One day goes after the next, and skipping on updates is not a good form, so here are some thoughts for this week related to Moonpunch, however small they might be…
This week’s notes
The Startup Class has started last week with their first videos, it was very highly anticipated by a lot of people. It’s focusing on creating hypergrowth Internet businesses, and it is not directly applicable to other styles (e.g. hardware startups), but there are some nuggets that I took home from the first two class:
- The CEO’s number 1 job to manage their own psychology
- Best predictor of success: every time the team has some progress to share
- Vision/mission oriented ideas are the best ones: easier to rally around for the team and outsiders too, keeps people more on the path and going
- Start at a very small segment and take all of it, grow from that – make something a small number of people love instead of something a lot of people like.
- Sales fixes everything – when things are bad, making deals happen is the best way to turn things around, for the team as well
There are other series with such online videos/talks/interviews with inspiring people: Foundation is similar to the Startup Class in its selection, while I really appreciate Khan Academy’s Interviews with Entrepreneurs because it gives space for lot of other people, from the CEO of a large fashion brand to a founder of a small business focusing on university chemistry sets. These videos give an amazingly wide range of inspiration and examples of dealing with “situations” in business.
Also, I find myself having more hardware related discussions, and having more opportunities. Whether it is people coming to me as a (somewhat connected) member of the Taiwanese hardware scene, or one who at least took some steps towards making hardware (even if not enough steps yet), or as a commentator on hardware, it feels interesting, though not yet deserved. I don’t mind the opening of doors which it means, though, and hope to make the most of them in the way they fit the vision.
And yes, all of these does not matter at all. :) It’s so easy to lose focus with shiny objects like these above, while the only thing I need to figure out how to make a darn 4-layer PCB in KiCAD that I can send to be printed…