How to Start a Startup @HowtoStartupYC
time-tested strategies from successful entrepreneurs. Joined February 2022-
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“I ended up realizing that it was actually just my job to make sure that we got all of the problems solved, not that I had to personally solve them all.” – Aaron Levie / @levie
My best career advice: At every job you should either learn or earn. Either is fine. Both is best. But if it's neither, Quit. - Garry Tan (@garrytan) / President Y Combinator
We assume that tomorrow won’t be like yesterday. We can’t afford to rest on our laurels. We can’t be complacent. We can’t assume that yesterday’s success translates into tomorrow’s good fortune. —Michael Moritz of @sequoia
"If you have a US startup called X and you don't have x. com, you should probably change your name. The reason is not just that people can't find you. The problem with not having the .com of your name is that it signals weakness." - @paulg / Paul Graham
"If you have a US startup called X and you don't have x. com, you should probably change your name. The reason is not just that people can't find you. The problem with not having the .com of your name is that it signals weakness." - @paulg / Paul Graham
"Pessimists sound smart. Optimists make money." – Nat Friedman (@natfriedman)
Elon Musk / @elonmusk : “When something is important enough, you do it in spite of fear.”
“During our hiring meetings, we ask people to consider three questions before making a decision: - Will you admire this person? - Will this person raise the average level of effectiveness of the group they’re entering? - Along what dimension might this person be a superstar?”…
•The efficient market hypothesis is a lie - At best it is a very lossy heuristic - The best things in life occur where EMH is wrong - In many cases it's more accurate to model the world as 500 people than 8 billion - "Most people are other people" - @natfriedman
Four steps: 1. Choose a field 2. Learn enough to get to the frontier 3. Notice gaps 4. Explore promising ones This is how practically everyone who's done great work has done it, from painters to physicists. - Paul Graham / @paulg
“Any VC who requires a long detailed written business plan is probably not the right VC to be working with.” - @pmarca
Compounding is magic. Look for it everywhere you go. Exponential curves are the key to wealth generation. - @sama
The main reason it's easier to start a startup now is that it's cheaper. Technology has driven down the cost of both building products and acquiring customers. - @paulg
Warren Buffet and Charlie Munger on Power of Incentives youtu.be/rE58wOEy_f8
"Have a table in your offer letters that shows how much the stock you’re granting a new hire could be worth in various scenarios." - @sama
Have the right kind of office. The proper office for a very small company is an apartment or house.
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