how I’d build a startup
f you want to be successful and we do then you have to be willing to be misunderstood okay come on this has been a main theme the last month and do things that do not seem sensible to most people for example if you the employees come into the office in the morning thinking how are you going to beat number one number two and number three in the indu
... See moreFounders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
This is how I would build a startup
It's something we shouldn't even be thinking about at Workflow
the founder is the guardian of the company's Soul
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
a vendor who does not consistently
and voluntarily quote its lowest price to our buyers will be permanently discontinued as a purchasing source for Costco
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
I think this also why the Apple culture of secret works so well. On your most important values there can be no second chances. If I let you do it this once, then you'll do it again
why is this list not the same as the current Nomad portfolio
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
This makes me think about what I'm interested in and what I subscribed to and spend my time listening to do and doing.
And cutting down everything until I can focus on what matters.
I let you do it this one time you'll do it again the contract with the customer which is very low prices must not be broken
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
Costco gets this incredible deal better deal than they normally get when they buy 2 million pairs of designer jeans they wind up getting them for $22 so $10 less than Costco has sold the jeans for in the past so they offer this huge markup you could essentially mark it up another 50% and you'd still be half the cost of most other retailers so one of Costco's buyers recommends taking a higher gross margin than usual more than the normal 14% markup since no one would know so he says that the Jim Sagle
I think what's interesting about this image is that it’s our reality today, and you can look at every detail in this image. It's very deliberate; it's not a fluke. There’s a bed in the corner, and it's about the proximity of work, sleep, and leisure. You see art in the corner, and a picture of the guy’s family in the background. He’s not wearing a
... See moreBaukunst • This Could Still Be a Movement: Why Mars Needs a Creative Director
Return to first principles and act quickly on your new conclusions.
It’s very easy to take the world as it is, as opposed to envisioning it as you want it to be. For example, when re-designing a feature, one approach is to take what you have, and imagine small changes that will solve the problems with the feature. Instead, it’s often instructive t
... See moreJoe Lonsdale • Lessons from Peter Thiel
Peter Thiel
Obsess over perfection.
If you are designing something that a customer is going to use or that will represent us in public, it’s not good enough unless it’s flawless and extraordinary.
Especially in software, many situations have winner-take-all dynamics due to network effects and switching costs. Being the winner means being in the 99.99-percentil
... See moreJoe Lonsdale • Lessons from Peter Thiel
Peter Thiel
We’re a team of creatives who founded FLORA to solve our own problem: the lack of creative control in AI.