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Where 140k+ founders read my weekly newsletter offering tactical insights to start, scale, and fund their startup. Real advice from a 3x exited founder & author of the #1 Best Seller "Starting A StartUp | Build Something People Want."
Hey Reader, Stop. Just for a second. It's halfway through the year, so this week I am asking you for a quick lift-your-head sanity check. This is literally a ping/ack. I just want to check to make sure you are doing what you said you would be. You might be. You might not. Can we check? Mid year is so f'd because it's not like December when the book says do your strategy and budgets and stuff, not like January when you wake up fresh, new year, new you :) We are far enough from the plan you...
Hey Reader, Last weeks game theory was very simple. Trust is the only currency that compounds in an infinite game. The founders who win know when to switch from finite-game (aka survival) to infinite-game (aka trust). Simple. (Not easy to execute, but simple to understand) What I failed to define (thx Coen) is what trust actually is... Trust is explicitly a bet where you can get hurt. And if you can't get hurt, it's not trust, it's just a transaction. If you know what you're going to get like...
Hey Reader, Game theory is important. Why? A startup is just a series of games to get to the next level, each one unlocking bigger weapons and bigger demons. It's exactly why some founders love the journey of building more than the exit, they love being in the arena, playing the game. So the simple question should just be, according to game theory what is the best way to win? TL;DR The Finite Game is about preventing death (runway, first everything). The Infinite Game is about managing growth...