EPTso I'll reply more when I have time tomorrow. ^^
late late!
New Opportunities, Hard Choices - Page 2
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MightyAtom
Korea (South)1897 Posts
so I'll reply more when I have time tomorrow. ^^ late late! | ||
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Advantageous
China1350 Posts
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iseefor
United States162 Posts
On November 26 2014 20:52 MightyAtom wrote: Thanks ^^, I know I don't give enough details, but I hope if I come out on top after all this, I can do a really detailed 100 page recap. lol. I just pretended you were George Clooney in oceans eleven. just got to get though one last job. also that would be amazing lol | ||
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sabas123
Netherlands3122 Posts
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zobz
Canada2175 Posts
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EJK
United States1302 Posts
listen to the song lyrics. Get inspired. | ||
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Impervious
Canada4199 Posts
I don't like the "Go big or go home" attitude. In a poker tournament, if you get pocket aces on the first hand of the tournament, are you going to go all-in right away for a pretty big potential gain? Hell no, because even if you've got a 90% chance to win that hand, on that chance that you do lose, you lose out on all potential opportunities that may come up again in the future, which more than outweighs the rewards. In poker, I have a decent understanding of how to balance that risk vs reward, because the numbers are, for the most part, easy to calculate to a rough accuracy. Life is not so easy..... | ||
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husniack
203 Posts
On November 27 2014 04:01 Advantageous wrote: Mighty... you're like the Mark Cuban of TeamLiquid. To an ant, even a single droplet of water may encompass a day's hydration. | ||
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MightyAtom
Korea (South)1897 Posts
On November 26 2014 07:20 JollYRoGeR wrote: Being a quite young entrepreneur myself I find it relaxing to read your blogs. I've never chosen short or long term winnings instead of my personal goals, and from what I can tell I've done right doing so. I'm quite comfortable in my current market, even though it's heavily niched and I can literally see the end of great profit for me, still I want to struggle and make it work somehow. Although I must admit that a part of me has given up as I've gotten into the industrial property market to have safe investments with good ROI. The choices you have to make are difficult for sure, but I've always thought that a great entrepreneur can adapt in basically any market. Also, most successful entrepreneurs have big egos. I'm not totally convinced neither you or I will ever be satisfied. If I ever will be, I've misjudged myself, gotten different priorities or hit a brick wall. Not sure what I wanted with this post, but I can safely say that I enjoy reading your cryptic blogs. Have stability makes a massive difference, most of my corporate achievements only happened when I had stability to make a routine, but I was always flexible enough to create some exceptional value - but- it was always on the shoulders of the established system. But on a personal note, when you don't need to worry about your monthly rent or paying your staff on time, it does lessen your mental stress. You know there is always that issue, when do stop, when it becomes unnecessary to go further - whether it be Alexander or Napoleon, pushing too far when they had everything - I guess that would be great problem to have, or taking a stock that this victory will be pyrrhic. Maybe, if I get to where I want, I wont' be satisfied, but you know we grow, we change and mature, but right now, this blog reflects something really on my mind right now. And thanks for the complement, I know the blogs are cryptic and maybe one day they wont be keke ^^ but thanks for appreciating them anyways lol. | ||
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MightyAtom
Korea (South)1897 Posts
On November 26 2014 11:09 MysteryMeat1 wrote: http://motherboard.vice.com/read/these-college-kids-are-trying-to-make-buying-weed-as-boring-as-possible?utm_source=mbfb I think these guys are well on their way to being more successful that I ever will be lol. | ||
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MightyAtom
Korea (South)1897 Posts
On November 26 2014 15:08 Cele wrote: you're really full of it eh? like im top 5 here, could do what i want there. Nice for you if you think your good, but perhaps you'e self assesment is a bit off. And if it isn't? Then what does that make you sound like? | ||
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MightyAtom
Korea (South)1897 Posts
On November 26 2014 16:32 Juliette wrote: my best wishes, i hope you're happy doing the work you're doing, even though its hard and for the sake of proving you can. always nice to hear from you on TL  . i hope miniatom is doing well too!! Always thankful, and both mini and tiny atom are growing up well ^^ Hope you're doing well as well. Cheers. | ||
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MightyAtom
Korea (South)1897 Posts
On November 26 2014 21:47 Ctone23 wrote: Timing is everything in the private equity game. Good luck to you. Thanks ^^ | ||
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MightyAtom
Korea (South)1897 Posts
On November 27 2014 04:01 Advantageous wrote: Mighty... you're like the Mark Cuban of TeamLiquid. I wish,lol, that is a comparison very much out of my league - ^^ - I think when I was doing the TL knowhow project, I was amazed how many very accomplished business professionals are on TL. The more I've stepped away from my corporate career and have less to show on my entrepreneurial track record, it's not like I have some major achievement yet on the later to show like Mark Cuban does and I think from reading some of his material, I do respect him and his knowledge is broad. I'm very much more specialized in my industry, but thanks- I mean at the very least TL gives me a place to vent/express and whatever I can contribute back to the community is always my pleasure ^^ | ||
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MightyAtom
Korea (South)1897 Posts
See you guys in a couple of days or sooner! | ||
thedeadhaji
39489 Posts
On November 26 2014 21:47 MightyAtom wrote: Your point about people, I guess you mean as a team going at it, the adventure, I personally wouldn't want to curse anyone with that kind of adventure because of what a start-up entails, namely, a shit load of work that is super grunty. For me, people means people you want to be around: character, trustworthiness, commitment, shared values, competence. I get what you're saying about the personal growth thing - but to I'd say, doing a start-up for personal growth is more naivety - what you really learn is resourcefulness and the end result is that, whether or not you are successful, everyone gets a sick dose of reality and that always develops character lol. Many (younger) folks seem to believe that startup = smaller team = more ownership = more personal growth. But as you say, what you end up doing most of the time is scrappy, "resourceful" (as you say) work where you're often doing very unglamorous work day to day. This contrasts sharply with the expectations of the candidate who is seeking personal growth, because such people envision sexy work that "looks and sounds good". You probably will end up learning more than a typical bigco job, but not likely in the path or manner you envisioned. But that leads up to your last point [2] and this stood out for me, 'if the company fails, you've failed to win as well." and if anything comes come close to summing it up, for me that would be it. I still do consulting on the side, I still make cash for others, I still got the juice, but no matter what happens, what I count as the real proof of my accomplishments is all tied here. But it goes a bit deeper than needing to win, I never needed to win, but I want the power to crush. Reminds me of HF managers for whom success isn't about money but winning and crushing their peers at the game. | ||
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MysteryMeat1
United States3292 Posts
On December 01 2014 14:10 MightyAtom wrote: I think these guys are well on their way to being more successful that I ever will be lol. Ya they are really amazing and incredibly nice as well. All my club mates, them included make me feel dumb but push me ti achieve more. | ||
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MoonfireSpam
United Kingdom1153 Posts
I'm genuinely curious, spent the last 10 years in the bubble of medicine, which also encompasses most of my friends. I literally cannot understand that people do in offices that comprises a 50 hour week. Admittedly my only exposure to the MBA/management/business crowd are hospital managers and our Director all of which are shit, and sit in our Emergency department gassing all day ahout how they are "on call" which really they are sitting on a desk doing fuck all. It's like all they've done is brought in software that doesn't work, an in house locum "agency" that underpays staff (and is thereofre ignored), and a shitty poster about how the hospital is "proud" of the department. Shit showing for the last year. I do assume these guys are truely the bottom of the barrel. I'm considering doing a part time course in something like that just to see what the fuss is about. | ||
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TelecoM
United States10673 Posts
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KurtistheTurtle
United States1966 Posts
On December 01 2014 14:12 MightyAtom wrote: And if it isn't? Then what does that make you sound like? hahaha. reminds me of this poster + Show Spoiler + ![[image loading]](http://joeyroth.com/responsive_images/hustler_poster_joey_roth_560.png) On November 26 2014 05:36 thedeadhaji wrote: Personally, I think the two reasons someone should consider startups are (1) the product, or (2) the people [2]. "Personal growth" is often cited, but I think this a fallacy, since much of the work you do at a startup is basically "take out the trash" style grunt work that just has to get done. [2] Maybe "winning" is another one, since both you and another friend of mine (CTO at a Series B stage company) seem to have that as your primary motivation. This might make sense since "winning" at a startup isn't about yourself but is instead about the company. No matter how many promotions and raises you get at a startup, if the company fails, you've failed to win as well. I was wondering about that too, and decided there are two reasons worthy of making a decision to join a startup: 1) You're so passionate about it that you have to do it and you're going to do it anyways. 2) The world needs you to do it. This makes "wanting to win" an auxiliary benefit of working in a startup where hustle and bullshit are proportionally rewarded in a visceral, immediate way you can't get in most larger companies. This strongly appeals to people of a certain character, but ultimately I don't think it can replace 1) or 2). But where does reason #1 stop, and pride start? When you start doing things you weren't going to do anyways, because you're scared. If you take outside investment, that means you've explicitly agreed to either grow huge, or crash into the ground. For the startups in my city, I see that focus on competition in 'unknown spaces' often dilutes energy towards concentrating on the areas that will 10x or even 100x you in favor of justifying to investors in the short-term. Of course, merely having 1) or 2) doesn't mean you'll win. It just means you've got a chance to win. GL MightyAtom! | ||
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