Startup Advice

Say you have 100,000 DAUs and a retention rate of 80%, and for every five users, one of them tells a friend each day to download your app (and they do it). You get 20k new users per day just from word of mouth. In this equation, Xn is the number of DAUs today and Xn+1 is the number of DAUs tomorrow:

X n+1 = (X n * 80%) + (X n * (1⁄5))

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It is no coincidence that these three skills – managing the pace of change, elevating the next generation of leaders, and enabling the entire company to hit its goals – often make the difference between a functional leader topping out as an SVP and a cross-functional leader accelerating their trajectory as part of the C-Suite.

When you’re anxious, there is no quicker relief than checking things. Checking your Substack subscriber stats, refreshing your inbox and order confirmations.

Scott Belsky coined the term insecurity work to describe work that does not move the ball forward, but is quick enough that you can do it multiple times a day without realizing.

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Is the situation actually complicated or is it really quite straightforward, but you're making it complicated because it requires a lot of courage to make the straightforward decision?

The success myth is a trap entrepreneurs fall into where they assume success will make their lives easier. But that’s not actually how success works in entrepreneurship. As you progress further into your entrepreneurial venture, the success and growth you achieve is going to lead to lots of challenges you weren’t expecting.

Our decentralized approach for decisions passes the torch of responsibility, enabling fast-paced iteration without the need for approval processes. Individuals make urgent, locally optimal decisions. Any misalignments are then ironed out quickly afterward.