Small disciplines
The best founders are like trains; they keep moving forward, whether you decide to hop on board or not.
"Small disciplines repeated with consistency every day lead to great achievements gained slowly over time. - Harvey Mackay."
Happy Monday! As we start a new week, I wanted to share some of the latest blogs, videos, and books I've been reading that I think you'll find interesting and useful.
Thrilled to have Steve Blank on my podcast! Please reply with any questions you want me to ask him. I'll compile them and try to incorporate as many as possible during our conversation. A great chance to get insights from the legendary entrepreneur!
Baltic Startup Funding Report The latest data confirms the Baltic startup scene's resilience, with growth stage funding rebounding sharply in H2 2023, Lithuania seeing major late-stage rounds, and top quartile seed startups still commanding high valuations despite turbulent markets.
How Not to Age — Presentation: Dr. Greger shares simple, evidence-based methods from new book How Not to Age to preserve youthful body and mind, inspired by diets and lifestyles of long-lived populations.
How I work: Focuses on efficiency and speed. Reactive style can cause friction. Introvert needing space. Not proactive with founders, provides honest support when sought out. Prioritizes training and family time.
The True Story of Lee Kuan Yew’s Singapore: Lee Kuan Yew ruthlessly built modern Singapore through technocratic authoritarianism, suppressing opposition despite early partnerships. But the 'Singapore model' struggled to scale abroad, proving pragmatic politics, not just technocracy, drove success.
Founder vs Investor Written by Zalman and Neumann, this book provides an insightful look into the founder-investor relationship, with opposing viewpoints that offer practical guidance for navigating the venture capital landscape.
the paradox of building: you will think of a better way to do it after it’s done
The impact of founder personalities on startup success: New research shows startup founders have distinct personality traits that predict success, categorized in 6 types. Diverse, complementary founder teams with different personality footprints have significantly higher odds of success.
How Do Venture Capitalists Make Decisions: The paper presents the results of a survey of 885 venture capitalists (VCs) at 681 firms to understand how they make investment decisions.
1 person can build a billion dollar company soon: Entrepreneurs can build billion dollar companies alone soon as AI lowers cost of experimentation like cloud computing did before. Founders will need few resources to test ideas and build huge companies with help of AI agents.
Building PR for Early Stage Startups: Cultivate PR early as a founder, don't buy it. Network with relevant journalists way before announcing. Provide content and leads. When ready, pitch juicy bullet points tying macro trends. Expect journalist interviews on their schedule.
Small funds outperform due to higher probability of extremely high returns and easier access. Analysis shows small funds have attractive win rate and likelihood of finding top performers. Adjusted for inaccessible large funds, small funds expected to outperform by 45-60%. Sourcing small funds is challenging.