#41 The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers
Founders8 Okt 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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#390 Rare Steve Jobs Interview

#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...

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#389 The Founder of Jimmy Choo: Tamara Mellon

#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 Maj 202555min

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

#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 Maj 20251h 19min

A conversation on focus and finding your life's work

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 Maj 20251h 22min

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

#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 Maj 20251h 8min

#386 Akio Morita: Founder of Sony

#386 Akio Morita: Founder of Sony

Akio Morita was a visionary entrepreneur and co-founder of Sony. Born as the first son and fifteenth-generation heir to a 300-year-old sake-brewing family in Japan, Akio eschewed the traditional path ...

22 Apr 20251h 11min

#385 Michael Dell

#385 Michael Dell

This is one of the most extraordinary founder stories you will ever hear. Michael Dell started his company with $1000 when he was 19 years old. The revenues for the first 16 years of Dell look like th...

14 Apr 20251h 48min

#384 Ken Griffin: Founder of Citadel and Citadel Securities

#384 Ken Griffin: Founder of Citadel and Citadel Securities

Because of the podcast I get to meet a lot of super successful people. I'm always asking them "Who is the smartest person you know" and "Who do you think has the best business?". "Ken Griffin" is a ve...

1 Apr 20251h 6min

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