The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Cohen: Tech startup equity is a lottery ticket destined to lose
“Equity in, in startup land for your little dinky web you know, startup and whatnot, even if you raise fifty million or whatever it is, is a lottery ticket. You're going to win or you're going to lose. You're 99.999999% going to lose. It's worth less than toile…”
Cohen: OpenAI killed document wrapper startups by launching native PDF chat
“I mean, open AI, for example, right now, now allows you to upload a PDF file, right? Those are the upload PDF and talk to it. How many startups did that just kill? Startups and businesses, right? There are so many that came up and said, Ooh, we're going to par…”
Cohen: Amazon copies third-party products to undercut sellers out of business
“They just undercut the seller completely run them out of business because they sell it at way cheaper and ship it much faster and that for, and probably manufactured better.”
Cohen: Entrepreneurs Do Not Belong in Corporate Environments
“Entrepreneurs do not belong in a corporate environment. It is completely illogical to have an entrepreneur, creative, free thinker in, in, in an army of drones that have no soul, right? They just, you know, they shuffle around doing their job and they don't th…”
Cohen: Early-stage startups need only developers and founders, not managers
“Cause startups don't need like a leadership hierarchy at the beginning. You don't need directors and managers and whatnot. You need developers and then you need the founders. That's it.”
Cohen: Service businesses must break even within their first year
“Service businesses have to be profitable within their first year. They must be otherwise, or at least break even at the very least break even, right?”
Cohen: Custom dev agencies act predatorily to inflate billable hours
“You're going to hire, you want to hire a custom dev agency. I used to be one. I know how, how predatory they can be right in order to raise their billable hours. And they're not, and I know how they're not going to give you the best advice. And they're never g…”
Cohen: Never Work in the Adult Entertainment Industry
“Disgusting business. Never work for those businesses. I, I'm serious. Never work for the porn industry. It's disgusting.”
Cohen: Clients care about operational risk, not technical details
“Translate technology, sorry, business requirements to technical requirements and technical issues to business speak, because nobody wants to know, you know, when you go to the garage, you don't really care if that specific piece in the car is broken. Will the …”
Cohen: Productizing consulting services into flat-fee models makes selling easier
“If you can productize your service and add a, and make it into a flat fee model, it's so easy to sell.”
Cohen: Tripling a plumber's hourly rate generated more customer leads
“They did it for a plumber, just a plumber, right? They tripled his rate and the variant with the three times the price, the hourly rate, Got more leads than the one that was cheaper, the cheapest, because people respected the higher cost.”
Cohen: A Founder's Core Duty Is Preparing for Worst-Case Scenarios
“Your boss, your job as a boss, as a founder is to keep the lights on. Right. And always see the worst of what might happen. Right. Predict what the worst part will be.”
Cohen: His fractional CTO firm generated nearly $500,000 in six months
“My fractional CTO business. I must have generated something like close to 500 K and in the first six months, right? Not the first six months, the last six months. The first six months I made no money because I was, you know, small contracts here and there unti…”