entrepreneurship

The demand for forecasts grows after a surprise. It’s quite an irony. Surprises make you feel like you’re not in control, which is when it feels best to grab the wheel with both hands, listening to those who tell you what happens next despite being blindsided by what just happened. That’s where we are with Covid and the economy. Ten months after the surprise of our lifetimes, everyone wants a clear map of the future. Who wins? Who loses? When will travel recover? Will work be the same? Have we learned our lesson? But the most important economic stories don’t require forecasts; they’ve alrea...

Over the years, I’ve learned a few lessons that have made me a better investor: Be humble. Only invest in the best businesses. Quality is more important than valuation. The best managers are adaptable. Hold on to winners. It’s OK to be wrong, but don’t stay wrong. Don’t fight the Fed.

A summary and excerpts of the book "Positioning: The Battle For Your Mind" by Al Ries and Jack Trout.

Positioning is like finding a seat on a crowded bus. Most brands sleepwalk onto the bus and sit on top of one another. The smart brands look left, right, find an empty row, paint their logo on it and start singing sweetly like the Sirens

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In college I first heard Jason Fried from Basecamp talk about how making money is a skill—like playing the drums or piano—that you can get better at over time. That resonated with me immediately. I wouldn’t expect to be able to sit down at a piano for the first time an

Daniel Ek on how he spends his time, learns and makes decisions.

Margin for your time, your emotional and physical health, your relationships, your sanity, and your integrity.

This is a story about when big innovations happen. Not how, but when. And to some extent, why. Hopefully you find it counterintuitive at first before it quickly seems obvious. That’s how most important ideas work. And hopefully you’ll see why 2020, for all the hell its brought, could be the new beginnings of something promising. Cars and airplanes are two of the biggest innovations of modern times. But there’s an interesting thing about their early years. Few looked at early cars and said, “Oh, there’s a thing I can commute to work in.” Few saw a plane and said, “Ah-ha, I can use that to ge...

Is the head of Y Combinator fixing the world, or trying to take over Silicon Valley?

As a creator, you need to actively bake the marketing into your product.

Measuring—and delivering—what consumers really want

Tobi Lütke on how he spends his time, learns and makes decisions.