@youderian As somebody getting ready to launch a new business with a proprietary product, I find this encouraging. It seems like other parts of the business like storytelling, solid marketing, etc are all table stakes, but still glad product is the differentiator.
@MehtabKarta An experience, like a massage and/or time with her friends while you watch the kids for the day. Cook her dinner. Take her on a romantic walk. Or whatever else you think she would enjoy but is reluctant to do for herself.
@couuor This sounds like what in other AI spaces is called context engineering. What context the AI is given to work with make a huge difference in the output. It's as fundamental as instructions.
Does that sound right to you, or am I conflating two things?
@Seanfrank Mine is 5 months now. Came 2.5 months early. Those early days were so intensely stressful, but you're right that it goes you a new sense of drive. I just want to provide a good example to him, and give him the best shot at winning in life.
@mbertulli I learned this the hard way with my first business. Picked an industry for the "potential" and ultimately figured out that I should have picked something I actually cared about so I'd put a different kind of creative energy into it. Love this take.
@TaylorHoliday Jevon's Paradox... how many more businesses will use agencies because they cost so much less? There might be more agency jobs at the end of the year, not less. They'll just look different than they used to.
@TaylorHoliday Yeah the bottleneck right now seems to be with people's ability to provide the machines with clear enough instructions to avoid a lot of errors and leading to back and forth. Most don't understand how to talk to a computer.
@andrewjfaris@Seanfrank@Malone_Wealth Correct me if I'm wrong. If all revenue outside of wallets declined, that would be considered a problem, right? Major sign of underlying issues that need to be addressed?
@MehtabKarta SBA loans are just the SBA guaranteeing 75% of the loan to the lender in case of default, which rarely happens. They're not subsidizing the business at all, and only give money to the lender if you default. And then also come after you to try to collect what they had to pay.
Unpopular thought: bias towards action isn't enough.
Too many times I've been in organizations that glorify a bias to action, and spin their wheels wasting tons of energy on subpar ideas. The worst is when they look up proudly after all that work thinking they've killed it.
Meanwhile the team is stressed, struggling to hit goals that were based on some executive's wishful thinking, and becoming progressively more unmotivated.
It's much better to slow down, think through what you're doing and why you're doing it.