The shocking revelation was that in almost every single case, more than 99% of cases, if you looked at something interesting, like a car, for example, or a butterfly or a bird or whatever it might be, if you go back in its history and you look at what were the steps that led to that thing, the steps look nothing like it at some point back. Right be... See more
Startup time management in three simple steps:
1. Write down your todo list
2. Trash it
3. Do the absolute most essential thing for the survival of the company
It also means that increasingly the real value or trick won’t be in blowing up, though of course, it will only get harder and harder to do so as we continue to exponentially increase our output of content, but rather in holding on to the 15 seconds of fame once we have it.
6. Property rights have become encryption. The state’s conception as the legitimate guardian of private property extends back to at least philosophers Thomas Hobbes and John Locke. But cryptocurrencies challenge this view as they establish a full-fledged theory of digital property rights outside the state.
I think all of this feels more natural to people who are immersed in the fine art market, or the market for rare limited-edition sneakers, etc. (I am not!) These are markets in which scarcity by design is a huge part of the fun, and that’s not true for all, or even most, markets for creative work. (I’m thinking of the market for, say, streaming TV ... See more
The enormous upside to all this is that this extra energy can be liberated if we just allow things to take as long as they take. This doesn't even mean having to move slowly in circumstances that require us to move quickly, but to be able to move quickly in an easy, non-rushed way!