Sam Hinkie's resignation letter outlines his unconventional management approach, the Philadelphia 76ers' strategic goals, and reflections on decision-making, innovation, and the importance of long-term planning in building a successful basketball team.
When my dad and I started Philz, we didn’t open our second store until nearly 5 years after founding. It takes time to set the foundation. The beauty of brick & mortar is you learn in real time and can iterate in the moment.
Play the long game.
People really underestimate **just how early** @joerogan was to podcasting.
2004 - Term "podcasting" is coined (ipod + broadcasting)
2005 - iTunes starts supporting podcasts
2009 - @joerogan starts his podcast
2012 - Apple... See more
There is a common issue of over-optimizing the metrics in business, which can damage the whole system.
Doing the wrong thing efficiently is actually worse than doing the right thing badly.
– Rory Sutherland
"the gradual + slow build of something beautiful and substantial interests me more than suddenly giving into what feels convenient or pleasurable in one slice of a moment in time" https://t.co/SyooBOYZ4p
As people contort themselves to please the algorithm for short-term payouts, there’s even more of the less legible, less liquid, but ultimately more important long-term value up for grabs for you if you continue to just be yourself and talk about whatever lights your fire, algorithm be damned.