How to think about risk

How to Think About Risk

Risk tends to get a bad rap. We associate it with things like losing money in the stock market, or riding a motorcycle without a helmet. But risk isn’t the enemy—it’s a permanent, pervasive, unavoidable part of life. Risk is the flip side of every opportunity, every career move. When George Clooney aggressively auditioned and sold…

Your network is bigger than you think

Your network is bigger than you think

Interconnectedness feels good emotionally, but professionally it is limiting because the same information recycles through your local network of like-minded friends. If a close friend or ally knows about a job opportunity, you probably already do too. That’s why the breadth and reach of your network is valuable. When thinking about how to expand your…

The 3 Types of Professional Relationships in Your Network: Allies, Friendlies & Followers

The 3 Types of Professional Relationships in Your Network: Allies, Friendlies & Followers

Right now, your network is opening and closing certain doors that shape your future — sometimes without your even knowing it. The people who exert this influence on your life represent three distinct types of relationships that matter in a professional context. Professional Allies These are your friends who serve as important career sounding boards/advisors/advocates.…

I-to-the-We: You and Your Team

I-to-the-We: You and Your Team

Despite the fact that nothing important in life is done alone, we live in a hero-obsessed culture. If you survey the population, asking people how they think a company like Tesla skyrocketed to prominence, you’ll probably hear all about Elon Musk but not a peep about the team he built around him, which was essential…

False Choices

In today’s world, the rules change — fast. Unexpected things happen: Strange shifts you couldn’t have imagined. Competition comes out of nowhere. Technologies disrupt the playing field. Jobs, even entire industries, disappear. The very fabric of the game changes, and whole new careers are born. In the early 2000s, if you told people that in…

Image generated by OpenAI's DALL•E 2

The Advantage of Growth Loops

As a Silicon Valley VC, I love to invest in internet franchises that possess strong “growth loops.” What’s a growth loop? It’s a feature of a business that yields compounding value—value that multiplies over time—rather than one-off gains. Think of a flywheel: You turn the flywheel once and it keeps spinning on its own. Momentum builds…

Image generated by OpenAI's DALL•E 2

Why 10 Year Plans are Wrong

Ten years ago, when Ben Casnocha and I published The Startup of You, we wrote that we have entered the Age of the Inconceivable, an era in which things we previously couldn’t even have imagined happen again and again and again. Now that we have updated and are re-releasing the book a decade later, this is…