Prioritize Real Friends Over Deal Friends
LifeFocus on people who care about your inner world and would help you in a crisis, rather than those seeking investments or introductions.
3 more supporting quotes are in the member records.
앤드루 윌킨슨
Co-founder of Tiny; bootstrapped MetaLab, then bought and held small internet businesses
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Principles are our summary of their public statements.
Focus on people who care about your inner world and would help you in a crisis, rather than those seeking investments or introductions.
3 more supporting quotes are in the member records.
Run from buyers who require multiple layers of approval, as this increases the risk of the deal falling through.
3 more supporting quotes are in the member records.
Look for unglamorous businesses with high needs and few smart competitors, like local service businesses, to increase the odds of success.
Supporting quotes
If you're starting your first business, don't try to deadlift 300 pounds. Start with the baby weights.2 more supporting quotes are in the member records.
Understand that while you judge yourself by your intentions, the world judges you by your actual behavior and its impact.
2 more supporting quotes are in the member records.
In peer groups, focus on sharing experiences rather than giving prescriptive advice unless it is specifically requested.
2 more supporting quotes are in the member records.
Do not feel obligated to fulfill past commitments that no longer align with current priorities or well-being.
2 more supporting quotes are in the member records.
Accept that being disliked by some is a necessary trade-off for living a life that is not miserable or inauthentic.
2 more supporting quotes are in the member records.
Focus intensely on high-interest areas while delegating administrative or repetitive details that are difficult for a non-linear mind to manage.
Supporting quotes
The very traits that make traditional jobs challenging become superpowers in entrepreneurship: a tendency to see the big picture while delegating details, the ability to hyperfocus intensely on whatever interests us, a knack for building systems to compensate for our weaknesses.2 more supporting quotes are in the member records.
Recognize that traits seen as disadvantages in structured environments can be assets in high-uncertainty fields like entrepreneurship.
Supporting quotes
The very traits that make traditional jobs challenging become superpowers in entrepreneurship: a tendency to see the big picture while delegating details, the ability to hyperfocus intensely on whatever interests us, a knack for building systems to compensate for our weaknesses.2 more supporting quotes are in the member records.
Focus on win-win outcomes and work with people who can be trusted without needing exhaustive legal contracts.
Invest in testing and data to uncover hidden problems that are easy to fix but have compounding negative effects over time.
Supporting quotes
I had no clue about either of these issues, and I'm someone who actually pays attention to this stuff. Both were quick fixes and resolved within a few weeks.1 more supporting quote is in the member records.
Do not let a single failed attempt at a new business function lead to a permanent belief that the task is impossible.
2 more supporting quotes are in the member records.
Focus on building a business that answers to the needs of customers rather than the growth demands of venture capitalists. This allows for long-term stability and personal freedom.
3 more supporting quotes are in the member records.
Build a brand that becomes synonymous with the product category so customers search for your name rather than a generic term.
3 more supporting quotes are in the member records.
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