It’s been nice to get some downtime in DC this week. We’re heads down planning the 2017 tour and knocking out a huge backlog of investments. (If you’re still waiting on an email from me, sorry!)
As a reminder, these are the top 10 clicks across my tweets this week. You can always get the full firehose here.
Everyone charging by the hour should be worried about what will happen to their jobs — and the broader industry — over the next few years.
Lawyers and accountants should be fine though since there’s always a need for someone to keep you out of jail and count your money properly.
Love, love, love this but everyone has to be thinking like an entrepreneur.
When I was going through school, there was a job waiting for me when I graduated. For people graduating today, they need to be prepared to create their own job.
Until you have a little bit of revenue (or, in some cases, at least a little bit of traction), nothing else matters. So stop thinking about logos, domain names, business plans or anything else. Just sell.
There are two kinds of entrepreneurial people you want to work with in your life:
- Smart and hard-working. These people tend to be the best at build service / consulting companies.
- Smart and lazy. These people tend to be the best at building a company around a product.
I prefer to invest in the latter.
Personally I’m a techno-optimist, in the sense that I believe technology grows the overall pie and provides over time, great opportunity for human beings in terms of quality of life, economic mobility and so on.
As with most trends, you want to be early and right or late and right. Everything in the middle sucks.
Once a startup has $1 of revenue, it should never be called a startup again. You should be starting a company to actually build a company, not to be a startup forever.
We’ve been fortunate to meet a lot of extremely successful people building huge companies in out-of-the-way places. The best part of those meetings, however, is listening to the founder’s real stories of the “10 year overnight success.” (Heading into 2017, we’re going to experiment with videos and other content to help share those stories.)
I’ve been self-employed ever since. Monetarily, was it the best investment I could have made? If I had been interested in working at P&G, I doubt it. But, in terms of freedom to follow my curiosities and carve my own path, yes, 1000x.
When it comes to your professional life, always choose yourself. Always invest in yourself.
This is the #1 problem technical people have with sales: people buy solutions, not products.
No one cares how many features you have, how many lines of code it took or how “passionate” you are about the business.
Solve problems. People will pay you for it.
You can get the full stream of the things I read, it’s all on Twitter — follow me: @paulsingh.