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Why send your blog posts or videos to a middleman, asking them to kindly post it from their server, so that they can send it to people who signed up to hear from you? The main reason, frankly, is that even many smart creators don't understand the current internet's architecture. But people learn fast when there is a large degree of money and power... See more

Lesson #2: Strive for a great UX and a good-enough UISimply put, how things work matters more than how they look. This is especially true in the early stages of a product when you have supportive early adopters.On the other hand, a “good-enough” UI is … good enough, especially since it can be more subjective. For example, color and font schema can... See more

People with very high expectations have very low resilience

A knowledge entrepreneur also wants to evolve over time as their audience matures and their needs change. Maybe somebody who's offering a newsletter today chooses to offer an online course or community tomorrow. That’s what we see happening among our customer base.

From Squiggles to a cure for cancer, Apes to carbon reduction, Punks to saving the fishes.

"We as executives have to resist our natural tendency to avoid or minimize risks, which, of course, is much easier said than done," he says. "If you want to be original, you have to accept the uncertainty, even when it’s uncomfortable, and have the capability to recover when your organization takes a big risk and fails."

9. Fund strategy: target fund size, average check size, carry & management fees