Time for some “American Dynamism” #realtalk:

Lobbying firms.

If you’re operating in this space, you’ve undoubtedly been contacted by them.

Business suits. Fancy titles. Lots of acronyms. War stories.

And a $20k month MINIMUM.

Is it worth it?

1/7
Too many startups paying TENS OF THOUSANDS OF DOLLARS A MONTH for what ends up being MINIMAL ASSISTANCE.

Sure, Lobbying firms have their place, but for many early-stage CEO’s, that money is better used on engineering talent.

What’s the solution?

2/7
For most startups, national-level “Government Affairs” (GA) means helping with:

- Meetings in Washington (Congress and at the Executive Branch, 1-4 times/yr)
- Help w/policy, incl submitting “comments” to Agencies
- Applying for grants, etc.
- Congressional visits & press

3/7
STATE and LOCAL GA is about:

- Engaging with state revenue agencies re: optimal tax treatment
- Engagement with regulators
- Economic development agencies to maximize benefits, press opportunities, etc.

NONE OF THIS REQUIRES $20k A MONTH.

4/7
"that's nice Josh, but what should I do instead?"

Here's the trick:

If you know where to look (and I know where to look), there are PLENTY of former Hill staffers / Department-or-Agency staffers / GA pros who would GLADLY do this for you part-time.

5/7
Government Affairs doesn't need to be scary.

And it doesn't need to break the bank.

Don't let the swamp creatures tell you that for $20k a month they can waive a magic wand and make you an instant part of the military-industrial complex.

START SLOW.

You'll get there.

6/7
That's all for now.

DON'T LET YOUR FRIENDS GET TAKEN ADVANTAGE OF.

You can help them by:

(1) follow @JoshuaSteinman for more content like this (free is better than $20k a month!)
(3) DM's open if you need to talk to about this
(3) RT to spread the word 👇👇

7/7

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More from @JoshuaSteinman

Mar 12
The US Government MUST assert that depositors will be made 100% WHOLE. Anything less represents a SYSTEMIC risk to the banking system. If this doesn’t happn, come Monday, small banks in the US will be in GRAVE DANGER.

This is NOT a bail-out. Let me explain.

1/12
Anything less than 100% of depositors’ money will mean capital flight from the over 2000 community banks in the U.S., to the “too-big-to-fail” banks.

This is the greatest SYSTEMIC risk to the banking system since 2008.

SYSTEMIC means FDIC can take EXTRAORDINARY measures.

2/12
Many are saying “NO BAILOUTS.”

Agree. Thankfully, the FDIC was BUILT TO HANDLE BANK RUNDS.

They’re sitting on a $100+ BILLION DOLLAR rainy day fund, paid for by the banks themselves, that they can use to stop the madness. NO TAXPAYER DOLLARS.

But HOW would it happen?

3/12
Read 12 tweets
Mar 11
During the darkest and earliest days of the COVID crisis, President Trump and our White House Senior Staff acted decisively and quickly to reassure American (and by extension, global) markets.

cbsnews.com/news/trump-pre…

1/8
Daily communication. Back channel engagement. And aggressive action to reinforce the full faith and credit of our financial system.

This is what President Trump and Sec. Mnuchin did:

home.treasury.gov/news/press-rel…

That is not happening today.

2/8
The focus seems to have shifted.

Away from our citizens, beyond our borders, to far away financial obligations and conflicts with little upside for the American People.

msn.com/en-us/news/pol…

3/8
Read 14 tweets
Mar 11
SVB isn’t too big to fail.

It’s too important to fail.
>> we have no exposure, I have no skin in this game
Read 4 tweets
Mar 8
Haven’t deadlifted in a while, just warmed up, keeping it low key, gonna see how 255 feels
Two reps, no pain, we might be back
brb gonna go for 275
Read 6 tweets
Mar 5
The key performance indicator of the U.S. defense industrial base ought to be:

How quickly can a piece of technology go from TLR 1 to TLR 10.

My guess today: minimum 6 years.

Until we get it down to 6 months, we are in trouble.

1/
This KPI, let’s call it “speed-to-field” portends technologies we MUST develop:

> design tools enabling distributed workforces to operate at speed
> rapid prototyping
> manufacturing regions that can scale production quickly
> policy that enables all

2/
the cognitive architecture at work here? Boyd’s OODA-Loop.

We need to iterate military hardware at the speed of war.

Not at the speed of Legislation.

Congress can help, by crafting, reinforcing, and funding pathways to accomplish rapidity.

DOD can too.

3/
Read 6 tweets
Mar 5
In light of the new National Cybersecurity Strategy (analysis coming tonight on my substack - sign up), let’s review this outstanding @WSJ piece by @Kate_OKeeffe and others, covering a pressing maritime cybersecurity issue: wsj.com/articles/penta…

1/
Want to understand the confrontational aspects of the ÇÇP’s foreign policy?

Think about the ancient game of “Go.”

Many have pointed this out, but it bears repeating:

You win through ENCIRCLEMENT, not confrontation.

OR, as Sun Tzu said…

“Win without fighting.”

2/
Want to understand how this applies in the maritime domain? Look at one aspect of the ÇÇP’s current maritime strategy:

> ÇÇP controlled/owned transport companies to purchase ports around the world
> Install your own equipment and infrastructure, in the name of “efficiency”

3/
Read 14 tweets

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