I’m en route to Tulsa, OK and spending the night in Zanesville, OH tonight. Tomorrow, I’ll aim for a winery somewhere near St. Louis, MO — if you’re around, hit reply and let’s see if we can line up a tasting somewhere fun.
If you’re on Snapchat, add me — my username is resultsjunkies. I’m posting the unedited version of the tech tour, maybe you’ll find it interesting. Also, you can laugh at how much of a noob I am. 🙂
I’m still considering making an angel investment in at least three Pittsburgh companies ($100K+ revenue, reasonable valuations, clean term sheets and incredibly smart founders), please join my AngelList syndicate if you’d like the opportunity to participate alongside me. You can invest as little as $1,000 in deals, you get to opt-in/opt-out of deals as you wish — no pressure and more dealflow for you.
If you’re calling yourself a startup and you’re wondering why no one cares, it’s time to open your eyes. The only thing that separates your “startup” business from the restaurant down the street is the fact that one of you needs bricks and mortar to exist. The sooner you realize this, the sooner you’ll be OK.
Everyone wants higher valuations but very few people really understand the implications. As your valuations increase, the number of potential exits drops.
I can’t say this enough: if you’re spending more than 50% of any investor meeting explaining the product, you’re in trouble. Focus on making something people want, the money will follow.
I have to admit that I’m still figuring out how to use Snapchat. (You better be following me, look for “resultsjunkies” on Snapchat.) That being said, it’s fascinating to see just how much the platform seems to have “grown up” over the past year or two.
When’s the last time that anyone bought 100,000 Mercedes S-class sedans in a single purchase? That’s right, no one. Until Uber came around.
Over the next 25 years of our lives, Uber’s likely to make the most impact to our daily lives. Keep watching.
I’m sharing this with myself as much as I’m sharing it with you: “Very few people want to be a cog in a machine. Very few people want to be told precisely what to do. They want to be challenged. They want to be given problems so they can find the solution. They want ownership so they can feel proud of their work and care about it.”
Fun fact: there are 3.5M professional drivers in the US (and another 5M+ people employed in the trucking industry — there’s a lot more when you consider the international markets. My bet: autonomous trucks will likely flood the market much, much sooner than autonomous consumer vehicles do.
There’s so much (crap) content online about people trying to “be the connector” for others. Please don’t fall for it.
I’d rather have you make fewer high quality connections to me than more low quality connections. I’ll bet every penny I have that everyone else around you wants the same.
If you want to get ahead in life, curate your network aggressively.
I’m writing this to you from a quiet (and remote) Airstream tonight — this article’s right. You should try it some time soon, seriously.
I’m not convinced that everyone’s going to drive electric cars in our lifetime but I’m sure that all of our homes will be powered by sun/wind/water sooner than we’re comfortable admitting.
Have a great weekend!