First web3 experiment
Hey All I’ve mentioned before that my next venture is gonna be in web3, so I am thrilled to announce the share something I've been working on - Wingman, a flight delays prediction market. Check it out and let me know what you think
First web3 experiment
Hey All I’ve mentioned before that my next venture is gonna be in web3, so I am thrilled to announce the share something I've been working on - Wingman, a flight delays prediction market. Check it out and let me know what you think
Know Thy Time
As a junior manager, one of the biggest challenges I faced was not focusing on what was important, but rather what was urgent. This often resulted in feelings of frustration, negativity towards others, and low self-esteem. So, I decided to find answers to the question, "what does it take to manage effectively?" and I found the best answers in Peter Drucker's 1967 book "The Effective Executive". The first piece of advice he offered was to "Know Thy Time". This is something I would highly ...
Know Thy Time
As a junior manager, one of the biggest challenges I faced was not focusing on what was important, but rather what was urgent. This often resulted in feelings of frustration, negativity towards others, and low self-esteem. So, I decided to find answers to the question, "what does it take to manage effectively?" and I found the best answers in Peter Drucker's 1967 book "The Effective Executive". The first piece of advice he offered was to "Know Thy Time". This is something I would highly ...
Big thinking & hackathons
One of the traits of large companies is "big thinking". By this, I mean they plan on a grand scale, measuring their progress in months, quarters, and years. This can be a dangerous habit for a startup founder, since they should be thinking and acting on a daily, weekly basis. So how can one learn to unlearn this? Hackathons have been a great help to me. First we attended external ones, but eventually we started organizing internal ones. A hackathon is a 24-hour marathon of programming aimed a...
Big thinking & hackathons
One of the traits of large companies is "big thinking". By this, I mean they plan on a grand scale, measuring their progress in months, quarters, and years. This can be a dangerous habit for a startup founder, since they should be thinking and acting on a daily, weekly basis. So how can one learn to unlearn this? Hackathons have been a great help to me. First we attended external ones, but eventually we started organizing internal ones. A hackathon is a 24-hour marathon of programming aimed a...
PPF shift for Startups
There is this concept of production possibility frontier (PPF) in Economics. It is often visualized as a curve that represents the optimal allocation of resources between producing two different products - see PPF1 curve on the diagram above. Point A is one such possible optimal allocation achieved by, say, Company A. However, you will realize that this curve is not always a perfect representation of reality. In fact, most companies do not operate on the optimal curve (point B), and there are...
PPF shift for Startups
There is this concept of production possibility frontier (PPF) in Economics. It is often visualized as a curve that represents the optimal allocation of resources between producing two different products - see PPF1 curve on the diagram above. Point A is one such possible optimal allocation achieved by, say, Company A. However, you will realize that this curve is not always a perfect representation of reality. In fact, most companies do not operate on the optimal curve (point B), and there are...
The Jeans vs Users Dilemma
My colleague reminded me of a funny story. I had converted the cost of a pair of jeans to the number of users we could acquire, and I picked the new users option so that we could grow a couple of percent faster. At the time, I had no idea if my choice was right, but years later I became confident that the relentless focus and preference of growth over other things was instrumental to our success. There is this concept of “opportunity costs” in economics. It means that when you choose one acti...
The Jeans vs Users Dilemma
My colleague reminded me of a funny story. I had converted the cost of a pair of jeans to the number of users we could acquire, and I picked the new users option so that we could grow a couple of percent faster. At the time, I had no idea if my choice was right, but years later I became confident that the relentless focus and preference of growth over other things was instrumental to our success. There is this concept of “opportunity costs” in economics. It means that when you choose one acti...
