BC STARTUP

Saved by @AnmolNarula11

$Ryan Breslow \U0001f57a$

Ryan Breslow 🕺
@theryanking 2 years, 4 months ago 282 views

Save to PDF Share See On Twitter

How to run a company (in priority order):

1: Define a crystal clear north star

Great companies know their destination.

Everyone rowing in one direction.

The best north star? A SIMPLE, measurable metric.

Get it right, and watch the magic unfold! 💫

2: Hire uncomfortably good people

Ah, my favorite line!

Hire people you have no right to hire.

Who are so good it makes you nervous.

Who force everyone to step up their game.

Always level up 🦾

3: Create a culture of urgency

Nothing is more powerful than a group of people making every day count 🔥⚡️🚨

4: Make sure no one gets blocked

You’re paying good people good money.

Make sure they don’t get stuck!

Demotivating for them 🤦

Disastrous for the bottom line.

5: Occasionally take big swings

And when you do, go ALL IN!

There’s one thing you can always count on:

The world is changing.

There’s no better way to future-proof your business then disrupting yourself.

6: Nail the attitude

Enthusiasm, hard work, care for each other.

These are winning traits 🏆

Culture establishes the traits that define how your people operate.

A relentless optimism overcomes all obstacles.

Now imagine a company with:
1/ A clear north star
2/ Exceptional people
3/ Urgency at every corner
4/ Empowered teammates
5/ Fearless risk taking
6/ And a great attitude

… that’s a WINNER!

Ok that’s it folks!

How to run a company in 6 steps.

Follow me for more hands-on business threads 📈

Now go crush it!

More from Ryan Breslow 🕺

$Ryan Breslow \U0001f57a$

Ryan Breslow 🕺...
@ryantakesoff

Over the last 7 years I’ve built 2 multi-billion dollar companies.

It’s been grueling. We don’t share these lessons enough.

So I decided to do that over the last month.

The feedback has been awesome - 25k new followers in 1 month.

Here’s a roundup of all of the threads 👇

Why Bolt is the first tech unicorn to shift to a 4 day work

The biggest lesson I\u2019ve learned in building a $4B company:

It\u2019s all about the people.

I\u2019m thrilled to announce today that Bolt is the first tech unicorn to officially shift to a 4 day work week.

Here\u2019s why we did it and how we came to the decision \U0001f447\U0001f447\U0001f447
— Ryan Breslow \U0001f57a (@ryantakesoff) September 23, 2021

I’ve built both a $4B company and a $1B company over the last 7 years.

Here are the 12 mindset rules that got me

Over the last 5 years, I built a $4B company.

Sounds awesome right?

Not until recently.

I made every mistake imaginable.

The toughest part was getting my head right.

Here are the 12 mindset rules that I\u2019ve developed.
— Ryan Breslow \U0001f57a (@ryantakesoff) September 20, 2021

We 10X’d our company in the last 10 months.

Here are the 10 tactics to making every day

At Bolt we grew from $400M to $4B in the last 10 months.

That's a 10x in 10 months.

This wasn\u2019t an accident, but it also wasn\u2019t a given.

The shift? We started making EVERY day count.

What exactly does that mean?

Let's break it down \U0001f447\U0001f447\U0001f447
— Ryan Breslow \U0001f57a (@ryantakesoff) September 28, 2021

We’ve closed more deals in the last 90 days than in all of Bolt history.

Here are 10 tips on how to negotiate your best

In the last 90 days, we\u2019ve closed more deals than ever before in Bolt\u2019s history.

These deals alone have added billions to our valuation

This wasn't an accident.

We completely changed how we negotiate deals.

Here are 10 tactics we use today to negotiate Bolt\u2019s best deals:
— Ryan Breslow \U0001f57a (@ryantakesoff) September 25, 2021

$Ryan Breslow \U0001f57a$

Ryan Breslow 🕺...
@theryanking

What to look for in a cofounder:

Oh boy, this is a big one!

Why?

The #1 cause of death in startups is 🥁🥁

Co-founder issues!

Who you pick as co-founder is perhaps THE most important decision you’ll make.

I have a TON of advice on the topic, so let’s dive in 👇

The MOST important thing to know:

Your cofounder must fit in the overlap of TWO venn diagrams:

1/ Personality fit

2/ Ability to execute

A pitfall founders make: choosing ONLY ONE.

Why?

> Choose personality fit w/out ability to execute, and there will be an inevitable reckoning when one cofounder feels they are contributing disproportionately.

> Choose ability to execute w/out personality fit, and the relationship strain grows until it becomes paralyzing.

Someone worthy of a cofounder title must be a unicorn 🦄

ie. they must have both!

Having both results in a DEEP MUTUAL RESPECT amongst each other.

And of course, there are some nuances to both of these venn diagrams.

Let’s double click on each one:

Advertisement

$Ryan Breslow \U0001f57a$

Ryan Breslow 🕺...
@theryanking

The spiritual path, a thread:

The spiritual path is not for the faint of heart.

It is both the toughest of life’s paths and the most rewarding.

All journeys are unique.

But all lead to the same place: total love and oneness.

The path requires alignment of mind, body, and spirit.

All are a part of You.

One without the other leads to imbalance.

Recognize and nurture all aspects of You.

I’ll show you how.

1/ Mind

Your mind is trying to process all available information to protect you.

The problem: it gets tripped up.

We live in a world of constant fear-based stimulation.

Most of modern society is designed to feed and profit off of your mind.

1.1/ Pause your mind

This is effectively what meditation is and why it’s so powerful.

Some meditators use a mantra so as to have one repetitive thing to repeat.

This helps unwind cyclical thoughts.

It breaks the mind free from it’s shackles.

It stops the churn.

$Ryan Breslow \U0001f57a$

Ryan Breslow 🕺...
@theryanking

YCombinator is not worth it, a thread:

These days, I get asked by founders all the time: “Should I do YC (YCombinator)?”

My answer used to be: “Probably not worth it, but if you really want to, sure.”

Today, given what YC has become, my answer is a hard: “No.”

Here’s why 👇

Before we dig in, a note on my motivation.

Some think my recent tweets are marketing stunts.

The truth: there’s nothing that pisses me off more than the Mob Sh*t that goes on in Silicon Valley.

My mission of empowering the next generation of entrepreneurs drives all my work.

Ok, now to YC…

This thread is long, but here’s the main takeaway:

YC might have started off pure.

But money, power, and greed have corrupted it.

Today, YC is a lottery factory capturing 10%+ from founders with little concern about the individuals going through the program.

The problem: founders new to Silicon Valley think of YC as a MUST.

This is the narrative that needs to be put to bed.

And, I’ll go one step further, it is a MUST AVOID.

Why?

$Ryan Breslow \U0001f57a$

Ryan Breslow 🕺...
@theryanking

Over the last 72 hrs, countless founders reached out in private to thank me for standing up.

My realization: VCs don’t just dominate the capital, they also dominate Twitter.

We need to balance the scales.

For founders, here’s how I’ve grown my Twitter with minimal time 👇👇👇

Before I dive in… I’m challenging myself!

I started writing this at 8p ET on the DOT.

Let’s see how fast I can get it out.

Here we go 👇

Filling the queue 📜

I use Buffer (.com) to queue up tweets.

For 2-3 hours at the beginning of each month, I meditate and fill it up 🧘

My focus: business insights and wisdom.

Once you get flowing, it keeps on flowing.

Packing the punch 👊

Some people think Twitter is for 280 characters.

I’ve found the opposite to be true: it’s the most effective long-form platform on the planet.

Instead of a single blog post, each section is its own tweet and can be shared.

Maximum momentum!

I try to do long form 1-3 times per week.

I find that if I’m in a meditated state and have picked a good topic, the words just flow out.

These “tweet storms” take about 1-2 hours to get out.

PRO TIP: keep a "list of topics" and any time you think of one, write it down.

More from Startup

Julian Shapiro
@Julian

THREAD: 10 significant things that the best startup founders get right.

(From my notes helping 400+ founders grow their startups.)

The smartest people I’ve met:

They retrain their minds to enjoy being wrong.

They get a dopamine hit when proven wrong because they’re excited to be closer to the truth. The truth is addictive.

In contrast, if you refuse to lose a debate, your brain keeps running old firmware.

I don’t know one highly effective person who isn’t strongly biased toward taking action.

They defer the stuff that doesn’t matter, and they always finish the stuff that does.

It's about rate of iteration and persistence, not brilliance.

The successful people I know have mastered delayed gratification:

They let themselves feel a dopamine hit when they do something that makes their future selves better.

They've learned to value their future self as much as their present self.

Success in life really appears to be two things:

1. Point yourself in the right direction.

2. Do the work even when you're not in the mood to.

(And privilege.)

GREG ISENBERG
@gregisenberg

THREAD: Most advice is garbage

Here's some advice you shouldn’t listen to on startups, careers and life:

“90% of startups fail”

If you’re building a startup for the money, please quit

You’re probably better off working for FB or AMZN and rising the ranks

A successful startup isn't just about the valuation. It's about impact on your team, the world and yourself

The journey is 🔥

“You'll sleep when you’re dead”

If you don't sleep, you'll BE dead

Sleep is crucial to a happy mind and body

Without sleep, you become "foggy drunk", unable to take control of your life, startup or career

Beware of hustle culture and sleepless nights

“Become a doctor, lawyer etc”

This is probably some of the most undercover toxic advice parents can give to their children

The internet has opened the doors for anyone to become anything

Discover WHO you want to become before you decide on WHAT you want to become

“Don’t talk to strangers”

- You can't make lifelong friends if you don't talk to strangers
- You can't really discover who you are if you don't talk to strangers
- You can't get the benefits of the internet without talking to strangers

BE CAREFUL, but please talk to strangers

Advertisement

Brad Johnson
@Brad_Johnson

A Thread - What to read in 2021?

Wisdom via @EricJorgenson via @naval via @illacertus... from @Navalmanack a book I’ll be rereading in 2021.

Here’s why.

“I don’t want to read everything. I just want to read the 100 great books over and over again.” - @illacertus

“I think there’s a lot to that idea. It’s really more about identifying the great books for you because different books speak to different people. Then, you can really absorb those.” - @naval

It was a few years back I started thinking about the idea of rereading books vs trying to “keep up” with the constant consumption of new material rolling off the book publisher’s assembly lines.

I believe the consept first landed on my radar from that very @farnamstreet podcast where @naval shared the quote referenced above.

It immediately made sense to me.

It’s crazy to think about how much the world has evolved in just the last decade.

Technology is creating shorter attention spans with the constant bombardment of bite-sized “click bait” headlines and iPhone notifications.

Jon Brosio
@jonbrosio

How to build a $100/day digital side hustle.

A dead simple guide to get you started:

Since 2020, I've:

• Built an online audience of 80k+
• Sold $150k+ in digital products
• Secured $50k+ in contracts
• Generated 100M+ views

It all helped me build a side hustle that allowed me to leave my 9-5.

If I had to start from scratch, here's what I would do:

1. Find your "niche-of-one"

This is found at the intersection of:

• What you're good at
• What is already popular
• What is currently profitable

The three ingredients of a profitable, money-making side hustle.

2. Start on Twitter

Why?

Twitter is the best audience building platform because:

• You can DM creators
• You can collect rapid data
• You can quickly execute on publishing
• You can mix short and long form content

(And we'll leverage the content later)

3. "Borrow" your core audience

Most people:

• Publish into the void
• Purchase shares & retweets
• Join expensive engagement groups

To grow in the beginning.

There's another way...

The "Waffle House Marketing Strategy"

Check it out:

In January of 2022, I started Twitter at zero

As of April 1, I'm currently at:

\u2022 435 followers
\u2022 $500+ a month
\u2022 183k monthly views

What's my secret?

The "Waffle House Marketing Strategy"

99% of people are unaware of this predictable and repeatable growth technique \U0001f447
— Jon Brosio (@jonbrosio) April 2, 2022

GREG ISENBERG
@gregisenberg

10 reasons why I think now is the greatest time to launch a startup

You should probably consider starting something

Just listen to this:

You can start with the community

I’ve identified ~8000 communities that could be unbundled from Reddit

- They are thriving
- They could make you ~$1m/year of revenue
- You often need $400 max to build MVP to tap that untapped value
- It's fun

Sounds like a dream job to me

People in Silicon Valley don’t have an edge on you

SF held the monopoly on startups for decades. Now, being in SF doesn’t matter for 99% of businesses

Don’t let anyone tell you otherwise

The world is flat and is staying flat

Hell yeah. That feels good to say

You have 10x the amount of funding sources

You used to have to rely on VCs. Not anymore

To name a few:

- Fund via your community
- Fund via NFTs
- Fund via pre-sales
- Fund via tokens
- Fund via accelerators all over the world
- Etc

All of a sudden, you have 10x the options

Niche businesses can be worth billions

People used to laugh at niche. Why “go small” when you could “go big”?

The way to go big right now IS to go small

Large tech companies can’t be everything to everyone

You May Also Like

Edwin Hayward
@uk_domain_names

Ok, it's high time to look at the REAL effects of Brexit. As the Tories implode & Labour sits on its hands, companies are executing contingency plans, shifting jobs & assets, slashing investments, or redomiciling (accounting exercise). Happening NOW, not in a fantasy future. 1/95

Barden Corporation is closing down its Plymouth factory after 51 years, putting 400 jobs at risk, as its parent company Schaeffler shifts production to various sites outside the UK due to Brexit.

8 health providers have warned of medicine shortages in the event of a no-deal Brexit: "we do not believe that the current medicine supply plans will suffice, and we will have widespread shortages if we do not respond urgently."

Pfizer - $100 million on Brexit prep: "Pfizer’s preparations are well advanced to make the changes necessary to meet EU legal requirements after the U.K. is no longer a member state, especially in the regulatory, manufacturing and supply chain areas."

The Government has spent £4.2 billion pounds on Brexit preparations (£2.2 billion in previous Budgets, plus an additional £2 billion in the most recent Budget.)

$MaMaMia \U0001f1ec\U0001f1f7\U0001f1e8\U0001f1fe\U0001f1e6\U0001f1f2 SupportGreekProducts$

MaMaMia 🇬🇷🇨🇾🇦🇲 Support...
@MaMaMia73189983

Following @BAUDEGS I have experienced hateful and propagandist tweets time after time. I have been shocked that an academic community would be so reckless with their publications. So I did some research.
The question is:
Is this an official account for Bahcesehir Uni (Bau)?

Bahcesehir Uni, BAU has an official website https://t.co/ztzX6uj34V which links to their social media, leading to their Twitter account @Bahcesehir

BAU’s official Twitter account

BAU has many departments, which all have separate accounts. Nowhere among them did I find @BAUDEGS
@BAUOrganization @ApplyBAU @adayBAU @BAUAlumniCenter @bahcesehirfbe @baufens @CyprusBau @bauiisbf @bauglobal @bahcesehirebe @BAUintBatumi @BAUiletisim @BAUSaglik @bauebf @TIPBAU

Nowhere among them was @BAUDEGS to find

Advertisement

Noah Smith
@Noahpinion

1/OK, data mystery time.

This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE

That's weird. Income inequality in China is legendary.

Let's check this number.

2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".

The report is available here:

3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.

The graph cites the World Development Indicators as its source for the income inequality data.

4/The World Development Indicators are available at the World Bank's website.

Here's the Gini index: https://t.co/MvylQzpX6A

It looks as if the latest estimate for China's Gini is 42.2.

That estimate is from 2012.

5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.

I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.

Nikita Poojary
@niki_poojary

Catch me if you can @Mitesh_Engr

Time for a🧵
Mitesh Sir's EXPIRY Option Selling 101:
• What to look for?
• Strike Selection & Ratios
• SL mgmt
• Avoiding freezes
• Monthy Expiry
• Event days
• How he would have traded last expiry?

In collaboration with @AdityaTodmal

Edward de Bono says intelligence is like a🚗 Automobile

“A powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.”

What @Mitesh_Engr Sir looks at for Expiry Trading:

• Technicals of BNF
• Individual Heavyweight stocks of BNF
• Support/Resistance of BNF on weekly TF
• Also has Superb SL management
• When it comes to adjustments, he is always on toes

How to Select Strikes to Sell?

• You can't sell based on premium
• Follow only trend
• Price action is best to sell on expiry day
• Never wait for the options to go to zero

Using Ratios to Sell:

• If BNF is in a range then strangles
• If breakout/ breakdown from a range then directional
• Selling 70/30 or 80/20 ratios
• 2 examples on how he used ratios

Novid Houellebecq (Tha...
@GarouGothic

I want to explain what happened to tumblr overnight. And why Twitter as reached it's dream (or have come ever so close to it)

Yahoo, who bought Tumblr years ago, used to have a huge adult presence on the early net. They allowed adult groups and what not.

However, people and bots (just like now) misused the service, and Yahoo were forced to make a choice. They made private the groups (and later closed them down and sold some of it to other companies) and then ended their chatrooms on yahoo messenger...

after a incident with one of the chatrooms vid cams. The damage was done, Yahoo Messenger lost a lot of people - and with the closing of the groups - backpage and Craigslist came more important.

Now backpage is no more and Craigslist is slowly passing away. Tumblr had a semi strong community, but once 2014 came around and both porn, and political bots exploded the quality started to go down,