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#41 The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

#41 The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

FromFounders


#41 The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

FromFounders

ratings:
Length:
60 minutes
Released:
Oct 8, 2018
Format:
Podcast episode

Description

What I learned from reading The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz.There's no recipe for complicated, dynamic situations [0:01]Meeting Marc Andreessen [8:30]The co-founder relationship between Marc and Ben [11:00]How they came up with the idea for Loudcloud (Opsware) / A business is just an idea that will make someone's life better. —Richard Branson [13:45]Ben finds value by asking the question: What would I do if we went bankrupt? [21:05]Sell the wrong product to find the right one [22:30]Saving a $20 million a year customer by buying a $10 million company [23:16]Do not play the odds [27:27]Discount praise. Focus on what can be fixed [28:32]Why training is so important (compounding effect) [31:20]Difference between large company executives and founders [32:00]Why it is a good idea to collect good ideas [34:00]Determination is more important than intelligence [35:30]Your culture should be unique / Using shock to create behavioral change [38:24]There is no founder school [40:30]Perseverance is more important than intelligence [41:01]Copy from great founders [46:50]“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Released:
Oct 8, 2018
Format:
Podcast episode

Titles in the series (100)

Learn from history's greatest entrepreneurs. Every week I read a biography of an entrepreneur and find ideas you can use in your work. This quote explains why: "There are thousands of years of history in which lots and lots of very smart people worked very hard and ran all types of experiments on how to create new businesses, invent new technology, new ways to manage etc. They ran these experiments throughout their entire lives. At some point, somebody put these lessons down in a book. For very little money and a few hours of time, you can learn from someone’s accumulated experience. There is so much more to learn from the past than we often realize. You could productively spend your time reading experiences of great people who have come before and you learn every time." —Marc Andreessen