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Startup life: Direction, Execution and a pack of cigarettes


Startup life is tough: You need a thorough commitment and focus. Recently I was watching NBA basketball and Jeff Van Gundy mentions inspiration of Kobe Bryant: Motivation, Skill and Will. My variation is a little different; Direction, Execution and a Pack of Cigarettes:

Direction:
Start with an idea
Pivot or change according to business requirement
Generate revenue
Profitability is achieved when business is paying for itself
Exit or merge into bigger offering
IPO

Execution:
Do it yourself because technology is easier to implement
Find folks with synergy to work with
Find amazing advisors and investors
Facebook engineer right out of college makes $120k/year in bay area, California. Architects $180k/year
Lots of attitude to hire any technical talent and the positions are in high demand
Contractors make $150/hour and more

Pack of Cigarettes:
Not literally
Skilled folks like to be comfortable
Move in herds
Do what makes you happy
Skilled people have lots of choices
Enjoy your pack of smokes!


 

 
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