Founders8 Loka 2018

#41 The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

What I learned from reading The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz. --- There's no recipe for complicated, dynamic situations [0:01] Meeting Marc Andreessen [8:30] The co-founder relationship between Marc and Ben [11:00] How they came up with the idea for Loudcloud (Opsware) / A business is just an idea that will make someone's life better. —Richard Branson [13:45] Ben finds value by asking the question: What would I do if we went bankrupt? [21:05] Sell the wrong product to find the right one [22:30] Saving a $20 million a year customer by buying a $10 million company [23:16] Do not play the odds [27:27] Discount praise. Focus on what can be fixed [28:32] Why training is so important (compounding effect) [31:20] Difference between large company executives and founders [32:00] Why it is a good idea to collect good ideas [34:00] Determination is more important than intelligence [35:30] Your culture should be unique / Using shock to create behavioral change [38:24] There is no founder school [40:30] Perseverance is more important than intelligence [41:01] Copy from great founders [46:50] ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

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Jaksot(443)

#393 The Marketing Genius of the Michelin Brothers

Your family asks you to take over a failing factory in a remote part of France. This “family business” comes with a stack of unpaid bills, a small team of workers who haven’t been paid in months, and ...

3 Heinä 202554min

#392 Michele Ferrero and His $40 Billion Privately Owned Chocolate Empire

You take over the family pastry shop and transform it into one of the most valuable privately held businesses in the world. Your father dies young. Your uncle does too. Everyone is relying on you and ...

23 Kesä 202554min

#391 Jimmy Iovine

You grow up in a rough neighborhood in Brooklyn. You drop out of college. Your dad is your best friend but you don’t want to work the docks like him. You’re determined to “do something special.” You g...

13 Kesä 202557min

#390 Rare Steve Jobs Interview

I've read this interview probably 10 times. It's that good. Steve Jobs was 29 when this interview was published, and with remarkable clarity of thought Steve explains the upcoming technological revolu...

4 Kesä 202540min

#389 The Founder of Jimmy Choo: Tamara Mellon

When Tamara Mellon’s father lent her the seed money to start a high-end shoe company, he cautioned her: “Don’t let the accountants run your business.” Little did he know that over the next fifteen yea...

26 Touko 202555min

#388 Jeff Bezos's Shareholder Letters: All of Them!

(I fixed the audio and uploaded a new episode!) "To read Jeff Bezos’s shareholder letters is to get a crash course in running a high-growth internet business from someone who mastered it before any o...

15 Touko 20251h 19min

A conversation on focus and finding your life's work

My friend Patrick O’Shaughnessy asked me to come to New York and record a conversation. Patrick had just finished listening to episode #383 "Todd Graves and his $10 Billion Chicken Finger Dream" and h...

9 Touko 20251h 22min

#387 Jim Simons Built The World’s Greatest Money-Making Machine

Jim Simons never took a single class on finance, wasn’t interested in business, and didn’t start trading full time until he was 40. The company he founded — Renaissance Technologies — has made over $...

1 Touko 20251h 8min