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: 
  1. Start with an idea
  2. Pivot or change according to business requirement
  3. Generate revenue 
  4. Profitability is achieved when business is paying for itself 
  5. Exit or merge into bigger offering
  6. IPO
  • Execution: 
  1. Do it yourself because technology is easier to implement
  2. Find folks with synergy to work with
  3. Find amazing advisors and investors 
  4. Facebook engineer right out of college makes $120k/year in bay area, California. Architects $180k/year 
  5. Lots of attitude to hire any technical talent and the positions are in high demand
  6. Contractors make $150/hour and more
  • Pack of Cigarettes: 
  1. Not literally 
  2. Skilled folks like to be comfortable 
  3. Move in herds 
  4. Do what makes you happy
  5. Skilled people have lots of choices  
Enjoy your pack of smokes!


 

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