Does being a psychopath help you start a company?

I recently wrote about how being a jerk isn’t the best way to maintain high standards: Yet this isn’t to say that bad behavior is always detrimental to starting a company. Indeed, given the odds, some level of delusion is a necessity for entrepreneurs–after all, only 6 out of every 1,000 entrepreneurs who seek angel … Continue reading Does being a psychopath help you start a company?

In Praise of Capital Efficiency: How Being A Cheap Bastard Leads To Startup Success

Whenever a boom comes around, I read articles about how it’s dangerous to be too cheap and too cautious. One saying I learned during the last boom was “You can’t save your way to prosperity.” Maybe. But as you start to hear the siren song of profligacy (last time, we called it “Get Big Fast”), … Continue reading In Praise of Capital Efficiency: How Being A Cheap Bastard Leads To Startup Success

Pick Your Battle(field)s

Entrepreneurial success is less about picking your battles than it is about picking your battlefields. Amateurs focus on tactics–working around the clock, hard-selling, flooding the world with business cards. The truth is that most battles are won or lost before the opposing forces take the field. During the Second Punic War, Hannibal beat the Roman … Continue reading Pick Your Battle(field)s