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How to write clearly and concisely
How to use proper grammar and punctuation
How to structure a business document
The Best Preparation is to Start Something
- It turns out that the best preparation for starting a wildly successful company is founding a startup.
- If you have never started a company, the best preparation for doing so is to start something, maybe a club, a side hustle, or simply selling something online.
- You might get to your billion-dollar outcome on your first try, but the data show that it’s more likely to happen on your second, third, or tenth.
- What is important, though, is to keep building until your luck comes through.
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60% Were Not First-Time Founders
- Among the founders of billion-dollar startups, almost 60% were not first-time founders.
- In a randomly selected group of startups that had raised a minimum of $3 million in venture capital funding but didn’t reach unicorn status — the typical picture for a seed-funded startup — about ...
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More than 70% had Founded Company with High Revenue
- Another relevant data point: of the repeat founders of billion-dollar companies, more than 70 percent had founded a previous company (42% in absolute numbers) that was acquired for around $10 million or had similar levels of revenue — compared to 24 percent in the r...
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Builders are Much More Likely to Start Massively Successful Companies
- Even first-time founders like Mark Zuckerberg and Bill Gates were not really first-time builders.
- They had started various projects before starting their companies that we know them for.
- Zuckerberg had created a music app called Synapse, and Gates h...
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CURATED FROM
The Founders of Clubhouse, Spotify, Stripe, and 42% of Unicorns Have One Thing in Common
marker.medium.com
4 ideas
·618 reads
CURATED BY
Lawyer turned Artist Visionary Curator & Gallerist. Empowering self-love and joy through art & words. www.innerjoyart.com 💝 Instagram : dymphna.art
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The four most common paths into PM
- Internal transition at a large company — Generally the easiest and quickest route.
- Finding a junior PM role at a large company — Likely the most common route, but is limited to companies with APM or internship programs.
- Joining a sta...
And the best valuation method is…
The best valuation method is the one described by Pierre Entremont. He says you should start by defining your needs and then negotiate dilution.
The optimal amount raised is the maximal amount which, in a given period, allows the last dollar raised to be more useful to the company than har...
The Meaning Of Outcomes
An outcome is “a change in human behaviour that drives business results.” Outcomes have nothing to do with making ‘stuff’ – though they’re something created by making the right stuff.
Outcomes are the changes in the customer, user, employee behaviour that lead to good ...
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