Category: Blog

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Blog

Bad Assumptions and Pivoting

Unsuccessful people tend to fall victim to bad assumptions, which affirms their existing flawed perceptions of reality. Are bad assumptions due to laziness because thinking and due diligence requires effort? It’s quite odd how many people refuse to evaluate new ideas so they get stuck in life. Successful people I know tend to be able to “pivot” — change their path or strategy based on new ideas/facts.

Successful people tend to be more willing to evaluate new ideas/facts, question assumptions and seize opportunities.

Categories
Blog Business

Why Investors Decline Deals

Beyond financial reasons, the following are some reasons why a deal may not be funded:

  • Entrepreneur makes bad assumptions
  • Entrepreneur avoids conflict too much; they’re unwilling to make difficult decisions and having difficult discussions when needed
  • Entrepreneur is a bad listener
  • Entrepreneur is slow and takes a while to implement
  • Scattered entrepreneur who is working on too many things at once
  • Entrepreneur is unreliable
  • Entrepreneur is sloppy
  • Impatient entrepreneur who may rush into bad deals
  • First time entrepreneur hasn’t made mistakes
  • Entrepreneur is too much of a high risk gambler
  • Entrepreneur doesn’t do sufficient research/analysis before making decisions
  • Entrepreneur does not put sufficient capital controls in their business
  • Entrepreneur is too paranoid or not paranoid enough
  • Entrepreneur doesn’t have a track record of success
  • Entrepreneur gives up too easily
  • Entrepreneur doesn’t follow up
Categories
Blog Business Cool Stuff

Useful Snapchats for Business

The following is by no means a comprehensive list but are just a handful of particularly interesting Snapchats I follow from successful entrepreneurs where I think they’ve posted particularly useful content (in no particular order):

  • tailopez1: Tai Lopez – business and life
  • msuster: Mark Suster – VC  good for deal-making
  • justinkan: Founder of Twitch/Justin.TV & YC cominator partner
  • peterqnguyen: Peter Nguyen – entrepreneur
  • tuan.vy: Tuan Vy – entrepreneur
  • howemoney: Steve Howe – entrepreneur
  • commirza18: Com Mirza – entrepreneur/investor
  • hackapreneur: Justin Wu – entrepreneur

Notes:

  • I follow other successful entrepreneurs but they may not post as much content related to business.  For example, I follow Chris Sacca, a very smart VC, but he doesn’t post a lot of business related content.
  • I particularly like it when they summarize important business lessons or highlight an important chapter of a book they are reading.
  • I might add to the list as I go along; this a dynamic list
  • My own snapchat is not very useful as I’m somewhat private and have no need to build a large following yet
Categories
Blog

Protected: Invitational Deal (Private)

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Categories
Blog

To Solve a Big Problem Follow The Funding

To find out how to solve a big problem, connect with those already spending millions of dollars trying to solve it.

Many people want to solve a problem but those who are investing in the ideas will likely have the best idea of how to solve the problem.