Johanna

The thing is, consumers in the bottom 78% of US workers live paycheck to paycheck, they already spend everything they have each month.They’re not holding back additional money, waiting for the right product to appear. Which means all this advertising is creating little additional growth and wealth, it’s just taking it from other companies.

For centuries, progress was stalled because inventors were all trying to create multi-person four-wheeled carriages, rather than single-person two-wheeled vehicles. It’s unclear why this was; certainly inventors were copying an existing mode of transportation, but why would they draw inspiration only from the horse-and-carriage, and not from the... See more

After you figure out your vision and get product-market fit, you should probably be spending between a third and a half of your time hiring.

Speaking of spending time, you should spend the time to learn a role before you hire for it. If you don’t understand it, it’s very hard to get the right person.