Personal Mantras
These are a few of the mantras that I have developed and refined over the years which have guided me on my entrepreneurial journey.
Nothing is ever as bad as it seems, but nothing is ever as good as it seems either.
You will never have enough money, people, or enough time, so focus on what maximizes your chance for success.
Solve for people, process, and money transfer before building tech in order to know what to build before burning valuable resources.
Understand whether what you’re building is a feature, a product, or a company.
Features rarely become companies.
Products have a chance to become a company, but so much needs to go right.
Companies must be all-encompassing in what they do.
It’s always about supply and demand. Try to target markets with unlimited or controllable supply (equity markets, crypto, manufacturing, production, etc.), so you only need to focus on generating demand.
Always be selling the company story — to your team, to anyone who will listen — to refine the message for your next round of fundraising and align your team members on the vision.
Where you start is almost never going to be where you land so don’t be married to that singular vision and let the market be the one to tell you what it wants.
Keep innovating and don’t worry about the incumbents, they’re too busy dismissing you until it’s too late.
Let go of people before you think you absolutely have to. The negative impact they've had on the organization is already being felt and it’s spreading faster than you know.
Don’t expect outcomes to change if you keep doing the same things.
Most companies are not taken down by a single blow but instead by a series of small yet continuous mistakes.
Take stock of the little wins every day and use that momentum to keep powering you forward.
No one ever lost money by taking chips off the table, but remember to let some ride so you maintain the potential for upside.
Stay in business long enough to get lucky.