“I always regretted saying too much, I rarely regretted saying too little.”
Allow mystery to make you look smarter than you seem.
The chatty ones often lose.
“White zone is dangerous, stay in yellow."
The white zone = you walking w/ a podcast on, not paying attention, being on autopilot.
Nothing more dangerous than not paying attention. In life, deals and being sneaky.
Details = devils.
“Baseline vs deviation - always look for what is normal and then what is different.”
She knows all cars that are supposed to be on her street, her neighbors patterns. Why? Then spotting an abnormality is easy.
In dealmaking you can’t know a good deal until you know a bad one.
"Trust evolution - trust the multi-generational gut that has been built."
When she gets spooked, she leaves. When it feels wrong, they skip the drop. Gut > need.
Too often we know someone is not a fit but we hire or partner anyway.
"Choose the time and place of your engagement."
When I do a deal, I almost always do it on my schedule, in a place I know, where I'll be comfortable, after I've done a workout, and never after eating.
Place is a power play.
"Get off the x"
She plays this game with her kids, in a weird situation what do you do? Get off the x, the kids shout.
That means always moving, never expected, and learn to run not freeze.
Turns out freezing and inactivity is our default mechanism.
TLDR:
Hire ex-CIA people. Everything in life is looking for echoes, rhymes, reasons, they are the pros at it.
Also - find friends from different walks, you just may learn something.
If you like this you’ll love the full article next week…
But not many schools teach you how to run and grow a profitable, boring business
Here's 6 courses I'd tetach if I was in charge:
#1 Numbers But No Calculus
Accounting, Snooze I know. But learn 3 things:
- P&L (profit and loss) - how to read it & what's important
- forward looking projections (how to model out what cash & costs could be)
- taxes - if you know how they work you can save millions
#2 People over everything
Hiring,
- how to do it
- how not to suck at it
- how to get people to come buy into your dream
- better yet how to get your people to bring friends along