Startup

In general, your best weapon against these monsters is determination. Even though we usually use one word for it, determination is really two separate things: resilience and drive. Resilience keeps you from being pushed backwards. Drive moves you forwards.

Only those who are asleep make no mistakes. 

Charlie Munger

The breakthrough came when I called a team meeting and proposed something radical: focus 80% of our attention on breaking this one constraint and only 20% on everything else.

Jay Gould - extreme focus on one thing is a superpower. Avoid multi tasking.

2. If your product isn't stellar (or striving to be), nothing else matters.

The days of scaling B2B SaaS and having a product that is fine, passable, or otherwise are over.

Problems are just opportunities in work clothes - Henry Kaiser

The road to success is paved with mistakes and problems well handled

Buffet and munger - schedule time to think and avoid multi tasking. Default to no and keep an open calendar. Get rid of envy. Someone will always be doing whatever you can think of better - who cares?

1. Focus on unit economics from day one. Understand your costs and revenue at a granular level.


2. Wait to hit certain revenue milestones before hiring additional teammates.


3. Explore alternative funding sources like revenue-based financing, crowdfunding, or bank loans.


4. If you do need to raise VC money, approach it