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How not to sink a start-up: Manage money well

How not to sink a start-up: Manage money well

Monday we saw that start-ups make the mistake of not talking to customers, today we’ll move on to the second mistake I shared in: 28…
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How not to sink a start-up: Know your customers.

How not to sink a start-up: Know your customers.

Who are your customer? Do you know? You should.
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Start-ups can go too fast

Start-ups can go too fast

In my research on failed start-ups, one consistent way start-ups failed was by choosing the wrong technology. In the book, I compared the…
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Survivor Bias IRL

Survivor Bias IRL

My Survivor Bias project has been interesting to research and while the emotional weight surprised me, it’s been mostly an intellectual…
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Low Overhead

Thesis: If you keep your overhead low, you get more opportunities to win big.

Low overhead is a chance for optionality. We saw this before, but if you missed it optionality is:

  • When William Teschhumeh Sherman marched on Savannah he never committed to any…
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9 ways a pie maker got her strategy right that any startup can apply.

In my attempt to learn from on failed startups I found that startups fail for some…

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Planes, Players, and Mutual Funds

This post was also on my blog TheWaitersPad.com

My project on Survivor Bias is an attempt to answer the question: “What can we learn from dead startups?”

This inversion is something both Tren Griffin and Charlie Munger use as a way to solve…

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Update #2

Alright alright alright, version 1.0 is done. I’m writing a book, not code, but I like configuring my drafts in software nomenclature because it makes writing feel more iterative. (I think it was Jamie Todd Rubin that introduced this to me, thanks Jamie!)

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Update #1

This originally went out via Mailchimp on 2/7

Wow. What a deluge of information. I’ve now read about sixty postmortems. Some were a few paragraphs and others were thousands of words. It was a lot.

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Richard Feynman, failed startups, and hiking trails.

This post is part of my survivor bias in startups post. You can follow along here.

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Be emotionally strong

If you want to get the email updates and ebook, you can sign up here.

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