"The 11 Laws of Showrunning"
Found so much wisdom and quotes in this essay by a television writer and producer - on ego, managing people, communication, creativity.

"These may be the only Laws not only optional, but tangential to the commonly accepted definition of success."
A TV show as a startup.

An inventor (writer) had an idea, went to a VC (studio). They took it to a retailer (network) who agreed to front money to build a prototype (pilot). Later, they decided to put the product (the "series") on their department store windows (their "air").
Hit-driven businesses
The importance of being a good communicator.

"It relieves your team of the duty to go back into their offices, slaughter a lamb, and read the entrails in the hopes to reveal what the fuck it is that you really want."
Ego:
"Every one of the laws asks for the same thing: that a showrunner surrender some quantum of their ego - of their attachment to the idea of themselves as the sole fountainhead of the show's greatness - to serve the show and those who make it instead of themselves."
Loyalty.
"Your staff works for you. They will do whatever you need done because they enter every conversation knowing that you can fire them. Their indenture is a given. Their loyalty is not."
"Your job is to communicate a shared vision with enough specificity that everyone understands it, and to then preach it, to the point of exhaustion until everyone - from the directors to guy who embroiders the back of the chairs - feels it in their soul like a gospel."
"Your job is to make ideas come to life. The first step in doing your job is to commit. Commit early. Commit often. Make committing the same as breathing: you might as well do it now, because you will have to do it eventually."
"Your creativity is fed by everything around you - especially the great people you hired to facilitate this difficult undertaking - and is not some finite thing that must be hoarded and protected with arcane devices and traps."
"We cling to our delusions, depressions, and darknesses. We mistakenly believe that our creativity is a karmic recompense for the torturous havoc our inner gloom wreaks upon us and must therefore preserve that gloom at all costs."
"You gain mastery the way players master chess: by studying old games, internalizing the patterns, and practicing. Lay-people mistake chess and writing as explosions of genius-level creativity.

Where does the black powder for that explosion
come from? From pattern recognition."
"Architects can see buildings off blueprints. That's their job. Your job as a showrunner is to see the gross anatomy of the stories the writers pitch you off the shorthand of the board."
"In my experience, the simplest decisions are often the hardest because they demand a painful concession to an unpleasant truth."
"The worst position for a leader is as the bearer of bad news everyone already knows."
"How you deal with praise, and success, and all the slings and arrows thrown at you - and whether you recognize that you have within it the strength to be that aforementioned flak jacket to your staff - is as true a test of your self-esteem and worth as anything you will face."
"The wonderful thing about credit is that it's not a finite resource."
There's a full version
okbjgm.weebly.com/uploads/3/1/5/…

..and a shorter, "nice" version which also doesn't use the f word.
okbjgm.weebly.com/uploads/3/1/5/…

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More from @NeckarValue

24 May
Last Wednesday, I returned to NYC after an 8-month hiatus in Germany. I thought it would be a blast. It turned into a Feynman quote and a haze of pain.

I got lost in the most perfect eyes. Found truth, beauty, and all the agony I could bear.
“The first principle is that you must not fool yourself — and you are the easiest person to fool.” Richard Feynman

I always liked that quote. I just had no idea how true it was. How capable I really am of fooling myself. How painful the un-fooling would be.
Last summer, my life was a mess. I lost my job. Saw no way forward in my career. Decided to return to my hometown to be with family, clear my head.

I was going to leave in September. On a whim, I went on a date in early August. My best worst decision ever.
Read 21 tweets
12 May
When I got divorced, I started a strange hobby: I went to the New York Public Library to read old newspapers.

In this gorgeous ambience I dove into the lost knowledge of a century of financial markets.
Just kidding. That room belongs to J.P. Morgan’s private library (now a museum - do visit! Amazing and overwhelming old book smells!)

I was here: the NYPL's Science, Industry and Business Library (SIBL). A nondescript building across from the Empire State Building.
That’s where I spent many Saturday mornings. I guess I was looking for some lost wisdom, advice that would help me out of my rut.

I started with a simple list of famous investors and just hacked away.
Read 25 tweets
11 May
I wrote about the struggle to cultivate an abundance mindset.

“The quest to be the best turns into you not wanting anyone else to be the best. Even if you reach the pinnacle, there is no joy.” @bhorowitz
Thanks to @supermugatu for clarifying a metaphor I was struggling to grasp in my piece:

Abundance is like tending a garden. You want everyone in your environment to have good soil, water, and sunlight to blossom.
Scarcity is like mining a resource. Like drilling for oil. Everyone taps one pool.

I get more, you get less.

“My straw reaches acroooss the room and starts to drink your milkshake. I drink your milkshake. I drink it up!”
Read 21 tweets
3 May
Short 2012 Bloomberg profile of Chase Coleman

"A descendent of Peter Stuyvesant, the last Dutch governor of New York. He had grown up with Robertson’s son. Soon after Robertson closed his fund in 2000, he handed Coleman more than $25mm to manage. Coleman was 25 at the time"
“Chase got whacked in the head with a two-by-four in 2009,” Yusko says.

"His worst years were 2008, when he lost 26 percent, and 2009. Coleman was short financial stocks and mortgage companies because his research told him they were money losers."
"Then the government banned short selling in many stocks and bailed out the banks. Tiger Global ended the year up just 1 percent."

“There were folks in 2009 who said Chase is done, he’s gotten too big and he’s lost his nerve,” Yusko says.
Read 9 tweets
3 May
Excellent @duncangrahamnyc piece on the nuance and importance of understanding people.

"When I started East Rock 15 years ago, my mission was to find and invest with the most talented investors in the world."
"When I try to figure out what game I’m playing, I see that for the last 25 years I have been playing a game of strategy applied to people, a game where over and over I try to answer the question “what’s going on here, with this human?”"
"What most people think of as the hard parts of hiring—asking just the right question that catches the candidate off guard, defining the role correctly, assessing the person’s skills—are less important than a more basic task: how do you see someone, including yourself, clearly?"
Read 11 tweets
3 May
Wide-ranging conversation with @bhorowitz

The 'trust/communication equivalency':
"If I trust you completely, you don’t even have to talk to me. I know you are acting in my best interest at all times. If I don't trust you at all, I won’t hear anything that you say."
"High fidelity honest communication is the key to building trust."

"Courage is the foundation of all virtues. Your integrity and trustworthiness can be measured only when something happens: in order to develop a high trust relationship, you have to go through some shit."
Finding happiness through contribution and abundance.

"If you can align your life with where you have the talent to make a large, meaningful, and real contribution to the world, your circle, or your family, then you can be very happy."
Read 9 tweets

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