1/ The Best Startup Advice You’ll Ever Receive

(Thread)
2/ Brit Morin (@brit)

Start something you’re genuinely passionate about.
I think the most important thing is to make sure the business you want to start is something you are *personally* passionate about, not just a big business idea.
3/ You have to fight and grind every single day, and you’ll be less likely to give up during the hard times if it’s something you deeply care about.
4/ Jack Dorsey (@jack)

Find good people to support you.
Reflect on what drives you and what you’re naturally passionate about. And find good people to support you.
5/ Ben Casnocha (@bencasnocha)

What you decide to do with your life will change over time
6/ This is why in The Start-up of You, we talk about developing a competitive advantage by intersecting all three considerations: your assets (strengths), aspirations (values, passions, etc), and the market realities.
7/ Molly Graham ( @molly_g)

Listen to what your gut says. Trust it.
Wait for the moment when your gut or your heart makes itself VERY clear about hard decisions.
8/ The other thing…you should ALWAYS follow wonderful people that you want to learn from more than almost anything else in your career
9/ James Altucher ( @jaltucher)

Think about what you were interested in as a kid.

There’s never that “one thing” you are supposed to be doing. Don’t forget—the average multi-millionaire (and this is from tax data) has seven different sources of income, at least.
10/ But one start is to think about all of the things you were interested in from the ages of 6–18. How does that translate into the modern day today? If you loved writing, maybe self-publish a book. If you loved stocks, think about finance.
11/ Daniel Pink (@DanielPink)

Advice for college students (and all of us)

-Try all kinds of new stuff. Don’t get locked into thinking you have to do certain things. Take courses in subjects you’ve never heard of. Join groups that push you out of your comfort zone.
12/ -The secret to college is relationships. Seriously. Curriculum and the formal stuff are useful only as mechanisms for forging connections to others. So chat up people at the dining hall. Go to your professor's office hours.
13/ Kimmy Scotti

Don’t worry so much!

I think I would have told myself ten years ago to just worry less. I was so focused on my work/company/etc. that I didn’t stop to look around and realize how fun it all was in the process.
14/ Andrew Chen (@andrewchen)

Find your superpower

Learn to be T-shaped; be good at a bunch of stuff, but then have a clear superpower where you’re world-class. To be world-class at something, you’ll have to work on a single thing night and day for years.
15/ Spend time writing and reflecting—more than reading, and more than reading tweets. It’s good to blend your work and your hobbies; that says you enjoy your work enough to do it all the time. Don’t sell your time for a living.
16/ Ken Norton (@kennethn)

Write your resume 10 years from now

Jonathan Rosenberg, former SVP of Product at Google, used to ask all the product managers on his team to write their resumes in 10 years. Where do you want to be? I was skeptical until I did it.
17/ I realized pretty quickly that my resume in 10 years didn’t say “CEO.” I didn’t want to be a CEO. But I hadn’t explicitly stated that, and in many ways the PM career path defaults to the CEO career path.
18/ Kathryn Minshew (@kmin)

“No” is often just the starting point

The best piece of advice I ever received was that “no” is often just the starting point, and most careers worth having involve a fair amount of determination, grit, and just general “try try again”-ing.
19/ Jeff Atwood (@codinghorror)

Whatever you want to do, start yesterday

Whatever you want to do, start yesterday. Start earlier. Start NOW. The sooner you start, the sooner you can reap the benefits or figure out that it isn’t going to work.
20/ And you won’t need to wonder “what if” because you did it already. There is nothing more painful than the “what ifs” you carry around inside your head. So act on them! Now! DO IT! JUST DO IT!
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More from @mahadevanarj

9 Jul
1/ What are Cool Cats(@coolcatsnft) ?

Cool Cats are derived from Blue Cat, the primary character created by Colin “thecatoonist” over 10 years ago

(Thread)
2/ Colin aka “Clon” has spent years perfecting the line weight, ear height, and whisker length of Blue Cat to finally get him to its undeniably cool and cute final form.
3/ Blue Cat has had some degree of success making debuts in some small art shows and pockets of the internet but has never garnered the attention he truly deserved.
Read 12 tweets
9 Jul
The Baddest Man on the Planet. Youngest boxer ever to win the WBC, WBA, and IBF world heavyweight titles. Global icon. Living legend. AKA @MikeTyson...

...bought a @coolcatsnft 🙀

opensea.io/OfficialMikeTy… Image
8 years ago @MikeTyson says "cool cats" in a tweet

Today he buys a @coolcatsnft

Coincidence? Or a glitch in the simulation?

Read 4 tweets
9 Jul
I got my first NFTs (Non-Fungible Tokens):

@TheAlienBoyNFT 👽 & @coolcatsnft 😺

But before I did I wanted an ELI5 of what an NFT is that *actually made sense to me*

If you have no clue what an NFT is that ends today 👇🏽

Here's the ultimate "ELI5: NFTs"

(thread 🧵) ImageImage
NFTs are a way of applying some of the limited edition value of physical objects to the digital marketplace by creating an artificial scarcity.

And many people think NFTs are here to stay for the *long term*
@garyvee thinks that meeting someone new in 2030 will include looking at their public wallet to see what NFT’s they have.

Which will be in addition to:

- a google search of their name

- looking at their social media accounts

- and Wikipedia / LinkedIn in certain situations
Read 36 tweets
8 Jul
1/ HOW TO HIRE THE FIRST MARKETER FOR YOUR TEAM OR STARTUP

Andrus Purde (@andruspurde) has built 3 marketing teams, hired more than 30 marketers.

This thread will help to hire your first (or third) marketer.

(Thread)
2/ As we all know, hiring is hard, and it’s painful to be working in a team where you’re missing a core skill.
3/ The foundation: be mindful of the three big areas you’ll want your first marketer to be responsible for

It’s a good idea to start this thread (and your hiring process) from definitions. The three big areas that a marketing head needs to cover are:
Read 31 tweets
1 Jul
1/ Today, July 1st, 2021 is DAO Day 🎉

Wyoming's law is live which lets DAOs (Decentralized Autonomous Organizations) register as LLCs (Limited Liability Companies)...

...and @StartPackHQ is supporting DAO LLC registration startpack.io/dao-llc-wyoming 🚀

Why is this law a big deal?
2/ Each new era of innovation has created new way to coordinate human activity 🤝

The age of exploration birthed chartered corporations

The industrial era in the US heralded the joint stock company

The railroad boom created preferred shares
3/ DAOs could be the next major organizational structure 🔮

DAOs help people organize their affairs using software (potentially accompanied by associated legal agreements) to build organizations that are highly automated and Internet-native.
Read 21 tweets
18 Jun
Imagine having a business with $0 of revenue in the US...

...but you end up paying *over $100M in taxes* to the US Government 😱

This unfortunately happened to @brianrequarth 😩

Here's the story of how choosing the wrong biz structure (LLC vs. C-Corp) can cost you millions 👇🏽
*Disclaimer*

I am not a tax or legal professional nor is this thread tax or legal advice

If you do want tax or legal advice on launching a US company follow @mahadevanarj and shoot me a DM; happy to connect you with a US CPA with international tax expertise!

* Disclaimer*
When starting a company, $ is tight, and founders will do anything to save cash

This makes sense. As @paulg says, spending too much is one of the top reasons startups die
Read 16 tweets

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