5. Generic advice is generally useless.
as an entrepreneur, a lot of this is either useful or I've seen first-hand
so I respectfully have to disagree
Some lessons learned
11–16 of 16 posts
Re: Some lessons learned
#12Re: Some lessons learned
#135. Generic advice is generally useless.
Paul Buchheit says it best "limited life experience + over generalization = advice"
Re: Some lessons learned
#14The next big thing will start out looking like a toy = bitcoin
Indeed, payments/currency/money seems to be one of the holdout areas yet to experience a major global disruption by the internet. That doesn't mean the "great new thing" necessarily has to be bitcoin, obviously. But it could be. It also could be that computer security theory and practice first has to be improved for it to be feasible so it'd still be some years away.
Re: Some lessons learned
#15The next big thing will start out looking like a toy = bitcoin
Indeed, payments/currency/money seems to be one of the holdout areas yet to experience a major global disruption by the internet. That doesn't mean the "great new thing" necessarily has to be bitcoin, obviously. But it could be. It also could be that computer security theory and practice first has to be improved for it to be feasible so it'd still be some years away.
Perhaps, but it's coming. Paypal set out to revolutionize payments and finance, and it was a bit before its time. Peter, Max, Luke, et al. wanted to be an online currency, but struggled to stay afloat when the government (understandably) back-lashed against them. They were, after all, trying to destroy the government in many ways.
So Paypal changed their vision, and sold out. Oh well. All's well that ends well. And things certainly ended well for them. But online currency is inevitable. It's just going to take a little longer.
Re: Some lessons learned
#161. If you aren’t getting rejected on a daily basis, your goals aren’t ambitious enough Easier said than balanced, I'd say. I've tried to do things that almost exclusively get me rejected. Sure it fulfills the above. But looking back, it did more to hurt my operational life than make me progress. Just wanted to point out that you can be rejected too much at which point it may help to score a small victory here and the…
Yes, creating positive experiences for yourself is a good way to increase your self-confidence and get more inspired. Nobody wants to get rejected, but you may eventually turn getting rejected into something positive. Always good to get reminded of that.