My Startup Principles
Here’s a basic outline of my startup philosophy:
People
- Surround myself with people who challenge me, teach me and inspire me every day to become the next better version of myself
- Partner with people with an equally strong sense of purpose. I get energy from interacting with people who are contagiously passionate about what they do
- Simplifiers (vs. complexifiers)
Actions
- Move fast, iterate faster
- ==Work from first principles, evaluating each idea, company and market on its independent merits==
- Avoid overfunded areas and prefer companies taking idiosyncratic approaches to solving big problems
Take It Personal
- The magnitude of a startup’s success requires the founder to be deeply invested in their company. The company needs to be an extension of themselves
- If you want the outlier outcomes, what you are building only exists because of you
Taste
- Hard to read the founder without reading the market they choose or product they build
Market
- Don’t chase trends or hot sectors
- 10x better = No competition
- Competition = overmodel the past, monopoly = forge the future’”