why aren't all 11 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Insight
Disproportionate success requires obsession because competitors are obsessed
“Yeah, I mean, I think if you want to do anything big, you have to be obsessed, because if not, you're competing with somebody who is. And, you know, it's completely okay not to be obsessed. I mean, there's, and not to be super driven, or, like, there's no Ther…”
Insight
Founders must personally build operating systems for novel businesses
“You as an entrepreneur have to really understand your business if you want to be able to scale and do anything big. And it's almost impossible, in my opinion, especially when you're smaller, to hire somebody that That's going to build the systems that you need…”
Insight
Competitors outsourcing core functions will struggle against hands-on founders
“I think the fact that I understand our finance function, I understand our marketing function. I understand our manufacturing and operations function. I understand our shipping function. All with a great level of detail puts me in a position that if you want to…”
Insight
Companies should hire for proven problem-solving over aspirational potential
“I think that I've made the mistake historically of hiring aspirationally when I think that you're much better off, or at least I'm much better off, Hiring somebody that's already solved the problem that I've already noticed I need to solve.”
Insight
Companies must fire high performers who violate core values
“If you have somebody that maybe is a high performer, but is clearly not consistent with your values, you have to be willing to part ways with them, even if that's going to be tough for a while for your company.”
Insight
Converting Amazon shoppers to direct DTC is a fool's errand
“Early on, I would spend some time thinking about that, and honestly, I realized, at least in our case, and maybe everybody's different, it's a fool's errand. I mean, it's like there's a reason why customers choose to buy on Amazon.”
Insight
Working for others prevents building true entrepreneurial confidence
“When you're working for somebody else or relying on other people to
You know, pay you or validate you that you never really get the confidence that you can build as an entrepreneur when you're kind of out there making things happen on your own.”
Insight
Unearned wealth traps people in a fearful scarcity mindset
“When people get money that they maybe didn't deserve or they didn't earn, then they're forever living in a scarcity mindset because they're afraid of losing it. Because if you have something that you covet that you have no way of getting back if you lose it, t…”
Insight
Overcome lifestyle creep by adding value, not cutting expenses
“To me, the answer isn't living a lower lifestyle in those cases. The answer is going out and figuring out a way to add value to be able to deserve that lifestyle.”
Insight
Truly successful people rely on obsession, not willpower
“Willpower is not a strategy. You know, that's why, kind of going back to your obsession point, the people that I think are really successful are obsessed, because when you're obsessed with something, you're not, like, you don't need willpower, because it's jus…”
Insight
Business success evolves rather than following a master plan
“Well, I think that people like to look back and, you know, kind of idolize and act as if there's, you know, there was a plan, it was a plan all along, when oftentimes it's you know, evolution of skills and an evolution of your thinking.”