Behind Founders' Motivation

#61 Angelinvesting.it - From idea to Series A - Weekly Newsletter

Dear reader,

I am exceedingly satisfied with the experiment conducted last week. The email achieved the highest reach ever recorded. For the next few weeks, I will continue to experiment with this new model. The overarching objective remains to provide you with thought-provoking insights that may accompany you throughout the weekend, the week, and, why not, for life.

1. Great founders true motivation

A compelling take on founders motivation by one of the most thoughtful investors in the valley. Naval Ravikant

“The great ones don’t do it for money or fame or power. 

Or to build an institution, or to help others, or to save the world.

Like a child tinkering, they create it for its own sake.

Free of the burden of ambition.

Deaf to the demands of the world.”

2. Betting on yourself

A tweet, the link and author of which I've misplaced, that encourages you to bet on yourself, deeply resonated with me.

Steve Stoute was making $2.5M a year as a record executive at 27, took a pay cut to $150K and equity in the agency he joined. 2 years later it sold for $190M. You can’t teach people to bet on themselves

3. Suspending disbelief

John Ivy, the former head of design at Apple who produced the iPod, iPhone, and iPad, explains with what care ideas should be treated. It lasts only 1 minute, but this video needs to be listened to and re-listened to.

4. Think like movie scripts

All-star hedge fund manager Ray Dalio on approaching visualization: “The more vividly you can visualize how the scenario you create will play out, the more likely it is to happen as you plan. Visualize who will do what when and the result they'll produce. This is your mental map of your machine. Recognize that some people are better or worse at visualization. Accurately assess your own abilities and those of others so you can use the most capable people to create your plans”.

Bonus track: the ultimate list of pre-seed founder mistakes to avoid

From Alex Iskold, an angel investor I deeply respect, comes what I consider the ultimate list of mistakes any entrepreneur should avoid when raising a seed or pre-seed round. CHECK IT OUT!!!

If you liked this new newsletter format, please let me know in the comments or send an email. All feedback is welcome (even if you didn't like it, knowing that is valuable).

Have a great weekend,

Simone

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