Everyone sells you on the formula you should follow to build the "best and biggest company."
When making a decision, how often do you consider all benefits and costs associated? And which do we leave out?
Life is hard. The days are long. Everything always goes wrong. People want you to fail. Everyone is disadvantaged. The list goes on and on. We all have bad days. Some, objectively worse than others. But relatively - we all go through our own ups and downs.
This is not a particularly exciting topic, but it is something that I think a lot about.
I am writing this as a reminder for myself, but also to the millions of people, in 2017, who think that "it would be cool to start a company one day." I think it is a fad to start a company and become an "entrepreneur," whatever that means.
I am consistently fascinated by how we spend our time, and the consequences of our choices. I wrote the other day about an investor like framework for "investing your time" that discussed a mindset for approaching time allocation. Today, however, I'll provide a way to think about your day that gives you more time to do what you want.
Whether or not technical founders like to admit it, sales is at the core of most businesses. You can go out and build the cleanest, most beautiful product in the world, but if you cannot sell it, no one will ever use/buy it. Young companies, in particular, spend a lot of their time selling.
"Tell me about yourself." In the numerous interviews I have done over the past 6 months, most, if not all, started with this statement: "Tell me about yourself." The question really says: "tell me about your past experiences, what you learned, etc."
I have always found "advice" to be an interesting subject.
In theory, advice can be super powerful. When directed and explained well, it has the power to "change lives." Bad advice, in contrast, can steer people in the wrong direction. It can cost people thousands of dollars, and more importantly, years of their life.
As humans, we are generally pretty bad at expectation management. We tend to overestimate length of time required to accomplish something, but underestimate the potential impact of said thing.