I’m seeing a lot of founders saying they’re getting more and more conversions from ChatGPT. So I took a look at what they’re doing.
It turns out getting your product mentioned on it is much harder than ranking on Google.
As I was expecting you need in-depth content and quality…
Brian Chesky on why ‘founder mode’ is the best way to run a company
"If you go through history, many of the best leaders - from Steve Jobs to Walt Disney to Jensen, Elon, and many others today - they are people that are in the details.
A lot of people hear this and say ‘isn’t…
Stay bootstrapped/self-funded as long as possible.
I maintained 100% equity until the day I exited Myprotein.
As a result:
I didn't have to please the investors - and could focus on pleasing the customers.
I got a way bigger exit as I could build out the value first.
I recently came across data on who we spend our time with over the course of our lives.
The insights are simultaneously inspiring and depressing.
Here are 6 graphs everyone needs to see:
We are all here on this planet, as tourists, as it were. None of us can live here forever. The longest we might live is a hundred years. So while we are here we should try to have a good heart and to make something positive and useful of our lives.
As startups grow there is extremely strong pull into what I call the death spiral of bullshit.
More people -> more teams -> more buy-in required -> more meetings -> being persuasive rewarded more than building -> builders leave -> nothing gets done
If you have 3 reps hitting quota, you can get to 30 and even 300
But so many startups struggle to get past 2 reps that perform for quite a while
Why? You haven't productized sales yet
Those 2 mostly figured it out on their own
In your first years as a founder you feel like you’re striving towards a promise land. Eventually you realize there is no end goal, no Garden of Eden — you fix things until they break again, you build things until you need to rebuild them — and the journey is truly the reward.
If you have something great, and you know it, doing whatever you can to maintain as much equity as possible has huge long term implications when you finally realize the outcome in some way (or even decide to cash flow the business)
Startup success is not defined by your valuation, how much capital you've raised, how many employees you have, but how many happy paying customers you have. It's time to normalize celebrating real business milestones over vanity metrics.
Startup success is not defined by your valuation, how much capital you've raised, how many employees you have, but how many happy paying customers you have. It's time to normalize celebrating real business milestones over vanity metrics. https://t.co/R9lzt2rAtt
@BitcoinBirch@josephflaherty True. A founder who is good enough to build and own 80% of a real company valued at $65M will manage to hold on to a big percentage of their life’s passion/work over time. If their target market happens to be big, it’s those types of founders that become billionaires.
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