51–56 of 56 posts
Forgot to mention "lucky" part.
Forgot to mention "lucky" part.
In what way is luck important? One part of me says someone that identifies an urgent market need and executes on it doesn't need too much luck. On the other hand, maybe luck is important in terms of your network: meeting the right person at the right time. (This leads to "luck surface area" arguments.)
Please use google.com search for the name of the person + "interview" + "luck" and you will find the first results to be the relevant ones.
> No plan B That really hits home for me. I decided to start my current company ( https://ipcopilot.ai ) when I had already been out of work 3 months, I had 4-6 months runway when I left my prior role. Meaning, I had 1-3 months left before I couldn't pay my mortgage when I incorporated my company. My responsibilities were high: 3 kids, wife due with another baby in 60 days, no source of income, and an estimated 45-60…
Intriguing product, definitely something that is a major pain point for inventors. I do wonder however, I see a couple of the profiles listed show 500+ patents. Does this indicate that we are now in an era of full fledged "IP spam" or can you argue that inventors have in fact historically been under-rewarded by the difficulty of filing patents? Otherwise that is a lot of patents for someone who isn't building a space…
Earlier quoted context omitted.
In what way is luck important? One part of me says someone that identifies an urgent market need and executes on it doesn't need too much luck. On the other hand, maybe luck is important in terms of your network: meeting the right person at the right time. (This leads to "luck surface area" arguments.)
Warren Buffett, Bill Gates, Elon Musk, Jeff Bezos, Charlie Munger, Ray Dalio, Mark Cubam, Ophray, Richard Branson, Steve Jobs, Jack Ma, Howard Schultz, Sheryl Sandberg. And many more mentioned Luck played a big role in their success. Please use google.com search for the name of the person + "interview" + "luck" and you will find the first results to be the relevant ones.
Earlier quoted context omitted.
And they work slavery hours,6 am to 1am
so? most founders are doing that without pay, without a budget, and (most importantly) without the credibility that comes from the org/lab/prof
If a founder is successful they stand to earn billions in intellectual property value, not to mention the income from the product itself.
PHD's earn practically no money even if they are succesful, apart from earning their degree. (Which has an abstract long-term monetary value)
Seems very different to me. Apart from this, PHD's are employees, while founders are... well... bosses ;)
Earlier quoted context omitted.
> The math still kind of works out How many Gates are there in a typical Harvard grad cohort? Are 5% of Harvard grads a Gates? If we're looking at lightning strikes, it seems like we should look at some of the most successful tech CEO's in history, in no particular order. Gates & Zuck - Harvard (Microsoft and Facebook; both dropped out by end of second year or earlier) Larry Ellison (Oracle, third richest man in the…
Page and Brin dropped out of a Ph D program. They have Masters degrees.