Great video on start-ups and keeping things in perspective

[Vagabond]

http://omnisio.com/startupschool08/david-heinemeier-hansson-at-startup-school-08


btw.. i like the software that shows the slides on the left and the video on the right.. its cool..

[padma]

cool video, I like his sense of humor.

[Sven]

Very nice, thanks for posting!

[Vagabond]

No prob, I was in a rush yesterday when I posted but wanted to mention a few of the things I liked specifcially...

He had a few of the 4HWW principles in there:

- In response to that one guy's question - DON'T WORK 14 HOURS A DAY! No one is productive for that length of time. Shorten the amount of time you have allocated and it will force you to stay focused. Despite my massive ADD this does work pretty well for me..

- Don't try to be the next Google or YouTube. I like how he goes into the odds a little bit and that how I've been framing my business in my mind. If I was trying to become the next Gatorade or Vitamin Water the odds are probably worse than 1:1,000,000 and I would likely fail in my business. But having more humble goals and willing to be happy with making $100,000/yr then maybe your odds are 1:10. This is pretty much aligned with Tim's TMI. Know why you are seeking a certain amount of money - what is the end goal? You can probably accomplish it with $100,000/yr. I live in Manhattan and I could live comfortably on $100k/yr so this would hold up in most other places in the country and around the world.

[Sven]

Indeed. This video is an essential "read" for 4hww-ers!

[DrifterInc]

VagaBond, reread the chapter where he explained to students that lofty goals are easier ones... I can tell you getting the 10's is way easier then the 8's... aim high, because no one else does. With a product sales are done through marketing - if you have the right people working for you then the marketing thing will come easier.

REMEMBER the ThighMaster...

$100,000.00 is a good goal, so I'm not knocking it... I just don't want to see you limit yourself to money goals...