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    Barrier to Entry too High?

    Let me add a bit more. Based on my experience from a few tech startups including one successful exit (acquisition) and several failures, (1) nobody will steal your idea. You can walk into Google or Bank of America and they won't listen. You can buy Facebook ads explaining your idea, and nobody...
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    Barrier to Entry too High?

    Just find two cofounders, one with expertise in software and another one with expertise in hardware, and each own 1/3 of the company. Granted, it is very hard, because you need to find qualified people whom you also trust, who trust you and will believe in your idea enough; particularly the...
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    tips on how to overcome shyness

    HOT! MINDSET 
    The problem with most advice of this kind is that it comes from people who were at, say, 5/10 and were able to push themselves to 7/10, and think they overcame shyness. There are two problems here: * most people saying "just try X, it has helped me" were not that bad and have no clue, how bad...
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    Girlfriend pregnant on execution

    HOT! 
    My take is, make a decision: - if you want to raise a child with her, embrace it. - if you don't, tell her. Tell her that you don't want a child, that she will be a single mother and whatever else you can come up with. She may just choose to do an abortion or to find another dude. If that works...
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    Do you think a mentor should charge for his knowledge or give it for free?

    HOT! 
    This is nonsense, sorry: if you don't do one-on-one coaching, you cannot become or stay a great coach. (There are exceptions in the sports, but you'll understand what I am trying to say.) You need the experience of working with the same person for many years, seeing the effect of your coaching...
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    Do you think a mentor should charge for his knowledge or give it for free?

    HOT! 
    What a ridiculous question! Of course they should charge. Should musicians charge for playing music? How about painters, should they just paint for free? How about high school teachers? Of course, a mentor should charge for mentorship. I cannot see, on what basis would one suggest that...
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    Ongoing List of Life Hacks: Save Time and Money

    MINDSET 
    Funny, I had the same experience: I was using my time in what I thought was productive and refused to compromise. When I was 40k in credit card debt, one thing worked out, and suddenly -40k became +40k. Admittedly, had it not worked out, bystanders could've argued about me being so...
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    Working a 10-hour day once a week increases stroke risk by nearly a third, study finds

    HEALTH 
    It's an associational study. As always, correlation does not imply causation. For example, people who need to work long hours may be financially stressed. Also, they have used a self-administered questionnaire. Do you think people are very accurate about reporting their working hours for the...
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    Approaching grueling tasks is my mindset the problem?

    Regarding writing specifically, there is a cute little book "How to write a lot" by Paul Silvia. The book can be summarized as "you must schedule writing on your calendar, and nothing else in the entire world will help you", but it's worth reading just for its witty style.
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    Approaching grueling tasks is my mindset the problem?

    It's just your emotions. Your unconscious mind does not expect any rewards so it does not want you to suffer. It will change over time, after you get enough success out of it. Until it happens you will have to push yourself and go against your emotions. Use leverage if needed, such as being held...
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    I cant even give them away!...

    HOT! MINDSET 
    I used to do street sales and sell tickets to a particular entertainment event. We used to sell the tickets for as much as $20 or more. It was not possible to give them away, however; we have tried: it killed the perceived value. I have also tried giving cash away as a social experiment...
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    Unpopular Opinion: "Give Value for Free" is Bullshit More Often Than Not

    NOTABLE! MINDSET FTE 
    At one point I taught social dance (Argentine Tango) for a new studio. The studio used promotions on living social heavily and attracted lots of bargain-hunters. On the surface it was successful, as the owner was able to keep renting three huge studios at a prime location in New York City...
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    My first experience with MLM

    Do you want to become this kind of a person? Ethics aside, does he even have the lifestyle you want? Consider that this guy spent an hour talking to you at Starbucks. Do you want to be there 15 years later? Spending 1 hour on a potential downstream member with no current skills and no idea...
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    Judge My Idea: Brain Training App - Memory Training

    IDEA 
    First, there is something called "eidetics" and I had a book on it when I was a kid, so it's hardly new (Eidetics as brain training: forgotten and renewed!). Right now I've quickly googled a Russian school that has been around for two decades (Курсы скорочтения и развития памяти в Москве. Школа...
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    When you feel like life is not fair

    PEOPLE 
    The most inspiring story of this kind I know of is "The man with a shattered world" by Alexander Luria. Or perhaps the most painful one; I have tears every time I read a small piece of it. Luria was a Soviet psychologist. He worked with this patient, Lev Zasetsky, for more than two decades. The...
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    Vote Now, Next Book Discussion August

    VOTE NOW! 
    Here are my recommendations, (1) "The Inner Game of Tennis" by Timothy Gallwey (1972). The book presents principles underlying peak performance through the medium of tennis. It absolutely nails such nuanced ideas as self-doubt and concentration. A less practical but more entertaining book with...
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    Best "Template-Based" Website Builder?

    MARKETING 
    What are you talking about? It's insanely easy to use. As others have pointed out, there may be a learning curve, but try doing the same thing without Divi. There is still a limit at what those tools can do; it still takes time. I just takes 10X less time than it used to with less sophisticated...
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    How much equity should I give this All-Star?

    NOTABLE! PEOPLE 
    And what is now preventing you from terminating her and paying her this 200%? Integrity, I hope. But clearly, it was a terrible deal for her.
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    Value for employees other than money

    PEOPLE 
    What can motivate a great employee to work for a below-market salary? In other words, what would be a way to hire someone brilliant on a limited budget? Some options I am aware of: 1. Equity / profit sharing / other forms of financial upside in the future. This is not always practical if e.g...
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    You Need to Have A Bigger "Why" (What's Yours?)

    EXECUTION 
    That was a big change for me also: I realized that in order to teach people I have to teach myself first. Otherwise all I could teach was self-sacrifice. Paradoxically, not many people want to learn about self-sacrifice. Also, without being selfish I found it did not have much to give — not...

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