Mike

delusional optimist

[Mike @mikedolan__]

This is why game theory is so important to understand.

[ₕₐₘₚₜₒₙ @hamptonism]

This is one of the most eloquent explanations of how successful people use Game Theory to their advantage.

[Mike @mikedolan__]

Had a meeting with an older founder yesterday who sold his company for $300m.

He told me "if it's not a billion dollar market, don't waste your time."

Good advice for the game he played. He took venture money. He needed a giant exit to make the math work.

But that's his math, not mine. A small market you can actually win beats a huge one where you're the fortieth person getting run over.

[Mike @mikedolan__]

This is why game theory is so important to understand.

[Mike @mikedolan__]

@Dearme2_ > Start something new
> Start an X account

[Mike @mikedolan__]

@jackprice Underrated one: pay to be in the room where your customers already are.

If a $500 ticket can put you in front of 10 real buyers, and one of them is worth $30k a year, that's a 60x return on the bet.

[Mike @mikedolan__]

@HussainIbarra Consistently moving in the right direction beats getting rich quick

[Mike @mikedolan__]

@Tristanrhee3 - your network
- ability to not take no for an answer
- being a delusional optimist

[Mike @mikedolan__]

@thejustinwelsh I think it depends on the mindset as well.

Networking > GPA

Procedural Knowledge > Declarative Knowledge

The 4-year degree alone has become less and less of a springboard and more of a floor. It doesn't launch you anywhere.

[Mike @mikedolan__]

Friday cold calling is a great unlock

[Mike @mikedolan__]

@pmarca Perfectly happy making AI slop! No complaints here!

[Mike @mikedolan__]

@pmarca Don't forget how we'll own nothing and be happy! Am I right!?

[Mike @mikedolan__]

@yunbin_bae Knees weak arms spaghetti

[Mike @mikedolan__]

Everyone wants to build the AI that does everything.

I'm far more focused on the one that does a single annoying thing a specific person already hates doing.

Less impressive at a party. Far more likely to get paid for.

[Mike @mikedolan__]

@Xhej__ Life's a game

Play it

[Mike @mikedolan__]

@gabriel1 Now try setting time limits to each todo...

[Mike @mikedolan__]

@emtalas You cant solve someone's problem with out listening, and asking the right questions

[Mike @mikedolan__]

@GRITCULT Fear the man in the t-shirt..

[Mike @mikedolan__]

@readswithravi Damn I love a good decision tree

[Mike @mikedolan__]

People talk about multitasking like it's doing two things at once. It's not. It's switching. And every switch leaves a little of your attention stuck on the last thing. You show up to the new task already half-gone. Focus isn't about working harder on one thing. It's about not paying that tax forty times a day.

[Mike @mikedolan__]

@thejustinwelsh Consistency and curiosity, together.

Consistency keeps you going.

Curiosity makes sure you're going somewhere worth ending up.

Working hard at the wrong thing is just a slower way to be stuck!

[Mike @mikedolan__]

My mentor's whole theory of business:

"Shake the bush. If there's a rabbit, beat the shit out of it until you've found every rabbit in there."

Most people are great at the shaking part.

New bush, new bush, new bush. Feels like progress every time.

The money is in the part nobody likes. Staying at one bush long enough to find out how big the rabbit actually was.