founder's mentality

.@dharmesh on why every founder is fighting the 2nd law of thermodynamics

In business, maximization is often the minimization of joy. I can’t imagine anything less interesting in business than maximizing shareholder value or trying to eek a few more bucks out of something or someone. To take it further, maximization as a concept just isn’t… Show more

Keep shipping till you cannot be ignored.

This is how we create Tesla products

You can be the best product for small market, build a real company, and then from a position of strength, either stay there or attempt to expand to adjacent markets. Or be undistictive in a huge market, out-advertised and invisible, never getting off the ground.

What do they got? A big team, lots of money, a strong brand, seemingly unlimited resources, panache, reputation, all that. They’re established. They’re your competitors. You want to look away, but you see them everywhere. Their ads on your social, their name in the media, your… Show more

48 smart things Sam Walton wrote in his autobiography: 1. It never occurred to me that I might lose. It was almost as if I had a right to win. Thinking like that often seems to turn into a self-fulfilling prophecy. 2. We just got after it and *stayed* after it. 3. We just… Show more

Work on startup ideas that require you to be the way you already are. Then what would in ordinary life be a mere idiosyncrasy can become a unique advantage.

14 more ideas from Buffett and Munger I don’t want to forget: 1. The one thing that has surprised me all my life is how many people with high IQs do massively stupid things. 2. Berkshire was a small business at one time. It just takes time. It is the nature of compound interest. You can't build it in one day, or one week. 3. Unfortunately, Bert... See more