyweirauthor
One thing CFD and computer aided design allows is rapid, semi-automated design iteration and comparing lots of unusual concepts very, very quickly.
Take, for example, the 2020 unconventional aircraft design study run by Onera and DLR...
The curved back generates significant lift and induced drag, as indicated by the air streaming downwards. The bottles can act as a spoiler and significantly reduce this effect.