Table of contents

Child pages

"The qualities that made for success in a fighter-pilot seemed to be just those sturdy qualities that made for success in other professions; observation, initiative, determination, courage, including the courage to run away. In course of time it appeared that men who had a private axe to grind beyond the public axe of the King's enemies were especially successful."

- Jim Bailey, The Sky Suspended

  

"If your standards are low, you're going to stop pretty early on in the process."

- Aimee Mann (rock singer)


I should think of ways to practice each of these characteristics.




Quora


What are some of the habits entrepreneurs have that other people don't?
http://www.quora.com/What-are-some-of-t ... eople-dont

What is your story of meeting any person in Forbes list of world billionaires?
http://www.quora.com/What-is-your-story ... llionaires


Dropping out



An interest in fast cars

 

An interest in mathematics / good with numbers



Counter-examples:


A thick skin


Be frugal / stingy

Elon: So we had just an absurdly tiny burn rate. And we also had a really tiny revenue screen. But we actually had more revenue than we had expenses. So when we went and talked to VP's we could actually say we had positive cash flow. That helps, I think.
[...]
[One] lesson [is], spend very little money. That was a case where I had very little money, so there really wasn’t any choice. I only had a few thousand dollars. And then my brother came down and he had several thousand dollars. We just rented an office for $400 or $500 a month — some really tiny little office in Palo Alto. [It] was cheaper than an apartment. And then [we] bought futons that converted into a couch, which was sort of like a meeting area during the day. We would sleep there at night and shower at the YMCA, which was just a few blocks away. That was [an] extremely low burn rate. [It was] way cheaper than a garage. Garages are … expensive. So we were able to … putter along for several months until we got venture funding. I think that’s a good lesson…. When you are first starting out you really need to make your burn-rate ridiculously tiny. Don’t spend more than you are sure you have.

 

Being "a bit of a shit" / Callousness



How to Practice:

Counter-examples:


Being adopted / an orphan

 

 

Being comfortable taking calculated risks

So there I was at Berkeley, living in my little dorm room on the first floor of Norton Hall, my best school year ever. I could mesmerize an audience of kids with tales from this article and what Steve Jobs and I had been trying to do. I started gaining a reputation as the dorm’s “phone phreak,” which was fitting. Because one day I explored our dorm and found an unlocked telephone wire access box for our floor. I saw enough phone wires going up to the higher floors— there were a total of eight floors of dorm rooms, including my own above the common area— and I tapped pairs of wire and connected handsets to them. The idea was to determine for a fact which lines were the ones going to which dorm rooms. So I ended up being able to play around and find any particular phone line I wanted to.
[...]
...the twenty pounds of saltines I’d swiped from the cafeteria by stuffing a few packets in my pockets at every meal. [iWOZ]
[...]
I did like to use the Blue Box to see how far it could get me. For instance, I would make a call to an operator and pretend I was a New York operator trying to extend the lines for phase measurements, and she would connect me to London. Then I’d talk that operator into connecting me to Tokyo . I would go around the world like this sometimes three times or more. And by this time I got great at sounding official, or doing accents, all to fool operators around the world. I remember one very, very late night in the dorm when I decided to call the pope. Why the pope? I don’t know. Why not? So I started by using the Blue Box to call Italy Inward (country code 121), then I asked for Rome Inward, and then I got to the Vatican and in this heavy accent I announced I was Henry Kissinger calling on behalf of President Nixon. I said, “Ve are at de summit meeting in Moscow, and ve need to talk to de pope.” [iWOZ]
[...]
For ages and ages, I always told people how I was the ethical phone phreak who always paid for my own calls and was just exploring the system. And that was true. I used to get huge phone bills, even though I had my Blue Box that would’ve let me make any call for free. But one day Steve Jobs came alone and said, “Hey, let’s sell these.” So by selling them to others we really were getting the technology out to people who were using it to call their girlfriends and the like and save money on phone calls. So looking back, I guess that, yes, I aided and abetted that crime. We had a pretty interesting way of selling them. What we would do is Steve and I would find groups of people in various dorms at Berkeley to sell them to. I was always the ring-leader, which was really unusual for me. I was the one who did all the talking. You know, I thought I’d be so famous doing this, but it’s funny, I didn’t know you had to talk to a reporter to get your phone phreak handle (mine was Berkeley Blue) in articles. Anyway, the way we did it was just by knocking on doors. How do you know you’re not walking up to somebody who’s going to turn you in? Someone who might see it as a crime?

Well, we’d knock on a door (usually a door in a male dorm) and ask for someone nonexistent like, “Is Charlie Johnson there?” And they’d say, “Who’s Charlie Johnson?” And I’d say, “You know , the guy that makes all the free phone calls.” If they sort of seemed cool— and you could tell by their face if they wanted to talk about such a thing as illegal free phone calls— I’d add, “You know, he has the Blue Boxes?” Sometimes they might say, “Oh my god , I’ve heard about those things.” And if they sounded really cool enough, and every once in a while they did, then one of us pulled a Blue Box out of our pockets. They’d say something like, “Wow! Is that what they look like? Is that real?” And that’s how we knew we had the right guy and he wouldn’t turn us in. Then one of us would say, “Tell you what, we’ll come back at 7 p.m. tonight; have everyone you know who knows someone in a foreign country here and we’ll give you a demo.” And we’d come back at 7 p.m. We’d run a wire across their dorm room and we’d hook it up to the tape recorder. That way, everything was tape-recorded— every single sale we ever did was tape-recorded. Just to play it safe. We made a little money selling Blue Boxes. It was enough at the time. Originally I would buy the parts to hand-build one for $ 80. The distributor in Mountain View where I got the chips (no electronics stores sold chips) charged a ton for small quantities. We eventually made a printed circuit board and, making ten or twenty at a time, got the cost down to maybe $ 40. We sold them for $ 150 and split the revenue. So it was a pretty good business proposition except for one thing. Blue Boxes were illegal, and we were always worried about getting caught. [iWOZ]
[...]
In twelfth grade he built an electronic metronome— one of those tick-tick-tick devices that keep time in music class— and realized it sounded like a bomb . So he took the labels off some big batteries, taped them together, and put it in a school locker; he rigged it to start ticking faster when the locker opened. Later that day he got called to the principal’s office. He thought it was because he had won, yet again, the school’s top math prize. Instead he was confronted by the police . The principal had been summoned when the device was found, bravely ran onto the football field clutching it to his chest, and pulled the wires off. Woz tried and failed to suppress his laughter. He actually got sent to the juvenile detention center, where he spent the night. It was a memorable experience. He taught the other prisoners how to disconnect the wires leading to the ceiling fans and connect them to the [Isaacson - Steve Jobs]
One day Steve Jobs called me and said that Captain Crunch had actually done an interview on the Los Gatos radio station KTAO. I said, “Oh my god, I wonder if there’s any way to get in touch with him.” Steve said he’d already left a message at the station but Captain Crunch hadn’t called back. [iWOZ]
[...]
How could some random friend from high school know who Captain Crunch was? I said, “What?”“Oh yeah,” he said, “I know who he is. His real name is John Draper and he works at a radio station, KKUP in Cupertino.” The next weekend, I was sitting with Steve at his house and told him what I’d found out. Steve immediately called the station and asked the guy who answered , “Is John Draper there?” He didn’t even say Captain Crunch. [iWOZ]
[...]

 

 Being cut off from other normal activities as a child

 


Bluffing / lying

The cop asked me what it was. I was not about to say, “Oh, this is a Blue Box for making free telephone calls.” So for some reason I said it was an electronic music synthesizer. The Moog synthesizer actually had just come out, so this was a good phrase to use. I pushed a couple of the Blue Box buttons to demonstrate the tones. This was pretty rare, as even touch-tone phones were still kind of rare in this part of the country then. The cop then asked what the orange button was for. (It was actually the button that sounded the nice pure 2,600 Hz tone to seize a phone line.) Steve told the cop that the orange button was for “calibration.” Ha!

A second cop approached. I guess he had stayed back in the police car at first. He took the Blue Box from the first cop. This device was clearly their point of interest, and surely they knew what it was, having been called by the phone operator. The second cop asked what it was. I said it was an electronic music synthesizer. He also asked what the orange button was for, and Steve again said that it was for calibration. We were two scared young cold and shivering boys by this time. Well, at least Steve was shivering. I had a coat. The second cop was looking at the Blue Box from all angles. He asked how it worked and Steve said that it was computer-controlled . He looked at it some more, from every angle, and asked where the computer plugged in. Steve said that “it connected inside.”




Cold-contacting very successful people

The step-by-step process

Examples

 


Competitiveness / aggressiveness


How to become more competitive


Connecting with people who are further ahead than they are, but are not yet super-successful; connecting with rising stars / potential-rising-stars


Ease into big bets

Examples of me doing this

Examples


Experience successfully developing and selling a product



Fast decisions / a sense of urgency / getting things done quickly / efficiently

Related pages





Get management experience



Have some early success that builds confidence and competence


Having a difficult / challenging childhood / difficult early experiences that build character


Having a method of saving and organizing ideas


Having a thought-out plan when that is necessary

2015.11.19 - The Verge - The Hobbit movies were awful, and now we know why

 

Investing money in the stock market at an early age

  • Warren Buffett
  • Elon Musk
    • "I also did a little bit of stock market stuff when I was about 15 or 16. I actually did pretty well just making bets on some stocks in South Africa. But I just made a few bets that did pretty well. I tripled my initial tiny stake and then that stopped because I just didn’t like it."

Listen to users / try a bunch of things

 

Not having a wife / kid / mortgage / other responsibilities

Parents who are already good at the field

 

Persistence / Backbone / Commitment / Tenaciousness / Determination / Conviction / Self-confidence

Related pages








Amazon's 14 Leadership Principles

Leaders are obligated to respectfully challenge decisions when they disagree, even when doing so is uncomfortable or exhausting. Leaders have conviction and are tenacious. They do not compromise for the sake of social cohesion. Once a decision is determined, they commit wholly.



Mountaineers




One of the most important elements, that we had to learn during our fundraising process was the concept of “Ratio thinking”. Jim Rohn, the famous motivational speaker, probably explained it best:
“If you do something often enough, you’ll get a ratio of results. Anyone can create this ratio.”
It sounded simple enough as a concept to us, but man, this was one of the toughest things to learn. Here is how Joel described it in a recent article on ratio thinking:
“The law of averages really comes into play with raising investment. Overall, we probably attempted to get in contact with somewhere around 200 investors. Of those, we perhaps had meetings with about 50. In the end, we closed a $450k seed round from 18 investors. Perhaps the most important part of our success in closing that round was that Leo and I would sit down in coffee shops together and encourage each other to keep pushing forward, to send that next email asking for an intro or a meeting. In many ways, the law of averages is the perfect argument that persistence is a crucial trait of a founder.
I believe that this is in fact one of the most valuable things to know up front. It requires a huge volume of work and meetings.


Books



Poker / Bridge

Read a lot

Stamina / Working longer hours than others (80-100 hrs/wk, or 11-14 hrs/day, every day)

 

Take things apart / understand how things work

Skipping grades

Thinking differently from most people

2010.10 - Wired - Interview with Aubrey de Grey

Wired.com: I’m glad you brought up the differences between scientists and technologists. At age 30, you switched fields from artificial intelligence to biology. It’s been said people who switch fields at relatively late stages in their careers tend to do particularly inventive work. Why is that, and what from your previous scholarship did you bring to gerontology?

de Grey: First of all, research is a very transferable skill. If you’ve learned how to work on really hard problems, you can apply that to a different domain very easily. But the biggest handicap in research is an ability to think outside the box. The handicap is being encumbered by all the conventional wisdom in a given field.

I came in having made — albeit unpublished but nevertheless very significant — inroads in software verification. So I had a suitably high opinion of my own abilities to research. Second, I was aware of this general trend in science of new people coming in, so I felt confident I had a good chance of making a contribution. Third, from the beginning my goal was not to become an experimentalist with a lab, but a generalist surveying the literature and coming up with syntheses from disparate areas.

Through my wife, who taught me biology, I was very much aware that “theoreticians” or generalists are almost non-existent in biology. Unlike physics, where you’ve got whole departments of theoreticians trying to bring ideas together from disparate areas, and pacing up and down and talking to themselves and not doing experiments … in biology, that’s virtually unknown.

And to the extent it is known, it’s given very little respect, because it’s awfully easy to do incredibly bad theoretical biology just by going out and identifying some interesting problem and reading maybe 10 percent of the relevant literature and coming out with some gloriously economical hypothesis and rushing into print without actually bothering to read the other 90 percent. This happens a hell of a lot.

But the thing is, a small coterie of theoreticians in biology who do take care have a rather high hit rate. If you look at winners of the Nobel Prize in biology, you’ll find a fair smattering of people who don’t know how to work a pipette.