Your natural human
fears of failure and embarrassment will sometimes stop you from trying
new things. But you must rise above these fears, for your life’s story
is simply the culmination many small, unique experiences. And the more
unique experiences you have, the more interesting your story gets. So
seek as many new life experiences as possible and be sure to share them
with the people you care about. Not doing so is not living.
Think
in terms of Karate: A black belt seems far more impressive than a brown
belt. But does a brown belt really seem any more impressive than a red
belt? Probably not to most people. Remember that society elevates
experts high onto a pedestal. Hard work matters, but not if it’s
scattered in diverse directions. So narrow your focus on learning fewer
career related skills and master them all.
People will never know how you feel unless you tell them. Your boss?
Yeah, he doesn’t know you’re hoping for a promotion because you haven’t
told him yet. That cute girl you haven’t talked to because you’re too
shy? Yeah, you guessed it; she hasn’t given you the time of day simply
because you haven’t given her the time of day either. In life, you have
to communicate with others. And often, you have to open your vocal cords
and speak the first words. You have to tell people what you’re
thinking. It’s as simple as that.
,
or someone else will first. You can’t change anything or make any sort
of progress by sitting back and thinking about it. Remember, there’s a
huge difference between knowing how to do something and actually doing
it. Knowledge is basically useless without action.
However good or bad a situation is
now, it will change. That’s the one thing you can count on. So embrace
change, and realize that change happens for a reason. It won’t always be
easy or obvious at first, but in the end it will be worth it.
For the most part, what other people think and say about you doesn’t
matter. When I was eighteen, I let the opinions of my high school and
early college peers influence my decisions. And, at times, they steered
me away from ideas and goals I strongly believed in. I realize now, ten
years later, that this was a foolish way to live, especially when I
consider that nearly all of these people whose opinions I cared so much
about are no longer a part of my life. Unless you’re trying to make a
great first impression (job interview, first date, etc.), don’t let the
opinions of others stand in your way. What they think and say about you
isn’t important. What is important is how you feel about yourself.
Living a life of honesty creates peace of mind, and peace of mind is priceless. Period.
Talk to lots of people in college and early on in your career.
Bosses. Colleagues. Professors. Classmates. Social club members. Other
students outside of your major or social circle. Teaching assistants.
Career advisors. College deans. Friends of friends. Everyone! Why?
Professional networking. I have worked for three employers since I
graduated from college (I left my first two employers by choice on good
terms), but I only interviewed with the first employer. The other two
employers offered me a job before I even had a formal interview, based
strictly on the recommendation of a hiring manager (someone I had
networked with over the years). When employers look to fill a position,
the first thing they do is ask the people they know and trust if they
know someone who would do well in the position. If you start building
your professional network early, you’ll be set. Over time, you’ll
continue talking to new people you meet through your current network and
your network’s reach and the associated opportunities will continue to
snowball for the duration of your career.
Sit alone in silence for at least ten minutes every day. Use
this time to think, plan, reflect, and dream. Creative and productive
thinking flourish in solitude and silence. With quiet, you can hear your
thoughts, you can reach deep within yourself, and you can focus on
mapping out the next logical, productive step in your life.
Ask a lot of questions. The greatest adventure is the ability
to inquire, to ask questions. Sometimes in the process of inquiry, the
search is more significant than the answers. Answers come from other
people, from the universe of knowledge and history, and from the
intuition and deep wisdom inside yourself. These answers will never
surface if you never ask the right questions. Thus, the simple act of
asking the right questions is the answer.
Exploit the resources you do have access to. The average
person is usually astonished when they see a physically handicap person
show intense signs of emotional happiness. How could someone in such a
restricted physical state be so happy? The answer rests in how they use
the resources they do have. Stevie Wonder couldn’t see, so he exploited
his sense of hearing into a passion for music, and he now has
twenty-five Grammy Awards to prove it.
Live below your means. Live a comfortable life, not a wasteful
one. Do not spend to impress others. Do not live life trying to fool
yourself into thinking wealth is measured in material objects. Manage
your money wisely so your money does not manage you. Always live well
below your means.
Be respectful of others and make them feel good. In life and
business, it’s not so much what you say that counts, it’ how you make
people feel. So respect your elders, minors, and everyone in between.
There are no boundaries or classes that define a group of people that
deserve to be respected. Treat everyone with the same level of respect
you would give to your grandfather and the same level of patience you
would have with your baby brother. Supporting, guiding, and making
contributions to other people is one of life’s greatest rewards. In
order to get, you have to give.
Excel at what you do. There’s no point in doing something if
you aren’t going to do it right. Excel at your work and excel at your
hobbies. Develop a reputation for yourself, a reputation for consistent
excellence.
Be who you were born to be. You must follow your heart, and be
who you were born to be. Some of us were born to be musicians—to
communicate intricate thoughts and rousing feelings with the strings of a
guitar. Some of us were born to be poets—to touch people’s hearts with
exquisite prose. Some of us were born to be—to create growth and
opportunity where others saw rubbish. And still, some of us were born to
be or do whatever it is, specifically, that moves you. Regardless of
what you decide to do in your lifetime, you better feel it in every
fiber of your being. You better be born to do it! Don’t waste your life
fulfilling someone else’s dreams and desires.
But above all, laugh when you can, apologize when you should, and let
go of what you can’t change. Life is short, yet amazing. Enjoy the
ride.
by Naval Ravikant on November 12th, 2009
Update: Also see our 40-minute
interview on this topic.
Picking a co-founder is your most important decision. It’s more important than your product, market, and investors.
The ideal founding team is two individuals, with a history of working
together, of similar age and financial standing, with mutual respect.
One is good at building products and the other is good at selling them.
The power of two
Two is the right number — avoid the
three-body problem.
Think Jobs and Wozniak, Allen and Gates, Ellison and Lane, Hewlett and
Packard, Larry and Sergei, Yang and Filo, Omidyar and Skoll.
One founder companies
can work, against the odds (hello,
Mark Zuckerberg). So can three founder companies (hello, @biz, @ev, and
@jack). In three founder companies, the politics can be tough — gang-up
votes, jockeying for board seats, etc. — but it’s manageable. Four is an
extremely unstable configuration and
five is right out. When 4-5 founder companies work, it’s because two founders dominate.
Two founders works because unanimity is possible, there are no
founder politics, interests can easily align, and founder stakes are
high post-financing.
Someone you have history with
You wouldn’t marry someone you’d just met.
Date first. Guess which pair of famous co-founders is in this photo:
Go through something difficult, like a
Prisoner’s Dilemma or a
Zero-Sum Game. If being ethical was lucrative, everyone would do it!
One builds, one sells
The best builders can prototype and perhaps even build the entire
product, end-to-end. The best sellers can sell to customers, partners,
investors, and employees.
The seller doesn’t have to be a “salesman” or “business guy”. He can be technical, but he must be able to wield the tools of
influence. Bill Gates and Steve Jobs aren’t salesmen, but they are sellers.
Aligned motives required
If one founder wants to build a cool product, another one wants to
make money, and yet another wants to be famous, it won’t work.
Pay close attention — true motivations are revealed, not declared.
Criteria: Intelligence, energy, and integrity
It’s not the kid you grew up next to. It’s not the person you like the most. It’s not the hacker most willing to work for free.
It’s someone of incredibly high
intelligence, energy, and integrity. You’ll need all three yourself, and a shared history, to evaluate your co-founder.
Don’t settle
If it doesn’t feel right, keep looking. If you’re compromising, keep
looking. A company’s DNA is set by the founders, and its culture is an
extension of the founders’ personalities.
Pick “nice” guys
Avoid overly rational short-term thinkers. There are bounds to
rationality. Partner with someone who is irrationally ethical, or a
rational believer that
nice guys finish first. Be especially careful with the “sales” guy here.
What you don’t know
Business founders who don’t code use bad proxies for picking
technical co-founders (“10 years with Java!”). Technical founders who
don’t sell also use bad proxies (“Harvard MBA!”). Learn enough of the
other side to have an informed opinion. If you’re not seriously
impressed, move on.
FAQs
What if the right guy already has his own startup? Convince him to work on yours part-time — he’ll
drop his idea once yours gets traction.
Breakups are hard
If you’re going to fall out with your co-founder, do it early,
recover the equity into the option pool to keep the company going, and
recruit someone else great to fill the missing slot. Build in
founder vesting
(a.k.a. the “Pre-Nup”) to keep the breakup from getting messy. Building
a great company without a partner is like raising kids without a…
Nearly everything I’ve written on this topic applies to dating and marriage. Coincidence?
Go forth and multiply.
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