What does a "Hacker News launch" refer to? Is that simply announcing it in a Hacker News submission?
The unreasonable effectiveness of just showing up everyday
131–140 of 591 posts
Re: The unreasonable effectiveness of just showing up everyday
#132This type of sentiment generally makes me feel that literally nobody understands why business work or don't. I remember pitching the idea of a fantasy financial league to a friend who is a teacher, as a way of teaching kids about the stock market and finance. His reply instantly gelled with me and let me know they actually understood much more than I about both teaching and finance: He said it will teach exactly the…
I’m no business expert, but this approach seems like a huge gamble to me. Why spend years building a project before the usefulness and public reception is quantified? I’d rather spend a hard few months building something that fails rather than an easy 6 years.
I don't disagree with you, and which is why I qualified my thoughts with a filter of a "large and growing market". Impossible to fail in such a market if your goal is not to be a billion dollar company.
Re: The unreasonable effectiveness of just showing up everyday
#133Add a little to a little and there will be a big pile.
Re: The unreasonable effectiveness of just showing up everyday
#134I also had a failed HN launch, glad to see that pushing through pays off. I’m not giving up, that’s for sure :) Happy for typesense founders!
Re: The unreasonable effectiveness of just showing up everyday
#135This type of sentiment generally makes me feel that literally nobody understands why business work or don't. I remember pitching the idea of a fantasy financial league to a friend who is a teacher, as a way of teaching kids about the stock market and finance. His reply instantly gelled with me and let me know they actually understood much more than I about both teaching and finance: He said it will teach exactly the…
No idea what you’re trying to explain here. A business works when revenue exceeds expenses, not whatever you’re trying to talk about here.
I’m pretty sure “literally everyone” understands that, and not “literally nobody.”
Re: The unreasonable effectiveness of just showing up everyday
#136If you haven't read or listened to this book yet, I highly recommend it: Daily Rituals: How Artists Work[1] It's a collection of daily routines of many famous and prolific artists. The surprising thing about so many of the artists is that they only work 2 or 3 hours per day, then spend the rest of the day walking around, socializing, etc. But they consistently show up and put in the work and it adds up to some amazin…
You have to do it every day - creativity comes in bursts and you don't know when it's going to show up so you need to be the one showing up every day to work on it.
Hemingway would write (sober) every morning and then be drunk by lunch and for the rest of the day and early evening. But he worked every day for a few hours. People like to focus on his appetite for drinking but he got his work done first.
Re: The unreasonable effectiveness of just showing up everyday
#137This type of sentiment generally makes me feel that literally nobody understands why business work or don't. I remember pitching the idea of a fantasy financial league to a friend who is a teacher, as a way of teaching kids about the stock market and finance. His reply instantly gelled with me and let me know they actually understood much more than I about both teaching and finance: He said it will teach exactly the…
I actually had this exact experience in a civics class in junior high school -- in 1979! We pored through the stock listings in a physical newspaper every day for several weeks and recorded our buy and sell decisions. The "winner" bought a penny stock which went from 1/8 to 1/4 in a day (or something like that). And I did in fact learn exactly the wrong lesson from that because 20 years later I lost a fair bit of money in the dotcom boom trying to replicate that strategy.
It is very hard to come up with a teaching strategy that can overcome survivorship bias.
Re: The unreasonable effectiveness of just showing up everyday
#138Reminds me of these equations: 1.01 ^ 365 = 37.78 0.99 ^ 365 = 0.03
This is my life in unemployment. I really do start doing all those things I didn't have time for. But each day I get 1% lazier... Lesson: Never take more than 6 months off.
I voluntarily quit my job once and had the 8 most productive months of my life working on side projects. But, I can see being laid off as doing the opposite. Depression can be a real bitch
Re: The unreasonable effectiveness of just showing up everyday
#139Consistency is a super power if applied right.
Most people don't do things consistently and of those who do only a few do the right things.
In the long run, you outrun everyone who doesn't keep doing the right things.
Re: The unreasonable effectiveness of just showing up everyday
#140Earlier quoted context omitted.
Is it necessarily the wrong lesson? Stanley Druckenmiller: my risk management strategy is to put all of my eggs into one basket and watch it very closely.
For those who don't know: Druck compounded capital at over 30% for 30 years. Never had a down year.
The point is that for the purposes of the lesson the time horizon is too short to know if a student got lucky or made a good decision based on research and the like.
Anecdotally I won one of these leagues in school by picking penny stocks and moving in and out of them a lot. Not the lesson in long term investing the teacher wanted to convey…