Why You Should Bet On Yourself First

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This is the truth: ‘If you don’t bet on yourself, if you do not believe in yourself, if you do not believe in what you are doing, no one is going to bet on you.

If you want people to bet on you, you must first bet on yourself. In Suneel Gupta’s book Backable: The Surprising Truth Behind What Makes People Take a Chance on You, this is what makes people take a chance on you:

‘I think it’s pretty hard to fake real passion. You have a sense that they have really dug deep on something and they are hoping to dig deeper. That it’s something where there’s real passion behind it as opposed to just kind of the flavor of the mouth.’- John Palfrey

Different is oftentimes way more compelling than better. Because different sticks. Different is memorable. Different matters. Different isn’t based on some other conception of something. If you have the chance, be different, not better.’- Ann Miura-Ko

‘People don’t really like numbers. Numbers are very important, but they don’t remember numbers. Numbers don’t reach your heart. When you reach somebody’s heart, that moves them to do things or to not do something.’– Brian Grazer

It’s not really worth talking about what’s going to happen in years three to five, because you got to go do years one and two anyway … Let’s not spend too much time talking about a future that we have to earn the right to.’- Any Dunn

‘Deep empathy is a really critical factor. It’s empathy, not just observation. Observation is data, but empathy, really, is walking the walk with others and understanding not just pain points, but how they are living their lives.’- Tina Sharkey

‘You need to do whatever it takes to convince me, or the powers that be. If there’s an idea that you really believe in, you need to do whatever it takes to get us to do it. You should burn down your car in the parking lot, if you think I’m making a stupid mistake. And if you don’t … it’s your fault for giving up too easily.’- Peter Chernin

The business of venture capital asks us to be looking for what is possible today but highly relevant tomorrow. To find that balance you have to have both a vision for the future and then a practical approach to what you are going to do in the next twelve months. When I think about something that’s backable, we are looking for the balance of both.’- Kirsten Green

Source

Suneel Gupta (2021). Backable: The Surprising Truth Behind What Makes People Take a Chance on You

10 Rare Lessons For Entrepreneurs

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‘Nothing extraordinary is ever achieved through ordinary means.’- Tren Griffin

‘A startup is a temporary organization designed to search for a repeatable and scalable business model.’- Steve Blank

A company is a permanent organization designed to execute a repeatable and scalable business model.’-Steve Blank

If you don’t have the right product and you don’t time it right, you are going to fail.’– Bill Campbell

The question is not ‘Can this product be built?’ Instead, the questions are ‘Should this product be built?’ and ‘Can we build a sustainable business around this set of products and services.”’- Eric Ries

‘Every action you take in product development, in marketing, every conversation you have, everything you do- is an experiment. If you can conceptualize your work not as building features, not as launching campaigns, but as running experiments, you can get radically more done with less efforts.’- Eric Ries

‘New customers come from the actions of past customers.’- Eric Ries

You want an idea that not many other people are working on, and it is okay if it doesn’t sound big at first.’- Sam Altman

No growth hack, brilliant marketing idea, or sales team can save you long term if you don’t have a sufficient good product.’- Sam Altman

You will know if you like venture capital well before you know if you are any good at it.’- Sam Anderson

‘In anything worth doing, it takes a team to win.’- John Doerr

Source

Tren Griffin (2017). A Dozen Lessons for Entrepreneurs