i don't think people really understand how easy it is to stand out if you just do one simple thing:
TALK LIKE A HUMAN.
that's it.
no corporate speak. no jargon. no fake.
just speak plainly.
https://t.co/jTdBc3gTkq
Your CEO should be strong.
Your CTO should be wise.
Your COO should be wicked, cunning, of mysterious origins, fluent in the dark arts, blurry in pictures,
Grindmaxxing is a cultural phenomenon that come backs every bull cycle (same discourse happened in 2021).
One thing I always think about is that for the most successful people I know, I just can’t imagine them doing this.
Zuck, the Collisons, Sam, Dario, etc. Can you imagine any of them doing the performative stuff? They’re all too busy.
Stop taking advice from people who've never built anything. If they haven't put something on the line, their opinion on your risk isn't worth hearing.
The people who judge the attempt are never the ones making one.
Elon Musk was asked why his companies move faster than anyone else.
His answer:
"I'm constantly addressing the limiting factor. Whatever the limiting factor is on speed, I'm going to tackle that. If capital is the limiting factor, I'll solve for capital. If it's not the limiting factor, I'll solve for something else."
He then said something most managers never figure out:
"If something is going really well and making good progress, there's no point in me spending time on it."
"The irony is if something's going really well, they don't see much of me. But if something is the limiting factor, they'll see a lot of me."
He spends his time entirely on whatever is blocking the next step.
Not on what's interesting. Not on what he's best at. But on whatever is the bottleneck right now.
Most leaders do the opposite... They gravitate toward what they're comfortable with and away from the hard problem.
From: @dwarkesh_sp and @collision
Every founder and CEO should read all they can about the drama triangle.
If you cannot face another person directly, you will drag a third person in and call it process. That is how companies rot from the inside.
Apple's Eddy Cue reveals the logic behind charging $0.99 a song when the company launched iTunes Store in 2003, despite the fact that Apple would lose money at that price:
"There were two keys to $0.99 that we really believed in, and people didn't see."
"Number one is when the price is $0.99, and it's consistent, you never have to think about price."
"The second thing was that people could never do that, because at $0.99, if you're charging a credit card, you would lose money. Because credit cards have a fixed fee and a percentage that you pay."
"Well, the fixed fee and the percentage you pay on a $0.99 song was like a quarter, and the vast majority of the [rest of] the money went to the labels. So every time we'd sell a song, we'd lose money. Nobody wanted to do that."
"What we decided to do is, as we were building this — and it was a huge discussion, because we would lose a ton of money — we said, 'Look, this thing is amazing. You're not going to buy just one song, you're going to buy a lot of songs.'"
"'And when you do that, instead of closing the transaction on every single one, why don't we just combine them over a period of time? Let's keep the transaction open for a period of time — let's call it 24 hours, or 8 hours. And everything you buy, we're just going to give you, then we're going to charge you at the end.'"
"And that's exactly what happened. Very few transactions were just $0.99. Most of the transactions were multiple dollars. And the fixed fee didn't matter."
Lead Edge is probably most famous for this letter. Mitchell calls it the "Hierarchy of Bullshit".
It's his way of distilling what he learned from cold calling 10,000 companies.
If you're not following @HumanProgress, you're missing out--not on progress, but the best understanding of how things are getting better and why. Kudos @Marian_L_Tupy@chellivia
Really great visuals showing how new technologies create new jobs over time
Over half of net-new jobs since 1940 are in occupations that did not even exist in 1940
via @a16z
The top people are always underpaid while the masses claim "is he really 100x better than me" the answer 99.99% of the time is yes.
Can the average person actually throw a baseball once at 95mph? No.
Too big of a spread. Same applies to IQ