Founders

#41 The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

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Sinopse

What I learned from reading The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz.---Subscribe to listen to Founders Premium — Subscribers can listen to Ask Me Anything (AMA) episodes and every bonus episode. ---There's no recipe for complicated, dynamic situations [0:01]Meeting Marc Andreessen [8:30]The co-founder relationship between Marc and Ben [11:00]How they came up with the idea for Loudcloud (Opsware) / A business is just an idea that will make someone's life better. —Richard Branson [13:45]Ben finds value by asking the question: What would I do if we went bankrupt? [21:05]Sell the wrong product to find the right one [22:30]Saving a $20 million a year customer by buying a $10 million company [23:16]Do not play the odds [27:27]Discount praise. Focus on what can be fixed [28:32]Why training is so important (compounding effect) [31:20]Difference between large company executives and founders [32:00]Why it is a good idea to collect good ideas [34:00]Determinat