how I’d build a startup
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
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.
One of function of the artist is to move into the realm of the unknown real and must explore beyond convention, the boundary or expectation. They cannot simply operate within the realm of the understood, the explainable and quantifiable. They must fearlessly venture beyond these things and bring what some of what they find to the surface. When they
... See moreYou'll hear it again and again, the easiest way to empathize with your users is to be the canonical user yourself. I tend to subscribe to this idea, which is unfortunate because it means I have hundreds of apps installed on my phone at any point in time, just trying to keep up with the product zeitgeist.
Remains of the Day • Status as a Service
Repeat the mission over and over.
Repeat the yearly goals over and over.
Repeat the quarterly goals over and over.
Say it so many times, the team tells you to stop saying it and then keep saying it. It needs to become like a reflex.
- Lesson learnt after Dao asked me what our goals were and I didn’t know the details.
You really want to do everything with quality as that is where the satisfaction and peace is." – Nick Sleep
Inspired by Zen and the Art of Motorcycle Maintenance
“Do not divide your attention. Focusing on one thing yields increasing returns for each unit of effort. At a micro level, an extra hour of focus on the current project has a much higher return than an hour on something new, or worse, 5 minutes each on 12 new things. Before you ever do something new, you should understand the opportunity cost versus
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