Business Building
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Business Building
Jeff Bezos Shareholder Letters | Founders Podcast with David Senra #282 • Podcast Notes
podcastnotes.org
Something I told 9 yo: If you're a maker, resist being told what to do by people who aren't.
Paul Grahamx.com
Companies That Have Successfully Implemented Out-of-the-Box Thinking, via Rory Sutherland:
Octopus Energy
They have a software division called Kraken
They manage utilities in a much more sophisticated pricing environment, like cheaper rates for charging cars after midnight
“It’s very much about marrying supply and demand.” – Rory Sutherland
They have a
I think we are trying to build a company that serves the people that use it rather than serves the company that we founded.
Ben Thompson • An Interview with Kevin Systrom and Mike Krieger About Artifact
“At both Viaweb and YC, every minute I spent thinking about competitors was, in retrospect, a minute wasted... It's exceptionally rare for startups to be killed by competitors — so rare that you can almost discount the possibility... Inexperienced founders usually give competitors more credit than they deserve. Whether you succeed depends far more
... See moreOr take HEY. HEY has tens of thousands of paying customers. For us that's a win. For Google/Gmail it would be a huge failure. They need a whole lot more to make something worth it. We need a whole lot less to make it a spectacular success. HEY has tens of thousands of users. Gmail has a billion. So are we "losing" to Gmail? Or are HEY and Gmail... See more
You only compete with one thing
1) All businesses are loosely functioning disasters.
2) Operating a small business feels like a daily knife fight where you get out of bed, try not to get stabbed, get back in bed, and do it all over again.
3) Small businesses don't stay small on purpose.
4) Most companies don't make much money.
5) What money they make is almost always reinvested back... See more
2) Operating a small business feels like a daily knife fight where you get out of bed, try not to get stabbed, get back in bed, and do it all over again.
3) Small businesses don't stay small on purpose.
4) Most companies don't make much money.
5) What money they make is almost always reinvested back... See more