yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Paul Buchheit: What traits do startups need to succeed?


less than 1m read
·Nov 3, 2024

I think like focus is one of the most important things because like as a start-up, it's actually I think your most powerful weapon. Right? Like the reason that you're able to take on like these big companies or areas is because they're doing a thousand different things. Right? And so the only way you can win is if you take everything you have and you focus it at one point. Right? Because you are underpowered in every way versus these other companies.

So the one thing you do have that they don't have is you can be like absolutely 100% focused on the thing that you're doing. And that was like, you know, with Google, that was part of the reason that we won at search was I was all we were focused on like early on. Right? And you became the best in the world at it. Like, thank you versus like everyone else's ago we want to be a portal.

Right? We need all this other. So like that, that's really key. Frugality I think is also really essential. I think like one of the best indicators of if you're doing it right is essentially your input to output ratio. So you want to do more with less. Unfortunately, most startups do less with more.

So like you give them money and they just burn it up and there's like no results. So like being able to produce a lot of outputs with a minimum amount looks like amplify time and money. Right? You.

More Articles

View All
Day 1: Remodeling has begun! They’ve started tearing out walls!
What’s up you guys? It’s Graham here. So, so many people have asked me for update videos about the whole remodeling process and all the work I’m going to be doing, so this is that video. Now, I realized I’m wearing the same shirt as the last time I filme…
DON'T TRUST THE STOCK MARKET | WHAT YOU MUST KNOW!
What’s up guys, it’s Graham here. So it’s official: as of May 26, the S&P 500 did something that very few people would have ever expected to happen a few months ago. It crossed above the very important psychological threshold of—wait for it—3,000. Tha…
Creativity break: Why is creativity important in STEM jobs? | Algebra 1 | Khan Academy
I think my idea of how creativity works and STEM jobs has changed since I’ve gotten to college. Like, I used to think that all the mathematicians would be just locked away in some office and like typing on their computers or writing down equations by them…
Economic profit for a monopoly | Microeconomics | Khan Academy
In this video, we’re going to think about the economic profit of a monopoly firm. To do that, we’re going to draw our standard price and quantity axes. So, that’s quantity and this is price, and this is going to of course be in dollars. We can first thin…
Held at gunpoint while selling a private jet!
The first jet I ever sold in my life, I was held at gunpoint three feet away from me. It’s a long story. The first time I saw the jet, I was 23 years old. I flew to America, to North Carolina. We were signing a deal with the Venezuelan buyer. He had two …
The internet weirdo to creator of new industries pipeline
When you are part of the history being made and you’re this early on The Cutting Edge of a new tech coming out, you can’t expect your university, no, or your teachers, or people in your community, or your peers to teach you about it. It’s only basically w…