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Timing Lessons

bizstone.com

11–20 of 38 posts

Re: Timing Lessons

#13
post #9

It's called luck

There is an element of being at the right place with the right idea when people are ready to embrace it. But certainly there would be plenty of startups where the stars aligned for them in terms of this and they never managed to make it big.

Re: Timing Lessons

#18
post #9

It's called luck

Bo Peabody's 'Lucky or Smart?' is relevant here. Good short read, decent synopsis from Bo here:

http://www.inc.com/magazine/20050101/lucky-or-smart_Printer_...

Twitter's emergence from Odeo is pretty similar to Tripod's switch from an advice site to a homepage builder.

Re: Timing Lessons

#19
post #5
post #3

> Surrounding yourself with smart people you like to work with helps immeasurably. I think this is one of the most important pieces of advice ever. Not many people are solo savants - almost everyone who is successful (in business, academia, life) is surrounded by other competent, like-minded people. We're all standing on the shoulders of giants here, and the romantic meme of the lone-wolf superstar maverick needs to…

it makes setbacks tolerable, and day to day toiling a pleasure.

Not just on an emotional level, I think when a bunch of clever people get together a sort of super brain is formed which is greater than each of them.

This is so since the super brain has the combined knowledge but not the combined biases of the individuals. To give an analogue this is like these comment threads where knowledge gets added and incorrect statements promptly and strongly refuted, but on a much much higher resolution when you work with a smart person face to face for a considerable length of time.

Re: Timing Lessons

#20
It's good to hear a "Sometimes things take time" point of view. The typical mental model of YC [1] can make one feel less than perfect for not having raised $5M by 19, made multiple angel investments by 22, then traveled around the world for philanthropy during your mid 20s because now, carefully managed, you're set for life.

[1]: How the press likes to portray YC: get unknown kids, accelerate them towards terminal funding velocity, stir for three years, and bam instant millionaires.

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