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💌 I've been improving @WIP's onboarding flow the last few weeks. The latest addition is an email sequence spread out over 8 days. The goal is to teach new members about the how (practical) and why (philosophical) of WIP. First email: 👋 Welcome to WIP (15 min. after signup)↗

Frank Slootman, one of the best operators in enterprise software of all time, on the importance of building a strong sales and marketing team early: "you control your destiny, and you don't need anybody else to hit your numbers" Excerpts from "Tape Sucks" on the topic:↗

1/ "We have to have a business with some inherent characteristics that give it a durable competitive advantage." C. Munger "The key to investing is ... determining the competitive advantage of any given company and, above all, the durability of that advantage." W. Buffett↗

Costco is a fascinating business. You know all those groceries you buy? Yeah, they basically sell those at breakeven and then make all of their profit from the $60 annual membership fees. Quick [THREAD]↗

Almost everything I've learned about startups: * Aim to get to cash flow positive early * Don't overly optimize for private market valuations * Build a great team and culture * Make sure the business model *works* * Focus, focus, focus. Dilution of effort will crush you↗

I’ve learned a lot about giving advice over the past 5 years at YC (still more to learn). When I started I had a very formulaic / tactical view of how startups succeed. Over time and after seeing over 1000 startups go through YC that has changed.↗

·@mwseibel·Sep 18, 2019·essay·entrepreneurship·startup-advice·yc

It takes me an annoyingly long time to get into a state of mind where I can do deep work (not just emails and ad box stuff). What are some tricks to shorten that time?↗

·@LauraBehrensWu·Sep 15, 2019·essay·deep-work·focus·productivity

Do you run a self-funded *profitable* business? 🤑 Let’s make a list! 👉 Reply with your website :) Any type of business counts.↗

·@hnshah·Sep 1, 2019·business·business·profit·self-funded

The week of burning man is an extremely special experience for people in San Francisco. Many people are more experienced with this than me. I want to make sure I do this right. Given that everyone is at BM: WHICH restaurant that I'd never get into normally should I try out? 🙏↗

Few startups I have found that help make having teammates everywhere simpler : Donut, Humble Dot, Deel, Carrom, Codi, Focusmate, Tandem, Keeper, Mural, Preface↗

·@sarthakgh·Aug 12, 2019·tutorial·deel·donut·remote-work·startups

1/ Today I prepared for talking about common mistakes startups make (founding -> growth stages) by writing it in tweet form. I ramble too much when public speaking and hoped it would make the core ideas clearer in my mind and more concise. Think it worked. Here are the tweets↗

Looking to make a list of angel & pre-seed investors looking at the no-code space. Any recommendations?↗

·@bentossell·Aug 5, 2019·business·investors·no-code·startup

The reason most founders are surprised by the difficulty of fundraising is that they're learning something about themselves, not something about fundraising. They know fundraising is hard for startups that don't seem appealing to investors. They just didn't realize they had one.↗

·@paulg·Aug 2, 2019·essay·founders·fundraising·paulgraham·startups

All platforms have their favorite partners: - The partners that bring them business - The partners that help them close deals - The partners that make their customers the most happy - The partners that fill the most critical feature gaps Do whatever it takes to be one ;)↗

I want to get to know small fund managers in SF. I meet lots of founders who are way too early or need too little financing for people I know at big funds. Instead of helping them get optionality checks, it would be nice to know small funds. Who should I connect with?↗

Here are the main distilled points fom @naval's talk on @joerogan Since this legendary talk deserves a tweet storm on its own, and Naval is a busy man. 1/ Life is short, you have to generalize, see what life has to offer. Specialization is for ants. …↗

·@loopuleasa·Jun 7, 2019·essay·joerogan·life-advice·naval·youtube