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Lecture 3: How to Start a Startup

297 点作者 bjenik超过 10 年前

24 条评论

pptr1超过 10 年前
PG made allot of valid points. It very useful to watch the video first.<p>However here is one additional counterintuitive point. Not all startups work hard. The good ones are focused and might not have all the answers but you at least know what your going to be doing. Some startups are just there, they don&#x27;t work consistent hours and spend allot of time doing fluff stuff and not productive stuff. Some startups are just there because it&#x27;s the cool thing now and they come in at 12:00pm and leave at 4:00 pm.<p>For reference I have worked few startups, some small companies and one very large company. I am currently working out of a co-working space. I see very few startups here working any type of consistent hours. I don&#x27;t mean 9-5 , I mean consistently being here and working no matter what hours they prefer, even though they are full time members of the space.<p>I can reference companies like Apple in which people are basically working as much as humanly possible[1]. Their work culture is actually more intense than allot of startups. Even at a small-medium company I worked at I would see executives up at 3am, even after they have been at work all day long.<p>[1] - <a href="http://9to5mac.com/2014/10/01/former-apple-managers-talk-of-the-247-work-culture-these-people-are-nuts/" rel="nofollow">http:&#x2F;&#x2F;9to5mac.com&#x2F;2014&#x2F;10&#x2F;01&#x2F;former-apple-managers-talk-of-...</a>
sbisker超过 10 年前
Am I the only person who ever found the course list for an MBA genuinely <i>interesting</i>? Like, intellectually so.<p>I get the general usefulness of advising undergraduates that MBAs are, in general, a bad idea for them. They&#x27;re certainly about as poor of a financial investment these days as a degree in English. But the hopeless idealist in me asks if it isn&#x27;t possible to get an MBA to actually try to theorize about customer behavior, economic structure, supply chains, what have you and build part of ones academic foundation around it? Or is it truly impossible to walk into today&#x27;s MBA programs wanting to study business as theoretical and societal constructs, without walking out a professional networker and middle manager?<p>All I know is, I never seem to get tired of reading HBS case studies. I&#x27;m always curious to learn how other people approached things and how the world worked then, in addition to how it works now. If anyone has a good community for embracing that sort of knowledge, I&#x27;m all ears.
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nxh超过 10 年前
The fact is most startups will fail[1]. If I fail and try again and again, statistically I will probably fail eventually. Therefore, most of us will end up working for other companies. Statistically again, there are a lot more employees in well established companies than startups so most of us will likely end up working for well established&#x2F;large organizations.<p>So my question is: does the experience, the knowledge I learn from startups helps me on my probably eventual job in an established company? Should I just go work for a large company right away so I can be good at what I will end up doing? It seems to be opposite to what PG said[2].<p>[1] <a href="http://online.wsj.com/news/articles/SB10000872396390443720204578004980476429190" rel="nofollow">http:&#x2F;&#x2F;online.wsj.com&#x2F;news&#x2F;articles&#x2F;SB1000087239639044372020...</a><p>[2] <a href="http://www.paulgraham.com/boss.html" rel="nofollow">http:&#x2F;&#x2F;www.paulgraham.com&#x2F;boss.html</a>
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subdane超过 10 年前
I like this little corner of the universe with YC funding redditcoin and giving free lectures from Stanford to the world.
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rfrey超过 10 年前
&quot;I have in my head more data [about starting a startup] than anybody else does... and you&#x27;re asking me questions a reporter would ask because they can&#x27;t think of anything interesting?&quot;<p>I was blushing down to my beltline for that guy.
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rileyjshaw超过 10 年前
Loved this quote:<p><i>...this is exacerbated by the existence of this term &quot;growth hacks&quot;... whenever you hear anybody talk about &quot;growth hacks&quot;, just mentally translate it... to &quot;bullshit&quot;.</i>
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mhartl超过 10 年前
I share pg&#x27;s distaste for the mouthful that is &quot;entrepreneurship&quot; (<a href="http://youtu.be/ii1jcLg-eIQ?t=30m35s" rel="nofollow">http:&#x2F;&#x2F;youtu.be&#x2F;ii1jcLg-eIQ?t=30m35s</a>). How about resurrecting the root, and using &quot;enterprise&quot; instead? Moving a language as big as English is a Brobdingnagian task, but few people are as well-positioned as pg to (re)introduce &quot;enterprise&quot; as a more economical alternative to &quot;entrepreneurship&quot;.
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ssqmm超过 10 年前
Interesting take on not starting a startup while in college. I&#x27;ve watched a lot of his lectures and didn&#x27;t see him state this before. Good point in thinking about the ideas and cultivating them before jumping the gun too early in life.
etrautmann超过 10 年前
Perhaps PG&#x27;s position on getting an MBA was previously well known to many. I found his comments regarding the orthogonality of business school and the process of <i>starting</i> a business to be refreshingly clear and straightforward.
oskarth超过 10 年前
I thought this answer was interesting:<p><i>&quot;I don&#x27;t think I&#x27;m very efficient. I have two ways of getting work done. One is like during YC, the way I worked at YC is I was forced to. I had to set the application deadline, and then people would apply, and then there were all these applications that I had to respond to by a certain time, so I had to read them, and I knew if I read them badly we would get bad startups, so I tried really hard to read them well. So I set up this situation that forced me to work.<p>The other kind of work I do is like writing essays, and I do that involuntarily. I&#x27;m like walking down the street and the essay starts writing itself in my head. And so really I either force myself to work on less exciting things, or I can&#x27;t help working on exciting things. I don&#x27;t have any useful techniques for making myself efficient. If you work on things you like, you don&#x27;t have to force yourself to be efficient.&quot;</i>
blergh123超过 10 年前
As someone who lives outside the US, what did PG mean when he was talking about Facebook starting as a Florida LLC and that &quot;even you guys know not to do that&quot; ?
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howradical超过 10 年前
Timestamped and summarized notes: <a href="https://timelined.com/how-to-start-a-startup/lecture-3-how-to-start-a-startup" rel="nofollow">https:&#x2F;&#x2F;timelined.com&#x2F;how-to-start-a-startup&#x2F;lecture-3-how-t...</a>
LukeWalsh超过 10 年前
My favorite quote:<p>&quot;Snapchat? What do I know about snapchat, we didn&#x27;t fund them. How about another question.&quot;
williamstein超过 10 年前
I found pg&#x27;s comments about &quot;podcasting businesses&quot; interesting, in light of this exciting podcast about creating a startup around podcasting: <a href="http://hearstartup.com/" rel="nofollow">http:&#x2F;&#x2F;hearstartup.com&#x2F;</a> --&quot;...supposed to be in the podcasting business, and you like podcasting business, do those words even grammatically go together? The answer turned out to be no as Evan discovered.&quot;
bramgg超过 10 年前
This talk is surprisingly entertaining.
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jonalmeida超过 10 年前
I really enjoyed this lecture and I found it hard to take down notes. Mainly because there&#x27;s more experience involved in this lecture, than &quot;note worthy&quot; information.<p>I&#x27;m not saying there&#x27;s something wrong with Sam&#x27;s lectures, but there&#x27;s a stark contrast between the two formats which makes me even more interested in seeing what the other speakers will bring.
bira超过 10 年前
Here you have some notes on the lecture.<p>By the way, we are a couple of italian friends building FlashUp, a platform for sharing notes on lectures, videos, books, panels so other people can enjoy the nitty-gritty without having to spend hours and hours glued to their screens.<p>Any feedback is appreciated.<p>---<p>NOTES:<p>--&gt; Startups are very counter-intuitive – if you trust and never question your intuition you will make mistakes<p>--&gt; LIST OF COUNTERINTUIVE STUFF TO REMEMBER WHEN BUILDING A STARTUP:<p>--&gt; Startups are so weird that you will make mistakes if you follow your instincts. That’s why at YC partners give advices to founders, to warn them about these counter-intuitive mistakes.<p>--&gt; Trust your instincts about people. A mistake founders often make is not trusting their instincts about people. In business pick people like you would pick friends.<p>--&gt; You don’t need expertise in startups to succeed in startups. What you need is expertise in your users.<p>Zuckemberg wasn’t an expert on startups but he knew his users and what they wanted.<p>--&gt; Another mistake founders is not making something people want first but “playing house”: they come up with a plausible idea, raise money, rent an nice office in SOMA and hire their friends to later figure they have no product. Why? Cause they have been trained to believe this is how you do it. They measure success by how much money they have raised.<p>--&gt; They are always looking for a trick: What’s the trick to raise capital? Start a startup that’s growing fast and let investors know about it What’s the trick to grow? Make something people want.<p>--&gt; Tricks and gaming the system doesn’t work in startups. There are no bosses to trick, only users to build good software for and make happy.<p>--&gt; Startups are time consuming: they will take over your life time in a way you can’t imagine now. If it’s successful it will take over your life time for several years. There is a cost opportunity here. It’s like having kids, it will change your life (kids are awesome – pg)<p>--&gt; What you really need to learn are your users’ needs. University can’t teach that.<p>--&gt; You can’t start a startup in college. If you do, you won’t be a student for long.<p>--&gt; DON’T START A STARTUP IN COLLEGE. There are things you can only do when you are 20, like backpacking around Thailand that people like Zuckemberg won’t ever be able to do. So wait.<p>--&gt; While you are in college, come up with an idea and meet your future founders, friends you love to spend time and work with.<p>--&gt; The way to get startup ideas is not to think about having good startups ideas: you’ll get bad and plausible ideas that will end up wasting your time.<p>--&gt; To have a good idea, take a step back and don’t even try.<p>--&gt; You can have them unconsciously if: - You learn a lot of things that matter - Work on problems that interest you with people you respect<p>--&gt; Be on the edge of some technology, live in the future: you will be able to spot good ideas where other won’t. They won’t look like startup ideas but they will look good, like a search engine for example.<p>--&gt; If you want to start a startup later in life, learn important things and be genuinely interested in them. You need domain expertise.<p>--&gt; Bottom line: IN COLLEGE JUST LEARN.<p>The question time part is missing. I&#x27;m sorry, it&#x27;s almost 2 o&#x27;clock in my zone. I just wanted to share some notes!<p>...<p>If you want to receive future lectures notes (more polished than these quick ones) in your inbox, sign up to <a href="http://joinflashup.com" rel="nofollow">http:&#x2F;&#x2F;joinflashup.com</a> - the first platform for sharing summaries and notes for startuppers, learning more saving time to actually get things done.
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giulianob超过 10 年前
I live outside of a town with a large tech culture. I often wonder if a large part of success is just being around the right community. So you are getting a lot of feedback and have real connections to gain information from. I wonder what the best way to find&#x2F;make a community like that in my area would be or if I am just out of luck and should be somewhere that already has a large tech culture. I am in South FL btw.
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rajensanghvi超过 10 年前
50 PG Quotes from the lecture all, 140 characters or less to make it easy for people to share.<p><a href="https://medium.com/how-to-start-a-startup/50-quotes-from-paul-graham-on-counterintuitive-parts-of-startups-and-how-to-have-ideas-4209154ff319" rel="nofollow">https:&#x2F;&#x2F;medium.com&#x2F;how-to-start-a-startup&#x2F;50-quotes-from-pau...</a><p>You can find more from Sam Altman and the rest of the lectures there as well.
jbhatab超过 10 年前
I don&#x27;t know if I&#x27;m alone on this one, but I thought his presentation was a bit scattered. Not taking away from him in any way, but his examples were not effectively backing up the points he was making.<p>You could even see him hesitating and questioning his own statements in his head a few times.
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ml10114超过 10 年前
Anywhere to get these lectures audio only?
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graycat超过 10 年前
Maybe I&#x27;m the only one here, but I was hoping for more in details, information, examples, and insight into how to find a good <i>idea</i> for a startup.<p>I really can see that from his experience in Silicon Valley PG gave a view of what he has actually seen in how startup <i>ideas</i> are or have been found. I have to respect most of what he said.<p>Still, from some of what he said, I have a tough time taking him literally: E.g., as I recall from the lecture, he indicated that early on Google was just a little thing, just a small interest, or some such.<p>However, also, as is well-known, even in the early days of Google even as just an <i>idea</i>, Internet search was already widely regarded as an important need and problem. Without checking dates, there was, what, Lycos and Yahoo!, maybe more?<p>Without means of search, the Internet was like being in the world&#x27;s biggest library with all the books, etc. just in a big pile. For libraries, the solution has long been the library card catalog, especially the subject index. So I have to suspect that, even in the beginnings of the idea for Google, the founders did understand that what they were working on was possibly important as a business.<p>Next, the lecture did mention that Ron Conway wrote Google an early check: I have to believe that Conway took the future of Google fully seriously.<p>From all I know, Facebook, Microsoft, Cisco, Intel, etc. all knew early on, at the beginning of the <i>idea</i> or not long after, that they were trying to make a successful business.<p>But the lecture seemed to be suggesting that at the start an <i>idea</i> is hardly more than a toy or curiosity.<p>Next there was,<p>&gt; The way to get startup ideas is not to think about having good startups ideas: you’ll get bad and plausible ideas that will end up wasting your time.<p>&gt; To have a good idea, take a step back and don’t even try.<p>While I can believe that PG has plenty of examples where startups followed this advice and were successful, still I&#x27;m shocked and have a tough time swallowing that this advice is the only way to be successful or that, in particular, always any effort to find a good <i>idea</i><p>&gt; will end up wasting your time.<p>Instead, I&#x27;d like to build on PG&#x27;s<p>&gt; What you really need to learn are your users’ needs.<p>Now I&#x27;m on board!<p>But then I want to go farther: Okay, not everyone has to go along with my next thinking, and here is some of why: First, there&#x27;s not just one way to &quot;skin a cat&quot; or be successful. Second, and something I regard as very important for successful startups, as we know too well, a really successful startup is rare, so rare that we have to suspect that, not all, but some of the most successful startups will be taking approaches that are new and with few or no examples from the past, say, 30 years in Silicon Valley venture funded startups.<p>Moreover, if a startup looks close to what has been tried, and even worked, before, then we have to be suspicions and question if that &quot;what&quot; should be tried again instead of something new.<p>But, broad strokes, aside, let&#x27;s try to be more definite:<p>Step (1) Need.<p>Assume we&#x27;ve seen some users&#x27; need. Suppose we use some judgment here and accept only a genuine need. Such a need might be, say, a safe, effective, cheap one pill taken once to cure any cancer. Yup, that&#x27;s definitely a need -- no question. We want a need so serious that we can be quite sure, e.g., the pill, that the first good or a much better solution will be a <i>must have</i> and not just a <i>nice to have</i>. So, we pick a need.<p>Now I narrow the scope: We want to exploit Moore&#x27;s law and the Internet and do have a need that, at least for its solution, is in <i>information technology</i>. One reason: Can send to the users just bits, and those sent just over the Internet.<p>Step (2) Solution.<p>With the need, we try to find the first good or a much better solution. If we fail, as we likely would for years on a cure for cancer, or, in information technology, a project were we needed an algorithm that shows that P = NP, we return to Step (1) and find another genuine need.<p>Step (3) How to<p>So, how can we find a solution?<p>Well, here&#x27;s my suggestion: Right, even with PG&#x27;s broad experience, the suggestion may so far never have been seen even by PG in Silicon Valley. So, in this sense we&#x27;re talking something new, and we keep in mind that we should not be reluctant to pursue something new since being new and different is from maybe good up to crucial for the rare, big successes in the future.<p>But for something new, we very much want some evidence of, say, <i>efficacy</i>, or will that dog hunt?<p>So, we have a problem, and we want a solution, in information technology, and a solution we have high confidence in, even before we start writing software. So, where can we find examples of doing that? Sure: The US DoD. They&#x27;ve been doing that with, comparatively, a great batting average for 70+ years, that is, finding solutions that well informed people can have high confidence in before starting implementation.<p>So, we have<p>Lesson 1: By example, it&#x27;s actually possible, and in the US DoD quite common, nearly standard, to find solutions that well informed people can have high confidence in before starting implementation.<p>Now, this lesson, and the fairly obvious DoD examples, e.g., the SR-71, were often quite expensive to implement. But, there is also<p>Lesson 2: The implementation work commonly was routine, that is, low risk, maybe expensive but, still, low risk.<p>More of my suggestion: It can be good, when we can, to convert the work of finding the solution to a mathematical problem where, if the math is correct, then we are quite sure the solution is correct and, quite likely, effective as a solution for the need.<p>Advantages here include: (A) The math has a good chance of being done just on paper by just one person, with very low &quot;burn rate&quot;. (B) The math is comparatively easy to check for correctness. (C) Since we have assumed that our startup is in information technology, a solution based on math has a big <i>natural</i> advantage; e.g., maybe the implementation is just software with no metal bending, team of thousands, big buildings, etc.<p>So (1)-(3) is my suggestion for insight into how to find a good <i>idea</i> for a startup.<p>So, where is this suggestion for finding a startup <i>idea</i> unclear, wrong?
kategleason超过 10 年前
this is amazing
guystorygami超过 10 年前
Made an interactive version of this lecture - with @paulg&#x27;s essay, reading material and recommended Job&#x27;s video embedded: <a href="http://storygami.co/htsas-lec-1/" rel="nofollow">http:&#x2F;&#x2F;storygami.co&#x2F;htsas-lec-1&#x2F;</a>