Stephen Bartlett
π€ SpeakerAppearances Over Time
Podcast Appearances
That person derived this thing. And so when a problem arises, we can re-derive the next solution rather than trying to apply the aphorism to a new setting.
I mean, I'm sure you see it everywhere.
I mean, I'm sure you see it everywhere.
I mean, I'm sure you see it everywhere.
It's like, I have so much on this. So one is right when I sat down, you were telling me about the episode that we ran that was like akin to a shark tank, but new version that we had on our channel. And you saw me like kind of like groan and be like, It was 56 minutes on video, but it was so much work to produce that one thing. But no one sees all the work behind it. That's the 99%.
It's like, I have so much on this. So one is right when I sat down, you were telling me about the episode that we ran that was like akin to a shark tank, but new version that we had on our channel. And you saw me like kind of like groan and be like, It was 56 minutes on video, but it was so much work to produce that one thing. But no one sees all the work behind it. That's the 99%.
It's like, I have so much on this. So one is right when I sat down, you were telling me about the episode that we ran that was like akin to a shark tank, but new version that we had on our channel. And you saw me like kind of like groan and be like, It was 56 minutes on video, but it was so much work to produce that one thing. But no one sees all the work behind it. That's the 99%.
So that's thing one. The next thing is, think about the, if you're a founder who's plagued with competition and being upset about it, I was one too, and I want to tell you how I got over it. So number one is think about the alternative, which is that no one copies you because no one cares about what you're doing. Well, then it would be a requisite for success that people copy you.
So that's thing one. The next thing is, think about the, if you're a founder who's plagued with competition and being upset about it, I was one too, and I want to tell you how I got over it. So number one is think about the alternative, which is that no one copies you because no one cares about what you're doing. Well, then it would be a requisite for success that people copy you.
So that's thing one. The next thing is, think about the, if you're a founder who's plagued with competition and being upset about it, I was one too, and I want to tell you how I got over it. So number one is think about the alternative, which is that no one copies you because no one cares about what you're doing. Well, then it would be a requisite for success that people copy you.
So as long as you are successful, this is just a part of business. The second piece is by definition, if someone copies you, they are second, right? period. And so if you want to lead, you can't look at anyone else. You have to consistently be deriving the next step, the step six that's unseen from your first five steps to innovate rather than I'm just going to parrot the next thing.
So as long as you are successful, this is just a part of business. The second piece is by definition, if someone copies you, they are second, right? period. And so if you want to lead, you can't look at anyone else. You have to consistently be deriving the next step, the step six that's unseen from your first five steps to innovate rather than I'm just going to parrot the next thing.
So as long as you are successful, this is just a part of business. The second piece is by definition, if someone copies you, they are second, right? period. And so if you want to lead, you can't look at anyone else. You have to consistently be deriving the next step, the step six that's unseen from your first five steps to innovate rather than I'm just going to parrot the next thing.
And as soon as you find yourself copying, you have admitted defeat. You've admitted that you were no longer the leader and that you were just following in someone else's footsteps and you're giving them the baton and saying, you be the champion. I'm happy with second, third, fifth place. And in a winner-take-all world, like attention is, all the fruits go to the first place anyways. Amen.
And as soon as you find yourself copying, you have admitted defeat. You've admitted that you were no longer the leader and that you were just following in someone else's footsteps and you're giving them the baton and saying, you be the champion. I'm happy with second, third, fifth place. And in a winner-take-all world, like attention is, all the fruits go to the first place anyways. Amen.
And as soon as you find yourself copying, you have admitted defeat. You've admitted that you were no longer the leader and that you were just following in someone else's footsteps and you're giving them the baton and saying, you be the champion. I'm happy with second, third, fifth place. And in a winner-take-all world, like attention is, all the fruits go to the first place anyways. Amen.
So I will answer with how I derived my kind of life thesis, which was after we, so when we went to, so we had taken about $40 million in distributions from Jim Launch personally throughout the years that we ran the company. And then in the year of the sale, for those of you who've never sold a company before, you typically don't want to change a lot of things.
So I will answer with how I derived my kind of life thesis, which was after we, so when we went to, so we had taken about $40 million in distributions from Jim Launch personally throughout the years that we ran the company. And then in the year of the sale, for those of you who've never sold a company before, you typically don't want to change a lot of things.
So I will answer with how I derived my kind of life thesis, which was after we, so when we went to, so we had taken about $40 million in distributions from Jim Launch personally throughout the years that we ran the company. And then in the year of the sale, for those of you who've never sold a company before, you typically don't want to change a lot of things.
You kind of want the company to just be like, be stable, keep working, everything's fine. And so it's one of the most harrowing experiences to go through because you can't really change anything. And if you're the founder, you're always trying to innovate. So you can't do what you're normally doing. And you also can't start the next. So you can't change current and you can't start new.