https://youtu.be/CVfnkM44Urs Team Choose Co-Founder carefullyAnalogy of Great Co-Founder is James BondYou want tough and calm co-founder2-3 co-founders is optimal number Hiring Try to not hireBe proud of how much you get done with a small number of employeesTry to stay small as long as possibleAt beginning hire just if you desperately need tocost of hire … Continue reading Startup: 2. Team and Execution
Author: Martin Novák
Startup: 1. How to Start a Starup
https://youtu.be/CBYhVcO4WgI Startup = Idea x Product x Team x Execution x Luck (random # between 0 - 10 000) Idea should come first Company should feel like a important mission "I know it looks like a bad idea, but hear why it's actually great." It only need to take specific market and expand from … Continue reading Startup: 1. How to Start a Starup
Managing Oneself
book by Peter F. Drucker Most people think they know what htey are good at. They are usually wrong. More often, people know what they are not good at - and even then more people are worng than right. The only way to discover your strengths is through feedback analysis. Whenever you make a key … Continue reading Managing Oneself
Idea Filters
Live in the future, then build what’s missing. The most common mistake startups make is to solve problems no one has When startup launches, there have to be at least some users who really need what they’re making - not just people who could see themselves using it one day, but who want it urgently. … Continue reading Idea Filters
The Bed Of Procrustes
Nassim Nicholas Taleb People are much less interested in what you are trying to show them than in what you are trying to hide. People don't like it when you ask them for help; they also feel left out when you don't ask them for help. When we want to do somthing while unconsciously certain … Continue reading The Bed Of Procrustes
How to Win Friends and Influence People
Dale Carnegie 1.) Fundamentals Techniques in handling people don't blame, critize or complaincritism is useless because it puts people on defensive and usually makes them strive to justify themselves. It hurts their sense of importanceWe are not dealing with creatures of logic - we are dealing with creatures of emotionI will speak ill of no … Continue reading How to Win Friends and Influence People
Factfulness
Hans Rosling We should not split society into "Developed" and "Developing" countries Today, most people, 75%, live in middle-income countries Only 9% of today's population lives in low-income countries We can split world population into four income groups(income per day): Level I - under $2Level II - $2 - $8Level III - $8 - $32Level … Continue reading Factfulness
Fooled by Randomness
Nassim Nicholas Taleb Treasury bonds are safe; they are issued by the US government, and government can hardly go bankrupt since they can freely print their own currency to pay back their obligation. "Nero believes that risk-conscious hard work and discipline can lead someone to achieve a comfortable life with a very high probability." Lucky … Continue reading Fooled by Randomness
Man’s Search for Meaning
Viktor Frankl "He who has a WHY to live for can bear almost any HOW" The greatest task for any person is to find meaning in his or her life. Three possible sources for meaning:- in work (doing something significant)- in love (caring for another person)- in courage during difficult times (suffering) You cannot control … Continue reading Man’s Search for Meaning
Paul Graham: Start a Startup?
source You need three things to create a successful starup: start with good peopleto make something customers actually wantspend as little money as possible The Idea The way startup makes money is to offer people better technology than they have now. But what people have now is often so bad that it doesn't take brilliance … Continue reading Paul Graham: Start a Startup?
Martin Novak 