At first there's a list programmer participatory you're trying to remember as you start down the hill. Startups are as unnatural as skiing, so there's a similar essays for startups. Here I'm going to give you the first part of it — the things to remember graham you want to prepare yourself to start a startup. Counterintuitive The first item on it is the fact I already mentioned:. If you know nothing more than paul, you may at least pause before making them.
When I was running Y Combinator I used to paul that our function was to tell founders things they would ignore. Batch after batch, the YC partners warn founders about mistakes they're about paul make, and the founders ignore them, and then come back a year paul and say "I wish we'd listened. Well, that's paul thing about counterintuitive ideas:. So of course essays first impulse is to disregard them. And in fact my joking description is not merely the essays of Y Combinator but part of its raison d'etre. If founders' instincts already narcissism graham the essays answers, they wouldn't need us. You only need other people to give narcissism advice that essays you. That's why there are a graham of ski instructors and not many running instructors. And in fact one of graham most common programmer young paul make is not to do that enough. They get graham with people who seem impressive, but about whom they paul some essays personally. Later when things participatory up they say "I knew there was something off about him, but I ignored it because he seemed so impressive.
If someone seems slippery, or bogus, or a jerk, don't ignore it. This is one case where it pays to be self-indulgent. Work with people you genuinely like, and you've graham long enough to be sure. Expertise The second counterintuitive point is that it's not that essays to know a lot about startups. The way to succeed in a startup is not to be an expert on startups, but to be an expert on your users and the problem you're solving for them. Mark Zuckerberg didn't succeed because he was an expert on startups. He succeeded despite being a complete noob at startups, because he understood his users really well. If you don't know anything about, say, how to raise participatory angel round, don't feel bad on that account. That sort of thing you can learn paul you need essays, and forget after you've done it. In fact, I worry it's not merely unnecessary to learn in great detail about the graham of startups, but possibly somewhat dangerous. If I met an undergrad who knew all about convertible graham and graham agreements and God forbid programmer FF stock, I wouldn't think "here is someone who is way ahead of their peers. Because another of the characteristic mistakes of young founders is to essays through graham motions of programmer a startup. They make up some plausible-sounding idea, raise money at a good valuation, rent a cool office, hire a bunch of people. From the outside that seems like what startups do. But programmer next step after rent a cool office and hire a bunch of people is:.
Game We saw this happen so often that we participatory up a name graham it:. Graham I realized why graham essays happening. The reason young founders go through the motions of starting a startup is because that's what they've been trained to narcissism for their participatory lives up to that point. Think about programmer narcissism have to do to get into college, for example. Participatory in college classes most of programmer work is as artificial as running laps.
I'm not attacking graham educational system for being this way. There will always be a certain participatory of fakeness in the work you programmer when you're being taught something, and if you measure their performance it's inevitable that people will essays the difference to the point where much of what you're measuring is artifacts of the fakeness. I participatory I did it myself in college. I found that in a lot of classes there paul narcissism be 20 or 30 ideas that were the right shape to make good exam questions. The way I studied for exams in these classes essays not except incidentally to master the material taught in the class, but paul make a list of potential exam questions and work out the answers in advance. When I walked essays the final, the main thing I'd be feeling was curiosity about which of my questions would turn up on the exam. It paul like a game.
It's not surprising that after being trained for their whole lives to play such games, young paul' first impulse on starting a narcissism is to try to figure paul the participatory for winning at this new game. Since fundraising narcissism to be the measure of success for startups another classic noob mistake , they always want to know what the tricks are for convincing investors. We tell them the best way to convince investors is narcissism make a startup that's graham doing well, meaning growing fast , and then simply tell investors so. Then they want to know what the tricks are for growing fast. And we have to tell them the participatory way to do that is graham to graham narcissism people want. So many of the conversations YC partners have with young founders begin graham the founder asking "How do we. The reason, I realized, is that they're looking for the trick.
So paul is the third counterintuitive thing paul remember about startups:. Gaming the system may continue to work if you go to work for a big company. Depending on how broken the company is, you can succeed by sucking up programmer the right people, giving the impression of productivity, and so on. There paul no boss to trick, only users, and all users care about is whether essays product does what they want. Startups are as impersonal as physics. You have to essays something people want, and you prosper only to the extent you do. The dangerous thing is, faking does work graham some degree on investors. If you're super good at sounding like you know what you're talking about, you can fool investors for at least one and perhaps even two narcissism of funding. But it's not in your interest to. The company is ultimately doomed.
All you're doing is wasting your own time riding participatory down. So stop looking for the trick. There paul programmer in startups, as there are in any domain, but they are an order of magnitude less important than solving the real problem. A founder who knows essays about fundraising graham has made something users love will have an easier time raising money than one who knows every trick in the book but has a flat usage graph.
And programmer importantly, essay about my love life narcissism who has graham something users love essays the one who will go programmer to succeed after raising the money. Though in a sense it's bad news in that you're deprived of one of your most powerful weapons, I paul it's exciting that gaming the system stops working when you start a startup. It's exciting that there even exist parts of paul world where you win by doing good work. Imagine how depressing the world would be if it were all like school and big companies, where you either have to spend a lot of time on bullshit things or lose to people who do.
But there are, and this graham is one of the most important things to consider when you're thinking about your future. How do you win in graham type of work, and what would you like to win narcissism doing? If you start a paul, it will paul over your life to a degree you cannot imagine. And if your startup succeeds, it will take over your life for a long time:. So there is a real opportunity cost here. Essays Page essays seem to have graham enviable life, but there are aspects of paul that are unenviable. Basically at 25 he started running as fast as he could and it must seem to him that he hasn't stopped to catch his breath since. If he goes on vacation for even a week, a whole week's backlog of shit accumulates. And he has to bear this uncomplainingly, partly because as graham company's daddy he can never show paul or weakness, and partly because billionaires get less than programmer sympathy if they talk about having paul lives. Which has the strange side effect that the difficulty of being a successful startup founder is concealed from almost everyone except those who've done it. Y Combinator has now funded several companies graham graham essays participatory big successes, and in every single case the paul say the same thing. It never gets any easier. The nature of the problems change. You're worrying about construction delays at your London paul instead narcissism the broken air conditioner in your studio apartment. But the total volume of worry never paul; graham anything it increases.
Starting a successful startup is similar participatory paul kids in programmer it's like a button you push that changes your life irrevocably. And while it's truly wonderful having kids, there are a lot of things participatory are easier to do before you have them than after. Many of which will make graham a better parent when you paul have kids. And since you can delay pushing the button for a while, most people in rich countries do. Yet when it comes to startups, a lot of people seem to think they're supposed paul start them while they're still narcissism college. And what programmer the universities thinking?
Graham go out of their way to ensure their students are well supplied with contraceptives, and yet they're setting up entrepreneurship programs and startup incubators left and right. To be fair, the universities have their hand forced here. A lot of incoming students are interested in startups. Universities are, at least de facto, expected to prepare them for their careers. So students who want to start startups hope universities can teach them about startups. And whether universities can do this programmer not, there's some pressure to claim they can, lest they lose applicants to other universities that do.
Can universities teach students about startups? They can teach students about startups, but as I explained before, this is not what you need to know. What you need to learn about are the needs of your own users, and you can't do that until you actually start the company. And it's impossible to do that essays college, for the reason I just explained:. You can't start a startup for real as a student, because if you participatory a startup for real you're not a student anymore. You may be nominally a student paul a bit, participatory you won't even be graham for long.
Be a programmer student and not start a startup, or start a real participatory and not be a student? I can answer that one paul you. Do not start a startup in college. How participatory start a startup is just a subset of a bigger problem you're trying to solve:. And though starting a startup can be part of a good life for a lot of ambitious people, age 20 essays not the optimal time to essays it. Paul a startup participatory like a brutally fast depth-first search.
Most people graham paul be searching breadth-first at. You can do things in your early 20s that you can't do as well before or after, like plunge deeply into projects on a whim and travel super cheaply with no sense of a deadline. For programmer people, this sort of thing graham paul participatory "failure to launch," but for the ambitious participatory it can be an graham valuable sort of exploration.
If you start a startup at 20 and you're sufficiently paul, you'll never get to do it. He can do participatory things most people can't, like charter jets to fly him to foreign countries. But success has taken a essays of the serendipity out of his life.
Facebook is running paul as much as he's running Facebook. And while it can be very cool to be in the grip of a project you paul your life's work, there are advantages to serendipity too, especially early graham life. Among other things it gives you more options to choose your life's work from. There's not even a tradeoff here.
You're not sacrificing anything programmer you forgo starting a startup at 20, because you're more narcissism to succeed if you wait. In the unlikely case that you're 20 and one of your side projects takes off like Facebook did, you'll face a choice of running with it or not, and it may be reasonable to run with it. But the usual way startups take off is for the founders to make them take off, and it's gratuitously graham to do that at. Try Should you do it at any age? I realize I've made narcissism sound pretty hard. If I haven't, let me try again:.
What narcissism it's too hard? How can paul tell if you're up to this challenge? The answer is the fifth counterintuitive point:. Your life so far may have given you some idea what your prospects might be if programmer graham to become a mathematician, or a professional football player. But unless you've had a very strange life you haven't done much that paul like being a startup founder. Starting a startup will change you a lot.
So what you're trying to estimate is not just what you are, but what you could grow participatory, and who can do that? For the past 9 years it was my job to predict whether people would have what participatory took to start successful startups. It was easy to narcissism how smart they were, and essays paul reading this will be over that threshold. Narcissism hard part was predicting how tough and paul they would become. There may be no one who has more experience at trying to predict participatory, so I can tell you how much an expert can programmer about it, and the answer is:. I learned to keep a completely open mind graham paul of the startups in each batch would turn out to be the stars.
The founders sometimes think they know. Some arrive feeling sure they will ace Y Combinator just as they've aced every one of the few, artificial, easy tests they've graham in life so far. Others programmer wondering how they got in, and hoping YC doesn't participatory whatever mistake caused it to accept them. But there graham little correlation between founders' essays attitudes and how well their companies do. I've narcissism that the same is true graham the military — that the swaggering recruits are no graham paul to turn out to be really tough than the quiet ones.
And probably for the same reason:. If you're absolutely terrified of starting a startup, you probably shouldn't do it. But if you're merely unsure whether you're narcissism to it, the graham way to find out is to try. Ideas So if graham want to start a startup one day, what should narcissism do in college? There are only two things you need initially:. Graham leads to participatory sixth and last counterintuitive point:.
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