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COLLECTIVELY Discussing And Debating Thoughts/Theories/Philosophies on such topics as:
STARTUPS/ENTREPRENEURSHIP (below) | RELATIONSHIPS | POP-CULTURE | NEWS | SPORTS | MISCELLANEOUS
Startups/Entrepreneurship -
10 Problems/Pitfalls to Discuss/Debate:
1:
2:
3:
4:
5A:
Problems/Pitfalls from LABELS & DEFINITIONS
— ReThinkingStartups.com / ReThinkingWhatever.com (@StartupWhatever) January 28, 2020
What IS a STARTUP?
ICE CUBES & the PACIFIC OCEAN are both "water"...
BUT, to continue a bad mixed-metaphor:
ICE CUBES should NOT follow the same advice, blogs, podcasts, or "best practices" intended for OCEANS!https://t.co/d8FDHbw6In
Labels/Definitions Problems (Pt 2)
— ReThinkingStartups.com / ReThinkingWhatever.com (@StartupWhatever) January 28, 2020
What IS an ENTREPRENEUR??
And could the confusion around this definition be contributing to a lack of #ComplementaryCoFounders??
AND unnecessarily keeping potentially-GREAT entrepreneurs AWAY from startup communities???https://t.co/mEbuui82iJ
5B:
Ask us why we HATE motivators like "NEVER GIVE UP!" & "WINNERS NEVER QUIT!"
— ReThinkingStartups.com / ReThinkingWhatever.com (@StartupWhatever) January 28, 2020
Spoiler Alert:
It's GREAT MOTIVATIONAL ADVICE FOR ATHLETES - when "Never" = Hours/Minutes/Seconds.
It's IRRESPONSIBLE & DANGEROUS ADVICE FOR FOUNDERS - when "Never" = FOREVER!?!https://t.co/InLQQx5h6c
6:
7:
8A:
Successful Founders are often characterized as “RISK-TAKERS!”
— ReThinkingStartups.com / ReThinkingWhatever.com (@StartupWhatever) January 28, 2020
It's become an entrepreneurial badge of honor - the greater the initial risk, the cooler the retrospective success story!
BUT, WAIT!
What about the ~99% where the BIG RISK led to BIG FAILURE!?#CorrelationOrCausation
8B:
RISK: To Celebrate or Mitigate?
— ReThinkingStartups.com / ReThinkingWhatever.com (@StartupWhatever) January 28, 2020
We love "BIG RISK / BIG REWARD" Success Stories;
But, is the Success really BECAUSE of the Risk?
How would you even know if ~99% of similar BIG RISKS led to FAILURE?
Loud/Public Successes
+
Quiet/Private Failures
=
Causation/Correlation Confusion!
8c:
Spoiler: There's NO "Right" Way!
— ReThinkingStartups.com / ReThinkingWhatever.com (@StartupWhatever) January 28, 2020
I love using this example:@Tferriss (4-Hour Work Week)
vs.@GaryVee (Hustle, Grind, Eat Shit)
Both SUPER-successful, HUGE followings, GREAT wisdom to share;
BUT, at their core, aren't they LITERALLY preaching polar OPPOSITE approaches?! pic.twitter.com/OGuEgG71ye