Entrepreneurship

“Often in entrepreneurship, at least, we obsess on not being happy, and like, there's also, like sort of a cult around it.”

“Entrepreneurship is going to be the last bastion of human economic value. If they take everything from us, we will always have entrepreneurship. So, Shopify is sort of like a hedge against every job being taken because they can't take from us our agency and ou…”

“Usually when, you know, you're mentored by an operator, they're super strong technically, and, you know, they're going to be able to help you basically do what they did. But if you want to help someone play to their strength, then that's a little bit of a diff…”

“The, if you're really logical about things, you're not an entrepreneur. Yeah. If you are like one of those who's, you know, doing this SWOT analysis, or doing a two by two, and you know, and analyzing and paralyzing, you're not an entrepreneur. Because an entr…”

“The way things are constructed now, there's very little room for entrepreneurship. Unless you have A lot of money, or your family has money. I mean, just to have an idea, and have virtually no money, it's hard, man. It's hard. It's not the same country.”

“India has too much fear in entrepreneurship where everybody is worried about this agency, that tax, this red tape, that has to structurally go away.”

“I think the feedback loop and the MVP cycle just decreases a lot. And the basically the entry level towards entrepreneurship, as we know and understand it today, it's pretty low right now because of AI, right? Everyone that they can just use the free model gen…”

“The greatest line of all time is, you know, I want to start my own thing because I want to set my own hours and I want to, you know, take days off and I want, oh Jesus Christ, you should just stay where you're at and keep working for somebody else because that…”

“I just think we're gonna go into the golden age of entrepreneurship. It's by far the most AI-safe job. It's by far the most AI-benefiting job.”

“It's a lot, oftentimes that answer is not entrepreneurship, and it is having your, a job that you love.”

“Like, I think a lot about how much less money I would have made if I had started 15 years earlier. Which is like not very popular to say. Like, I talk so much shit about old bosses and old companies, but the truth of the matter is, I learned so much on somebod…”

“Another thing that reappears throughout the history of entrepreneurship, maybe my favorite maximum of all time from the history of entrepreneurship is that excellence is the capacity to take pain.”

“When money's not a motivation, there's no reason to stop. Like, it used to be, oh, I'll earn enough too, and then I would say, oh, now I can take a break. Now, since money's not the goal, then I don't have any natural thing to stop me from doing the next thing…”

“I would just say that I don't think it's prerequisite for extreme success. It's just that most humans grow up in bad environments. And so I think you just, it's literally just a bigger sample size. There you can, you know, grow up with, you know, loving househ…”

“I don't think you choose to be an entrepreneur. I think, like, there's this great line from Jeff Bezos where he says, we don't choose our passions choose us. That's how I kind of think about it. So I think even if they, that entrepreneur type didn't even have …”

“You know, unfortunately there are going to be more and more layoffs as AI helps with productivity. At the same time, I think there's going to be a renaissance, the golden age of entrepreneurship, and people creating assets, products like this, one person busin…”

“Rightly seen, the entrepreneurial journey is a hero's journey, and a hero's journey is a spiritual journey. It's a journey of discovery. It's a journey of going deeper into yourself, knowing who you are and what really matters in life.”

“It seems that responsibilities and obligations tend to increase throughout life. Each day that goes by is an opportunity for A responsibility to come into play or an obligation or an obstacle that you didn't foresee to come up. And so if you're waiting till yo…”

“The failure of so many of Rock's artists to outlive their expiration date of a few years Make more than a few great albums, and avoid water treading, or worse, I felt was due to the misfit nature of those drawn to the profession. I think this is also true for …”

“Operator. It's all about action. You know, it's all action, action, action. You got to do stuff, right? You're trying to do as many things as you can be super productive as an investor. It's like, sit on your hands. Inaction is your friend. All the money's mad…”

“Catan truly is one of the best ways to get you into the problem-solving mindset that entrepreneurship requires.”

“Forced entrepreneurship and passion-based entrepreneurship are very, very different things. And the idea of us, you doing your life's work and me doing my life's work, that is a concept that was foreign to our parents and grandparents.”

“You're never going to be happy for very long. This is the curse that we have as entrepreneur. It's a blessing and a curse. It's a blessing because it motivates us To do things, right? To ship, and to grind, and to believe in the growth mindset that we'll get b…”

“The team bus rides, the locker room, the it's all of the like camaraderie stuff that happens along the way. It's like the kind of the buildup is the stuff that they miss the most. And I think there's that for entrepreneurship too. I think there's that, that's …”

“I think half of entrepreneurship is just pain tolerance plus consistency.”

“There are a few great lies of entrepreneurship, and one of them is that you can't grow a big company without raising a bunch of money. And it's perpetuated by an industry that, like, you know, venture capitalists make money when they give you money.”

“I say like, do you want to compete against LeBron James or a fifth grade girl in basketball? The winner gets something amazing. Like you beat LeBron, you get a billion dollars. You beat the third grade girl, fifth grade girl, you get 30 grand a month. I I'd pl…”

“To be a startup founder, and to build a business to 10 K a month, a hundred K a month, 500 K a month, you don't need to be the best in the world. You're not competing against everyone else trying to do it, where there's only one winner, like being a heavyweigh…”

“Shark Tank, although it's, like, Totally, like, bogus in terms of, like, the entrepreneurship that they show. It's super accessible, and it gets people excited about the idea of entrepreneurship.”

“Kids say they want to become creators, but creators are becoming entrepreneurs. Entrepreneurship becomes the most popular profession.”

“I believe that AI is going to be the great equalizer for entrepreneurship, enabling more businesses to be created more cheaply than ever before, but it is also going to be the great de-equalizer, creating a massive barbell between businesses that fully embrace…”

“My hunch is that there's at least an order of magnitude more people who should be getting a shot at entrepreneurship every year who don't for reasons really related to capital access.”

“I always think of this maxim that repeats throughout the history of entrepreneurship, that you can always understand the son by the story of his father, the story of the father is embedded in the son.”

“There's a new pattern of entrepreneurship, which is, it's not build product, then build community and trust. It's build community and trust in a niche you care about, and then layer products on top.”

“And so I say to most people at this level of education and intelligence, like, there's no financial risk, there's only ego risk.”

“एंट्रेपरनर के पास जो पहली ट्रेनी होती है ग्रो करने की यहाँ पहली ट्रेनी होती है खुद को खपा देने की जो है वो भी दे देने की वहां पर मैं मेरा मेरी कमपनी या मेरा प्रोफिशन उसकी नमबर वन कैसे बने यहां होता है नेशन फर्स्ट”

“Going and getting a job at a business in order to learn how to run a business that doesn't really work. That's not actually what happens.”

“I get emails to this podcast about, you know, I have a good day job, and I'm making good money, but I really want to be an entrepreneur, but I just have a tough time getting motivated. And I think to myself, then you don't really want to be an entrepreneur.”

“Going to business school to become an entrepreneur is like reading a book about basketball history because you want to join the NBA. I agree.”

“When you start anything, when you have no skills, you're trying to accumulate all the skills at once. You don't know what you're doing. You have no clarity. And so you're just like throwing shit at a wall. You're probably like not taking care of yourself the b…”

“There's just, it's so hard to read the label from inside of the bottle, and one of the big mistakes I made as a young entrepreneur was feeling that leadership was me figuring it all out. That I needed to understand, I needed to portray this image that I knew i…”

“I think if you want to be an entrepreneur, part of being an entrepreneur is you have to get over the fear of being embarrassed. You know, it's like the best gift you can give yourself in anything, entrepreneur or not. Once you get over the fear of being embarr…”

“I hate the concept of it in entrepreneurship, you know, like for an, like a salaried worker, like sure, like balance should be, you know, something that you're thinking about, but in particular in sport or high performance careers or something that you're doin…”

“These are great businesses that will just keep growing, keep compounding. You could join them today as employee 500 and you will become a millionaire without doing any of the entrepreneurial stuff. If you could just identify the kind of like 10 companies a yea…”

“I didn't quit right away, which I think is a big mistake a lot of people do, because then I would have been operating from a place of scarcity the entire time.”

“That mission, that two-year mission, that's like amazing practice to becoming an entrepreneur. Because you're basically getting a hundred people a day telling you, no, I'm not interested in hearing your message.”

“Everybody tells you entrepreneurship is about freedom. They tell you it's about making money so much money that, you know, you want it to do with it, or they tell you it's about changing the world. And I think those are all lies. I mean, I think that the actua…”

“The emotional cost is bigger. I think day to day, over a decade, it's bigger than that financial cost.”

“Experience must be supplemented by study. No man's personal experience can be so inclusive as to warrant his disregarding the experience of others. You know, you say over and over again, you need to read over and over again the campaigns of Alexander, Hannibal…”

“I think going through life and thinking that everything you do is solely because of your effort and your presence here is ignoring the rules of nature. It's ignoring how incredibly lucky we are when living this mysterious life, right? So when you go through li…”

“Purpose is completely necessary to be able to fulfill the entrepreneurial journey in the correct way. It's not all about money. It's not all about fame. It's about the why you're doing things, and I think that why is hidden behind silence, reflection, ponderin…”

“Really that entrepreneurship is in many ways a personal journey disguised as a business pursuit. And what I mean by that is so much of it is managing your own psychology.”

“It is the inevitable terror parts, the parts where you're feeling discontented, where you're feeling down, where you're under unbelievable amounts of stress, which are the most dangerous because that is when you are prone to give up and to quit.”

“One of the main maxims of the history of entrepreneurship that you and I have gone over, over and over again, is that bad boys move in silence. When they find something that's working, when they find something that's lucrative, they shut up about it.”

“This is the number one competency in entrepreneurship that you have to be confident no matter what, but really you have no idea what's going to happen next.”

“The cost of failure is as close to zero as it's ever been, and it will continue to fall.”

“The first truth of entrepreneurship and investing is that the very big ideas are contrarian, because the contrarian is part of the reason why a bunch of large companies and competitors haven't already done it, why a bunch of other entrepreneurs haven't already…”

“I was talking to the first year batch of IIT Delhi students only one or two years back. I was giving a talk, and they were telling me something very interesting that in first year of college, they ran a poll of what students want to do when they graduate from …”

“We have tended to lionize what it means to be an entrepreneur, what it means to be a founder with very, very little discussion of the reality of it. And the fact that what we're lionizing represents way less than one percent. Of the situation, right? The so-ca…”

“And he instead convinced me that I shouldn't do that, that I should really, if I wanted to make a difference in the world, that I should become an entrepreneur.”