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I share what I learn each day about entrepreneurship—from a biography or my own experience. Always a 2-min read or less.
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Weekly Reflection: Week One Hundred Thirty-Two
Today marks the end of my one-hundred-thirty-second week of working from home (mostly). Here are my takeaways from week one hundred thirty-two:
- Still needs more work – Last week, an idea I pitched got a decent reception. This week, the reception was warm. I still need to refine the pitch and tighten it up to make it more succinct, but it’s moving in the right direction.
- Network – My conversations this week got me thinking more about networks and how to increase the value of a network to the people in it.
- Meetings – I traveled this week. It was great to get in-person time with people I haven’t seen in a while. In person, you can have conversations that are more productive than Zoom meetings, and you can strengthen relationships in ways you can’t over Zoom.
Week one hundred thirty-two was productive but tiring. Looking forward to next week.
To Recharge Your Brain, Set a Problem Aside
The last few weeks, I’ve been focused on solving a complex problem. It’s been iterative and hasn’t always moved as quickly as I’d like. I normally work on it on weekends too. But this weekend, I didn’t. Instead, I attended an event with extended family and friends. I gave myself permission to not think about the problem for a few days, and I’m glad I did.
It was great to be fully present to celebrate with people I care about. It was also nice to reset mentally. Today, when I began to work on the problem a bit more, I had renewed energy and some fresh ideas.
This weekend was a reminder that sometimes it’s best to put something away for a few days and then come back to it with a fresh mind and renewed energy.
Weekly Reflection: Week One Hundred Thirty-One
Today marks the end of my one-hundred-thirty-first week of working from home (mostly). Here are my takeaways from week one hundred thirty-one:
- Needs more work – Last week I got blank stares from those closest to me when I pitched an idea. This week, I refined it—specifically, how I framed the problem. I didn’t get blank stares, so that’s better. More engagement and understanding. But it still needs more work.
- Contrarian – When you’re doing something different than the norm, most people won’t agree with you. Be ready to hear the pushback and defend your position. Be confident, but also be open to listening, because you could still be wrong.
- Big words – Using big words people don’t know to communicate complex things seldom works in your favor.
Week one hundred thirty-one was humbling. Looking forward to next week.
Weekly Reflection: Week One Hundred Thirty
Today marks the end of my one-hundred-thirtieth week of working from home (mostly). Here are my takeaways from week one hundred thirty:
- Needs more work – You know your pitch still needs work when those closest to you respond with blank stares. I definitely got some blank stares this week. I’ll keep refining until the blank stares turn into excitement.
- Complexity – Sorting through complexity isn’t easy. When there’s complexity that others can’t figure out, that’s a big opportunity to create value. I need blocks of uninterrupted time to do this. I carved out time this week, and I’m glad I did.
- Timing – You can’t control timing, but you need to be aware of it because it can have an outsize impact on outcomes. When the timing is right, you need to recognize it and take advantage of it. This week was a reminder of that.
Week one hundred thirty was calm (meeting-wise) but highly productive. Looking forward to next week.
Weekly Reflection: Week One Hundred Twenty-Nine
Today marks the end of my one-hundred-twenty-ninth week of working from home (mostly). Here are my takeaways from week one hundred twenty-nine:
- Pitching rough ideas – Sometimes the best people to pitch on an early, rough idea are those closest to you. It’s likely to happen during casual conversation about what’s new, which is a more relaxed setting than a formal pitch meeting. If they care about you, they’re more likely to give you honest feedback. It’s also a safe environment in which to refine your pitch. I did this myself this week, and it was helpful.
- Trusting my gut – Sometimes my gut pushes me to take certain actions that just “feel” right. I can’t always explain why it’s the right move at that moment, but after I reflect later, I can. This happened a few times this week. One resulted in an entrepreneurial insight that could prove pivotal. Note to self: trust your gut.
- Not sure what they want – If you ask customers what they want, they’ll tell you they want a specific solution. If you ask them what they’d like to achieve long term, they’ll tell you something else. This week was a reminder that sometimes people don’t realize that what they say they want doesn’t align with what they’re trying to achieve. If you can recognize these instances, they can be opportunities to present an alternative solution they haven’t thought of.
Week one hundred twenty-nine was a great one. Looking forward to next week.
What’s the Mamba Mentality?
I was going back and forth with a buddy this week about Kobe Bryant’s mentality and why it led to outsize success in a league where he competed with the best of the best. I came across a short clip of him describing the “mamba mentality” and why it works. Here are my takeaways from the clip:
- Kobe’s mamba mentality was about being the best version of himself through continual improvement.
- Kobe understood the power of focusing on the right habits to produce his desired outcome. He developed a habit of training every day, which increased his chances of being the best. (Atomic Habits is great for understanding the power of habits.)
- Kobe understood the effect of compounding effort. He trained more often—four times a day—by starting early in the morning. With this much training, his skills improved rapidly. So much so that after five years, he was so far ahead of his peers that there was nothing they could do to catch him. In a league of the most gifted individuals, he left everyone in the dust.
Kobe’s clip reminded me of a post I shared a few months back. Self-improvement is the key to sustained outsize success. The biggest limit on your success is your ability to improve yourself.
Kobe was smart enough to develop his mamba mentality early in his career, and he became a legend. I’m not as smart as he is, so it took me longer to fully understand this mindset. Because I now understand how important it is, I have daily habits focused on improving myself by acquiring knowledge. I’ve been sharing daily posts for over two years, and that’s a big part of my efforts. I also spend around two hours a day learning. I can’t predict or control the outcome of these efforts, but if I stick with these habits, I’m confident I’ll have outsize success over the next few decades. Maybe I’ll be as fortunate as Kobe and leave my peers in the dust too.
I’m no Kobe Bryant, but I subscribe to his mamba mentality (in my own nerdy way!).
No One Else Is Looking at This. Is It a Unique Insight?
I’ve been looking for data to quantify how the network problem in VC affects fund returns and efficiency of capital allocation to early-stage founders. I suspect that VCs that subscribe to the usual approach have funds that perform worse than those with diverse networks closer to ground level (i.e., network entrepreneurs are already in). I’ve read several academic papers that dive into VC networks, but they’ve all looked at this from the perspective of existing VC networks. Said differently, the papers look at how well VCs network among themselves and how that affects fund performance.
My observation seems obvious, but it’s been challenging to find research or data on this point—either way. I’m starting to wonder why people haven’t spent more time looking at things from this perspective. Maybe it isn’t as obvious as it feels to me. I connected with one other person researching VC from this perspective, and he shared that he too feels like no one else is looking at things from this angle. There seems to be a miniscule contingent that is. Others accept the status quo in VC. This makes me wonder if this a unique insight that could be the foundation of a game-changing solution.
I’m not sure right now, but I’ll be keeping this top of mind as I progress. I’ll be excited if this is a unique insight!
Weekly Reflection: Week One Hundred Twenty-Eight
Today marks the end of my one-hundred-twenty-eighth week of working from home (mostly). Here are my takeaways from week one hundred twenty-eight:
- Persistence – I’ve been trying to connect with certain people for months. I tried various ways to reach them that ended up being dead ends. But I didn’t give up. Finally, I networked my way into meetings with them. This week reminded me that persistence pays off. I just need to be patient while I’m being persistent.
- Community – Been thinking a lot about the importance of community for early founders. Community builders in start-up ecosystems don’t have it easy. Finding runway to build and sustain these communities is a hurdle.
- Understanding people – Understanding what drives someone’s actions is important. Why they do something can matter more than what they do. It’s not always easy to get to a person’s true motivation, but when you do, it can be game-changing information that helps you understand the best way to interact with them.
Week one hundred twenty-eight was short but productive. Looking forward to repeating the productivity next week.
Weekly Reflection: Week One Hundred Twenty-Seven
Today marks the end of my one-hundred-twenty-seventh week of working from home (mostly). Here are my takeaways from week one hundred twenty-seven:
- Low meeting bar – Some conversations led to some great, unexpected outcomes. My expectations of these meetings were low, and I wasn’t sure what would happen. This experience reminded me to leave room for serendipity in my meeting schedule.
- Conviction – Having strong feelings about something is important when you’re trying to do the impossible. They help you weather the inevitable emotional roller coaster. Absent that conviction, you’ll likely give up too soon. Being able to communicate your conviction in a way that’s authentic is also important.
- Holiday – I always enjoy holidays because of the opportunity to spend time with family and friends. Looking forward to the long weekend.
Week one hundred twenty-seven was steady. Looking forward to the holiday and next week.
Weekly Reflection: Week One Hundred Twenty-Six
Today marks the end of my one-hundred-twenty-sixth week of working from home (mostly). Here are my takeaways from week one hundred twenty-six:
- Music industry – I spent time researching the music industry. I think there are some things they’ve done well that can be applied to venture capital. My network in Atlanta came in handy for this research.
- Insights – I’ve been working on a project that has had its ups and downs. This week I was able to piece together some insights that led to a breakthrough. Excited to build on this momentum next week.
- Routine – I changed my routine a little this week. I felt like I needed a spark. The changes worked. I was a bit more energized and productive.
- Problem on my mind – I’m thinking more about a particular problem. I’ve noticed I wake up at night with new ideas about it. This week I started jotting them down so I can go back to sleep. I’m struck by the fact that, like I said in another post, the last time I thought about a problem this much, I started a company to solve it.
Week one hundred twenty-six was busy. Looking forward to next week.