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'Moneyball': The Very Good Feel-Bad Sports Movie of the Year - Entertainment - The Atlantic September 26, 2011 at 11:02PM
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I want to hear about things out there that they love.
Leaders are people who go their own way without caring, or even looking to see whether anyone is following them.
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"Shane," I said, "this morning, did you look in the mirror and imagine that you were looking at next year's conference player of the year?"
The next day I called again. "Shane, it's Coach. When you were on your way to work this morning, did you imagine scoring 30 points in a game this season?"
"I won't hang up on you if you won't hang up on you,"
Shane needed to imagine these sorts of things in order to become the player that he could be.
He had all of the tools to become a great player, but he fully realized his potential only when he allowed himself to imagine great things.
For motivating Shane, the crucial word to communicate was "imagination." For others, it may be "enthusiasm" or "self-confidence" or "poise." But undefined words are meaningless - meaning is understood by seeing a word in action.
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How to Earn a Co-Founder:
-Learn to Code
-Build the Front-End
-Have real users
-Build a following
-Spend some money
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“We believe online sharing is broken, even awkward,”
Bradley Horowitz opened Google Image Search and typed “Emerald Sea”. The first result, a depiction of an 1878 painting created by German immigrant artist Albert Bierstadt, so impressed Horowitz that he commissioned a pair of art students to copy it on the wall facing the fourth floor elevators.
This mother-of-all-streams would be the equivalent of an intravenous feed of information, with inclusion of all the vital content from our social graph and the world at large (Google calls this the “interest graph”). It would scroll forever, and everything would be relevant. If Google’s original goal was to expeditiously dispatch us elsewhere, with this near-clairvoyant stream, Google could turn us into search potatoes who never leave.
1. Some people don’t feel obligated to do much of anything or they don’t like to feel obligated to do something, even if it’s the optimal thing for them to do. We like choice, or at least the illusion of choice.
2. If what you’re doing isn’t making you happy, you probably won’t do a good job at it.
At the end of the day, the best thing you can do is to figure out what makes you happy and then do the hell out of that thing.
Problem is, it’s really really hard to figure out what makes you happy. It’s way easier to guilt yourself into a sense of obligation which you then use to rationalize the decision to do something you don’t actually enjoy.
This advice is so completely and utterly not new, but it’s repeated over and over again because so few of us actually seem to remember it. Trying to do what you love as a guiding principle makes a helluva lot more sense then acting out of a sense of obligation.
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“Don’t undertake a project,” an oft-quoted Land maxim goes, “unless it is manifestly important and nearly impossible.”
1947: Instand photography introduced by Land
1950's: Company thrived, introduced new, improved models
1960's: Company thrived, introduced new, improved models
1972: SX-70 launched
1979: Land forced out of Polaroid
“The A-bomb of photography…revolutionary, spectacular, and amazing.”
dream all along: “absolute one-step photography.”
Land’s Polaroid, by Peter C. Wensberg Longtime Polaroid executive
Insisting on the Impossible Victor K. McElheny’s excellent 1998 biography of Land
2011.06.18 | Permalink | Comments (0) | TrackBack (0)
Filling holes is mediocre and boring. Dare to build something incredible – something unique, something lasting, something special.
Ideas are lasting, products are not. The easiest way to build something incredible is to base your business around an idea. Products are just the manifestation of the idea.
"We make it easier to collaborate with others and share your projects with the universe."
If I look into the future, I know that the idea of collaboration is lasting — but Git? That’s a hard bet to make.
it’s okay to focus on a product at first. But as soon as you find your strengths as a company, abstract it out into an idea and focus on that.
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1. Honesty, Trustworthiness
2. Adaptability, Flexibility
3. Commitment, Accountability
Good: Seeing and approaching the world in a way that truly benefits those around you.
Global: openness to new experiences and new ideas, as well as the ability to make new connections and to create new combinations.
Grit: It spurs you on when others give up and gives you the grip you need to forge ahead.
I regularly get asked questions (via email, face to face, and this blog) by non-technical entrepreneurs how they should get started if they don’t have a technical co-founder. There are a variety of answers – one is “learn to program.” In Nate and Natty’s case it’s worked out great and their story is an instructive one. So we’ve decided to work on a series of blog posts together about their story of how they learned to program, the resources they used, decisions they made, struggles they had.
2011.06.14 | Permalink | Comments (0) | TrackBack (0)
The most common question they hear from investors is not about the founders or the product, but “who else is investing?”
Get involved in your local tech community. Meet every entrepreneur and investor you can. Entrepreneurs tend to be more accessible & sympathetic and can often make warm intros to investors.
What you should really be focused on when pitching your early stage startup is pitching yourself and your team. When you do this, remember that a startup is primarily about building something. Hence the most important aspect of your backgrounds is not the names of the schools you attended or companies you worked at – it’s what you’ve built.
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Pic A Fight was built on:
-Ruby 1.9.2 with RVM and Rails 3
-hosted on several Amazon EC2 micro instances (we spun up 5 during load)
-with an Amazon elastic load balancer instance
-using Amazon RDS (it's like a database instance) for our MySQL store and with images hosted via Instagram's Amazon S3.
2011.06.06 | Permalink | Comments (0) | TrackBack (0)
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Getting funded is not success. It's just something that makes success more likely.
$4.7 billion / 210 = $22.4 million, so the average value of startups we've funded is about $22.4 million.
The real lesson here though is how long it takes to measure performance in this business. We're 6 years in, and we could easily be off by 3x in either direction. Startup outcomes are unpredictable, and the outcomes of their investors doubly so, because it's hard to say whether the big successes are repeatable, or if the investors just got lucky. Even 6 years in, all we can say is that the numbers look encouraging so far.
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2011.05.29 | Permalink | Comments (0) | TrackBack (0)
“There are some people who just get what they want in the world. If you want to start a startup you have to be one of those people. You can’t be passive and wishy-washy,” Graham says.
YC looks for mental flexibility
“Startups often have to do slightly devious things,” Graham says. “You can tell if people have a gleam in their eye. You don’t want people who would be obedient employees… we’re not looking for people who did what they were told in life.”
Sam Altman was actually initially rejected, but he “pushed back like a 40-year old” and told Graham that he would be joining the program.
Angel rounds end and VC begins at a million dollars
Y Combinator keeps track of the successful companies that they initially rejected.
The total value of YC companies is now around $3 billion — YC has invested a total of around $5 million.
2011.05.25 | Permalink | Comments (0) | TrackBack (0)
many startups in the consumer world are now truly hits driven like video games or movies. We compare user numbers like box office receipts.
To win you must truly provide value that changes the way that end-consumers do something in their lives that will persist.
When pressed, not enough of these entrepreneurs can answer questions about why users would still be using this product in 5 years, about why their product is going to solve a consumer or business problem that isn’t being solved today. They pitch me features, not value...but value is what you need
When you solve a real problem you’ll win the true battle. The battle for share of mind.
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Most people in the business world don’t have a particularly clear idea on how to do their job well.
It is very easy for a C player to seem moderately successful when progress is largely based on inertia.
A players don't want to be at large companies because, more often than not, corporate bureaucracy and process not only fail to reward, but actually punish A players.
By contrast, startups have no inertia and need to create momentum from nothing.
Most startups need a core team of A players; folks who can “write the book and not just read it.”
One way these candidates can be identified is when they actually teach the interviewer something about how the company can win.
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1. Movies.xls or NameThatFilm.xls
2. Questioning the Long Tail
3. Marquette name debate
4. Business Model of a Blogger
5. Klosterman's "The (other) paradox of choice
I also write a travelog called Whereami and have a photo collection in Flickr.
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