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I'm a 36-year-old CEO who sold my first startup for $1 billion. Here's what I've learned this past decade.

Achievement is Fickle

Achieving Goals does not give any lasting happiness, just a temporary satisfaction.

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I'm a 36-year-old CEO who sold my first startup for $1 billion. Here's what I've learned this past decade.

I'm a 36-year-old CEO who sold my first startup for $1 billion. Here's what I've learned this past decade.

https://www.businessinsider.in/careers/news/im-a-36-year-old-ceo-who-sold-my-first-startup-for-1-billion-heres-what-ive-learned-this-past-decade-/articleshow/72955502.cms

businessinsider.in

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Key Ideas

Knowing Success

Justin Kan is a mid-30s entrepreneur who sold his previous startup, Twitch, to Amazon for $1 billion, and has raised millions in VC funding for his current project, the legal startup Atrium.

Work With The Right People

Success might boil down to whom you are working with.

Having the right people around you is more important than even having the right idea or the right kind of resources.

Don't Give Up

Lasting success comes with time and perseverance.

Goals Keep Getting Bigger

Your goals will just keep getting bigger and bigger. Don't stop, don't settle and keep achieving.

Achievement is Fickle

Achieving Goals does not give any lasting happiness, just a temporary satisfaction.

Anxiety Is a Constant Companion

Anxiety and Fear are not situational and occasional but can be a constant state of mind.

Learn to cope with them.

Meditation With Your Fear

Instead of escaping or shying away from your fears using TV or alcohol, you can sit with your fears in meditation.

Don't Try To Attract People

Instead of trying to attract people towards you, just be naturally vulnerable and curious.

Lasting Happiness

Lasting happiness comes from gratitude, connecting with other people and liberation from your self-tortured striving.

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Unhappiness vs Depression

Unhappiness vs Depression

Unhappiness and depression are on the same platform. They both are caused due to our disconnection from what makes us happy.

What we need to be Happy

Depression is caused by the lack of what we need to be happy:

  • We need to belong to a group. 
  • We need to be valued by other people.
  • We need to know that we are good at something.
  • We need to know we are secure in our future.

Soul-Destroying Work

If the work you're doing isn't meaningful, people are bound to get anxious, depressed and unhappy. The most stress-inducing is the work that is monotonous and boring.

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Mistakes at Work

  • Most people unconsciously overreact about their mistakes.
  • It is much better to accept mistakes, learn from them, and move on.

Admit and acknowledge your mistake

  • It’s critical to be transparent, and candid own up to the mistake, and not blame others.
  • Even if it was a group mistake, acknowledge your role instead of hiding.
  • In cases where someone was hurt, issue an apology, but don’t apologize too much, or be defensive.
  • The key is to be action-oriented and focus on the future. 

Make use of your support network

A healthy support network is beneficial if it has authentic trusting relationships, has a varied range of perspectives, and follows the 'give and take rule'.

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Writer's block

Not knowing what to write about is more a problem when writing stories, but essay writing is basically thinking out loud.

When writers' block does strike, pacing around or going out for a...

Evaluating criteria

The goal of an essay is to surprise the reader. If you write about a topic you understand reasonably well, and you're able to discover things you didn't consciously realize when you started writing, you have something worth saying.

Let your friends read your work. They'll sometimes find significant problems.

Common traits

Great entrepreneurs and great writers have this in common: They notice anomalies that other people skip over.

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